- Severe correction in the consumer electronics industry in 2023, resulting in significantly decreased demand for integrated circuits (ICs) and excessive market inventory
- Pandemic boom busted starting in the 2nd half of 2022
- Significant competition in the semiconductor market
Parade Technologies, Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Parade Technologies, Ltd. disclosed greenhouse gas emissions of 3.4K tCO2e/year. By scope: Scope 1: 119 tCO2e/year; Scope 2: 3.3K tCO2e/year; Scope 3: Not Yet Assessed. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.4K tCO2e/year
2023
Water Usage
6.3K metric tons/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 119 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | Not Yet Assessed |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.4K tCO2e/year |
| 2021 | 3.3K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions from 3,564 tCO2e in 2022 to 3,410 tCO2e in 2023
- Promoted internal energy saving and asked suppliers to meet international environmental certification standards
🎯 Climate & Sustainability Targets
🔜 Short-term
- Introduce next generation embedded DisplayPort 1.5 timing controllers, source drivers with the SIPI interface
📅 Medium-term
- Invest in next generation SerDes, advanced timing controllers and display drivers and in integrating display and touch technologies for servers, smartphones, tablets, notebooks and automotive applications
🔭 Long-term
- Focus on developing high performance & low power SERDES, for high speed data and advanced display and touch technologies
🌱 ESG Focus Areas
Employee relations and talent cultivationCorporate governance and law complianceSupply chain managementClimate change action