GlobalFoundries Sets "Journey to Zero Carbon" Goal to Reduce Greenhouse Gas Emissions by 25% while Expanding Global Manufacturing Capacity

MALTA, N.Y., Aug. 19, 2021 — (PRNewswire) — GlobalFoundries (GF), the global leader in feature-rich semiconductor manufacturing, today announced its goal to reduce greenhouse gas emissions by 25% from 2020 to 2030, as the company expands its global manufacturing capacity. Building on GF's history of environmental responsibility and ongoing greenhouse gas emissions reduction, this new Journey to Zero Carbon initiative reinforces the company's commitment to sustainable and environmentally efficient manufacturing operations.

To meet the goal of reducing absolute greenhouse emissions by 25%, GF will apply a variety of approaches and investments tailored to its global manufacturing footprint. These approaches include enhancing manufacturing emission controls, further improving energy efficiency, and sourcing renewable and lower-carbon energy. The 25% reduction goal encompasses all of GF's fabs and will include its newest fab currently under construction in Singapore.

"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. "GF has a proven track record of environmentally responsible manufacturing and operations, and Journey to Zero Carbon is the natural next step for us to take. It's the right thing do to – for our business, for our global team, and for our planet."

GF's Journey to Zero Carbon initiative supports the aims of the Paris Agreement, which calls for significant reductions by 2030 on a path to global "Net Zero" greenhouse gas emissions by 2050. GF's announcement is aligned with the company's "Journey to Zero" efforts aimed at workplace safety and environmental responsibility.

To learn more about GF's Journey to Zero Carbon and other environmental, social and corporate governance initiatives, please view our 2021 Corporate Responsibility Report at: https://gf.com/about-us/corporate-responsibility

About GF
GlobalFoundries (GF) is one of the world's leading semiconductor manufacturers and the only one with a truly global footprint. GF delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets. GF provides a broad range of feature-rich process technology solutions with a unique mix of design, development and fabrication services. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its customers across the globe. GF is owned by Mubadala Investment Company. For more information, visit www.gf.com.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/globalfoundries-sets-journey-to-zero-carbon-goal-to-reduce-greenhouse-gas-emissions-by-25-while-expanding-global-manufacturing-capacity-301359235.html

SOURCE GlobalFoundries

Contact:
Company Name: GlobalFoundries
Media Contact, Michael Mullaney, GlobalFoundries
Phone: +1-518-305-1597
Email Contact

Featured Video
Jobs
Design Verification Engineer for Blockwork IT at Milpitas, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise