Synaptics
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Scope 1 Emissions:41.93 tCO2e/year
Scope 2 Emissions:1875.75 tCO2e/year
Scope 3 Emissions:179670.41 tCO2e/year (Purchased goods and services only, others not yet calculated)
Renewable Energy Share:62.1%
Total Energy Consumption:10673.09 MWh/year
Carbon Intensity:0.000002064 tCO2e per unit currency total revenue
ESG Focus Areas
- Climate Change
- Energy Efficiency
- Supplier Engagement
- Renewable Energy
Environmental Achievements
- Reduced Scope 1 and 2 (market-based) GHG emissions by approximately 35% from the previous year.
- Transitioned San Jose and Cambridge facilities to 100% renewable energy.
Social Achievements
- WIN program (Women in Network) to foster unity among women employees.
- Employee engagement in beach and city cleanups, support for various charities.
Governance Achievements
- Board-level oversight of climate-related issues through the Governance Committee.
- Chief Sustainability Officer reporting directly to the CEO.
Climate Goals & Targets
Long-term Goals:
- Net-zero GHG emissions by 2050.
Medium-term Goals:
- Develop a transition plan aligned with a 1.5°C world within two years.
Short-term Goals:
- Reduce absolute Scope 1 & 2 (market-based) GHG emissions by 15% by 2024.
- Increase renewable energy consumption to 100% by 2024.
Environmental Challenges
- Market changes in customer behavior towards energy-efficient products.
- Increased emissions reporting obligations (e.g., SEC regulations).
- Acute physical risks from severe weather events impacting suppliers.
- Emerging carbon pricing mechanisms increasing supplier costs.
Mitigation Strategies
- Investment in energy efficiency projects ($3M+ in two years).
- Engagement with suppliers on environmental metrics.
- Development of a company-specific Climate Risk Screening Tool.
- Supplier diversification to mitigate supply chain disruptions.
Supply Chain Management
Supplier Audits: 100% of suppliers surveyed on climate-related information
Responsible Procurement
- Supplier Climate Change Questionnaire
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather events impacting suppliers
Transition Risks
- Changing customer behavior
- Enhanced emissions reporting obligations
- Carbon pricing mechanisms
Opportunities
- Increased demand for energy-efficient products
Reporting Standards
Frameworks Used: TCFD
Sustainable Products & Innovation
- Low-power touch controllers, display drivers, voice solutions
- Energy-efficient PC docking products
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:212.12 tCO2e (Scope 1)
Scope 1 Emissions:212.12 tCO2e
Scope 2 Emissions:2,942 MT
Scope 3 Emissions:466,939 MT
Renewable Energy Share:51%
Total Energy Consumption:11,494.84 MWh
Water Consumption:24.46 megaliters (withdrawn)
Waste Generated:6.58 MT (hazardous)
ESG Focus Areas
- Greenhouse Gas Emissions
- Energy Management
- Water Management
- Waste Management
- Workforce Health & Safety
- Recruiting & Managing a Global & Skilled Workforce
- Product Lifecycle Management
- Materials Sourcing
- Intellectual Property Protection & Competitive Behavior
Environmental Achievements
- Reduced Scope 1 emissions by 68%
- Increased global renewable energy consumption to 51%
- Diverted 95% of non-hazardous waste from landfills
Social Achievements
- Implemented an Environmental Management System (ISO-14001 certified) and an Injury and Illness Prevention Program
- Provided mandatory training on health and safety protocols
Governance Achievements
- No anti-competition claims or losses reported
Climate Goals & Targets
Medium-term Goals:
- Achieve 100% renewable energy across global facilities by 2030
- Achieve a 95% diversion of waste to landfill across in-scope facilities by 2030
Short-term Goals:
- Establish an SBTi-validated emissions reduction target by 2026
Environmental Challenges
- Managing risks associated with the supply of critical materials
- Achieving 95% waste diversion from landfills
Mitigation Strategies
- Processes in place to manage risks related to the supply of critical materials
- Actively working to seek new materials and plan for replacements
- Policies in place to address risks related to human rights practices across the supply chain
Supply Chain Management
Responsible Procurement
- Policies in place to address risks related to human rights practices across our supply chain
Climate-Related Risks & Opportunities
Opportunities
- Developing energy-efficient technologies
Reporting Standards
Frameworks Used: SASB Semiconductors Standard
Certifications: ISO 14001
Third-party Assurance: ISOS Group Inc.
Sustainable Products & Innovation
- Audio products with deep sleep mode for minimal energy consumption