Wolfspeed Inc

Common Name
Wolfspeed
Country
United States
Sector
Technology
Industry
Semiconductors
Employees
5,013
Ticker
WOLF
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Wolfspeed Inc. is a leading innovator in the production of silicon carbide materials and devices, vital components in the power and radio frequency (RF) markets. With its roots in advanced semiconduct...

Wolfspeed Waste Data Preview

In 2023, Wolfspeed conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Wolfspeed's Waste Treatment Practices

In 2023, Wolfspeed generated a total of 6,944 metric tonnes of waste.

Of this amount, 30.12% of Wolfspeed's total waste generated was recovered through methods such as recycling, reuse, or composting, while 69.99% was disposed of through landfilling, incineration, or combustion.

Wolfspeed's Waste Recovery Rate

30%

How much of Wolfspeed's waste is recycled or recovered?

In 2023, Wolfspeed reported a total waste generation of 6,944 metric tonnes, of which 30.12% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Wolfspeed is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Wolfspeed reduced its environmental waste footprint over time?

Since 2019, Wolfspeed's total waste generation increased by 25.76%, but declined by 11.26% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.

Over the same period, Wolfspeed's waste recovery rate declined by 37.46%, yet improved by 46.12% in 2023, pointing to a recent rebound or renewed focus on better waste treatment outcomes.

Overall, Wolfspeed’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Wolfspeed’s Waste Recovery vs. Disposal Over Time

2019202020212022202302 k4 k6 k8 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Wolfspeed’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Wolfspeed generated a total of 6,944 metric tonnes of waste.

Of this amount, 38.27% of Wolfspeed's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 61.73% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Wolfspeed’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202302 k4 k6 k8 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Wolfspeed reduced the environmental impact of its waste?

Since 2019, Wolfspeed's total waste generation increased by 25.76%, including a 11.26% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, the share of hazardous waste in Wolfspeed's total output increased by 22.73%, including a further 31.79% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, while Wolfspeed has recently reduced waste output, its hazardous waste share continues to rise, raising concerns about treatment efficiency or growing reliance on harmful materials despite short-term volume improvements.

How does Wolfspeed treat its hazardous waste?

In 2023, Wolfspeed reported that 2,657 metric tonnes of its total waste output were classified as hazardous. This represents 38.27% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. Approximately 32.49% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials.

Breakdown of Wolfspeed's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(25.9%)Hazardous WasteRecovered(12.4%)Non-Hazardous WasteDisposed(44.0%)Non-Hazardous WasteRecovered(17.7%)
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