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 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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions 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 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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Microchip Technology's Scope 2 emissions?

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

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 880,345.34 tCOâ‚‚e (81.3%)
  • Fuel- and Energy-Related Services (Cat. 3): 134,308.93 tCOâ‚‚e (12.4%)
  • Upstream Transportation and Distribution (Cat. 4): 35,740.8 tCOâ‚‚e (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 Total Carbon Footprint

In 2023, Microchip Technology reported a total carbon footprint of 1,826,624.18 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.