View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
August 20, 2021

GlobalFoundries aims to reduce emissions by 25%

Journey to Zero Carbon supports aims of Paris Agreement.

By Simon Warburton

Semiconductor manufacturer, GlobalFoundries (GF), has unveiled its goal to reduce greenhouse gas emissions by 25% from 2020 to 2030, as the company expands its global production capacity.

To meet the goal of reducing absolute greenhouse emissions by 25%, GF will apply a variety of approaches and investments tailored to its global manufacturing footprint.

These include enhancing manufacturing emission controls, improving energy efficiency and sourcing renewable and lower-carbon energy. The 25% reduction goal encompasses all GF’s fabs and will include its newest site currently under construction in Singapore.

“We recognise climate change is an unprecedented global challenge and Journey to Zero Carbon is GF’s commitment to growing responsibly and reducing our emissions in a meaningful way,” said GF CEO, Tom Caulfield.

“GF has a proven track record of environmentally responsible manufacturing and operations and Journey to Zero Carbon is the natural next step for us to take. It’s the right thing do to; for our business, for our global team and for our planet.”

GF’s Journey to Zero Carbon initiative supports the aims of the Paris Agreement, which calls for significant reductions by 2030 on a path to global ‘Net Zero’ greenhouse gas emissions by 2050.

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Just Auto