Veeco
Veeco Instruments Inc., commonly known as Veeco, is a leading provider of advanced manufacturing equipment headquartered in the United States. Founded in 1945, the company has established a strong presence in key operational regions, including Asia and Europe, focusing on the semiconductor, LED, and data storage industries. Veeco is renowned for its innovative solutions in molecular beam epitaxy (MBE), atomic layer deposition (ALD), and other precision manufacturing technologies. These core products are distinguished by their ability to enhance performance and efficiency in high-tech applications. With a commitment to excellence, Veeco has achieved significant milestones, positioning itself as a trusted partner for global manufacturers. The company’s dedication to research and development has solidified its market position, making it a pivotal player in the advancement of next-generation technologies.
DitchCarbon Score
How does Veeco's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Veeco's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veeco's reported carbon emissions
In 2023, Veeco Instruments Inc. reported total greenhouse gas emissions of approximately 18,030,000 kg CO2e for Scope 1, 7,517,000 kg CO2e for Scope 2, and 13,437,000 kg CO2e for Scope 3 emissions, resulting in a combined total of about 9,320,000 kg CO2e for Scope 1 and 2 emissions. This reflects a significant commitment to transparency in their emissions reporting, with data disclosed across all three scopes. In 2022, Veeco's emissions were approximately 2,339,000 kg CO2e for Scope 1, 8,132,000 kg CO2e for Scope 2, and 3,336,000 kg CO2e for Scope 3, leading to a total of about 10,472,000 kg CO2e for Scope 1 and 2. The company has shown a slight increase in emissions from 2021, where Scope 1 and 2 emissions totalled around 10,000,000 kg CO2e, indicating a need for ongoing evaluation of their emissions reduction strategies. Despite the lack of specific reduction targets or initiatives outlined in their current commitments, Veeco is actively engaged in emissions reporting and has inherited data from its parent company, Veeco Instruments Inc., without cascading any specific targets from other corporate family members. The company continues to monitor its emissions and is positioned to enhance its climate commitments in the future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,160,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,620,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Veeco is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
