Novatek Microelectronics Corp

Common Name
Novatek Microelectronics
Country
Taiwan
Sector
Technology
Industry
Semiconductors
Employees
N/A
Ticker
3034
Exchange
TAIWAN STOCK EXCHANGE
Description
Novatek Microelectronics Corp. is a prominent player in the semiconductor industry, primarily focused on the design, development, and distribution of high-performance integrated circuits. Specializing...

Novatek Microelectronics's Climate Target Data Preview

As of 2023, Novatek Microelectronics has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Novatek Microelectronics ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

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Insights into Novatek Microelectronics's Greenhouse Gas Emissions Pathways

As of 2023, Novatek Microelectronics has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Novatek Microelectronics have a target to reduce the emissions from its operations?

As of 2023, Novatek Microelectronics has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Novatek Microelectronics's most ambitious operational target is to reduce these emissions by 20% by 2030, compared to a baseline of 18,570.17 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, Novatek Microelectronics is on track to meet its operational emissions reduction target, having achieved 4.8% of the planned reduction.

Novatek Microelectronics's Operational (Scope 1+2) Emissions Pathway

20222023203005 k10 k15 k20 kCurrent (-1%)Target 2030 (-20%)
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