Applied Materials Receives SBTi Validation of its Science-based Scope 1, 2 and 3 Emissions Reductions Targets
SANTA CLARA, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its science-based Scope 1, 2 and 3 emissions reduction targets have received validation from the Science Based Targets initiative (SBTi).
- SANTA CLARA, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its science-based Scope 1, 2 and 3 emissions reduction targets have received validation from the Science Based Targets initiative (SBTi).
- As demand for semiconductors increases, we must grow responsibly by collaborating broadly to reduce the industry’s environmental impact,” said Gary Dickerson, President and CEO of Applied Materials.
- Following are Applied’s near-term science-based targets that have received SBTi validation:
Applied Materials, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year. - Applied Materials, Inc. also commits to increase active annual sourcing of renewable electricity from 36% in FY2019 to 100% by FY2030.