Environmental & Social Information • Dec 7, 2021
Environmental & Social Information
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Bernin (Grenoble), December 7, 2021 - In line with its social and environmental commitments, Soitec obtained the approval of its greenhouse gas emission reduction targets by the Science Based Targets initiative (SBTi) Steering Committee, becoming the fourth global semiconductor company to achieve this highest level of commitment. The validated targets reinforce the unconditional need to limit global warming to 1.5°C above pre-industrial levels.
The SBTi certification attests that Soitec's CO2 emission reduction targets are in line with the levels required to limit global warming to 1.5°C. This designation is the most ambitious available under the SBTi process.
As one of the first French companies in the sector to obtain this certification, Soitec has committed to reducing, by 2026:
To achieve this, the company has a clear climate roadmap, which is translated into concrete actions already initiated throughout the company's value chain:
"We are proud that our environmental objectives have been certified by an organization such as SBTi. This recognition confirms the seriousness of our commitments in a context of very strong growth for the company. This validation of our efforts to reduce our own carbon footprint complements the contribution of our products to continually reconcile new technological prowess with reduced energy consumption, which is now at the heart of our raison d'être" said Paul Boudre, Soitec's CEO.
Soitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing innovative semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics markets. With more than 3,500 patents worldwide, Soitec's strategy is based on disruptive innovation to answer its customers' needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia. Fully committed to sustainable development, Soitec adopted in 2021 its corporate purpose to reflect its engagements: "We are the innovative soil from which smart and energy efficient electronics grow into amazing and sustainable life experiences. »
Soitec, SmartSiC™ and SmartCut™ are registered trademarks of Soitec.
For more information, please visit www.soitec.com and follow us on Twitter: @Soitec\_EN.
The Science Based Targets initiative is a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). It defines and promotes best practices in sciencebased target setting and independently evaluates companies' targets.
Steve Babureck
+33 6 16 38 56 27
+65 9231 9735
Media Contact:
Markus Payer
+33 7 85 54 90 84
Isabelle Laurent
+33 1 53 32 61 51 [email protected]
Fabrice Baron
+33 1 53 32 61 27
Soitec is a French joint-stock corporation with a Board of Directors (Société Anonyme à Conseil d'administration) with a share capital of € 70,276,054.00, having its registered office located at Parc Technologique des Fontaines - Chemin des Franques - 38190 Bernin (France), and registered with the Grenoble Trade and Companies Register under number 384 711 909.
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