Soitec SA
Soitec's Climate Target Data Preview
As of 2024, Soitec has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based 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 Soitec'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 | 2026 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added | Copy/Paste is a PRO feature.  a | 2026 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added | 0000000 | 2030 |
Verified Sources Behind Soitec’s Climate Targets Data
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Insights into Soitec's Greenhouse Gas Emissions Pathways
As of 2024, Soitec 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 Soitec have a target to reduce the emissions from its operations?
As of 2024, Soitec has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Soitec's most ambitious operational target is to reduce these emissions by 37% by 2030, compared to a baseline of 21,101 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Instead of reducing operational emissions, Soitec has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a
Soitec's Operational (Scope 1+2) Emissions Pathway
Does Soitec have a target to reduce the emissions from its value chain?
As of 2024, Soitec 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
Soitec's most ambitious value chain target is to reduce these emissions by 50.9% by 2030, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added in 2020.a
As of 2023, Soitec is lagging behind on its value chain emissions reduction target, having achieved 25.54% of the planned reduction.a