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SGH Releases 2021 Environmental, Social, and Governance (ESG) Report
Committing to Net Zero by 2030 MILPITAS, Calif.--(BUSINESS WIRE)-- SMART Global Holdings, Inc. (“SGH”) (Nasdaq: SGH) today released the SGH 2021 ESG Report,
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[{"type":"text","content":"\nCommitting to Net Zero by 2030\n\n MILPITAS, Calif.--(BUSINESS WIRE)--\nSMART Global Holdings, Inc. (“SGH”) (Nasdaq: SGH) today released the SGH 2021 ESG Report, the second annual record of SGH’s progress toward its environmental, social, and governance (ESG) goals. The report details SGH’s ongoing efforts to deliver on the company’s global sustainability initiatives. The company’s latest commitment to reach net zero Scope 1 and Scope 2 carbon emissions by 2030 marks the next step in a sustainability journey that began with last year’s commitment to leverage renewable sources for 75% of its global energy. Next year, SGH will begin the process of validating its carbon targets through the Science Based Targets initiative (SBTi).\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221013005381/en/The SGH 2021 ESG Report details SGH’s ongoing efforts to deliver on the company’s global sustainability initiatives. It is the second annual record of SGH’s progress toward its environmental, social, and governance (ESG) goals. (Graphic: Business Wire)\nThe report further details SGH’s progress toward maintaining the highest standards in product stewardship; security and data privacy; a diverse and flexible workforce; and human rights.\n\nOver the last two years, SGH has:\n\n\nFormed a cross-functional ESG Steering Committee\n\n\nIntroduced ESG oversight as a chartered responsibility of the Board of Directors\n\n\nConducted a pay parity analysis as part of our commitment to equity within our company\n\n\nIncreased executive accountability for ESG by including it as a bonus performance measure\n\n\n“Last year, we focused on investing in the resources and governance initiatives necessary to achieve substantive ESG goals over the long term, while also delivering short-term results,” said Mark Adams, president and CEO of SGH. “This year, we are making additional strides, starting with our goal to achieve net zero Scope 1 and Scope 2 carbon emissions by 2030. Internally, we are fostering an equitable workplace that provides opportunities for a diverse workforce, beginning with a gender pay parity analysis that not only evaluates our current practices, but also allows us to track data year-over-year. 2021 was meaningful for ESG at SGH, but it was just the beginning.”\n\nIn 2021, SGH als...