12.18.23
Infineon Technologies AG announced its commitment to set a science-based target. By that Infineon expands its climate strategy even further. The company is very well on track towards CO2-neutrality by 2030, relating to its direct and indirect energy related emissions (Scope 1 and 2).
After having already reduced these emissions by 56.8 percent to date versus the base year of 2019, Infineon now sets itself even more ambitious targets by involving the supply chain (Scope 3) in the company’s climate protection efforts.
“Decarbonization is a guiding principle for Infineon. We have made great progress. With our commitment to set a science-based target, we are taking the next important step, adhering to the widely respected global standard for tackling climate change,” said Elke Reichart, chief digital transformation officer and responsible for sustainability at Infineon.
“We are actively inviting our suppliers to join us on our journey by setting their own carbon reduction targets,” Reichart added. “To truly address climate change, collaboration across the entire value chain, transparent and comprehensive data as well as global standards are foundational.”
Infineon has doubled its revenue since 2019 and halved its CO2 emissions (Scope 1 and 2) at the same time. The main drivers for lowering emissions are energy efficiency measures, comprehensive PFC abatement measures and switching its operations to renewable energy, which makes proportionally the largest contribution. In 2023, Infineon reaches another key milestone in this respect.
The two largest manufacturing sites in Asia - Kulim and Melaka in Malaysia - have now transitioned to green electricity, following the switch to renewables at its European and North American sites in 2021 and 2022 respectively.
After having already reduced these emissions by 56.8 percent to date versus the base year of 2019, Infineon now sets itself even more ambitious targets by involving the supply chain (Scope 3) in the company’s climate protection efforts.
“Decarbonization is a guiding principle for Infineon. We have made great progress. With our commitment to set a science-based target, we are taking the next important step, adhering to the widely respected global standard for tackling climate change,” said Elke Reichart, chief digital transformation officer and responsible for sustainability at Infineon.
“We are actively inviting our suppliers to join us on our journey by setting their own carbon reduction targets,” Reichart added. “To truly address climate change, collaboration across the entire value chain, transparent and comprehensive data as well as global standards are foundational.”
Infineon has doubled its revenue since 2019 and halved its CO2 emissions (Scope 1 and 2) at the same time. The main drivers for lowering emissions are energy efficiency measures, comprehensive PFC abatement measures and switching its operations to renewable energy, which makes proportionally the largest contribution. In 2023, Infineon reaches another key milestone in this respect.
The two largest manufacturing sites in Asia - Kulim and Melaka in Malaysia - have now transitioned to green electricity, following the switch to renewables at its European and North American sites in 2021 and 2022 respectively.