ON Semiconductor Corp
ON Semiconductor's Climate Target Data Preview
As of 2024, ON Semiconductor has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 ON Semiconductor's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2034 |
Absolute-based Target | Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2034 |
Verified Sources Behind ON Semiconductor’s Climate Targets Data
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Insights into ON Semiconductor's Greenhouse Gas Emissions Pathways
As of 2024, ON Semiconductor has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does ON Semiconductor have a target to reduce the emissions from its operations?
As of 2024, ON Semiconductor has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
ON Semiconductor's most ambitious operational target is to reduce these emissions by 58.8% by 2034, compared to a baseline of 1,728,300 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a
As of 2024, ON Semiconductor is ahead of schedule on its operational emissions reduction target, having achieved 25.68% of the planned reduction.a
ON Semiconductor's Operational (Scope 1+2) Emissions Pathway
Does ON Semiconductor have a target to reduce the emissions from its value chain?
As of 2024, ON Semiconductor has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
ON Semiconductor's most ambitious value chain target is to reduce these emissions by 35% by 2034, compared to a baseline of 222,300 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a
Instead of reducing value chain emissions, ON Semiconductor has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.a