Marvell Technology Inc

Common Name
Marvell Technology
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
7,042
Ticker
MRVL
Exchange
NASDAQ/NGS
Description
Marvell Technology, Inc. is a semiconductor company that develops and supplies a broad array of comprehensive solutions for data infrastructure. The primary purpose of Marvell Technology is to provide...

Marvell Technology's GHG Emissions Data Preview

In 2023, Marvell Technology 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).

Marvell Technology has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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b
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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 Marvell Technology’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 Marvell Technology’s data sources below and access millions more through our Disclosure Search.

a. Marvell Technology's ESG Report 2023
a. Marvell Technology's ESG Report 2023
b. Marvell Technology's ESG Report 2022
b. Marvell Technology's ESG Report 2022

Insights into Marvell Technology's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Marvell Technology amounted to 28,331 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 Marvell Technology increased by 3.04%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Marvell Technology's Scope 1 Emissions Over Time

20212022202301.5 k3 k4.5 k6 ktCO2e+17%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Marvell Technology's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Marvell Technology were 4,645 metric tons of CO₂ equivalent (tCO₂e). a

Has Marvell Technology reduced its Scope 1 emissions over time?

Since 2021, Marvell Technology's Scope 1 emissions have increased by 26.29%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Marvell Technology's Scope 1 emissions increased by 7.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Marvell Technology's Scope 2 emissions?

In 2023, Marvell Technology reported Scope 2 greenhouse gas (GHG) emissions of 23,686 tCO₂e using the market-based method. a

Has Marvell Technology reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Marvell Technology's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Marvell Technology 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Marvell Technology use for Scope 2 reporting?

In 2023, Marvell Technology reported its Scope 2 emissions using the market-based method. a

Marvell Technology's Scope 2 Emissions Over Time

20212022202306 k12 k18 k24 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Marvell Technology's Value Chain Emissions

In 2023, Marvell Technology reported 22,062,502 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 Marvell Technology includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Marvell Technology's Scope 3 Emissions Over Time

20212022202306 M12 M18 M24 MtCO2e+6078%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Marvell Technology's Scope 3 emissions?

In 2023, Marvell Technology reported total Scope 3 emissions of 22,062,502 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 3.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.9% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Marvell Technology reduced its Scope 3 emissions over time?

Since 2021, Marvell Technology's Scope 3 emissions have increased by 5,617.04%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Marvell Technology's Scope 3 emissions remained relatively stable, indicating that Marvell Technology 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Marvell Technology disclose?

In 2023, Marvell Technology reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Marvell Technology's Scope 3 emissions?

In 2023, the largest contributors to Marvell Technology's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 21,367,533.187 tCO₂e (96.89%)
  • Purchased Goods and Services (Cat. 1): 613,337.556 tCO₂e (2.78%)
  • Capital Goods (Cat. 2): 28,681.253 tCO₂e (0.13%)

Marvell Technology's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(2.8%)Use of Sold Products(Cat. 11)(96.9%)

Insights into Marvell Technology’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Marvell Technology reported Scope 1 greenhouse gas (GHG) emissions of 4,645 tCO₂e and total revenues of USD 5,507 millions. This translates into an emissions intensity of 0.84 tCO₂e per millions USD. a

Marvell Technology's Scope 1 Emissions Intensity Compared to Peers

2050010,000500,00010,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000500,000Revenues (Millions of USD)RambusYear: 2023Scope 1: 1,733 tCO2eRevenue: $M 461Scope 1 Intensity: 3.76 tCO2e/$MMicrochip TechnologyYear: 2023Scope 1: 439,683 tCO2eRevenue: $M 8,439Scope 1 Intensity: 52.10 tCO2e/$MNVIDIAYear: 2024Scope 1: 11,896 tCO2eRevenue: $M 130,439Scope 1 Intensity: 0.09 tCO2e/$MTexas InstrumentsYear: 2024Scope 1: 1,016,000 tCO2eRevenue: $M 15,641Scope 1 Intensity: 64.96 tCO2e/$MAdvanced Micro DevicesYear: 2023Scope 1: 10,008 tCO2eRevenue: $M 22,678Scope 1 Intensity: 0.44 tCO2e/$MVishay IntertechnologyYear: 2023Scope 1: 32,864 tCO2eRevenue: $M 3,402Scope 1 Intensity: 9.66 tCO2e/$MWolfspeedYear: 2023Scope 1: 355,348 tCO2eRevenue: $M 759Scope 1 Intensity: 468.49 tCO2e/$MMACOMYear: 2023Scope 1: 21,400 tCO2eRevenue: $M 648Scope 1 Intensity: 33.00 tCO2e/$MBroadcomYear: 2024Scope 1: 53,649 tCO2eRevenue: $M 51,576Scope 1 Intensity: 1.04 tCO2e/$MCirrus LogicYear: 2025Scope 1: 325 tCO2eRevenue: $M 1,896Scope 1 Intensity: 0.17 tCO2e/$MMonolithic Power SystemsYear: 2024Scope 1: 2,197 tCO2eRevenue: $M 2,207Scope 1 Intensity: 1.00 tCO2e/$MSilicon LaboratoriesYear: 2023Scope 1: 39 tCO2eRevenue: $M 782Scope 1 Intensity: 0.05 tCO2e/$MImpinjYear: 2023Scope 1: 53 tCO2eRevenue: $M 307Scope 1 Intensity: 0.17 tCO2e/$MMicron TechnologyYear: 2023Scope 1: 2,698,572 tCO2eRevenue: $M 15,540Scope 1 Intensity: 173.65 tCO2e/$MON SemiconductorYear: 2024Scope 1: 776,500 tCO2eRevenue: $M 7,082Scope 1 Intensity: 109.64 tCO2e/$MGlobalFoundriesYear: 2023Scope 1: 957,489 tCO2eRevenue: $M 7,392Scope 1 Intensity: 129.53 tCO2e/$MSkyworks SolutionsYear: 2023Scope 1: 29,692 tCO2eRevenue: $M 4,772Scope 1 Intensity: 6.22 tCO2e/$MQorvoYear: 2024Scope 1: 107,584 tCO2eRevenue: $M 3,770Scope 1 Intensity: 28.54 tCO2e/$MAnalog DevicesYear: 2023Scope 1: 138,000 tCO2eRevenue: $M 12,305Scope 1 Intensity: 11.21 tCO2e/$MLattice SemiconductorYear: 2023Scope 1: 2,009 tCO2eRevenue: $M 737Scope 1 Intensity: 2.73 tCO2e/$MSemtechYear: 2023Scope 1: 1,725 tCO2eRevenue: $M 869Scope 1 Intensity: 1.99 tCO2e/$MIntelYear: 2023Scope 1: 845,000 tCO2eRevenue: $M 54,228Scope 1 Intensity: 15.58 tCO2e/$MSynapticsYear: 2023Scope 1: 212 tCO2eRevenue: $M 1,355Scope 1 Intensity: 0.16 tCO2e/$MQualcommYear: 2023Scope 1: 80,589 tCO2eRevenue: $M 35,821Scope 1 Intensity: 2.25 tCO2e/$MMarvell TechnologyYear: 2023Scope 1: 4,645 tCO2eRevenue: $M 5,507Scope 1 Intensity: 0.84 tCO2e/$M

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

In 2023, Marvell Technology reported a Scope 1 emissions intensity of 0.84 tCO₂e per millions USD. Compared to the peer group median of 4.99 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Marvell Technology rank on GHG emissions intensity within its industry?

In 2023, Marvell Technology ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Marvell Technology is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Marvell Technology's Total Carbon Footprint

In 2023, Marvell Technology reported a total carbon footprint of 22,090,833 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.45% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Marvell Technology's total carbon footprint was Scope 3 emissions, accounting for 99.87% of the company's total carbon footprint, followed by Scope 2 emissions at 0.11%. a

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