Infineon listed again on sustainability index
Infineon says its products and solutions help to save 33 times more CO2 emissions over the course of their usage than were created during their production
Semiconductor giant Infineon has once again been included in the Dow Jones Sustainability World Index and in the Dow Jones Sustainability Europe Index.
The Index lists the world’s leading companies from 61 industries. The assessment is based on the companies’ economic, environmental and social performance. Its objective is to help investors make informed decisions on how to align their portfolios more clearly with sustainability aspects, and to encourage companies to actively continue their efforts in connection with sustainability.
“We are very pleased that Infineon has been chosen as one of the world’s most sustainable companies for the 13th time in a row. The repeated inclusion in the Dow Jones Sustainability Indices serves as an acknowledgment that we are on track with the implementation of our ambitious sustainability goals,” says Constanze Hufenbecher (pictured above), chief digital transformation officer at Infineon. “Infineon is driving semiconductor innovation to support decarbonisation and thus the global transformation to a net-zero society. The green and the digital transformations go hand in hand.”
Infineon's goal is to become CO2-neutral in terms of its own footprint by 2030. As soon as 2025, the company wants to reduce its CO2 emissions by 70 percent compared to 2019 and has achieved a reduction of 23.4 percent to date. By the end of 2022, the company's US sites will follow its European sites in switching to electricity based on renewable sources.
Infineon says its products and solutions help to save 33 times more CO2 emissions over the course of their usage than were created during their production. After deducting emissions generated during manufacturing, Infineon solutions thus make it possible to save 97 million tons of CO2 during their useful lives.