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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
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
In 2023, the total Scope 1 emissions of Marvell Technology were 4,645 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2023, Marvell Technology reported Scope 2 greenhouse gas (GHG) emissions of 23,686 tCO₂e using the market-based method. a
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
In 2023, Marvell Technology reported its Scope 2 emissions using the market-based method. a
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
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
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
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.
In 2023, the largest contributors to Marvell Technology's Scope 3 emissions were: a
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
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
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
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