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 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Microchip Technology amounted to 602,818 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).ab
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Microchip Technology decreased by 18.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Microchip Technology were 288,193 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Microchip Technology reported Scope 2 greenhouse gas (GHG) emissions of 195,632 tCO₂e using the market-based method and 314,625 tCO₂e using the location-based method.b
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
In 2024, Microchip Technology reported its Scope 2 emissions using the market-based method and using the location-based method.b
In 2024, Microchip Technology reported 702,953.51 metric tons of CO₂ equivalent (tCO₂e) 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 9 of 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
In 2024, Microchip Technology reported total Scope 3 emissions of 702,953.51 metric tons of CO₂ equivalent (tCO₂e).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
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.
In 2024, the largest contributors to Microchip Technology's Scope 3 emissions were:b
In 2024, Microchip Technology reported Scope 1 greenhouse gas (GHG) emissions of 288,193 tCO₂e and total revenues of USD 7,634 millions. This translates into an emissions intensity of 37.75 tCO₂e per millions USD.a
In 2024, Microchip Technology reported a Scope 1 emissions intensity of 37.75 tCO₂e 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
In 2024, Microchip Technology ranked 21 out of 25 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 2024, Microchip Technology reported a total carbon footprint of 1,305,771.51 metric tons of CO₂ equivalent (tCO₂e) 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