Client: A leading semiconductor company
Sector: Semiconductor
Location: Jiangsu Province, China
Ambition to: Set Science-Based Targets (SBTi) and develop a decarbonization roadmap for Scope 1 and 2 emissions.
Services: Scenario Modeling | Onsite Assessment | Scope 1,2 Target Setting | Decarbonization Roadmap
A leading semiconductor company in China partnered with RESET Carbon to develop a comprehensive decarbonization roadmap aligned with SBTi, enhancing data accuracy, identifying reduction opportunities, and establishing actionable plans to achieve emission targets by 2030 and 2050.
About the Company:
Established in 2017, the company is a prominent semiconductor manufacturer based in Jiangsu Province, China. Specializing in the research, development, and manufacturing of semiconductor materials and products, their offerings include polished, epitaxial, annealed, chemically etched, and SOI wafers ranging from 8 inches to 12 inches in diameter.
The Challenge:
The company aimed to align its carbon emissions with the Science-Based Targets initiative (SBTi) and the Greenhouse Gas Protocol. The primary goal was to forecast future carbon emissions, analyze existing emission reduction opportunities, and develop a long-term action plan to achieve decarbonization goals. The objective was to set clear, science-based targets and establish a forward-looking decarbonization roadmap.
Our Approach:
Our approach involved four phases as follows:
Phase 1: 2023 Scope 1 and 2 Carbon Inventory Review
- Conducted a detailed review of the company’s 2023 Scope 1 and 2 carbon inventory by collecting additional data and verifying through interviews.
- Ensured the inventory’s compliance with SBTi and Greenhouse Gas Protocol requirements.
Phase 2: Business-as-Usual (BAU) Modeling and Scenario Analysis
- Developed a BAU model to project future emissions under normal operating conditions.
- Explored various emission reduction scenarios, including moderate and aggressive approaches, to assess their impact on achieving emission targets.
Phase 3: Onsite Walkthrough and Opportunity Assessment
- Performed an onsite assessment to identify and assess Scope 1 and 2 emission reduction opportunities.
- Evaluated potential strategies such as energy efficiency improvements, fuel switching, rooftop solar photovoltaic (PV) power generation, and offsite renewable energy procurement.
Phase 4: Comprehensive Strategies and Actionable Plans
- Developed comprehensive strategies and actionable plans to reach the target by 2030 and 2050.
- Incorporated energy efficiency improvements, fuel switching, rooftop solar PV power generation, and offsite renewable energy procurement options into the decarbonization roadmap.
Key Outcomes at a Glance:
- Enhanced Data Accuracy: Improved the accuracy and reliability of the 2023 Scope 1 and 2 carbon inventory through rigorous data collection and verification.
- Scenario Modeling: Developed and analyzed various emission reduction scenarios to inform strategic decision-making.
- Reduction Opportunities: Identified and assessed emission reduction opportunities through onsite walkthroughs and evaluations, giving clarity on key areas for engagement
- Actionable Roadmap: Created a comprehensive and actionable decarbonization roadmap for the client to follow in order to achieve SBTi targets by 2030 and 2050.
Result:
The collaboration resulted in a robust decarbonization roadmap aligned with SBTi requirements. By setting clear, science-based targets and developing actionable strategies, the company is well-positioned to achieve its emission reduction goals and contribute to decarbonization efforts in the semiconductor industry.
Is your company ready to drive positive change through decarbonization? Connect with our team to begin your journey.