Infineon to Become Carbon-Neutral by 2030
February 20 2020 - 4:53AM
Dow Jones News
By Maitane Sardon
Infineon Technologies AG said Thursday that it will cut its
emissions by 70% by 2025 and will become carbon-neutral by 2030, as
it works toward aligning with the Paris Agreement on climate
change.
To achieve the targets, the German semiconductor manufacturer
said it will reduce its direct emissions and its indirect
emissions, which are the result of its consumption of purchased
electricity or heat.
Infineon said it will expand its energy efficiency program to
better manage the electricity it consumes, invest in air treatment,
and will compensate for unavoidable emissions by purchasing green
electricity.
"Climate change threatens the global ecosystem and so the very
existence of mankind. It's an acknowledged fact that we need to
act," said Infineon's chief executive Reinhard Ploss.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
February 20, 2020 04:38 ET (09:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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