Micron Announces New Greenhouse Gas Reduction Targets and Commits to Net-Zero Emissions From Its Operations by 2050
10 Mai 2022 - 3:00PM
Micron Technology, Inc. (Nasdaq: MU), today announced new targets
to reduce greenhouse gas emissions as part of the company’s overall
sustainability strategy outlined in its annual sustainability
report. The new commitments put Micron on a path to achieve
net-zero emissions from its global operations (known as scope 1)
and purchased energy use (known as scope 2) by 2050. These actions
reinforce how Micron is taking meaningful steps to address the
increasing threat of climate change.
In addition to these new long-term commitments, Micron has also
set new shorter-term, time-bound targets. By 2030, Micron aims to
reduce scope 1 greenhouse gas emissions across its own operations
by 42% against its 2020 baseline. Through this combination of
shorter-term targets and long-term commitments, Micron seeks to
align its goals to the objective of international agreements on
climate change to limit global warming to no more than 1.5 degrees
C.
The company also focuses on procuring renewable energy globally
to support its net-zero objective and continues to target 100%
renewable energy in the U.S. by the end of 2025. Micron recently
announced progress toward these goals, achieving 100% renewable
energy in Malaysia and partnering with Idaho Power to advance
solar-powered renewable energy in Idaho.
“We know the well-being of our communities and team members, as
well as the strength of our business, depends on the actions and
investments we make to address our environmental footprint. That’s
why sustainability is embedded across the entire spectrum of
Micron’s business, from our operations and manufacturing sites
across 17 countries, to our finance strategy, product development
and supply chain management,” said Manish Bhatia, executive vice
president of Global Operations at Micron. “As a technology leader,
we established these new greenhouse reduction targets to reinforce
our commitments and further advance our environmental
strategy.”
Micron takes a multifaceted approach toward meeting its net-zero
operational commitments. This includes investing in advanced
abatement systems, prioritizing use of gases with lower global
warming potential, sourcing energy-efficient equipment, and
purchasing renewable instead of fossil fuel-generated energy.
Micron plans to spend $1 billion by 2028 to meet its
environmental targets, which also include 75% water conservation
and 95% waste diversion globally in 2030. In 2021, Micron announced
the closing of a $1 billion green bond in which net proceeds from
issuance will be allocated to eligible projects that the company
believes can drive its sustainability priorities, including
renewable energy, green buildings, energy efficiency, water
management, pollution control and a circular economy in line with
the company’s Green Bond Framework.
Micron will continue to be transparent about its progress
towards these goals with regular updates to stakeholders in its
annual sustainability report and other outlets. For more
information, visit http://www.micron.com/sustainability.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage
solutions transforming how the world uses information to enrich
life for all. With a relentless focus on our customers, technology
leadership, and manufacturing and operational excellence, Micron
delivers a rich portfolio of high-performance DRAM, NAND and NOR
memory and storage products through our Micron® and Crucial®
brands. Every day, the innovations that our people create fuel the
data economy, enabling advances in artificial intelligence and 5G
applications that unleash opportunities — from the data center to
the intelligent edge and across the client and mobile user
experience. To learn more about Micron Technology, Inc. (Nasdaq:
MU), visit micron.com.
© 2022 Micron Technology, Inc. All rights reserved. Information,
products, and/or specifications are subject to change without
notice. Micron, the Micron logo, and all other Micron trademarks
are the property of Micron Technology, Inc. All other trademarks
are the property of their respective owners.
Micron Media Relations ContactErica
PompenMicron Technology, Inc.+1 (408)
834-1873epompen@micron.comMicron Investor Relations
ContactFarhan Ahmad Micron Technology, Inc. +1 (408)
834-1927farhanahmad@micron.com
Micron Technology (NASDAQ:MU)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Micron Technology (NASDAQ:MU)
Historical Stock Chart
Von Apr 2023 bis Apr 2024