Intel has set out a new plan to reduce its value chain footprint and to catalyse industrywide action to address climate change.

Intel has set out a new plan to reduce its value chain footprint and to catalyse industrywide action to address climate change.

The company has pledged to achieve net-zero greenhouse gas emissions in its global operations by 2040, to increase the energy efficiency and lower the carbon footprint of Intel products and platforms with specific goals.

Pat Gelsinger, Intel chief executive officer said, “The impact of climate change is an urgent global threat. Protecting our planet demands immediate action and fresh thinking about how the world operates.”

Intel is committing to reach net-zero greenhouse gas emissions across its operations, otherwise known as its Scope 1 and 2 emissions, by 2040. Intel’s priority is to actively reduce its emissions.

To realize this ambitious goal, Intel has set the following interim milestones for 2030:

• Achieve 100% renewable electricity use across its global operations.
• Invest approximately $300 million in energy conservation at its facilities to achieve 4 billion cumulative kilowatt hours of energy savings.
• Build new factories and facilities to meet U.S. Green Building Council® LEED® program standards, including recently announced investments in the U.S., Europe and Asia.
• Launch a cross-industry R&D initiative to identify greener chemicals with lower global warming potential and to develop new abatement equipment.

These targets strengthen Intel’s commitment to sustainable business practices, like its RISE strategy. Intel’s cumulative greenhouse gas emissions over the past decade are nearly 75% lower than they would have been in the absence of investments and action.

Intel is also committed to addressing climate impacts throughout its upstream and downstream value chain, also known as Scope 3 emissions. Intel’s Scope 3 strategy focuses on partnering with suppliers and customers to take aggressive action to reduce overall emissions.