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GlobalFoundries Accelerates GHG Reductions Commitments with Near Term Science-Based Target
April 23, 2025 | GlobalFoundriesEstimated reading time: 1 minute
GlobalFoundries 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.
GF is updating its Journey to Zero Carbon pledge with the accelerated commitment to reduce total GHG emissions by 42% from 2021 to 2030, up from the previous target of 25%, even as the company continues to expand its global semiconductor manufacturing capacity. GF is on track to meet this more ambitious 42% reduction goal, which will be accomplished through a comprehensive mix of energy efficiency improvements, state-of-the-art emissions controls, expanded use of alternative chemistries, and use of lower-carbon power across its fabs in the U.S., Germany and Singapore.
As part of this pledge, GF has committed to set its GHG emission reduction target in alignment with SBTi, widely considered the gold standard for science-based carbon reduction targets.
“Addressing today’s sustainability challenges is no small task, and GF has a strong track record of advancing responsible manufacturing and helping our customers achieve their sustainability goals,” said Niels Anderskouv, chief business officer and incoming president and chief operating officer at GF. “The essential chips we manufacture are in countless technologies and devices around the world. Our commitment to SBTi, and its vigilant framework for meaningful greenhouse gas emissions reductions, is both the right thing to do and another way for GF to be an environmentally responsible partner to our customers and communities.”
In partnering with Apple, GF is enhancing the sustainability of its semiconductor manufacturing operations and further reducing fluorinated GHG emissions, which have global warming potential thousands of times greater than that of CO2. GF has also been partnering with Infineon to set and meet more ambitious GHG reduction targets, in alignment with Infineon’s SBTi plans to address climate change across its entire value chain.
As GF works with SBTi on its near-term GHG emission reduction target, the company remains committed to its previously stated goals of achieving net-zero GHG emissions and 100% carbon-neutral power by 2050. Net-zero is a widely recognized global objective aimed at reducing emissions and supporting long-term environmental sustainability.
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Coherent Announces Agreement to Sell Aerospace and Defense Business to Advent for $400 Million
08/15/2025 | AdventCoherent Corp., a global leader in photonics, today announced that it has entered into a definitive agreement to sell its Aerospace and Defense business to Advent, a leading global private equity investor, for $400 million. Proceeds will be used to reduce debt, which will be immediately accretive to Coherent’s EPS.
Flexible Circuit Technologies to Host Free Flex Heater Webinar
08/18/2025 | Flexible Circuit TechnologiesGlobal Supplier of flexible circuits, flex design services, and assembly/box-build services, Flexible Circuit Technology will host their latest webinar, "Thermal Precision Meets Flexibility: The Technology Behind Heater Circuits" on Tuesday, August 26th, 2025 at 11 AM EDT.
It’s Only Common Sense: Why Failure Is an Opportunity for Growth
08/18/2025 | Dan Beaulieu -- Column: It's Only Common SenseIt’s only common sense that failure, as painful as it may be, is one of the best teachers. Whether you’re running a business, managing a team, or navigating your personal journey, failure offers an unparalleled opportunity to learn, grow, and emerge stronger. If you’re not failing now and then, you’re likely not trying hard enough or pushing yourself out of your comfort zone. Here’s why failure is not just inevitable but also invaluable, and how to use it as a steppingstone to success.
20 Years of Center Nanoelectronic Technologies (CNT) – Backbone of German Semiconductor Research Celebrates Anniversary
08/14/2025 | Fraunhofer IPMSThe Center Nanoelectronic Technologies (CNT) of the Fraunhofer Institute for Photonic Microsystems (IPMS) is celebrating its 20th anniversary this year. Since its founding in 2005, it has developed into a pillar of applied semiconductor research in Germany and Europe. With its unique research cleanroom and equipment adhering to the 300-mm wafer industry standard, CNT is unparalleled in Germany and serves as a central innovation driver for the microelectronics industry.
Koh Young Showcases Advanced Dimensional Metrology and Inspection Solutions for Semiconductor and Wafer-Level Packaging at SEMICON India
08/14/2025 | Koh YoungKoh Young, the industry leader in True 3D™ measurement-based dimensional metrology and inspection solutions, will present its latest advancements for semiconductor and advanced packaging applications in Hall 1 Booth 1086 during SEMICON India 2025 held September 2-4, 2025, at Yashobhoomi (IICC), New Delhi, India.