In 2024, Teradyne 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).
Teradyne has also provided a category-level breakdown for 6 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 | 3,517a | 3,928b | 3,927.78c | |
Total Scope 2 | ||||
Market-Based | N/A | N/A | N/A | |
Location-Based | N/A | N/A | 29,601.7c | |
Unspecified Calculation Method | 29,224a | 29,601b | N/A | |
Total Scope 3 | 231,991a | 267,773b | 3,854,136c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2472a | 1.4677b | 1.2449c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Teradyne amounted to 32,741 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 Teradyne decreased by 2.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Teradyne were 3,517 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Teradyne's Scope 1 emissions have increased by 46.36%, reflecting a rising long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2023), Teradyne's Scope 1 emissions decreased by 10.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Teradyne reported Scope 2 greenhouse gas (GHG) emissions of 29,224 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Teradyne's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Teradyne's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Teradyne reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Teradyne reported 231,991 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 Teradyne includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Teradyne reported total Scope 3 emissions of 231,991 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Teradyne's Scope 3 emissions have increased by 2,926.63%, reflecting a rising long-term trend in Scope 3 emissions over time.ae
Compared to the previous year (2023), Teradyne's Scope 3 emissions decreased by 13.36%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
In 2024, Teradyne reported emissions for 6 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 Teradyne's Scope 3 emissions were:a
In 2024, Teradyne reported Scope 1 greenhouse gas (GHG) emissions of 3,517 tCO₂e and total revenues of USD 2,820 millions. This translates into an emissions intensity of 1.25 tCO₂e per millions USD.a
In 2024, Teradyne reported a Scope 1 emissions intensity of 1.25 tCO₂e per millions USD. Compared to the peer group median of 3.02, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Teradyne ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Teradyne is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Teradyne reported a total carbon footprint of 264,732 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Teradyne's total carbon footprint was Scope 3 emissions, accounting for 87.63% of the company's total carbon footprint, followed by Scope 2 emissions at 11.04%.a