Amkor’s Science-Based Net-Zero Targets Approved by SBTi
28 Giugno 2024 - 3:00PM
Business Wire
Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of
semiconductor packaging and test services, announced today that the
Science Based Targets initiative (SBTi) has verified Amkor’s near-
and long-term science-based emissions reduction targets.
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the full release here:
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Amkor’s science-based net-zero targets include:
- Overall Net-Zero Target: Amkor commits to reach net-zero
greenhouse gas (GHG) emissions across the value chain by 2050.
- Near-Term Targets: Amkor commits to reduce absolute
scope 1 and 2 GHG emissions 55% by 2033 from a 2022 base year.
Amkor also commits that 80% of its suppliers by emissions covering
purchased goods and services and capital goods will have
science-based targets by 2028.
- Long-Term Targets: Amkor commits to reduce absolute
scope 1 and 2 GHG emissions 90% by 2050 from a 2022 base year.
Amkor also commits to reduce scope 3 GHG emissions 97% per million
USD value added within the same timeframe.
The Science Based Targets initiative (SBTi) is a corporate
climate action organization that develops standards, tools, and
guidance which allow companies to set GHG emissions reduction
targets in line with what is needed to limit global temperature
rise and reach net-zero by 2050.
“The SBTi verification represents a significant milestone and
demonstrates Amkor’s commitment to ambitious environmental
stewardship and aligns with the global effort,” said Giel Rutten,
Amkor’s president and chief executive officer. “It is incumbent
upon Amkor to aggressively pursue climate action as the
semiconductor industry continues to expand production of advanced
technologies. As Amkor’s manufacturing footprint expands—in the US,
Europe and in Vietnam—and our business grows, we anticipate
increasing energy use in our operations. Consequently,
decarbonization will become increasingly crucial for Amkor.”
With targets successfully approved by SBTi, Amkor’s focus now
shifts to execution. This includes increasing use of renewable
energy sources in our operations over the next decade and
prioritizing collective work across the value chain toward the goal
of scope 3 GHG reduction.
As part of SBTi’s approval, Amkor will regularly report progress
towards its near- and long-term goals, reinforcing its commitment
to transparency and a more sustainable future.
To learn more about Amkor’s ESG initiatives, please visit
amkor.com/esg/.
About Amkor Technology, Inc.
Amkor Technology, Inc. is the world's largest US headquartered
OSAT (outsourced semiconductor assembly and test) service provider.
Since its founding in 1968, Amkor has pioneered the outsourcing of
IC packaging and test services and is a strategic manufacturing
partner for the world's leading semiconductor companies, foundries,
and electronics OEMs. Amkor provides turnkey manufacturing services
for the communication, automotive and industrial, computing, and
consumer industries, including but not limited to smartphones,
electric vehicles, data centers, artificial intelligence and
wearables. Amkor's operational base includes production facilities,
research and development centers and sales and support offices
located in key electronics manufacturing regions in Asia, Europe
and the United States. For more information visit amkor.com.
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
about growth and Amkor’s manufacturing footprint. You are cautioned
not to place undue reliance on forward-looking statements. All
forward-looking statements in this press release are made based on
our current expectations, forecasts, estimates and assumptions.
Because such statements include risks and uncertainties, actual
results may differ materially from those anticipated in such
forward-looking statements. Risk factors that could affect the
outcome of the events set forth in these statements are discussed
in the company’s reports filed with or furnished to the Securities
and Exchange Commission. All forward-looking statements
attributable to us or persons acting on our behalf are expressly
qualified in their entirety by this cautionary statement. We assume
no obligation to review or update any forward-looking statements to
reflect events or circumstances occurring after the date of this
press release except as may be required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240627003281/en/
Investor Relations Jennifer Jue Vice President, Investor
Relations and Finance 480-786-7594 jennifer.jue@amkor.com
Media Relations Christina Parsons Director, Marketing
Communications 480-786-7823 christina.parsons@amkor.com
Social Media: @amkortechnology
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