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 Waste Data Preview

In 2023, Microchip Technology conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Microchip Technology’s Waste Management Data

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a. Microchip Technology's Sustainability Report 2023
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Insights into Microchip Technology's Waste Treatment Practices

In 2023, Microchip Technology generated a total of 7,103 metric tonnes of waste. a

Of this amount, 75.36% of Microchip Technology's total waste generated was recovered through methods such as recycling, reuse, or composting, while 24.64% was disposed of through landfilling, incineration, or combustion. a

Microchip Technology's Waste Recovery Rate

75%

How much of Microchip Technology's waste is recycled or recovered?

In 2023, Microchip Technology reported a total waste generation of 7,103 metric tonnes, of which 75.36% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Microchip Technology has implemented strong circular economy practices and actively prioritizes sustainable waste management. a

Has Microchip Technology reduced its environmental waste footprint over time?

Since 2018, Microchip Technology's total waste generation increased by 86.47%, including a 6.95% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices. a

Over the same period, Microchip Technology's waste recovery rate increased by 79.86%, while holding steady in 2023, suggesting past gains in recovery performance have stabilized. a

Overall, Microchip Technology’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Microchip Technology’s Waste Recovery vs. Disposal Over Time

20182019202020212022202302 k4 k6 k8 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Microchip Technology’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Microchip Technology generated a total of 7,103 metric tonnes of waste. a

Of this amount, 9.81% of Microchip Technology's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 90.19% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Microchip Technology’s Hazardous vs Non-Hazardous Waste Over Time

202302 k4 k6 k8 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Microchip Technology reduced the environmental impact of its waste?

Since 2018, Microchip Technology's total waste generation increased by 86.47%, including a 6.95% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems. a

a

Overall, Microchip Technology's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

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