Infineon aims for climate neutral operation in 2030
Infineon is aiming to be climate neutral by 2030, highlighting its position a just one of three semiconductor companies in the Dow Jones Sustainability Europe index.
Other European semiconductor companies in the index include STMicroelectronics and equipment maker ASML.
Globally, the index includes just nine semiconductor companies, with Taiwanese foundries TSMC and UMC, packaging firm ASE and WIN Semiconductors in the list last year. Vanguard Microelectronics and Nanya Technology were added last week.
“Infineon has been included for the twelfth time in a row in the group of the world’s most sustainable companies. That honours our continuous work in the interest of climate protection,” said Constanze Hufenbecher, Chief Digital Transformation Officer at Infineon.
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Infineon aims to be 100 percent climate-neutral from 2030, and has already switched its entire power consumption in Europe to generation from renewable energies in 2021. This includes the new fab at Villach.
The Dow Jones Sustainability Index is regarded as one of the most important benchmarks for sustainability and lists the world’s leading companies from 61 industries. The assessment is based on the companies’ economic, environmental and social performance.
UMC is part of the Dow Jones Sustainability Indices (DJSI)’s World Index for the 14th consecutive year and says it has achieved the highest overall score among semiconductor foundry constituents.
Of the 23 criteria, the company has the highest scores in the semiconductor sector for 12 criteria, and scored full marks for 8 criteria, including operational eco-efficiency, product stewardship, materiality, and human capital development.
“We are very pleased to be once again selected for the DJSI, marking our 14th consecutive year of inclusion. To be selected from an increasingly competitive pool is not an easy achievement, and the recognition reflects the commitment and dedication of UMC employees at all levels,” said SC Chien, UMC’s co-president and co-chair of the Environmental, Social, Governance (ESG) Steering Committee.
In June this year, the company became the first semiconductor foundry to pledge net zero emissions by 2050, and it plans to reach its target through actively reducing carbon emissions, moving towards 100 percent renewable energy usage, and investing in net-zero carbon technology. By 2025 it is aiming to achieve 15 percent water saving, 15 percent electricity saving, 25 percent waste reduction, and 65 percent reduction in fluorine-containing greenhouse gases.
UMC plans to work with its suppliers to build a low carbon supply chain, aiming to c carbon emissions by 20 percent and raising renewables to 20 percent of total power usage by 2030. More than 500 suppliers have expressed support for this initiative.
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