Infineon gains approval of Science Based Targets initiative for ambitious CO2 emission reduction targets

Specifically, Infineon has made a commitment to SBTi to reduce absolute scope 1 and 2 greenhouse gas emissions by 72.5 percent by 2030 compared to the base year 2019. Scope 1 and 2 targets refer to the company's direct operations. Moreover, Infineon has now included a scope 3 emission target commitment: 72.5 percent of its suppliers measured by emissions related to purchased goods and services, capital goods and upstream transportation and distribution will have a science-based target by 2029. ...

Specifically, Infineon has made a commitment to SBTi to reduce absolute scope 1 and 2 greenhouse gas emissions by 72.5 percent by 2030 compared to the base year 2019. Scope 1 and 2 targets refer to the company's direct operations. Moreover, Infineon has now included a scope 3 emission target commitment: 72.5 percent of its suppliers measured by emissions related to purchased goods and services, capital goods and upstream transportation and distribution will have a science-based target by 2029.

In addition to the certified science-based targets, Infineon remains committed to its 2030 CO₂ neutrality goal (scope 1, 2) as formulated by the company in 2020. The reduction of CO₂ emissions is still a priority for Infineon. Voluntary abatement of greenhouse gas emissions, energy efficiency measures as well as green electricity are key levers for the company to reduce its CO₂ footprint.

The Science Based Targets initiative (SBTi) is a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). SBTi provides a clearly defined pathway for companies to reduce greenhouse gas emissions. Targets are considered 'science-based' when they are in line with the latest climate science in order to meet the goals of the Paris Agreement: limiting global warming to below 2° Celsius, ideally to below 1.5°C above pre-industrial levels.

Picture is available at AP

About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Further information is available at www.infineon.com
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Yasuyuki Kamiseki (Japan)

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