GlobalData offers a comprehensive analysis of NXP Semiconductors , providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on NXP Semiconductors ‘s ESG performance. GlobalData’s company profile on NXP Semiconductors offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

SNXP Semiconductors , a leading semiconductor company, is committed to reducing its GHG emissions and achieving carbon neutrality by 2035. In 2022, the company persistently pursued its commitment to curbing greenhouse gas (GHG) emissions, achieving a commendable 9% reduction in the normalized carbon footprint (Scope 1 & 2 emissions) compared to 2021. Additionally, there was a notable increase in the company's utilization of renewable electricity, rising from 31% in 2021 to 35% in 2022. The company's Scope 1, Scope 2 (Market-Based), & Scope 3 emissions were 525,886, 639,073, & 29,653 tCO2e, respectively. The company demonstrated significant environmental responsibility, with 83% of its waste being recycled. Furthermore, there was an 11% reduction in hazardous waste, indicating a commitment to minimizing potentially harmful materials. Additionally, 48% of the company's wastewater was recycled, showcasing a proactive approach to sustainable water management practices.

To reduce its emissions, the company has set ambitious environmental goals, aiming to achieve carbon neutrality by the year 2035. Additionally, there is a target to reduce carbon emissions by 35% by 2027, using 2021 as the baseline year for measurement. In an effort to optimize natural resources, the company aims to attain specific targets by 2027, including the use of 50% renewable electricity, recycling 60% of wastewater, and recycling 90% of waste.

NXP Semiconductors has taken steps to reduce its emissions and is investing in emission reduction initiatives and implementing strategies to minimize its environmental impact. These efforts may include adopting cleaner energy sources, improving energy efficiency, and implementing sustainable practices throughout its operations.

In conclusion, NXP Semiconductors is actively advancing efforts to diminish its environmental impact. Demonstrating significant progress towards its targets, the company is proactively addressing carbon and greenhouse gas emissions. As a leading semiconductor firm, NXP Semiconductors plays a crucial role in fostering sustainability, thereby contributing to the mitigation of climate change and the promotion of a greener future.

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