In 2023, RichWave Technology 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).
However, RichWave Technology has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 29.036a | 26.995a | 27b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 555.796a | 580.938a | 593.6b | |
Total Scope 3 | 218.971a | 141.983a | 140.4b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.2984a | 0.2419a | 0.1408b |
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In 2023, the total operational greenhouse gas (GHG) emissions of RichWave Technology amounted to 584.832 metric 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 RichWave Technology decreased by 3.8%, 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 RichWave Technology were 29.036 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, RichWave Technology's Scope 1 emissions have increased by 7.54%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), RichWave Technology's Scope 1 emissions increased by 7.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, RichWave Technology reported Scope 2 greenhouse gas (GHG) emissions of 555.796 tCO₂e without specifying the calculation method.a
Since 2021, RichWave Technology's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that RichWave Technology's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2022), RichWave Technology's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that RichWave Technology's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, RichWave Technology reported its Scope 2 emissions using an unspecified methodology.a
In 2023, RichWave Technology reported 218.971 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of RichWave Technology includes a breakdown across 0 of 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, RichWave Technology reported total Scope 3 emissions of 218.971 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, RichWave Technology's Scope 3 emissions have increased by 55.96%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), RichWave Technology's Scope 3 emissions increased by 54.22%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, RichWave Technology reported Scope 1 greenhouse gas (GHG) emissions of 29.036 tCO₂e and total revenues of USD 97 millions. This translates into an emissions intensity of 0.3 tCO₂e per millions USD.a
In 2023, RichWave Technology reported a Scope 1 emissions intensity of 0.3 tCO₂e 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
In 2023, RichWave Technology ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
RichWave Technology is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, RichWave Technology reported a total carbon footprint of 803.803 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to RichWave Technology's total carbon footprint was Scope 2 emissions, accounting for 69.15% of the company's total carbon footprint, followed by Scope 3 emissions at 27.24%.a