GlobalData offers a comprehensive analysis of Semcon, 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 Semcon’s ESG performance. GlobalData’s company profile on Semcon 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.
Semcon, a company that provides engineering and consulting services, has set a target for net zero by 2040. The company aims to halve its value chain emissions by 2030 and is focused on addressing climate-related risks and opportunities in its operations, strategy, and financial planning. In 2022, the company’s scope 1 emissions reported was 77 tCO₂e, scope 2 emissions were 254 tCO₂e and scope 3 emissions were 2,809 tCO₂e.
The sustainability report provides information on Semcon's carbon and GHG emission trends. The company's total energy consumption and emissions have decreased compared to previous years. In 2022, Semcon reported a total energy consumption of 3,408 MWh, with 276 MWh coming from non-renewable fuels and 14 MWh from renewable fuels. The company's energy intensity, measured as energy consumption in relation to net sales, has also decreased.
Semcon has taken steps to reduce its emissions and achieve its net-zero targets. The company has reviewed and updated its calculations of energy consumption, including electricity consumption in workshops and the use of district cooling. It has also included emissions related to downstream leased premises in scope 2 instead of a separate scope 3 category. Semcon has invested in sustainable services and solutions and aims to increase the number of projects that contribute to the Sustainable Development Goals (SDGs).
In conclusion, Semcon is committed to reducing its GHG emissions and has set net-zero targets. The company has taken steps to reduce its energy consumption and emissions, and it has invested in sustainable services and solutions. Semcon's efforts align with its commitment to addressing climate-related risks and opportunities.