Monolithic Power Systems Inc

Common Name
Monolithic Power Systems
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
4,017
Ticker
MPWR
Exchange
NASDAQ/NGS
Description
Monolithic Power Systems, Inc. is a leading semiconductor company specializing in the design, development, and marketing of high-performance power electronics solutions. The company's core products in...

Monolithic Power Systems Waste Data Preview

In 2023, Monolithic Power Systems 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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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 Monolithic Power Systems’s Waste Management Data

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a. Monolithic Power Systems's Corporate Responsibility Report (CRR) 2023
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Insights into Monolithic Power Systems's Waste Treatment Practices

In 2023, Monolithic Power Systems generated a total of 738 metric tonnes of waste. a

Of this amount, 95.8% of Monolithic Power Systems's total waste generated was recovered through methods such as recycling, reuse, or composting, while 4.24% was disposed of through landfilling, incineration, or combustion. a

Monolithic Power Systems's Waste Recovery Rate

96%

How much of Monolithic Power Systems's waste is recycled or recovered?

In 2023, Monolithic Power Systems reported a total waste generation of 738 metric tonnes, of which 95.8% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Monolithic Power Systems has implemented strong circular economy practices and actively prioritizes sustainable waste management. a

Has Monolithic Power Systems reduced its environmental waste footprint over time?

Since 2021, Monolithic Power Systems's total waste generation increased by 50%, including a 30.85% 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, Monolithic Power Systems's waste recovery rate increased by 2.98%, including a 1.68% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal. a

Overall, Monolithic Power Systems has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.

Monolithic Power Systems’s Waste Recovery vs. Disposal Over Time

2021202220230200400600800tonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Monolithic Power Systems’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Monolithic Power Systems generated a total of 738 metric tonnes of waste. a

Of this amount, 0.99% of Monolithic Power Systems'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. 99.05% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Monolithic Power Systems’s Hazardous vs Non-Hazardous Waste Over Time

2021202220230200400600800tonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Monolithic Power Systems reduced the environmental impact of its waste?

Since 2021, Monolithic Power Systems's total waste generation increased by 50%, including a 30.85% 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

Over the same period, Monolithic Power Systems reduced the share of hazardous waste by 33.33%, then maintained stable levels in 2023, potentially marking the consolidation of earlier progress in eliminating high-risk materials from its waste stream. a

Overall, Monolithic Power Systems's growing waste output continues to pressure the environment, though past reductions in hazardousness have held steady, suggesting a neutralizing effect that should be actively monitored. a

How does Monolithic Power Systems treat its hazardous waste?

In 2023, Monolithic Power Systems reported that 7 metric tonnes of its total waste output were classified as hazardous. This represents 0.99% of its overall waste generation. a

The company treated this hazardous waste using a combination of methods. A majority ( 82.19%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Monolithic Power Systems has established processes to reduce the environmental burden of its most harmful waste streams. a

Breakdown of Monolithic Power Systems's Hazardous and Non-Hazardous Waste by Treatment Method

Non-Hazardous WasteDisposed(4.1%)Non-Hazardous WasteRecovered(94.9%)
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