Infineon Technologies, a German semiconductor company focused on power systems, announced the Science Based Targets initiative (SBTi) approved the company’s GHG emission reduction targets.

The approval spans the company’s own emissions of Scope 1 and 2 as well as emissions along the supply chain of Scope 3.

Infineon has now set an official Scope 3 target addressing the supply chain, and its procurement team is actively working together with over 100 suppliers on solutions that reduce CO2 emissions.

“The validation of our decarbonization targets by the Science Based Targets initiative is an important milestone in Infineon’s sustainability efforts. It underscores our commitment to reducing greenhouse gas emissions along our entire value chain,” said Elke Reichart, member of the Management Board and Chief Digital and Sustainability Officer at Infineon, in a statement. “Climate change and its consequences remain one of the biggest threats facing society and need our continued action. A dedicated scope 3 target underlines our commitment to drive decarbonization even further.”

Infineon made a commitment to SBTi to reduce absolute Scope 1 and 2 GHG emissions by 72.5% by 2030 compared to the base year 2019. Moreover, Infineon has now included a Scope 3 emission target commitment: 72.5% 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 for Scope 1 and 2 as formulated by the company in 2020.

Voluntary abatement of GHG emissions, energy efficiency measures and green electricity are key levers for the company to reduce its CO2 footprint.