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) | 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 |
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 |
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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
In 2023, the total Scope 1 emissions of Microchip Technology were 439,683 metric tons of CO₂ equivalent (tCO₂e). a
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
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
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
In 2023, Microchip Technology reported its Scope 2 emissions using the market-based method and using the location-based method. a
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
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
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.
In 2023, the largest contributors to Microchip Technology's Scope 3 emissions were: a
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
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
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
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