Partnering With SEMI To Address the Environmental Challenges Facing the Semiconductor Industry

December 22, 2023 01:00 AM AEDT | By 3BL

Google News:

Partnering With SEMI To Address the Environmental Challenges Facing the Semiconductor Industry — Image source: Kalkine Media

Recent News

Oil in biggest gain since 2022 as Israel hits Iran, but Citi warns gai...

AEG Celebrates the LGBTQIA + Community at the 2025 LA Pride Parade

What happens if AI can do everything better than humans?

Brookfield Infrastructure reportedly acquiring Hotwire for $7 billion

In late 2022, AMD became a founding member of the newly formed Semiconductor Climate Consortium, a group of companies in the semiconductor ecosystem focused on the challenges of climate change. Aligned with the Paris Agreement, the Consortium works to speed industry value chain efforts to reduce GHG emissions in member company operations and in other sectors of our value chain.

In addition to AMD, the Consortium has grown to more than 80 semiconductor companies including Applied Materials, ASML, GlobalFoundries, Micron, Samsung Electronics, SK Hynix and TSMC. Member companies collaborate with the aim of identifying solutions that can reduce the environmental impact of the semiconductor industry, such as reducing energy consumption and GHG emissions, improving water usage efficiency and promoting the use of renewable energy.

As a fabless semiconductor company, our scope 3 emissions (related to activities beyond our operations) exceed our operational scope 1 and 2 emissions. As this group aims to progress its work, AMD is engaging with industry participants to explore opportunities to reduce our scope 3 emissions. AMD participates in discussions to explore the challenges and opportunities for our suppliers to access renewable energy in regions worldwide. Most recently, AMD joined the Consortium’s Energy Collaborative to better understand the complexities of and work to clear roadblocks around installation of low-carbon energy sources in the Asia-Pacific region. The Collaborative, a collective of industry leaders, will provide a consolidated supply statement to energy stakeholders to help enable greater access to low-carbon energy in the region. AMD also participates in the Environmental Risk Reporting and Mitigation Working Group.

The Consortium engages with policymakers, NGOs and other stakeholders to promote sustainable practices in the semiconductor industry and advocate for policies that support the transition to a low-carbon economy.

For more information on Supply Chain Responsibility at AMD, please visit: https://www.amd.com/en/corporate/corporate-responsibility/supply-chain-responsibility.html

Originally published in AMD 2022-23 Corporate Responsibility Report

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.