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Novatek Microelectronics Corp
Novatek Microelectronics's GHG Emissions Data Preview
In 2024, Novatek Microelectronics 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).
Novatek Microelectronics 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind Novatek Microelectronics’s Greenhouse Gas (GHG) Emissions Data
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Insights into Novatek Microelectronics's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNovatek Microelectronics amounted to18,087.514metric 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 2023, the total operational greenhouse gas (GHG) emissions of Novatek Microelectronicsdecreased by 3.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Novatek Microelectronics's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Novatek Microelectronics's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Novatek Microelectronics were 376.894 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Novatek Microelectronics reduced its Scope 1 emissions over time?
Since 2019, Novatek Microelectronics's Scope 1 emissions have decreased by 20.72%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Novatek Microelectronics's Scope 1 emissions decreased by 49.75%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Novatek Microelectronics's Scope 2 emissions?
In 2024, Novatek Microelectronics reported Scope 2 greenhouse gas (GHG) emissions of 17,710.62 tCOâ‚‚e without specifying the calculation method.a
Has Novatek Microelectronics reduced its Scope 2 emissions over time?
Since 2019, Novatek Microelectronics's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 30.62%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Novatek Microelectronics's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Novatek Microelectronics's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Novatek Microelectronics use for Scope 2 reporting?
In 2024, Novatek Microelectronics reported its Scope 2 emissions using an unspecified methodology.a
Novatek Microelectronics's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Novatek Microelectronics's Value Chain Emissions
In 2024, Novatek Microelectronics reported 1,648,694.934 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 2024 disclosure of Novatek Microelectronics includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Novatek Microelectronics's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Novatek Microelectronics's Scope 3 emissions?
In 2024, Novatek Microelectronics reported total Scope 3 emissions of 1,648,694.934 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 57.41%of these emissions originated from upstream activities such as purchased goods and capital goods, while 42.59%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Novatek Microelectronics's Scope 3 emissions remained relatively stable, indicating that Novatek Microelectronics's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Novatek Microelectronics disclose?
In 2024, Novatek Microelectronics 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.
What are the main sources of Novatek Microelectronics's Scope 3 emissions?
In 2024, the largest contributors to Novatek Microelectronics's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 938,584.028 tCOâ‚‚e(56.95%)
- Use of Sold Products (Cat. 11): 701,899.841 tCOâ‚‚e(42.59%)
- Fuel- and Energy-Related Services (Cat. 3): 3,400.801 tCOâ‚‚e(0.21%)
Novatek Microelectronics's Scope 3 Emissions by Categories
Insights into Novatek Microelectronics’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Novatek Microelectronics reported Scope 1 greenhouse gas (GHG) emissions of 376.894 tCOâ‚‚e and total revenues of USD 3,138 millions. This translates into an emissions intensity of 0.12 tCOâ‚‚e per millions USD.a
Novatek Microelectronics's Scope 1 Emissions Intensity Compared to Peers
How does Novatek Microelectronics's GHG emissions intensity compare to its peers?
In 2024, Novatek Microelectronics reported a Scope 1 emissions intensity of 0.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.33, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Novatek Microelectronics rank on GHG emissions intensity within its industry?
In 2024, Novatek Microelectronics ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Novatek Microelectronics among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Novatek Microelectronics's Total Carbon Footprint
In 2024, Novatek Microelectronics reported a total carbon footprint of 1,666,782.448 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.13% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Novatek Microelectronics's total carbon footprint was Scope 3 emissions, accounting for 98.91% of the company's total carbon footprint, followed by Scope 2 emissions at 1.06%.a