Intel targets net zero emissions in global operations by 2040

Its interim milestones for 2030 include reducing supply chain emissions by at least 30%, achieving 100% renewable electricity globally and investing around $300m in energy conservation

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Intel Corporation has announced its pledge to achieve net zero greenhouse gas emissions in its global operations by 2040.

Its interim milestones for 2030 include reducing supply chain emissions by at least 30%, achieving 100% renewable electricity globally and investing around $300 million (£228m) in energy conservation at its facilities to achieve four billion cumulative kWh of energy savings.

In addition, Intel plans to build new factories and facilities to meet US Green Building Council LEED programme standards, including recently-announced investments in the US, Europe and Asia.

The company will also launch a cross-industry research and development initiative to identify greener chemicals with lower global warming potential and develop new abatement equipment.

Intel’s sustainable business practices have so far helped reduce its greenhouse gas emissions by nearly 75% over the past decade.

Pat Gelsinger, Intel’s Chief Executive Officer said: “The impact of climate change is an urgent global threat. Protecting our planet demands immediate action and fresh thinking about how the world operates.

“As one of the world’s leading semiconductor design and manufacturing companies, Intel is in a unique position to make a difference not only in our own operations, but in a way that makes it easier for customers, partners and our whole value chain to take meaningful action too.”