Press release
Micron Releases 2024 Sustainability Report Highlighting Progress and Long-Term Vision
BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today
About this update from Micron Technology, Inc.
[{"type":"text","content":"BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability report. This report details Micron’s sustainability advancements, highlighting its award-winning efforts and reinforcing its commitment to sustainability and cutting-edge technology. “Micron is helping drive technological advances that will create significant new opportunities in the years ahead,” said Micron President and CEO Sanjay Mehrotra. “Our 2024 sustainability report reflects our current commitments and future ambitions to employ technology to benefit our communities and the planet. Through significant dedication, we have made steady improvements, and I look forward to helping lead even greater gains across the semiconductor industry and ecosystem. We will continue to invest in initiatives that sustain our long-term vision to enrich life for all.” Committing to environmental sustainability goals Micron’s dedication to its environmental goals has yielded substantial progress. In 2023, the company reduced scope 1 greenhouse gas emissions by 11% compared to its 2020 baseline. The company is on track to source 100% renewable electricity in the U.S. by the end of 2025. Micron also maintained 100% renewable electricity use in Malaysia, achieved 100% renewable electricity for operations in mainland China in the last quarter of calendar year 2023, and expanded renewable energy efforts in Singapore, Taiwan and other locations. Additionally, new water projects have boosted Micron’s water reuse, recycling and restoration rates to 66%, up from 50% in 2020. Micron is also making strides toward its goal of diverting 95% of its total waste from landfills by 2030 and eliminating hazardous waste disposed in landfills. Fostering equality and inclusionMicron remains steadfast in building a diverse workforce and inclusive team culture. The company engaged in critical partnerships with educational and government institutions around the world to expand the global applicant pool of diverse and exceptional talent. Membership in the company’s 10 actively engaged employee resource groups (ERGs) grew to more than 47% of its global workforce in fiscal year 2023 (FY23), representing a broad cross-section of the company across all geographies. Since 201...