GlobalData offers a comprehensive analysis of Benchmark Electronics, 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 Benchmark Electronics‘s ESG performance. GlobalData’s company profile on Benchmark Electronics 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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Benchmark Electronics, a global electronics manufacturing company, is committed to reducing its green house (GHG) emissions as part of its sustainability and environmental, social, and governance (ESG) initiatives. In 2022, the company reported absolute greenhouse gas (GHG) emissions, encompassing Scope 1 and 2 emissions, with a total of 74,505 tons of carbon dioxide equivalent (tCO2e). The emissions intensity for both Scope 1 and 2 stood at 0.026 tCO2e per thousand dollars of revenue. The breakdown of emissions for the respective scopes was 69,803.21 tCO2e for Scope 1 and 4,702.14 tCO2e for Scope 2 (market-based). The company is dedicated to achieving a 15% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2025, measured against a base year of 2021.
Benchmark Electronics has taken steps to reduce its emissions has implemented sustainability and ESG initiatives, invested in renewable energy, and enhanced cross-functional collaboration to operationalize these initiatives. Additionally, the company implemented rooftop solar panels at its production facilities located in Korat, Thailand. This installation has the capacity to produce up to 160 kilowatts of alternating current (AC) electricity, constituting 2% of the company's total annual energy consumption. Benchmark Electronics also aims to engage its suppliers on sustainability and ESG practices.
In conclusion, Benchmark Electronics is proactively addressing its carbon and greenhouse gas emissions through its emission reduction plans. Benchmark Electronics has taken steps to reduce emissions, including implementing sustainability initiatives, investing in renewable energy, and enhancing collaboration demonstrate its dedication to mitigating climate-related risks and contributing to a more sustainable future.
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