Tower Semiconductor Ltd

Common Name
Tower Semiconductor
Country
Israel
Sector
Technology
Industry
Semiconductors
Employees
5,613
Ticker
TSEM
Exchange
NASDAQ/NGS
Description
Tower Semiconductor Ltd. is a leading global provider of outsourced semiconductor manufacturing services. As a key player in the semiconductor industry, Tower Semiconductor's primary function is produ...

Tower Semiconductor Energy Data Preview

In 2023, Tower Semiconductor disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Tower Semiconductor also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Tower Semiconductor also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Tower Semiconductor did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Tower Semiconductor’s Energy Management Data

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a. Tower Semiconductor's ESG Report 2023
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Insights into Tower Semiconductor's Energy Renewability

In 2023, Tower Semiconductor consumed a total of 2.27 million Gigajoules of energy across its operations. Of this total, 17.86% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 82.14% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Tower Semiconductor's Energy Renewability Rate

18%

How much of Tower Semiconductor's energy consumed is renewable?

In 2023, Tower Semiconductor consumed a total of 2.27 million Gigajoules of energy, of which 17.86% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Tower Semiconductor has considerable room to improve its energy sustainability strategy.

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