Intel targets to achieve netzero by 2040

Intel targets to achieve net-zero greenhouse emissions in its global operations by 2040, putting together a multi-pronged initiative will span across the chipmaker supply chain – from sourcing of raw materials, manufacturing and distribution and use of its products.

It’s priority is to cut down its own carbon emissions – known Scope 1 and 2 emissions. Scope 1 emissions are direct emissions from company-owned and controlled resources. They are emissions released into the atmosphere as a direct result of a company’s activities. Scope 2 emissions are indirect emissions from the generation of purchased energy from a utility provider. They are GHG emissions released in the atmosphere from the consumption of purchased electricity, steam, heat and cooling.

To realise this ambitious goal, Intel has set the following interim milestones for 2030:

• Achieve 100% renewable electricity use across its global operations.
• Invest approximately US$300 million in energy conservation at its facilities to achieve 4 billion cumulative kilowatt hours of energy savings.
• Build new factories and facilities to meet U.S. Green Building Council LEED program standards, including recently announced investments in the U.S., Europe and Asia.
• Launch a cross-industry R&D initiative to identify greener chemicals with lower global warming potential and to develop new abatement equipment.
• Intel’s net-zero emission announcement follow on the heels of tech giants that have come out with  the same commitment. Microsoft vowed to be carbon negative by reversing carbon emissions for its corporate lifetime by 2050. Apple committed to reaching carbon neutrality by 2030. Google claimed in 2020 to have already eliminated its carbon legacy.

Source: https://futureiot.tech/