GlobalData offers a comprehensive analysis of Veeco, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Veeco’s ESG performance. GlobalData’s company profile on Veeco offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Veeco, a leading provider of advanced semiconductor equipment, is committed to reducing its GHG emissions. In terms of carbon and greenhouse gas (GHG) emissions, the company has been actively monitoring and reporting its emissions data. In 2022, the company reported emissions of 2,281 mtCO2e for scope 1 and 8,316 mtCO2e for scope 2 (market-based), totaling 10,597 mtCO2e. Additionally, scope 3 emissions attributed to business travel amounted to 1,112 mtCO2e. The greenhouse gas (GHG) emissions intensity reported stood at 16.4 tCO2e/US$ million.
Veeco has made efforts to improve its emissions calculations and methodology to ensure accuracy and alignment with best practices. To reduce its emissions, the company has implemented various measures. Veeco has invested in energy management in manufacturing, with 26% of its energy consumption coming from renewable sources. The company has also made progress in waste management, with a recycling rate of 56% for hazardous waste.
In conclusion, Veeco is actively working towards reducing its GHG emissions. With its commitment to sustainability and ongoing efforts, the company is positioning itself as a leader in environmental responsibility within the semiconductor industry.
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