GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050
GlobalFoundries Inc. (GFS)
Company Research
Source: GlobeNewswire
MALTA, N.Y., April 22, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) is furthering its commitment to sustainable operations and fighting climate change with the announcement of two new long-term goals to achieve net-zero greenhouse gas (GHG) emissions and 100% carbon-neutral power by 2050. The new 2050 goals are aligned with Paris Agreement goals, and build upon GF’s Journey to Zero Carbon pledge in 2021 to reduce its greenhouse gas emissions by 25% from 2020 to 2030, even as the company continues to expand its global manufacturing capacity. Net-zero is the widely accepted international goal for mitigating global warming in the second half of the century, and calls for companies to reduce GHG emissions to keep the global rise in temperature below 2°C above pre-industrial times. Since 2021, GF has initiated energy efficiency improvements and implemented multiple projects employing alternative chemistries and abatement controls across its global semiconductor manufactu
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GFS
Earnings
- 2/13/24 - Beat
GFS
Sec Filings
- 4/29/24 - Form 20-F
- 3/15/24 - Form 144
- 2/16/24 - Form 144
- GFS's page on the SEC website