Soitec engages to set new global climate and sustainability targets
11 Januar 2021 - 8:45AM
Soitec engages to set new global climate and sustainability targets
Soitec engages to set new global climate and
sustainability targets
Environmental, Social and Governance (ESG):
Soitec cooperates with Science Based Targets initiative and enters
Gaïa Index
Bernin (Grenoble), France, January 11,
2021. – Soitec, a key player in semiconductors, engages to
set itself new and ambitious mid- and long-term targets to cut its
greenhouse gas (GHG) emissions and increase its support to reach
the objectives of the COP21 Paris Agreement on climate
change.
Soitec’s objectives and achievements in
environmental sustainability will be monitored, validated and
disclosed in cooperation with the globally recognized Science Based
Targets initiative (SBTi).
Soitec designs and manufactures innovative
semiconductor materials that are cut into chips to make circuits
for electronic components. It offers technologies to miniaturize
chips, improve their performance and reduce their energy
consumption; it significantly contributes – in its long-term
programs and engagements as well as in its production and products
– to lower GHG emissions and improve sustainability in
microelectronics, in particular in strategic end markets like 5G
applications, automotive, Internet of Things, Artificial
Intelligence, cloud and edge computing.
The SBTi is an alliance of the Carbon Disclosure
Project (CDP), a global non-profit organization that drives
companies and governments to reduce their GHG emissions, the UN
Global Compact program, the World Resources Institute and the World
Wide Fund for Nature (WWF). The SBTi provides companies with a
path to reduce GHG emissions, in line with the Paris Agreement on
climate change signed on November 2016.
Soitec engaged with the SBTi to work on setting
ambitious and measurable mid- and long-term targets to reduce its
carbon footprint and communicate its objectives within the next
months. In 2020, the company performed its first voluntary global
scope 3 analysis of its GHG emissions. Soitec was also awarded the
Grand Prix of Digital Acceleration in the category “Impact for
Good” by the French BFM Business channel; the award acknowledged a
reduction of the energy consumption of each wafer produced by
Soitec on its French main site by 63 per cent over the last six
years.
As a result of its first efforts to monitor and
report these data, Soitec achieved an upgrade in the CDP rating
from category F to category C in December 2020. Last week, Soitec
received an 82/100 score in Gaïa Rating’s 2020 ESG survey, ranking
16th amongst 230 rated companies. As a consequence, Soitec joined
the Gaïa Index, which groups the 70 top-rated companies and was
published annually for the 12th time.
“Soitec is committed to support the Paris
climate objectives and has been actively engaged in cutting global
greenhouse gas emissions for many years,” says Paul Boudre, CEO of
Soitec. “Sustainability is in our DNA. We are engaged and committed
not only to deliver important contributions to the reduction of
emissions in our own production facilities; but we also support our
customers in improving their carbon footprints. Our technologies
drive the energy efficiency of a large range of microelectronics,
spanning from 5G smartphones and infrastructures, consumer
electronics, cars, sensors, power supply and batteries to radar,
robotics, imaging, cloud and edge computing as well as space
applications. Working with SBTi will allow us to continue our
efforts, set ourselves even more ambitious targets, and thus set
new benchmarks for environmental sustainability.”
# # #
Agenda
Q3’21 sales are due to be published on January
21st, 2021 after market close.
# # #
About Soitec
Soitec (Euronext, Tech 40 Paris) is a world
leader in designing and manufacturing innovative semiconductor
materials. The company uses its unique technologies and
semiconductor expertise to serve the electronics markets. With more
than 3,300 patents worldwide, Soitec’s strategy is based on
disruptive innovation to answer its customers’ needs for high
performance, energy efficiency and cost competitiveness. Soitec has
manufacturing facilities, R&D centers and offices in Europe,
the U.S. and Asia.
Soitec and Smart Cut are registered trademarks
of Soitec.
For more information, please visit
www.soitec.com and follow us on Twitter: @Soitec_EN
Investor
Relations:Steve Babureck +33 6 16 38 56 27 +65 9231
9735steve.babureck@soitec.com |
Media
contact:Markus Payer+33 7 85 54 90
84markus.payer-ext@soitec.com Isabelle Laurent+33 1 53 32 61
51 isabelle.laurent@oprgfinancial.fr Fabrice Baron+33 1 53 32
61 27fabrice.baron@oprgfinancial.fr |
# # #
Soitec is a French joint-stock corporation with a
Board of Directors (Société Anonyme à Conseil d’administration)
with a share capital of € 66,557,802.00, having its registered
office located at Parc Technologique des Fontaines - Chemin des
Franques - 38190 Bernin (France), and registered with the Grenoble
Trade and Companies Register under number
384 711 909.
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- 2021-01-11 Soitec Climate VA
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