Semtech Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: FY2024🗂️ Report periods on file: FY2024

In its FY2024 reporting, Semtech Corporation disclosed greenhouse gas emissions of 15.2K tCO2e (Scope 1 & 2 combined). By scope: Scope 1: 1.7K tCO2e; Scope 2: 13.5K tCO2e. 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
15.2K tCO2e (Scope 1 & 2 combined)
FY2024
⚡
Renewable Energy
~18% (across owned operations)
of total energy
💧
Water Usage
48.9K m³
FY2024
♻️
Waste
33 tons (Non-hazardous and hazardous combined)
FY2024
⚙️
Energy Use
11.2K MWh
FY2024

📊 Emissions by Scope (FY2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.7K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.13.5K tCO2e

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 2 emissions by 90% by 2029 by offsetting emissions using RECs at a rate of 15% annually starting in 2024.
  • Conduct lifecycle assessments to understand the carbon footprint of products.

📅 Medium-term

  • Reduce Scope 2 emissions by 90% by 2029
  • Set a water reduction/recycling target for Semtech-owned facilities.

🔭 Long-term

  • Carbon neutral by 2035.

🌱 ESG Focus Areas

Products for social and environmental goodBuild a sustainable supply chainReduce our operating impact on the environmentDevelop a thriving workplace

⚠️ Challenges & Risks +

  • Tight timelines for CSRD compliance.
  • Data availability challenges.
  • Technological investments needed.
  • Market impacts from inflation, regional conflict, and recession threats.

📋 Report Information

Reporting Period: FY2024
Frameworks: GRI, UN SDGs, RBA Code of Conduct