Analog Devices Advances Climate Strategy and Commits to Net Zero Emissions by 2050
Commits to Science-Based Targets and Carbon Neutrality by 2030
Joins United Nations Global Compact
“Climate change poses one of the greatest threats to our society, and this decade will be pivotal in determining our collective success in turning the tide. Limiting global warming to 1.5°C will require a collective global effort – and the time for action is now,” said
Key elements of the company’s climate strategy include:
Carbon Neutral by 2030 and Net Zero Carbon Emissions by 2050
ADI is continuing to focus on reducing its impact on the environment and has set goals to achieve carbon neutrality by 2030 and net zero emissions by 2050. ADI will release a roadmap that outlines the strategies and actions to achieve these goals later in the year. Among these actions, the Company will transition to one hundred percent renewable energy across the Company’s operations by 2025 and addressing emissions across the full value chain, including Scope 3, by 2030.
United Nations Global Compact, Business Ambition for 1.5°C and Science-Based Targets initiative (SBTi)
ADI has recently joined the
The company also signed the Business Ambition for 1.5°C pledge and is setting science-based targets aligned with limiting global temperature rise to 1.5°C above pre-industrial levels and reaching net zero emissions by 2050. ADI’s targets will be verified by the Science Based Targets initiative (SBTi).
Maximizing the Sustainability Impact of Technologies and Solutions
As the bedrock of the modern digital economy, semiconductors have a major role to play in improving standards of living while protecting planetary health. ADI is uniquely positioned to drive positive impact with a comprehensive portfolio of technologies that sit at the intersection of our customers and society's most pressing challenges. This ranges from Battery Management Solutions that power electric vehicles to precision sensing technologies that enable industrial automation at increased efficiency as well as power protection and conversion solutions that drive energy efficiency enhancements at data centers.
ADI invests more than
Transparency and Disclosure
The Company will provide stakeholders regular updates on its progress against its sustainability agenda including in its annual “Engineering Good” report. ADI’s sustainability report aligns with the GRI framework and the company will also disclose to both the
Senior Director of Investor Relations