Lam Research has revealed its annual Environmental, Social, and Governance (ESG) Report detailing the company’s progress in reducing its environmental footprint, driving a healthy and safe workforce, advancing inclusion and diversity, and contributing positively to the broader community.
“The world’s response to the devastating pandemic has illuminated how we can transform our planet and intensify the best in humanity when we all work together towards a common goal,” said Tim Archer, President and Chief Executive Officer of Lam Research. “I could not be prouder of the incredible efforts of Lam’s workforce to deliver for our customers and answer the call from our communities in need under the most challenging of circumstances. And in that spirit, I’m pleased to announce our goals detailed in the ESG Report include operating 100% on renewable energy by 2030 and becoming carbon net-zero by 2050 to contribute to a more sustainable world.”
The company is proactively implementing environmental measures throughout its operations, from operational practices to the design of its products. In 2020, Lam made advances toward its 2025 sustainable operations goals in energy savings, water conservation, waste abatement, and greenhouse gas emissions reduction.
This includes goals of reducing scope 1 and scope 2 greenhouse gas emissions by 25% from a 2019 baseline; achieving 12 million kWh in energy savings; conducting waste audits at applicable factory sites; reducing waste to landfill to 0%, and saving 17 million gallons of water in water-stressed areas.
In collaboration with ASML and imec, Lam introduced a ground breaking dry photoresist technology for extreme ultraviolet patterning that uses five to ten times less chemistry and two times less energy to create the same result, delivering significant cost savings and a more sustainable solution for chipmakers.