Teledyne Technologies
Teledyne Technologies issued its inaugural CSR Report in February 2022 and aims to reduce Scope 1 and Scope 2 GHG emissions by 40% from 2020 levels by 2040. The company provides environmental monitoring sensors and instrumentation used in various domains, including deep sea and outer space.
Corporate Social Responsibility Report
In February 2022, Teledyne Technologies issued its inaugural Social Responsibility (CSR) Report. This report outlines the company’s commitment to sustainable practices and highlights its efforts to reduce environmental impacts. Notably, Teledyne set an ambitious goal to decrease Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 40% from 2020 levels by the end of fiscal year 2040.
Greenhouse Gas Emission Reduction
Teledyne Technologies aims to significantly reduce its greenhouse gas emissions. In 2020, the company set a goal to lower Scope 1 and Scope 2 GHG emissions by 40% by 2040. In 2021, they made notable progress, achieving a 21% reduction in these emissions compared to the previous year. Efforts included eliminating approximately 600,000 square feet of manufacturing and office space, thereby reducing their physical footprint and energy needs.
Acquisition of FLIR Systems, Inc.
In May 2021, Teledyne Technologies acquired FLIR Systems, Inc. This acquisition broadened Teledyne’s product portfolio, especially in the field of thermal imaging and infrared camera systems. This strategic move is expected to enhance Teledyne’s capabilities in environmental monitoring and other high-tech applications.
Environmental Monitoring Instruments
Teledyne Technologies offers a range of specialty environmental monitoring sensors and instrumentation. These instruments are used in various applications, from deep-sea exploration to space missions. Autonomous underwater floats and vehicles developed by Teledyne measure ocean temperatures throughout the entire water column. Additionally, ambient air monitoring instruments provide critical data on chemical and particulate concentrations in the air.
Space-Based Sensor Technologies
Teledyne Technologies is heavily involved in space-based sensor technologies. Their imaging sensors are used in several satellite missions to monitor carbon dioxide and methane. Notable missions include NASA’s Orbiting Carbon Observatory-2, Environmental Defense Fund MethaneSat, and NASA’s Geostationary Carbon Observatory (GeoCarb). Furthermore, Teledyne’s infrared detectors are instrumental in three of the four instruments on the James Webb Space Telescope (JWST) and are exclusively designed for NASA’s Nancy Grace Roman Space Telescope.