Press release
Applied Materials Charts a Course for Enabling a More Sustainable Company, Industry and World
CEO Gary Dickerson unveils “Make Possible a Better Future” vision and ESG initiatives during SEMICON West keynoteCompany: Applied aims to achieve 100%
About this update from Applied Materials, Inc.
[{"type":"text","content":"CEO Gary Dickerson unveils “Make Possible a Better Future” vision and ESG initiatives during SEMICON West keynoteCompany: Applied aims to achieve 100% renewable energy sourcing and cut carbon emissions by 50% by 2030; commits to Science Based Targets initiative and Task Force on Climate-Related Financial DisclosuresIndustry: new programs focus on improving eco-efficiency of chip manufacturing and creating a more sustainable and just supply chainWorld: calls for greater industry collaboration to enable energy-efficient AI Era computing, from Materials to Systems™ SANTA CLARA, Calif., July 21, 2020 (GLOBE NEWSWIRE) -- In a keynote address today at the 50th annual SEMICON West, Applied Materials, Inc. president and CEO Gary Dickerson unveiled how the company is expanding the scope of its environmental, social and governance (ESG) commitments with a series of 10-year initiatives that will be driven within the company and in collaboration with suppliers, customers and the computing industry.\n Furthering Applied’s new vision to “Make Possible a Better Future,” Dickerson introduced a framework for generating positive ESG impact at the company, in the industry and throughout the world. “I strongly believe our responsibility as leaders is to leave the world in a better place,” said Gary Dickerson, president and CEO. “At Applied Materials, making a positive contribution to the community is at the foundation of our culture. I am excited to join forces with our employees, suppliers, direct customers, and the computing and electronics industries to Make Possible a Better Future.” A More Sustainable CompanyTo reduce the environmental impact of its operations, Applied is announcing the following goals: 100% renewable energy sourcing in the U.S. by 2022 and worldwide by 2030, and a 50% reduction in Scope 1 and 2 carbon emissions by 2030. Applied also announced today that it signed a power purchase agreement (PPA) with Apex Clean Energy, a key step toward reaching its renewable energy targets. In addition, the company committed to setting targets through the Science Based Targets initiative (SBTi) and reporting in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). A More Sustainable IndustryApplied is driving several initiatives with its customers and suppliers to promote greater sustainability indu...