onsemi Commits to the Science Based Targets Initiative, Marking a Key Step in its Decarbonization Journey
onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced it has committed to the Science Based Target Initiative (SBTi).
- onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced it has committed to the Science Based Target Initiative (SBTi).
- onsemi President and CEO Hassane El-Khoury recently signed a commitment letter and submitted it to SBTi, initiating the 24-month goal validation process.
- This is a pivotal step in the company’s decarbonization journey and demonstrates transparency in its net zero by 2040 climate goal.
- With the submission of this letter, the company has pledged to set near-term science-based emission reduction targets in line with SBTi criteria.