SiTime Corporation is a leading provider of silicon-based MEMS timing solutions that disrupt the traditional quartz timing industry. The company designs, develops, and sells precision silicon timing s... SiTime Corporation is a leading provider of silicon-based MEMS timing solutions that disrupt the traditional quartz timing industry. The company designs, develops, and sells precision silicon timing systems, including resonators, clock integrated circuits, oscillators, Stratum 3E DCOCXOs, programmable OCXOs, MHz oscillators, precision MHz Super-TCXOs, and ruggedized oscillators. These configurable products offer superior performance, smaller size, lower power consumption, and enhanced reliability compared to legacy quartz devices, enabling customers to differentiate in competitive markets. SiTime Corporation serves diverse sectors such as communications, datacenters, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace & defense, with sales in regions including the United States, Taiwan, Hong Kong, and Singapore. Founded in 2003 and headquartered in Santa Clara, California, the company employs around 395 people and has shipped over 3 billion devices across more than 300 applications, underscoring its significant role in advancing electronic timing technology.
In 2024, SIT was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
SIT has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of SIT are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Turnover
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b
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c
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Total Taxonomy Eligible A Turnover
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b
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c
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Total Taxonomy Non-Eligible B Turnover
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a
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b
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c
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1.1 WTR - Manufacture, installation and associated services for leakage control technologies enabling leakage reduction and prevention in water supply systems
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b
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3.1 CCM/CCA - Manufacture of renewable energy technologies
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b
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3.1 CCM/CCA - Manufacture of renewable energy technologies, 3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen, 3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings, 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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c
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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b
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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b
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0000000
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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c
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Total Taxonomy Eligible A Opex
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c
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Total Taxonomy Non-Eligible B Opex
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b
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c
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1.1 WTR - Manufacture, installation and associated services for leakage control technologies enabling leakage reduction and prevention in water supply systems
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b
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0000000
3.1 CCM/CCA - Manufacture of renewable energy technologies
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b
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0000000
3.1 CCM/CCA - Manufacture of renewable energy technologies, 3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen, 3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings, 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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c
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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b
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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b
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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b
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0000000
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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c
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Total Taxonomy Eligible A Capex
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c
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Total Taxonomy Non-Eligible B Capex
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b
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c
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1.1 WTR - Manufacture, installation and associated services for leakage control technologies enabling leakage reduction and prevention in water supply systems
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Copy/Paste is a PRO feature.
b
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0000000
3.1 CCM/CCA - Manufacture of renewable energy technologies
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b
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0000000
3.1 CCM/CCA - Manufacture of renewable energy technologies, 3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen, 3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings, 4.1 CCM/CCA - Electricity generation using solar photovoltaic technology, 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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c
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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b
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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b
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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b
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0000000
Limited Data Preview
You are viewing a limited preview of SIT’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind SIT’s EU Taxonomy Data
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a. SIT's Financial Report 2024
b. SIT's Sustainability Report 2023
c. SIT's Sustainability Report 2022
Insights into SIT's Revenues from Sustainable Activities
In 2024, SIT reported EU Taxonomy-eligible revenues of EUR 28.90 million, representing 10% of its total turnover. Of this amount, EUR 0 of SIT's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
SIT's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have SIT's revenues become more sustainable over time?
Since 2022, SIT's taxonomy-aligned revenues decreased by 100%, indicating a long-term decline in environmentally sustainable revenue performance.a, c
Compared to the previous year (2023), SIT's taxonomy-aligned revenues decreased by 100%, suggesting that SIT may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
Insights into SIT's CAPEX from Sustainable Activities
In 2024, SIT reported EU Taxonomy-eligible CAPEX of EUR 2.70 million,representing 16% of its total CAPEX. Of this amount, EUR 0 of SIT's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
SIT's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have SIT's increased its investment in sustainable activities over time?
Since 2022, SIT's taxonomy-aligned capital expenditure (CAPEX)decreased by 100%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, c
Compared to the previous year (2023), SIT's taxonomy-aligned CAPEX decreased by 100%,suggesting that SIT may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
Insights into SIT's OPEX from Sustainable Activities
In 2024, SIT reported EU Taxonomy-eligible OPEX of EUR 1.40 million,representing 13% of its total operating expenses (OPEX). Of this amount, EUR 0 of SIT's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
SIT's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have SIT's increased its spending in sustainable activities over time?
Since 2022, SIT's taxonomy-aligned operating expenditure (OPEX)decreased by 100%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, c
Compared to the previous year (2023), SIT's taxonomy-aligned OPEX decreased by 100%, suggesting that SIT may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
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b