KLA is publishing its latest Global Impact Report, detailing progress of our environmental, social and governance (ESG) programs, results and commitments from the past year. Managing our ESG impact is an important part of our mission to advance humanity through devices and ideas that transform our world and help shape a better future for generations to come.
During the past year we continued our focus in advancing leadership, opportunity, innovation, and stewardship, and this report charts our progress on our ESG journey in key areas such as climate and energy, inclusion and diversity, community initiatives, water use, talent development and ethics and compliance.
KLA recognizes the urgent call to action for businesses to do their part to reduce global emissions, and we continue to strengthen commitments to reducing our carbon footprint and increase transparency with improved environmental reporting. Therefore, we announced a new target to reduce Scope 1 and 2 emissions by 50% by 2030 from our 2021 baseline and a target to achieve net zero Scope 1 and 2 emissions by 2050. The scope 1 and 2 reduction goal is informed by the Science Based Targets Initiative (SBTi) Corporate Net-Zero Standard.
In the past year we have made further positive strides in our ESG efforts, including:
- Announced our goal to use 100% renewable electricity across our global operations by 2030
- Developed a new and improved greenhouse gas (GHG) inventory baseline
- Completed limited third-party verification of our GHG inventory for Scopes 1 and 2, Scope 3 business travel, and our renewable energy progress
- Conducted first in-depth climate risk and opportunity assessment following the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)
Looking ahead, we continue to build out our long-term ESG strategy for sustainable and inclusive growth with an eye toward reducing our climate impact. We will evaluate and announce progress toward the development of Scope 3 emissions reduction goals by the end of 2023, increasing disclosure and deepening the positive impact we deliver through our business and global community engagement.
Learn more about our ESG story and read the 2021 Global Impact Report on our ESG webpage.
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