GlobalFoundries Inc
GlobalFoundries's GHG Emissions Data Preview
In 2023, GlobalFoundries completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
GlobalFoundries has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind GlobalFoundries’s Greenhouse Gas (GHG) Emissions Data
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Insights into GlobalFoundries's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of GlobalFoundries amounted to 1,897,568 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of GlobalFoundries decreased by 13.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
GlobalFoundries's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are GlobalFoundries's Scope 1 emissions?
In 2023, the total Scope 1 emissions of GlobalFoundries were 957,489 metric tons of CO₂ equivalent (tCO₂e). a
Has GlobalFoundries reduced its Scope 1 emissions over time?
Since 2018, GlobalFoundries's Scope 1 emissions have decreased by 35.8%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), GlobalFoundries's Scope 1 emissions decreased by 23.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are GlobalFoundries's Scope 2 emissions?
In 2023, GlobalFoundries reported Scope 2 greenhouse gas (GHG) emissions of 822,082 tCO₂e using the market-based method and 940,079 tCO₂e using the location-based method. a
Has GlobalFoundries reduced its Scope 2 emissions over time?
Compared to the previous year (2022), GlobalFoundries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GlobalFoundries 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does GlobalFoundries use for Scope 2 reporting?
In 2023, GlobalFoundries reported its Scope 2 emissions using the market-based method and using the location-based method. a
GlobalFoundries's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into GlobalFoundries's Value Chain Emissions
In 2023, GlobalFoundries reported 697,942 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of GlobalFoundries includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
GlobalFoundries's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are GlobalFoundries's Scope 3 emissions?
In 2023, GlobalFoundries reported total Scope 3 emissions of 697,942 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), GlobalFoundries's Scope 3 emissions decreased by 16.39%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
What categories of Scope 3 emissions does GlobalFoundries disclose?
In 2023, GlobalFoundries reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of GlobalFoundries's Scope 3 emissions?
In 2023, the largest contributors to GlobalFoundries's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 449,425 tCO₂e (64.39%)
- Fuel- and Energy-Related Services (Cat. 3): 175,037 tCO₂e (25.08%)
- Upstream Transportation and Distribution (Cat. 4): 26,380 tCO₂e (3.78%)
GlobalFoundries's Scope 3 Emissions by Categories
Insights into GlobalFoundries’s GHG Emissions Intensity Compared to Industry Peers
In 2023, GlobalFoundries reported Scope 1 greenhouse gas (GHG) emissions of 957,489 tCO₂e and total revenues of USD 7,392 millions. This translates into an emissions intensity of 129.53 tCO₂e per millions USD. a
GlobalFoundries's Scope 1 Emissions Intensity Compared to Peers
How does GlobalFoundries's GHG emissions intensity compare to its peers?
In 2023, GlobalFoundries reported a Scope 1 emissions intensity of 129.53 tCO₂e per millions USD. Compared to the peer group median of 3.24 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does GlobalFoundries rank on GHG emissions intensity within its industry?
In 2023, GlobalFoundries ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places GlobalFoundries among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into GlobalFoundries's Total Carbon Footprint
In 2023, GlobalFoundries reported a total carbon footprint of 2,595,510 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to GlobalFoundries's total carbon footprint was Scope 1 emissions, accounting for 36.89% of the company's total carbon footprint, followed by Scope 2 emissions at 36.22%. a