IQE PLC

Common Name
IQE
Country
United Kingdom
Sector
Technology
Industry
Semiconductor Equipment & Materials
Employees
517
Ticker
IQE
Exchange
LONDON STOCK EXCHANGE
Description
IQE plc is an epitome of innovation within the industrial sector, specifically excelling in the manufacturing of semiconductor materials. The Cardiff-based company plays a crucial role in the supply c...

IQE's GHG Emissions Data Preview

In 2024, IQE 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).

However, IQE has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind IQE’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore IQE’s data sources below and access millions more through our Disclosure Search.

a. IQE's Annual Report 2024
a. IQE's Annual Report 2024

Insights into IQE's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of IQE amounted to 17,783 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 2023, the total operational greenhouse gas (GHG) emissions of IQE decreased by 0.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

IQE's Scope 1 Emissions Over Time

2023202409001.8 k2.7 k3.6 ktCO2e+25%
  • Total Scope 1
  • Year-over-Year Change

What are IQE's Scope 1 emissions?

In 2024, the total Scope 1 emissions of IQE were 3,455 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), IQE's Scope 1 emissions increased by 25.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are IQE's Scope 2 emissions?

In 2024, IQE reported Scope 2 greenhouse gas (GHG) emissions of 14,328 tCO₂e using the location-based method. a

Has IQE reduced its Scope 2 emissions over time?

Compared to the previous year (2023), IQE's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that IQE 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does IQE use for Scope 2 reporting?

In 2024, IQE reported its Scope 2 emissions using the location-based method. a

IQE's Scope 2 Emissions Over Time

2023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based

Insights into IQE's Value Chain Emissions

In 2024, IQE reported 1,371 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 2024 disclosure of IQE includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

IQE's Scope 3 Emissions Over Time

2023202404509001.35 k1.8 ktCO2e-23%
  • Total Scope 3
  • Year-over-Year Change

What are IQE's Scope 3 emissions?

In 2024, IQE reported total Scope 3 emissions of 1,371 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), IQE's Scope 3 emissions decreased by 22.93%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into IQE’s GHG Emissions Intensity Compared to Industry Peers

In 2024, IQE reported Scope 1 greenhouse gas (GHG) emissions of 3,455 tCO₂e and total revenues of USD 148 millions. This translates into an emissions intensity of 23.33 tCO₂e per millions USD. a

IQE's Scope 1 Emissions Intensity Compared to Peers

21002,000100,0002,000,000Scope 1 Emissions (tCO2e)202002,00010,000100,000Revenues (Millions of USD)EETPFEEEpisil-PrecisionYear: 2023Scope 1: 603 tCO2eRevenue: $M 138Scope 1 Intensity: 4.37 tCO2e/$MPanjit InternationalYear: 2023Scope 1: 521 tCO2eRevenue: $M 414Scope 1 Intensity: 1.26 tCO2e/$MLasertecYear: 2025Scope 1: 50 tCO2eRevenue: $M 1,748Scope 1 Intensity: 0.03 tCO2e/$MTokyo SeimitsuYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,102Scope 1 Intensity: 0.11 tCO2e/$MTong HsingYear: 2023Scope 1: 718 tCO2eRevenue: $M 378Scope 1 Intensity: 1.90 tCO2e/$MEEElite Advanced LaserYear: 2024Scope 1: 430 tCO2eRevenue: $M 231Scope 1 Intensity: 1.86 tCO2e/$MLam ResearchYear: 2023Scope 1: 190,124 tCO2eRevenue: $M 17,428Scope 1 Intensity: 10.91 tCO2e/$MASML HoldingYear: 2024Scope 1: 23,500 tCO2eRevenue: $M 29,412Scope 1 Intensity: 0.80 tCO2e/$MTTTCL Technology GroupYear: 2024Scope 1: 751,872 tCO2eRevenue: $M 22,604Scope 1 Intensity: 33.26 tCO2e/$MTokyo ElectronYear: 2024Scope 1: 21,000 tCO2eRevenue: $M 12,088Scope 1 Intensity: 1.74 tCO2e/$MPPPiotechYear: 2023Scope 1: 11,415 tCO2eRevenue: $M 381Scope 1 Intensity: 29.99 tCO2e/$MASMPTYear: 2024Scope 1: 1,100 tCO2eRevenue: $M 1,703Scope 1 Intensity: 0.65 tCO2e/$MFormFactorYear: 2020Scope 1: 6,188 tCO2eRevenue: $M 694Scope 1 Intensity: 8.92 tCO2e/$MFFFoxsemicon Integrated TechnologyYear: 2023Scope 1: 469 tCO2eRevenue: $M 425Scope 1 Intensity: 1.10 tCO2e/$MGreatek ElectronicsYear: 2023Scope 1: 1,687 tCO2eRevenue: $M 442Scope 1 Intensity: 3.81 tCO2e/$MAnji MicroelectronicsYear: 2023Scope 1: 3 tCO2eRevenue: $M 174Scope 1 Intensity: 0.02 tCO2e/$MDiscoYear: 2024Scope 1: 6,525 tCO2eRevenue: $M 2,031Scope 1 Intensity: 3.21 tCO2e/$MSigurd MicroelectronicsYear: 2023Scope 1: 515 tCO2eRevenue: $M 505Scope 1 Intensity: 1.02 tCO2e/$MSoitecYear: 2024Scope 1: 4,615 tCO2eRevenue: $M 1,056Scope 1 Intensity: 4.37 tCO2e/$MInari AmertronYear: 2023Scope 1: 314 tCO2eRevenue: $M 290Scope 1 Intensity: 1.08 tCO2e/$MSumcoYear: 2024Scope 1: 87,000 tCO2eRevenue: $M 2,526Scope 1 Intensity: 34.44 tCO2e/$MMI TechnovationYear: 2023Scope 1: 68 tCO2eRevenue: $M 77Scope 1 Intensity: 0.88 tCO2e/$MApplied MaterialsYear: 2023Scope 1: 49,053 tCO2eRevenue: $M 26,517Scope 1 Intensity: 1.85 tCO2e/$MIQEYear: 2024Scope 1: 3,455 tCO2eRevenue: $M 148Scope 1 Intensity: 23.33 tCO2e/$M

How does IQE's GHG emissions intensity compare to its peers?

In 2024, IQE reported a Scope 1 emissions intensity of 23.33 tCO₂e per millions USD. Compared to the peer group median of 1.85 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does IQE rank on GHG emissions intensity within its industry?

In 2024, IQE ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places IQE among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into IQE's Total Carbon Footprint

In 2024, IQE reported a total carbon footprint of 19,154 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.3% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to IQE's total carbon footprint was Scope 2 emissions, accounting for 74.8% of the company's total carbon footprint, followed by Scope 1 emissions at 18.04%. a

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