-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueCertifications
Certifications have historically been seen as a cost of doing business, but how do we turn them into a positive ROI and a value to both customer and vendor?
The Butterfly Effect
The basis of chaos theory is a key concept known as the “butterfly effect.” It’s the idea that a small event in one place creates a cascading set of events elsewhere. So, how is the EMS landscape changing? We’re tracking the concerns and dynamics of this landscape, and there’s a lot to learn.
Coming to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Mycronic’s Science Based Targets Approved
June 27, 2024 | Mycronic ABEstimated reading time: 1 minute
The Science Based Target initiative has approved the two near-term science-based emissions reduction targets of Mycronic AB (publ). The approval marks a milestone in the company’s work to accelerate the transition towards a more sustainable electronics industry.
Mycronic commits to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 56% by 2030 from a 2022 base year. The company also commits to reduce Scope 3 GHG emissions from the use of sold products 52% per SEK gross profit within the same timeframe.
Through purposeful innovation, Mycronic is developing products and solutions that support customers in their efforts to limit climate impact. By improving the energy efficiency of the company’s products, Mycronic is addressing the area where the greatest impact can be made.
“The approval of our two near-term science-based emissions reduction targets is a milestone for Mycronic. These will from now on replace our previously communicated climate goal. We recognize that action is urgent, and I am pleased that we now have a solid base for our work to reduce greenhouse gas emissions in line with the requirements of the Paris Agreement" says Anders Lindqvist, President and CEO Mycronic.
The Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.
The initiative develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at the latest.
The SBTi partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).
Suggested Items
Flex Receives Ericsson 2023 Supplier Sustainability Award
04/30/2024 | FlexEricsson recently awarded Flex with its 2023 Supplier Sustainability Award — the second time since 2021. The award recognizes the extended supply chain benefits from sustainable manufacturing operations in the Flex facility in Tczew, Poland, that runs on 100 percent renewable energy.
Foxconn Net Zero 2050 Targets Validated by SBTi
04/24/2024 | FoxconnHon Hai Technology Group announced its overall science-based net-zero targets have been validated by Science Based Target initiative (SBTi), a move the world’s largest electronics manufacturer and technology service provider hopes will accelerate climate action across its value chain.
GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050
04/23/2024 | GlobalFoundriesGlobalFoundries (GF) is furthering its commitment to sustainable operations and fighting climate change with the announcement of two new long-term goals to achieve net-zero greenhouse gas (GHG) emissions and 100% carbon-neutral power by 2050.
Digitalisation and ESG
04/19/2024 | Marina Hornasek-Metzl, AT&SDigitalisation and ESG are prominent and high-priority topics in the global business community. The first focuses on applying technology throughout the value chain to produce faster, smarter, and more desirable business outcomes. The latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social, and governance perspective.
RTX Signs Largest Renewable Electricity Deal with ENGIE
04/19/2024 | RTXRTX announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will provide 100% renewable electricity to 12 of the company’s Texas facilities.