Wolfspeed Inc
Wolfspeed's GHG Emissions Data Preview
In 2023, Wolfspeed 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).
Wolfspeed has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Wolfspeed’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Wolfspeed’s data sources below and access millions more through our Disclosure Search.
Insights into Wolfspeed's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Wolfspeed amounted to 487,267 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 2022, the total operational greenhouse gas (GHG) emissions of Wolfspeed increased by 16.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Wolfspeed's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Wolfspeed's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Wolfspeed were 355,348 metric tons of CO₂ equivalent (tCO₂e). a
Has Wolfspeed reduced its Scope 1 emissions over time?
Since 2018, Wolfspeed's Scope 1 emissions have increased by 40.23%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Wolfspeed's Scope 1 emissions increased by 14.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Wolfspeed's Scope 2 emissions?
In 2023, Wolfspeed reported Scope 2 greenhouse gas (GHG) emissions of 113,683 tCO₂e using the market-based method and 131,919 tCO₂e using the location-based method. a
Has Wolfspeed reduced its Scope 2 emissions over time?
Since 2018, Wolfspeed's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 21.12%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Wolfspeed's Scope 2 emissions (Location-Based) rose by 19.47% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Wolfspeed use for Scope 2 reporting?
In 2023, Wolfspeed reported its Scope 2 emissions using the market-based method and using the location-based method. a
Wolfspeed's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Wolfspeed's Value Chain Emissions
In 2023, Wolfspeed reported 307,915,772 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 2023 disclosure of Wolfspeed includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Wolfspeed's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Wolfspeed's Scope 3 emissions?
In 2023, Wolfspeed reported total Scope 3 emissions of 307,915,772 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.41% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Wolfspeed reduced its Scope 3 emissions over time?
Since 2018, Wolfspeed's Scope 3 emissions have increased by 47.63%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Wolfspeed's Scope 3 emissions remained relatively stable, indicating that Wolfspeed 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Wolfspeed disclose?
In 2023, Wolfspeed reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Wolfspeed's Scope 3 emissions?
In 2023, the largest contributors to Wolfspeed's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 306,000,000 tCO₂e (99.4%)
- Purchased Goods and Services (Cat. 1): 1,425,413 tCO₂e (0.46%)
- Capital Goods (Cat. 2): 331,812 tCO₂e (0.11%)
Wolfspeed's Scope 3 Emissions by Categories
Insights into Wolfspeed’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Wolfspeed reported Scope 1 greenhouse gas (GHG) emissions of 355,348 tCO₂e and total revenues of USD 759 millions. This translates into an emissions intensity of 468.49 tCO₂e per millions USD. a
Wolfspeed's Scope 1 Emissions Intensity Compared to Peers
How does Wolfspeed's GHG emissions intensity compare to its peers?
In 2023, Wolfspeed reported a Scope 1 emissions intensity of 468.49 tCO₂e per millions USD. Compared to the peer group median of 3.24 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Wolfspeed rank on GHG emissions intensity within its industry?
In 2023, Wolfspeed ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Wolfspeed among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Wolfspeed's Total Carbon Footprint
In 2023, Wolfspeed reported a total carbon footprint of 308,403,039 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.34% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Wolfspeed's total carbon footprint was Scope 3 emissions, accounting for 99.84% of the company's total carbon footprint, followed by Scope 1 emissions at 0.12%. a