Micron’s Fifth Annual Sustainability Report Unveils New Aspirational Environmental Responsibility Goals
June 09 2020 - 8:00AM
Micron Technology, Inc. (Nasdaq: MU), today released its fifth
annual sustainability report, reinforcing the company’s vision to
enrich life by transforming how the world uses information, and
commitment to addressing social injustice and helping to create a
healthier, more equitable society. Micron plans to invest
approximately 2% of its annual capital expenditures, amounting to
approximately $1 billion over the next five to seven years on
environmental and social stewardship. Additionally, Micron will
embark on a series of bold new aspirational goals to address some
of the most significant social and environmental issues of our
time.
Building on a more than 42-year history of supporting
communities and environments in which the company operates,
Micron’s goals include reducing greenhouse gas (GHG) emissions by
40% over its 2018 benchmark to combat climate change in alignment
with global emissions and energy agreements; working toward 100%
water conservation through efficiency, reuse and restoration; and
sending zero waste to landfill through reduction, reuse and
recycling.
“Micron is one of the world’s leading semiconductor companies,
and we embrace our responsibility to help shape a sustainable
future with equal opportunity for everyone,” said Micron President
and Chief Executive Officer Sanjay Mehrotra. “Our commitment to
invest approximately $1 billion over the next five to seven years
on environmental initiatives, and our ambitious new goals will
ensure that we continue driving a sustainable future while
delivering world-class, industry-leading products.”
Micron’s sustainability efforts focus on three core areas —
product leadership, thoughtful operations and sourcing, and
advancement of people and communities.
2019 Progress Highlights
- Appointed by the World Economic Forum to join its Global
Lighthouse Network of advanced manufacturers who demonstrate
leadership in applying connected internet-of-things (IoT) and
industrial technologies to drive operational and environmental
impact.
- Achieved perfect scores on Responsible Business Alliance (RBA)
code audits, a global reuse and recycling rate of 74%, and energy
savings of over 50,000 MWh through conservation measures in
Micron’s cleanroom environments.
- Elevated diversity with new appointments of women to Micron’s
board of directors and the company’s first vice president of
Diversity, Equality & Inclusion role, the launch of three new
employee resource groups (ERGs) supporting diverse employee
populations, and the growth of ERG membership by 72%.
- Pledged $35 million to fight the global COVID-19 pandemic,
actively supporting team members’ priorities in meeting community
needs, expanded charitable donation matching funds to $10,000 per
employee and introduced a two-to-one match program.
Micron has been recognized and listed as a 2019–2020 FTSE4Good
Index Series Constituent (FTSE Russell), 2019–2020 Certified Great
Place to Work, Forbes 2020 Best Employers for Diversity, Newsweek’s
2020 America's Most Responsible Companies and Clarivate’s Analytics
2020 Top 100 Global Innovators.
Prepared in accordance with Global Reporting Initiative (GRI)
Standards and the Sustainability Accounting Standards Board (SASB)
Semiconductor Standard, Micron’s fifth annual sustainability report
can be found at
https://www.micron.com/about/our-commitment/operating-thoughtfully/sustainability.
About Micron Technology, Inc. We are
an industry leader in innovative memory and storage solutions.
Through our global brands — Micron® and Crucial® — our broad
portfolio of high-performance memory and storage technologies,
including DRAM, NAND, 3D XPoint™ memory and NOR, is transforming
how the world uses information to enrich life. Backed by more than
40 years of technology leadership, our memory and storage solutions
enable disruptive trends, including artificial intelligence, 5G,
machine learning and autonomous vehicles, in key market segments
like mobile, data center, client, consumer, industrial, graphics,
automotive, and networking. Our common stock is traded on the
Nasdaq under the MU symbol. To learn more about Micron Technology,
Inc., visit micron.com.
© 2020 Micron Technology, Inc. All rights reserved. Information,
products, and/or specifications are subject to change without
notice. Micron, the Micron logo, and all other Micron trademarks
are the property of Micron Technology, Inc. All other trademarks
are the property of their respective owners.
Micron Media Relations Contact Erica
Pompen Micron Technology, Inc. +1 (408) 834-1873
epompen@micron.com
Micron Investor Relations Contact Farhan
Ahmad Micron Technology, Inc. +1 (408) 834-1927
farhanahmad@micron.com
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