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Infineon commits to science based targets for sustainable manufacturing

Infineon commits to science based targets for sustainable manufacturing

Business news |
By Nick Flaherty



Infineon Technologies is to set a science-based target for the most difficult ‘scope 3’ emissions from the semiconductor supply chain.

Infineon says it is on track towards direct and indirect neutral CO2 emission by 2030 for the Scope 1 and 2 targets. Having already reduced these emissions by 56.8 percent compared to 2019,  the more ambitious targets by involving the supply chain  in Scope 3.

“Decarbonization is a guiding principle for Infineon. We have made great progress. With our commitment to set a science-based target, we are taking the next important step, adhering to the widely respected global standard for tackling climate change”, said Elke Reichart, the newly appointed Chief Digital Transformation Officer and responsible for Sustainability at Infineon.

“We are actively inviting our suppliers to join us on our journey by setting their own carbon reduction targets. To truly address climate change, collaboration across the entire value chain, transparent and comprehensive data as well as global standards are foundational.”

 The main drivers for lowering emissions are energy efficiency measures and switching its operations to renewable energy, which makes proportionally the largest contribution. In 2023 t, Infineon reaches another key milestone in this respect. The two largest manufacturing sites in Asia – Kulim and Melaka in Malaysia – have now transitioned to green electricity, following the switch to renewables at its European and North American sites in 2021 and 2022 respectively.

The Science Based Targets initiative (SBTi) serves as a benchmark for ambitious climate action in the private sector. The initiative provides a clearly defined pathway for companies to reduce greenhouse gas (GHG) emissions.

Targets are considered ‘science-based’ if they are in line with the latest climate science in order to meet the goals of the Paris Agreement – limiting global warming to well below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C.

To include Scope 3, Infineon is working closely together with supply chain partners and is putting special emphasis on further improvements in data availability and accuracy. Imec in Belgium for example has a research project looking at the data available in the semiconductor supply chain for scope 3 and semiconductor trade organisation Semi has set up a sustainability consortium to address the issues.

www.infineon.com

 

 

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