Intel Corp.

"Intel Corp., a company based in the USA, has set a net zero target for 2040. Net Zero Tracker
This target specifically covers Scope 1 and Scope 2 greenhouse gas (GHG) emissions, including carbon dioxide and other GHGs. Net Zero Tracker
The company has not specified if Scope 3 emissions are included in its target. Net Zero Tracker
Intel's environmental policy includes a commitment to achieve net positive water, 100% renewable electricity, and zero waste to landfill by 2030. Net Zero Tracker
An interesting fact about their policy is that they plan to start reporting progress towards both their 2030 …"

Current Score (vs. LY)

50.5 pts (7.3)

Last Update: Dec. 12, 2023

Current Rankings

Global: #71

S&P100: #49

Information Technology: #13

85.0%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

50.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

16.7%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 2,181,0001,973,0001,580,000
Scope 2 - location-based 3,820,0003,700,0000
Scope 2 - market-based 1,093,000909,0001,300,000
Scope 1-2 - location-based 6,001,0005,673,0001,580,000
Scope 1-2 - market-based 3,274,000 2,882,000 2,880,000
Scope 3 28,863,00011,055,0000
Total - location-based 34,864,00016,728,0001,580,000
Total - market-based 32,137,000 13,842,000 2,880,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 25,642,08932,137,000
Methodology Previous year intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Intel Corp. belongs to the sector Information Technology.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 10.0 2019 2030

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2MKT NO 2040

Science-based Targets (SBTI)

Date Published / Updated :01/06/2019

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 No target No
Intel Corp. is a member of the Business Ambition for 1.5 campaign (link here )

Energy and carbon management company Carbon Intelligence commits to maintain zero absolute Scope 1 and 2 GHG emissions by not consuming fuels and continuing to use electricity from renewable sources through 2030. Carbon Intelligence commits to reduce Scope 3 GHG emissions from purchased goods and services by 65% per million GBP (British pounds) added value and by 40% from business travel per passenger-km by 2030 from a 2017 base year. Carbon Intelligence commits that 30% of its suppliers by spend covering purchased goods & services will set science-based Scope 1 and 2 targets by 2030.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Intel by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • Other conditions
Plans for carbon dioxide removal (CDR) Yes (unspecified)

Additional notes: (page 71, 2022-23 CSR Report) "We seek to reduce our absolute emissions to reach our net-zero commitment by 2040, and only purchase carbon offsets or removal credits after feasible reduction options have been exhausted." (Pg. 23, 2021-22 CSR Report) "In 2021, we launched the 2030 RISE Employee Engagement Champion Network, with a goal to sign on a minimum of 90 Intel employees with either a corporate responsibility function or role or as volunteers. We surpassed this goal by over 40%. We launched a sustainability training program with our external training provider, EARTH51, with great feedback on tools and learnings that empower employees to take sustainability actions on their own. Employees on the network achieved over 40,000 tons of carbon offsets on the program which went into direct projects in developing countries."

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 7.5 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 25.5 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 6.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 1.666666666666667 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 2.3145320029864926 10.0 2.3
7 Targets are science-based as validated by SBTi 10.0 10.0 10.0
Commitments 19.98119866965316 40.0 12.3
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -5.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 5.0 10.0 0.0
Results 5.0 30.0 -5.0
Total 50.5 100.0 7.3


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 10.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2040 1.7 / 5.0 1.7 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 2.3
2.3 / 5.0 0.0 2.3 1.3
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 0.0 10.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 1.8
Actual (in %): -13.7
0.0 / 5.0 5.0 -5.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 2.3
Actual (in %): -13.6
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 2.1°C 5.0 / 10.0 5.0 0.0 5.0
Total 50.5 / 100.0 43.2 7.3 36.8


Available Data Sources

Reporting Year 2021 2021 2020 2020 2019 2019 2019 2018
Source Yourstake Public CDP Public Public CDP Wikirate Public
Publication Year 2023 2022 2021 2021 2021 2020 unknown 2021
Scope 1 2,181,000 2,181,000 1,973,000 1,973,000 1,580,000 1,489,000 1,489,000 1,460,000
Scope 2 - location-based 3,820,000 1,093,000 3,700,000 3,700,000 0 3,345,000 1,299,000 0
Scope 2 - market-based 1,093,000 NA 909,000 909,000 1,300,000 1,299,000 NA 1,120,000
Scope 1-2 - location-based 6,001,000 3,274,000 5,673,000 5,673,000 1,580,000 4,834,000 2,788,000 1,460,000
Scope 1-2 - market-based 3,274,000 NA 2,882,000 2,882,000 2,880,000 2,788,000 NA 2,580,000
Scope 3 28,863,000 28,863,000 11,055,000 29,677,000 0 9,739,000 20,342,000 0
Total - location-based 34,864,000 32,137,000 16,728,000 35,350,000 1,580,000 14,573,000 23,130,000 1,460,000
Total - market-based 32,137,000 NA 13,842,000 32,559,000 2,880,000 12,412,000 NA 2,580,000

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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