Keysight recognizes that climate change presents significant economic, social, and environmental challenges and is committed to doing its part to help mitigate the worst impacts of the climate crisis. Accordingly, the company’s climate change strategy and goal to achieve net zero greenhouse gas (GHG) emissions in scopes 1 and 2 by the end of FY 2040 is aligned with the Paris Agreement’s preferred goal to limit global warming to 1.5 degrees Celsius. Our climate-related goals and achievements provide certainty about the company’s strategic direction in environmentally sustainable operations. We set ambitious GHG emissions reduction, energy reduction, and renewable electricity targets to prepare the company for a low-carbon future, including:
- Energy Reduction: A 10% energy reduction through efficiency by the end of FY 2030 and a 20% reduction by FY 2040 (FY 2019 baseline).
- Renewable Electricity: Achieving 55% renewable electricity by the end of FY 2030 and 100% renewable electricity by FY 2040.
- Science-Based Targets: Keysight commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY 2030 from a FY 2021 base year. Keysight also commits that 73% of its customers by emissions covering use of sold products, will have science-based targets by FY 2028.
FY 2025 Impact Highlights
Renewable Electricity
- Keysight signed the company’s first virtual power purchase agreement (VPPA) in 2024. This project is under construction and on track to achieve commercial operation in the first quarter of Keysight’s FY 2027. When complete, the project is estimated to generate renewable electricity equivalent to 100% of the company’s electricity consumption in the United States and Canada.
- Used renewable electricity generated from onsite solar systems at several of our facilities across the world, including in Bochum, Germany; Santa Rosa, California;
Telford, United Kingdom; and Penang, Malaysia. Onsite solar contributed more than 9,600 MWh of renewable electricity in FY25, which accounted for 5% of total
electricity consumption. - Purchased Environmental Attribute Credits through partnerships with local utility providers to cover 100% of electricity at the Böblingen, Germany, site and nearly 100% of the electricity used at our facilities in Spain.
Energy Reduction
- Keysight prioritizes energy reduction and implements energy and emissions reduction projects and initiatives each FY through a dedicated budget for energy efficiency improvements and a coordinated global strategy.
- In FY 2025, Keysight completed 10 energy conservation infrastructure projects worldwide, including heating, ventilation, and air conditioning (HVAC) efficiency improvements and lighting system upgrades.
- The company’s efforts in FY 2025 resulted in an estimated 6,160 MWh and over 1,740 tCO2e of annual savings.
Scope 3
- Keysight calculates all relevant indirect emissions across our value chain and maintains a strategy to address the most material categories of scope 3.
- As progress towards the company’s downstream customer engagement science-based target (SBT), Keysight continued its customer sustainability engagement program to encourage customers to join Keysight and set their own science-based targets.
- Over 15% of customers by emissions now have their own SBTs
Beyond our net zero and value chain emissions efforts, we actively work to conserve natural resources, promote healthy ecosystems, and uphold environmental responsibility.
Read the full 2025 Corporate Social Responsibility Progress Report
