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SEMI Announces Semiconductor Climate Consortium Founding Members
November 1, 2022 | SEMIEstimated reading time: 1 minute
SEMI, the industry association serving the global electronics manufacturing and design supply chain, and the new Semiconductor Climate Consortium (SCC), a group formed by companies across the semiconductor value chain to accelerate the ecosystem’s reduction of greenhouse gas emissions, today announced more than 60 founding members of the Consortium.
Representatives from SCC member companies and SEMI will hold informational sessions November 8-10 during COP27 in Sharm El Sheik, Egypt.
The SCC is the first global collaborative of semiconductor ecosystem companies focused on reducing greenhouse gas emissions across the value chain. The consortium’s members are committed to working toward the following pillars and objectives:
- Collaboration – Align on common approaches, technology innovations and communications channels to continuously reduce greenhouse gas emissions.
- Transparency – Publicly report progress and Scope 1, 2 and 3 emissions annually.
- Ambition – Set near- and long-term decarbonization targets with the aim of reaching net zero emissions by 2050.
Founding members have affirmed their support of the Paris Agreement and related accords driving the 1.5?C pathway and are aligned on the need to drive climate progress within the semiconductor value chain. The SCC was conceptualized by companies meeting under the SEMI Sustainability Initiative, which will continue to focus on non-climate related Environment, Social and Governance (ESG) issues.
“I applaud all Semiconductor Climate Consortium founding members for their leadership in this critical initiative and for their continued support of global sustainability efforts,” said Ajit Manocha, SEMI president and CEO. “While individual companies have taken significant steps to decarbonize, the industry must band together to develop green solutions and drive toward net zero. I encourage every company across the value chain to join the SCC and contribute to this crucial mission.”
“The commitment and support of the Semiconductor Climate Consortium founding members is truly inspiring,” said Dr. Mousumi Bhat, vice president of Global Sustainability Programs at SEMI. “SCC members recognize the climate impact of the industry and the need for a heightened focus on collaboration to drive sustainable growth across the value chain. We look forward to setting meaningful sustainability goals and helping ensure a healthy environment for future generations.”
The next phase in the development of the SCC is the election of its governing council. Representing a broad cross-section of the value chain, the council will establish the Consortium’s priorities to be carried out by member-led work groups.
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