Microchip Technology Incorporated

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019, 2009

In its 2023 reporting, Microchip Technology Incorporated disclosed greenhouse gas emissions of 718.5K tCO2e (Scope 1 & 2). By scope: Scope 1: 424.4K tCO2e/year; Scope 2: 294.1K tCO2e/year. 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
718.5K tCO2e (Scope 1 & 2)
2023
⚡
Renewable Energy
16% of total energy use
of total energy
💧
Water Usage
1.7B gallons/year
2023
♻️
Waste
1.8K tons/year (residual waste)
2023
⚙️
Energy Use
1.0M MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).424.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.294.1K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023718.5K tCO2e (Scope 1 & 2)
2022706.0K tCO2e/year
2021712.9K tCO2e (Scope 1 & 2)
2019426.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption
  • Increase waste diversion to 60%

📅 Medium-term

  • 50% reduction in Scope 1 and 2 emissions by 2030
  • 40% Global electricity sourced by renewable energy by 2030
  • 80% Waste diversion from landfills by 2030

🔭 Long-term

  • Net Zero emissions by 2040
  • 100% Global electricity sourced by renewable energy by 2040
  • 100% Waste diversion from landfills by 2040

🌱 ESG Focus Areas

Climate ChangeSupply Chain ResponsibilityDiversity and InclusionEmployee Well-beingGovernance

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Accurate assessment of Scope 3 emissions due to methodology changes and supplier data collection
  • Managing climate-related risks and opportunities across short, medium, and long-term timeframes

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD
Assurance: EcoAct (limited assurance for Scope 1 and 2 emissions)