In 2024, Soitec 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).
Soitec has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,615a | 4,734a | 4,939a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 17,007a | 20,748a | 16,549a | |
Total Scope 3 | 325,545a | 293,824a | 222,835a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.3719a | 3.9875a | 5.1289a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Soitec amounted to 21,622 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 2023, the total operational greenhouse gas (GHG) emissions of Soitec decreased by 15.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Soitec were 4,615 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Soitec's Scope 1 emissions have decreased by 21.1%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Soitec's Scope 1 emissions decreased by 2.51%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Soitec reported Scope 2 greenhouse gas (GHG) emissions of 17,007 tCO₂e without specifying the calculation method.a
Since 2021, Soitec's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 11.51%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Soitec's Scope 2 emissions (Unspecified Calculation Method) fell by 18.03% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Soitec reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Soitec reported 325,545 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 2024 disclosure of Soitec includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Soitec reported total Scope 3 emissions of 325,545 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.17% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Soitec's Scope 3 emissions have increased by 118.31%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Soitec's Scope 3 emissions increased by 10.8%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Soitec reported emissions for 9 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.
In 2024, the largest contributors to Soitec's Scope 3 emissions were:a
In 2024, Soitec reported Scope 1 greenhouse gas (GHG) emissions of 4,615 tCO₂e and total revenues of USD 1,056 millions. This translates into an emissions intensity of 4.37 tCO₂e per millions USD.a
In 2024, Soitec reported a Scope 1 emissions intensity of 4.37 tCO₂e per millions USD. Compared to the peer group median of 1.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Soitec ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Soitec among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Soitec reported a total carbon footprint of 347,167 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.73% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Soitec's total carbon footprint was Scope 3 emissions, accounting for 93.77% of the company's total carbon footprint, followed by Scope 2 emissions at 4.9%.a