GloFo goes a lighter shade of green

GloFo goes a lighter shade of green

Business news |
Foundry chipmaker Globalfoundries Inc. has said it is aiming to reduce the company's greenhouse emissions by 25 percent over the period 2020 to 2030 as part of a commitment to zero carbon emissions by 2050.
By Peter Clarke

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Globalfoundries is one of a number of companies proclaiming its green aspirations (see CEO interview: Hassane El-Khoury on the ‘greening’ of Onsemi). Onsemi is aiming for net-zero carbon emissions by 2040. The United Nations has said that the world should halve carbon emissions by 2030 and that halving emissions by 2030 is the new normal

Globalfoundries said that to meet its goal of reducing absolute greenhouse emissions by 25 percent will require a variety of approaches and investments. These approaches include enhancing manufacturing emission controls, further improving energy efficiency, and sourcing renewable and lower-carbon energy. The 25 percent reduction goal encompasses all of GF’s fabs and will include its newest fab currently under construction in Singapore (see GloFo breaks ground on $4 billion Singapore wafer fab).

“We recognize climate change is an unprecedented global challenge, and Journey to Zero Carbon is GF’s commitment to growing responsibly and reducing our emissions in a meaningful way,” said GF CEO Tom Caulfield.

In its corporate responsibility report for 2021 Globalfoundries reported that in 2020 it had aggregate Scope 1 and Scope 2 greenhouse gas (GHG) emissions of 638,269 metric tons carbon equivalent (MTCE). Scope 1 are direct emissions and Scope 2 are indirect. Globalfoundries did not measure the much harder to track Scope 3 emissions, which are emissons resulting from upstream and downstream actions for and from its products and activities.

Related links and articles:

www.gf.com

https://gf.com/about-us/corporate-responsibility

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CEO interview: Hassane El-Khoury on the ‘greening’ of Onsemi

GloFo breaks ground on $4 billion Singapore wafer fab

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