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Microchip Technology Inc
Microchip Technology's GHG Emissions Data Preview
In 2024, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified 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.
Insights into Microchip Technology's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMicrochip Technology amounted to602,818metric 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).ab
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Microchip Technologydecreased by 18.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Microchip Technology's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Microchip Technology's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Microchip Technology were 288,193 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Microchip Technology reduced its Scope 1 emissions over time?
Since 2019, Microchip Technology's Scope 1 emissions have decreased by 32.34%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Microchip Technology's Scope 1 emissions decreased by 34.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Microchip Technology's Scope 2 emissions?
In 2024, Microchip Technology reported Scope 2 greenhouse gas (GHG) emissions of 195,632 tCOâ‚‚e using the market-based method and 314,625 tCOâ‚‚e using the location-based method.b
Has Microchip Technology reduced its Scope 2 emissions over time?
Since 2019, 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.b
Compared to the previous year(2023), 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.b
What methodology does Microchip Technology use for Scope 2 reporting?
In 2024, Microchip Technology reported its Scope 2 emissions using the market-based method and using the location-based method.b
Microchip Technology's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Microchip Technology's Value Chain Emissions
In 2024, Microchip Technology reported 702,953.51 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.b
The 2024 disclosure of Microchip Technology includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chainb
Microchip Technology's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Microchip Technology's Scope 3 emissions?
In 2024, Microchip Technology reported total Scope 3 emissions of 702,953.51 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).b
Approximately 99.9%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.1%came from downstream activities like product use, distribution, and end-of-life treatment.b
Compared to the previous year (2023), Microchip Technology's Scope 3 emissions decreased by 35.08%, highlighting the company's efforts to lower indirect emissions from its value chain.b
What categories of Scope 3 emissions does Microchip Technology disclose?
In 2024, Microchip Technology reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.b
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 2024, the largest contributors to Microchip Technology's Scope 3 emissions were:b
- Purchased Goods and Services (Cat. 1): 535,319 tCOâ‚‚e(76.15%)
- Fuel- and Energy-Related Services (Cat. 3): 111,805 tCOâ‚‚e(15.91%)
- Capital Goods (Cat. 2): 30,659 tCOâ‚‚e(4.36%)
Microchip Technology's Scope 3 Emissions by Categories
Insights into Microchip Technology’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Microchip Technology reported Scope 1 greenhouse gas (GHG) emissions of 288,193 tCOâ‚‚e and total revenues of USD 7,634 millions. This translates into an emissions intensity of 37.75 tCOâ‚‚e per millions USD.a
Microchip Technology's Scope 1 Emissions Intensity Compared to Peers
How does Microchip Technology's GHG emissions intensity compare to its peers?
In 2024, Microchip Technology reported a Scope 1 emissions intensity of 37.75 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.59, 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 2024, Microchip Technology ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Microchip Technology reported a total carbon footprint of 1,305,771.51 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.51% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Microchip Technology's total carbon footprint was Scope 3 emissions, accounting for 53.83% of the company's total carbon footprint, followed by Scope 2 emissions at 24.09%.b