GlobalFoundries Accelerates GHG Reductions Commitments with Near Term Science-Based Target [Yahoo! Finance]
GlobalFoundries Inc. (GFS)
Company Research
Source: Yahoo! Finance
MALTA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced it will accelerate its near-term greenhouse gas (GHG) emission reduction goals, enhancing the company's commitment to sustainable operations and further supporting the sustainability leadership of partners including Apple and Infineon Technologies AG. GF's revised targets will be set in line with Science Based Target Initiative (SBTi) standards. GF is updating its Journey to Zero Carbon pledge with the accelerated commitment to reduce total GHG emissions by 42% from 2021 to 2030, up from the previous target of 25%, even as the company continues to expand its global semiconductor manufacturing capacity. GF is on track to meet this more ambitious 42% reduction goal, which will be accomplished through a comprehensive mix of energy efficiency improvements, state-of-the-art emissions controls, expanded use of alternative chemistries, and use of lower-carbon power across its fabs in the U.S
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GFS
Earnings
- 11/12/25 - Beat
GFS
Sec Filings
- 12/11/25 - Form 6-K
- 12/2/25 - Form 144
- 11/12/25 - Form 6-K
- GFS's page on the SEC website