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In 2023, NETGEAR 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).
NETGEAR has also provided a category-level breakdown for 8 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 | ||||
Unspecified Calculation Method | 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 ofNETGEAR amounted to923metric 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 NETGEARdecreased by 42.56%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of NETGEAR were 404 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, NETGEAR's Scope 1 emissions have increased by 12.26%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2022), NETGEAR's Scope 1 emissions increased by 4.39%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, NETGEAR reported Scope 2 greenhouse gas (GHG) emissions of 519 tCOâ‚‚e without specifying the calculation method.a
Since 2019, NETGEAR's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 67.44%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2022), NETGEAR's Scope 2 emissions(Unspecified Calculation Method) fell by 57.46% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, NETGEAR reported its Scope 2 emissions using an unspecified methodology.a
In 2023, NETGEAR reported 780,896 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of NETGEAR includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, NETGEAR reported total Scope 3 emissions of 780,896 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 9.44%of these emissions originated from upstream activities such as purchased goods and capital goods, while 90.56%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, NETGEAR's Scope 3 emissionshave increased by 5,865.59%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2022), NETGEAR's Scope 3 emissions decreased by 55.38%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, NETGEAR reported emissions for 8 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 NETGEAR's Scope 3 emissions were:a
In 2023, NETGEAR reported Scope 1 greenhouse gas (GHG) emissions of 404 tCOâ‚‚e and total revenues of USD 741 millions. This translates into an emissions intensity of 0.55 tCOâ‚‚e per millions USD.a
In 2023, NETGEAR reported a Scope 1 emissions intensity of 0.55 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, NETGEAR ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
NETGEAR is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, NETGEAR reported a total carbon footprint of 781,819 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 55.37% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to NETGEAR's total carbon footprint was Scope 3 emissions, accounting for 99.88% of the company's total carbon footprint, followed by Scope 2 emissions at 0.07%.a