-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
KLA's 2021 Global Impact Report Highlights New Climate Goals
August 25, 2022 | KLAEstimated reading time: 1 minute
KLA Corporation released its 2021 Global Impact Report, highlighting its most recent environmental, social and governance (ESG) progress and goals. Its purpose is to promote the sustainable growth of the business and inform KLA's stakeholders about the company's approach to managing and measuring its ESG performance.
"In 2021, we remained steadfast in our commitment to fulfill our mission of being positive stewards and living our values," commented Rick Wallace, president and chief executive officer of KLA Corporation. "Our 2021 Global Impact Report is a testament to KLA's dedication to continuous innovation and a summary of the environmental, social and governance strides we have made in just one year."
Reducing KLA's Environmental Footprint
Following the UN Intergovernmental Panel on Climate Change (IPCC) recent warnings around the catastrophic impact of global warming, KLA recognized the urgent call to action for businesses to do their part to reduce global emissions. Therefore, the company set a target to reduce its Scope 1 and 2 emissions by 50% by 2030 from its 2021 (third-party verified) baseline and achieve net zero Scope 1 and 2 emissions by 2050. These scope 1 and 2 emissions targets were set in reference to the Science Based Targets Initiative's (SBTi) Corporate Net-Zero Standard Criteria. In addition, KLA will evaluate and announce progress toward the development of Scope 3 emissions reduction goals by the end of 2023.
These developments follow a previously announced goal to use 100% renewable electricity across KLA's global operations by 2030.
KLA Invests in The Community, Strengthens Inclusion & Diversity Efforts
Through the KLA Foundation grants program, KLA invests in local organizations to create upstream solutions for sustainable change. In 2021, the KLA Foundation made a total of $3.9 million in grants and donated $550,000 to support COVID-19 relief in India, building upon its prior $2 million contribution toward COVID-19 relief efforts. Through the KLA Social Equity Fund established in 2020 in partnership with the American Heart Association, $530,000 in grant funding was made to five nonprofits in the South Bay/Silicon Valley and Metro Detroit areas.
The report also highlights the company's efforts to strengthen its engagement around Inclusion and Diversity (I&D) to address unconscious bias, non-discrimination and anti-harassment throughout the organization.
The development of the 2021 Global Impact Report was guided by stakeholder expectations and took into consideration recommended disclosures from the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) standards for the semiconductor industry and the Task Force on Climate-Related Financial Disclosures (TCFD).
Suggested Items
Boeing Opens Research & Technology Center in Japan
04/23/2024 | BoeingBoeing today opened a Boeing Research & Technology (BR&T) Center in Japan that will focus on innovation to enable the commercial aviation industry meet its goal of net zero carbon emissions by 2050.
GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050
04/23/2024 | GlobalFoundriesGlobalFoundries (GF) is furthering its commitment to sustainable operations and fighting climate change with the announcement of two new long-term goals to achieve net-zero greenhouse gas (GHG) emissions and 100% carbon-neutral power by 2050.
Amphenol Corporation Releases 2023 Sustainability Report
04/23/2024 | Amphenol CorporationAmphenol Corporation released its 2023 Sustainability Report.
Aaron Woolf, Dylan Peterson Join SIA Team
04/22/2024 | SIAThe Semiconductor Industry Association (SIA) announced Aaron Woolf and Dylan Peterson have joined the SIA team. Woolf will serve as director of global policy for economic security and Peterson will be a communications associate. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
Digitalisation and ESG
04/19/2024 | Marina Hornasek-Metzl, AT&SDigitalisation and ESG are prominent and high-priority topics in the global business community. The first focuses on applying technology throughout the value chain to produce faster, smarter, and more desirable business outcomes. The latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social, and governance perspective.