With the UN COP26 climate summit, Qualcomm has become the latest company to announce its commitment to sustainable development and will adopt a three-step plan to achieve net-zero emissions by 2040.
Greenhouse gas emissions include three areas:
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Scope 1 includes all pollution directly produced by the company or any emission source that it owns or controls.
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Scope 2 involves indirect emissions from electricity consumed by Qualcomm, heating, and cooling.
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Scope 3 includes all other indirect emissions from its value chain.
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Qualcomm has set three long-term greenhouse gas reduction targets to complement the company’s existing 2025 greenhouse gas reduction strategy:
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1. From the base year of 2020 to 2030, reduce the absolute greenhouse gas emissions of Scope 1 and Scope 2 by 50%.
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2. By 2030, reduce absolute Scope 3 greenhouse gas emissions by 25% from the 2020 base year.
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3. Achieve global net-zero emissions of Scope 1, 2, and 3 by 2040.
Moreover, in the context of companies like Qualcomm that rely on TSMC, Samsung, and other foundries to produce chips, reducing scope 3 emissions is the company’s most effective and most difficult way to reduce its environmental impact.
According to Imec’s estimates, approximately 75% of the greenhouse gas emissions associated with mobile devices are produced during manufacturing, and nearly half of them come from the chip manufacturing process.
