Micron’s ESG investments incorporate the design and manufacture of our products and how we grow our business, support our people and communities and power a future that enriches life for all. Our 2022 Sustainability Report and Progress Summary showcase our new aspirations and progress against our goals and global ESG programs.
Our 2022 Sustainability Report offers a comprehensive review of our sustainability strategy, programs and progress against our goals, focusing on how our wide-ranging ESG investments drive change within Micron and in the communities where we live, work and play.
We are mindful about how we consume energy, conserve water and manage waste. We're targeting net-zero greenhouse gas emissions from our operations and purchased energy by 2050, 100% renewable energy in our U.S. operations by the end of 2025 and greenhouse gas emissions reductions of 42% from our global operations by 2030.1 View a summary of our environmental commitments and our progress against our 2021 goals.
Our commitment to sustainable business practices encompasses ESG in our operations and communities and through our value chain. Our work highlights how sustainable product features support revenue and market share growth, better risk management lowers the cost of capital, energy efficiency reduces operating costs and attention to broad social action positively impacts our people and communities.
Micron is steadfast in our commitment to transforming the communities where our team members live, work, and play. We do this by promoting human potential through STEM education, supporting basic human needs and championing equitable opportunities for all.
Micron is more than the products we make – we’re people intent on delivering on our commitments, driving growth and inventing the future. We prioritize our people and strive to create an equitable workplace that keeps them safe and well. And we’ve set six bold commitments for diversity, equality and inclusion that are embedded in how we do business.
Our innovative technology provides many transformative benefits to our customers and communities. By fostering the adoption of breakthrough operational practices at Micron and across our industry that accelerate the pace of innovation, we aim to promote a sustainable ecosystem that expands what’s possible for society and our planet.
Continued diversity in globally located suppliers increases the need for resilience. Our rigorous, end-to-end sourcing standards – driven by a dedicated and tenacious team – enhance the sustainability of our operations while improving social and environmental conditions through our industry’s intricate, global technology supply chain.
In October 2021, Micron issued its first green bond framework, which provides information about the types of projects that are eligible for financing or refinancing with the use of any potential green bond proceeds.
Micron Ventures is speeding the adoption of sustainable tech through a unique partnership with semiconductor industry peers that catalyzes startup innovation.
Micron signed two agreements early in 2022 that further our commitment to sourcing renewable energy for our global operations.