Potential offtaker

Analog Devices, Inc.

www.analog.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Analog Devices, Inc. (ADI) is a leading global semiconductor company that designs, manufactures, and markets a broad portfolio of high-performance analog, mixed-signal, and digital signal processing (DSP) integrated circuits (ICs) used in a wide range of applications. The company was founded in 1965 and is headquartered in Norwood, Massachusetts, United States. ADI operates in the Standard Linear - General sector and serves customers in various industries, including automotive, communications, healthcare, industrial, instrumentation, and consumer electronics.

Decarbonisation is a key global challenge, and ADI is committed to reducing its carbon footprint and contributing to a sustainable future. The company has set ambitious goals to reduce its greenhouse gas (GHG) emissions, energy consumption, and waste generation. ADI has adopted a comprehensive approach to decarbonisation that includes energy efficiency, renewable energy, and carbon offsetting.

Corporate energy is a critical aspect of ADI's sustainability strategy. The company has implemented various initiatives to improve energy efficiency and reduce energy consumption in its operations. ADI has invested in energy-efficient technologies and practices, such as LED lighting, HVAC systems, and building automation. The company has also implemented an energy management system (EnMS) that monitors and optimizes energy use across its facilities.

Corporate power purchase agreements (PPAs) are a key component of ADI's renewable energy strategy. The company has signed several long-term PPAs with renewable energy developers to secure a reliable and cost-effective supply of renewable energy. ADI's PPAs cover a significant portion of the company's electricity consumption and help reduce its carbon footprint. The company has also invested in on-site renewable energy systems, such as solar panels, to generate clean energy and reduce its reliance on grid electricity.

Renewable energy is a critical element of ADI's sustainability strategy. The company has set a goal to source 100% of its electricity from renewable sources by 2025. ADI has made significant progress towards this goal and currently sources over 70% of its electricity from renewable sources. The company has also committed to reducing its Scope 1 and Scope 2 GHG emissions by 25% by 2025, compared to its 2017 baseline.

ADI's commitment to sustainability extends beyond its own operations. The company is a member of various sustainability initiatives and organizations, such as the United Nations Global Compact, the Renewable Energy Buyers Alliance, and the Carbon Disclosure Project. ADI also engages with its suppliers and customers to promote sustainable practices and reduce the environmental impact of its products and services.

In conclusion, Analog Devices, Inc. is a leading semiconductor company that is committed to sustainability and decarbonisation. The company has implemented various initiatives to improve energy efficiency, reduce GHG emissions, and promote renewable energy. ADI's corporate energy strategy, corporate PPAs, and renewable energy investments demonstrate its commitment to a sustainable future. ADI's leadership in sustainability and decarbonisation sets an example for other companies in the Standard Linear - General sector and beyond.