ILMN Illumina Inc

By Stephen Nakrosis

Illumina Inc. on Thursday said it set a goal of net zero global greenhouse gas emissions by 2050.

"With our commitment to responsible and sustainable practices, we aim to help shape a more sustainable and equitable future for all," said Francis deSouza, chief executive.

The company said it established milestone targets including a 46% reduction of emissions from direct operations by 2030 and a 46% reduction of emissions from indirect operations.

Illumina also said it has committed to verified Science Based Targets, signed the Business Ambition for 1.5 degree and joined the United Nations' Race to Zero campaign.

In addition, the company said its Climate Action plan includes a $20 million philanthropic commitment by 2030 "to support initiatives dedicated to sustainability innovation, environmental education, urban tree planting, biodiversity research, sustainable agriculture projects."

"We have integrated our sustainability goals into our giving strategy acknowledging that often the most vulnerable populations in the world are being impacted the most by climate change despite having contributed the least to the climate crisis," said Sharon Vidal, director of corporate social responsibility and sustainability.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

September 09, 2021 14:38 ET (18:38 GMT)

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