New chipmaker consortium wants to hit net zero by 2050

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New chipmaker consortium wants to hit net zero by 2050
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Semiconductor Climate Consortium aims to cut chipmaking carbon emissions

by 2050 and said it was investing 7 trillion won in its energy efficiency and sustainability efforts.

“The industry needs to be seen to be acting for PR purposes, and it also needs to comply with the latest regulatory requirements relating to ESG [Environmental, Social, and Governance],” said Gartner VP for semiconductors and electronics, Richard Gordon.“As with all industries, there is a balance to be struck between the costs of these initiatives versus the economic viability of the activity.

The report authors laid out three scenarios: one based on current decarbonization efforts, a more optimistic one where all companies that have announced decarbonization goals deliver on their commitments, and an ambitious one under which chipmakers undertake any actions needed to be on track for the 1.5°C goal by 2030.

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