- GlobalFoundries (GFS, Financial) commits to reducing greenhouse gas (GHG) emissions by 42% by 2030, up from a previous target of 25%.
- The company collaborates with major tech firms Apple and Infineon Technologies AG to enhance sustainability efforts.
- GF aims for net-zero GHG emissions and 100% carbon-neutral power by 2050.
GlobalFoundries (GFS) has announced a significant ramp-up in its greenhouse gas (GHG) emission reduction goals, committing to a 42% reduction by 2030 based on 2021 levels. This is an enhancement from its previous target of 25%. The revised targets align with the Science Based Target Initiative (SBTi) standards, underscoring GF's commitment to sustainable operations and collaboration with industry leaders such as Apple and Infineon Technologies AG.
To achieve these ambitious goals, GlobalFoundries plans to implement a suite of strategies, including improvements in energy efficiency, advanced emissions controls, and the adoption of alternative chemistries. Additionally, the company will utilize lower-carbon power solutions across its facilities in the U.S., Germany, and Singapore. A specific focus is on reducing fluorinated GHG emissions, which have a much higher global warming potential than CO2, in partnership with Apple.
GlobalFoundries remains on track to meet its 42% reduction target and is working closely with the SBTi to validate its near-term GHG emission reduction plans. Looking beyond 2030, GF has set long-term sustainability goals, aiming for net-zero GHG emissions and achieving 100% carbon-neutral power by 2050, further cementing its leadership in environmental responsibility in the semiconductor industry.
