Microchip Technology Inc

Common Name
Microchip Technology
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
19,400
Ticker
MCHP
Exchange
NASDAQ/NGS
Description
Microchip Technology Incorporated is a leading global semiconductor company specializing in the development, manufacturing, and sale of smart, connected, and secure embedded control solutions. These s...

Microchip Technology's GHG Emissions Data Preview

In 2023, Microchip 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).

Microchip Technology has also provided a category-level breakdown for 7 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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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Microchip 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 Microchip Technology’s data sources below and access millions more through our Disclosure Search.

a. Microchip Technology's CDP Report sourced from company’s website 2024
a. Microchip Technology's CDP Report sourced from company’s website 2024
b. Microchip Technology's Sustainability Report 2021
b. Microchip Technology's Sustainability Report 2021

Insights into Microchip Technology's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Microchip Technology amounted to 743,821 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 Microchip Technology increased by 3.53%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Microchip Technology's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-20%-18%+17%+4%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Microchip Technology's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Microchip Technology were 439,683 metric tons of CO₂ equivalent (tCO₂e). a

Has Microchip Technology reduced its Scope 1 emissions over time?

Since 2018, Microchip Technology's Scope 1 emissions have decreased by 16.94%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Microchip Technology's Scope 1 emissions increased by 3.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Microchip Technology's Scope 2 emissions?

In 2023, Microchip Technology reported Scope 2 greenhouse gas (GHG) emissions of 274,215 tCO₂e using the market-based method and 304,138 tCO₂e using the location-based method. a

Has Microchip Technology reduced its Scope 2 emissions over time?

Since 2018, Microchip Technology's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Microchip Technology 's emissions have plateaued with no significant change in its energy consumption footprint. a

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

What methodology does Microchip Technology use for Scope 2 reporting?

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

Microchip Technology's Scope 2 Emissions Over Time

201820192020202120222023085 k170 k255 k340 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Microchip Technology's Value Chain Emissions

In 2023, Microchip Technology reported 1,082,803.18 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 Microchip Technology includes a breakdown across 7 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

Microchip Technology's Scope 3 Emissions Over Time

202120230300 k600 k900 k1.2 MtCO2e+4771%
  • Total Scope 3
  • Year-over-Year Change

What are Microchip Technology's Scope 3 emissions?

In 2023, Microchip Technology reported total Scope 3 emissions of 1,082,803.18 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.04% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Microchip Technology disclose?

In 2023, Microchip Technology 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 Microchip Technology's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 880,345.34 tCO₂e (81.3%)
  • Fuel- and Energy-Related Services (Cat. 3): 134,308.93 tCO₂e (12.4%)
  • Upstream Transportation and Distribution (Cat. 4): 35,740.8 tCO₂e (3.3%)

Microchip Technology's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(12.4%)Purchased Goods andServices (Cat. 1)(81.3%)

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

In 2023, Microchip Technology reported Scope 1 greenhouse gas (GHG) emissions of 439,683 tCO₂e and total revenues of USD 8,439 millions. This translates into an emissions intensity of 52.1 tCO₂e per millions USD. a

Microchip 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: $M 461Scope 1 Intensity: 3.76 tCO2e/$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: $M 54,228Scope 1 Intensity: 15.58 tCO2e/$MMarvell TechnologyYear: 2023Scope 1: 4,645 tCO2eRevenue: $M 5,507Scope 1 Intensity: 0.84 tCO2e/$MSynapticsYear: 2023Scope 1: 212 tCO2eRevenue: $M 1,355Scope 1 Intensity: 0.16 tCO2e/$MQualcommYear: 2023Scope 1: 80,589 tCO2eRevenue: $M 35,821Scope 1 Intensity: 2.25 tCO2e/$MMicrochip TechnologyYear: 2023Scope 1: 439,683 tCO2eRevenue: $M 8,439Scope 1 Intensity: 52.10 tCO2e/$M

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

In 2023, Microchip Technology reported a Scope 1 emissions intensity of 52.1 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 Microchip Technology rank on GHG emissions intensity within its industry?

In 2023, Microchip Technology ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Microchip Technology's Total Carbon Footprint

In 2023, Microchip Technology reported a total carbon footprint of 1,826,624.18 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 154.24% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Microchip Technology's total carbon footprint was Scope 3 emissions, accounting for 59.28% of the company's total carbon footprint, followed by Scope 1 emissions at 24.07%. a

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