GlobalData offers a comprehensive analysis of Semiconductor Manufacturing International, 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 Semiconductor Manufacturing International‘s ESG performance. GlobalData’s company profile on Semiconductor Manufacturing International 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.
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Semiconductor Manufacturing International Corporation (SMIC), is committed to reducing its green house (GHG) emissions. The company aims to accelerate low-carbon energy conservation projects, improve innovation in environmental technologies, and promote the green transition of the company. SMIC is also aligned with China's goal of "Carbon peak and carbon neutrality" and continues to promote sustainability in its corporate development.
In 2022, SMIC's total greenhouse gas (GHG) emissions reached 2,558,421 tons of CO2e. This comprises 823,838 tons of CO2e for total direct emissions (Scope 1) and 1,734,583 tons of CO2e for total indirect emissions (Scope 2). The company has established environmental targets using 2010 as the baseline and aiming for accomplishment by 2030. These targets encompass a 50% reduction in greenhouse gas (GHG) emissions per unit of production, a 5% decrease in waste generation intensity per unit of production in the 8-inch fabs, a 30% reduction in energy consumption per unit of production, and a goal of a 40% decrease in water consumption per unit of production. As of 2022, the company has made good progress on its environmental objectives.
SMIC recognizes the significance of climate change and the management of greenhouse gas (GHG) emissions. The company is actively engaged in measuring and monitoring its carbon emissions, underscoring its commitment to transparency and accountability in addressing environmental impact. SMIC's initiatives to reduce emissions involve enhancing energy efficiency, exploring renewable energy sources, expanding investments in renewable energy, and striving to establish low-carbon factories. The company remains dedicated to further reducing GHG emissions through optimization of manufacturing processes and the introduction of tail gas treatment units, aligning with its green development strategy and contributing to the national "Carbon peak and carbon neutrality" strategy.
In conclusion, Semiconductor Manufacturing International Corporation is actively working towards reducing GHG emissions and addressing climate change. SMIC's efforts to measure and monitor its emissions, as well as its investments in energy efficiency and renewable energy, demonstrate its commitment to mitigating climate change and promoting a greener future.
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