Press release
Intel Commits to Net-Zero Greenhouse Gas Emissions in its Global Operations by 2040
Intel’s plan sets goals for reducing value chain footprint and catalyzing industrywide action to address climate change SANTA CLARA, Calif.--(BUSINESS
About this update from Intel Corporation
[{"type":"text","content":"\nIntel’s plan sets goals for reducing value chain footprint and catalyzing industrywide action to address climate change\n\n SANTA CLARA, Calif.--(BUSINESS WIRE)--\nWhat’s New: Today, Intel Corporation announced plans to further reduce its direct and indirect greenhouse gas emissions and develop more sustainable technology solutions. The company pledged to achieve net-zero greenhouse gas emissions in its global operations by 2040, to increase the energy efficiency and lower the carbon footprint of Intel products and platforms with specific goals, and to work with customers and industry partners to create solutions that lower the greenhouse gas footprint of the entire technology ecosystem.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220413005299/en/\n“The impact of climate change is an urgent global threat. Protecting our planet demands immediate action and fresh thinking about how the world operates. As one of the world's leading semiconductor design and manufacturing companies, Intel is in a unique position to make a difference not only in our own operations, but in a way that makes it easier for customers, partners and our whole value chain to take meaningful action too.”\n–Pat Gelsinger, Intel chief executive officer\n\nWhat It Means for Intel’s Global Operations: Intel is committing to reach net-zero greenhouse gas emissions across its operations, otherwise known as its Scope 1 and 2 emissions, by 2040. Intel’s priority is to actively reduce its emissions, in line with international standards and climate science. It will use credible carbon offsets to achieve its goal only if other options are exhausted.\n\nTo realize this ambitious goal, Intel has set the following interim milestones for 2030:\n\n\nAchieve 100% renewable electricity use across its global operations.\n\n\nInvest approximately $300 million in energy conservation at its facilities to achieve 4 billion cumulative kilowatt hours of energy savings.\n\n\nBuild new factories and facilities to meet U.S. Green Building Council® LEED® program standards, including recently announced investments in the U.S., Europe and Asia.\n\n\nLaunch a cross-industry R&D initiative to identify greener chemicals with lower global warming potential and to develop new abatement equipment.\n\n\nThese targets strengthen In...