Outlook 2024: Focus on Sustainability in all things, from product performance to manufacturing processes and supply chain

Sustainability is an ever-present and growing imperative. As an industry, we are at the forefront of the drive to innovate towards this goal. We must also accept the challenge of creating these high-performance, high added-value products using sustainable processes and practices. There is constant pressure to use energy and materials as efficiently as possible without compromising the quality and durability of our products. We must all strive to develop creative approaches that will help sustain our world's resources and explore every opportunity to keep improving sustainability now and in the future.  Read More

The recent UN Climate Study Report emphasizes the urgent need to speed up global decarbonization efforts to address the escalating frequency and severity of extreme weather events caused by rising temperatures. The semiconductor industry, a crucial player in global decarbonization and electrification, recognises its role in environmental stewardship and has taken steps to align with global standards and initiatives aimed at improving industrial environmental performance. These include the environmental standard ISO 14001 and Reduction of Hazardous Substances (RoHS). Many chip makers, worldwide, have programs ongoing such as water conservation and recycling, and are modernising their operations to improve energy efficiency. In addition, the industry has collaborated with suppliers to improve visibility into environmental practices and carbon emissions. As businesses strive to incorporate sustainability throughout their supply chains, transparency becomes increasingly important. Read More

 

Work in Progress

With a growing global population and scarce resources, it's vital to ensure sustainable outcomes for current and future generations. However, companies must take steps right now to set us up for a more sustainable tomorrow. From assessing energy consumption during production processes to reducing packaging waste in electronics components, we can lead the charge towards a greener product lifecycle with smart strategies. Read More