GlobalFoundries Named to 'America’s Most Responsible Companies 2024' List

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GlobalFoundries (GF) has been named to Newsweek’s list of “America’s Most Responsible Companies 2024.” It marks the second consecutive year GF was included on Newsweek’s list, and is the latest recognition of GF’s longstanding commitment to ESG (environment, social, and corporate governance) and environmentally sustainable manufacturing.

“We are proud to have our ESG efforts recognized and to be included on Newsweek’s list of America’s Most Responsible Companies for the second year in a row,” said Stacey Barrick, GF’s global head of ESG. “GF is committed to environmentally sustainable manufacturing and to being a world-class employer. Corporate responsibility and ESG are fundamental to who we are as a company, and factor into every decision we make.”

Newsweek’s America’s Most Responsible Companies ranking focuses on a holistic view of corporate responsibility that considers all three pillars of ESG. The analysis is based on key performance indicators from publicly available information as well as a public survey of 17,000 U.S. residents about their perception of company activities related to corporate social responsibility. The final 2024 list recognizes the top 600 most responsible companies in the United States, spanning 14 industries.

In 2023, GF’s ESG efforts were recognized by rating agency Morningstar Sustainalytics, which maintained GF’s “Low Risk” rating and named GF to its “2023 Industry Top-Rated ESG Companies” list. GF also maintained its “Prime” Corporate ESG rating from ISS in 2023.