The Knowledge Base: Beyond the Badge—Why Membership Matters More Than Ever
Smart Automation: AI—Revolutionizing Inspection in Electronics Manufacturing
Standard of Excellence: The Role of Technology in Enhancing the Customer Experience
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).
Share on:
Suggested Items
DuPont Achieves 100% Renewable Electricity Across its European Union Operations
05/28/2025 | DuPontDuPont announced 100 percent of its grid electricity is from renewable sources across its entire European Union (EU) operations, through the use of Renewable Energy Certificates (RECs).
Infineon Gains Approval of Science Based Targets Initiative for Ambitious CO2 Emission Reduction Targets
05/20/2025 | InfineonInfineon Technologies AG has reached another milestone in its decarbonization efforts: The Science Based Targets initiative (SBTi) has approved the company's ambitious greenhouse gas emission reduction targets.
TSMC Commits to Ambitious Carbon Reduction Path in Line with Science Based Targets Initiative
04/23/2025 | TSMCTSMC marked Earth Day by announcing its commitment to the Science Based Targets Initiative (SBTi,) underscoring its dedication to addressing the pressing challenges of climate change. In line with SBTi, TSMC is collaborating with partners to achieve its environmental sustainability goals, embarking on an ambitious and comprehensive carbon reduction path encompassing direct, indirect and value chain emissions.
GlobalFoundries Accelerates GHG Reductions Commitments with Near Term Science-Based Target
04/23/2025 | GlobalFoundriesGlobalFoundries announced it will accelerate its near-term greenhouse gas (GHG) emission reduction goals, enhancing the company’s commitment to sustainable operations and further supporting the sustainability leadership of partners including Apple and Infineon Technologies AG. GF’s revised targets will be set in line with Science Based Target Initiative (SBTi) standards.
Roadmapping Sustainability: Paving the way for Eco-friendly Electronics
03/10/2025 | iNEMIIn light of ongoing climate challenges, the electronics industry is poised for a transformative shift driven by heightened consumer and corporate awareness of sustainable practices and circularity. iNEMI (International Electronics Manufacturing Initiative) enlisted the help of the electronics industry to roadmap that transformation in electronics manufacturing. This article provides an overview of the resulting sustainable electronics roadmap and how to get involved.