Micron’s Annual Sustainability Report Highlights Continued Progress and Commitment to Powering a Future That Enriches Life For All
July 06 2022 - 09:03AM
Micron Technology, Inc. (Nasdaq: MU), today released “Investing in
the Future: Micron’s 2022 Sustainability Report,” underscoring the
company’s continued commitment to innovation, the environment, and
our people and communities.
Micron exceeded all targets associated with its credit
facilities announced last year. These metrics included securing a
40% improvement in greenhouse gas intensity compared to 2018;
ensuring 90% of the company’s waste is recycled, reused or
recovered; and achieving a Responsible Business Alliance (RBA)
average facility audit score of 193.2 out of a possible 200.
Micron also made meaningful progress in its diversity, equality
and inclusion (DEI) commitments. The company achieved comprehensive
global pay equity for all underrepresented groups, surpassed its
goal to invest 3% of its cash investments with diverse financial
institutions and grew its annual spend with diverse suppliers to
$212 million.
“In 2021, we made substantial progress against our
sustainability goals, exceeding our targets in greenhouse gas
emissions intensity reduction and water recycling. We further
advanced our environmental strategy in May 2022 with the
announcement of new climate goals to reduce greenhouse gas
emissions,” said Micron President and Chief Executive Officer
Sanjay Mehrotra. “Sustainability and inclusion are vital to a
future that enriches life for all our communities, and Micron will
continue to build on the progress we have made in areas like
achieving comprehensive pay equity and investing in innovative
startups that will transform sustainability practices in our
industry.”
Long-term Investments in Community and
SustainabilityMicron continued to prioritize giving back
to its communities and providing a brighter future for all. In
calendar year 2021, the Micron Gives program distributed $13
million to charitable organizations, including $4.25 million in
education grants to help underrepresented and underserved students
find pathways to science, technology, engineering and mathematics
(STEM) careers.
Micron is also investing in future sustainable technologies that
will benefit the global semiconductor industry. Through a
partnership with SEMI, the industry association representing the
electronics manufacturing and design supply chain, Micron Ventures
held a “Startups for Semiconductor Sustainability” pitch event
focused on startups developing groundbreaking technologies in
energy efficiency, water efficiency or water processing and
recycling. The initiative provided startups with the opportunity to
compete for nine top spots to engage with industry experts and
potential investors who can help them further develop these
important technologies, contributing to a more sustainable
world.
Growing Commitment and RecognitionThe release
of Micron’s 2022 sustainability report follows Micron’s new climate
goals announced in May, to achieve net zero GHG emissions in its
global operations and purchased energy by 2050, reduce 2030 GHG
emissions from operations (“scope 1”) by 42% against its 2020
baseline and continue to advance its renewable energy targets.
Micron has been recognized on the North America Dow Jones
Sustainability Index, included on Barron’s list of the 100 Most
Sustainable Companies and listed as a 2021–2022 Certified Great
Place to Work. The company was also named on Newsweek’s list of
America's Most Responsible Companies in 2021.
Micron’s seventh annual sustainability report was prepared in
accordance with Global Reporting Initiative Core Standards and the
Sustainability Accounting Standards Board semiconductor industry
standard.
For more information, visit
http://www.micron.com/sustainability.
About Micron Technology, Inc.We are an industry
leader in innovative memory and storage solutions transforming how
the world uses information to enrich life for all. With a
relentless focus on our customers, technology leadership, and
manufacturing and operational excellence, Micron delivers a rich
portfolio of high-performance DRAM, NAND and NOR memory and storage
products through our Micron® and Crucial® brands. Every day, the
innovations that our people create fuel the data economy, enabling
advances in artificial intelligence and 5G applications that
unleash opportunities — from the data center to the intelligent
edge and across the client and mobile user experience. To learn
more about Micron Technology, Inc. (Nasdaq: MU), visit
micron.com.
© 2022 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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