Microchip Technology Inc

Common Name
Microchip Technology
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
22,300
Ticker
MCHP
Exchange
NASDAQ/NGS
Description
Microchip Technology Inc. is a leading provider of microcontroller and analog semiconductors. The company's primary function is to design and manufacture embedded control solutions that include memory...

Microchip Technology's Climate Target Data Preview

As of 2023, Microchip Technology has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Microchip Technology ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Microchip Technology's Greenhouse Gas Emissions Pathways

As of 2023, Microchip Technology has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Microchip Technology have a target to reduce the emissions from its operations?

As of 2023, Microchip Technology has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Microchip Technology's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 3,147,045 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Microchip Technology is lagging behind on its operational emissions reduction target, having achieved 38.3% of the planned reduction.

Microchip Technology's Operational (Scope 1+2) Emissions Pathway

2018202320300800 k1.6 M2.4 M3.2 MBaselineCurrent (-19%)Target 2030 (-50%)
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