Lam Research Corporation is a leading provider of semiconductor manufacturing equipment and services. The company is headquartered in Fremont, California, and operates globally, with offices and facilities in Asia, Europe, and North America. Lam Research Corporation is a publicly traded company, listed on the NASDAQ stock exchange under the ticker symbol LRCX.

The company's primary focus is on the design, manufacture, and sale of equipment used in the front-end processing of wafers for the semiconductor industry. This includes equipment for etching, deposition, and cleaning, as well as metrology and inspection tools. Lam Research Corporation also provides software and services to support its equipment, including process control and optimization, yield management, and data analytics.

Lam Research Corporation has a strong commitment to sustainability and decarbonization. The company recognizes the importance of reducing its carbon footprint and mitigating the effects of climate change. To this end, Lam Research Corporation has set ambitious goals for reducing its greenhouse gas emissions and transitioning to renewable energy sources.

One of the key ways that Lam Research Corporation is working towards decarbonization is through its corporate energy program. This program focuses on reducing the company's energy consumption and increasing its use of renewable energy sources. Lam Research Corporation has set a goal of sourcing 100% of its electricity from renewable sources by 2025.

To achieve this goal, Lam Research Corporation has implemented a range of energy efficiency measures, such as upgrading lighting and HVAC systems, optimizing equipment usage, and reducing waste. The company has also invested in renewable energy projects, such as solar and wind power, and has entered into corporate power purchase agreements (PPAs) to secure long-term supplies of renewable energy.

Corporate PPAs are contracts between a company and a renewable energy provider, whereby the company agrees to purchase a specified amount of renewable energy over a set period of time. Lam Research Corporation has entered into several such agreements, including a 20-year PPA with NextEra Energy Resources for 100 MW of solar power in California. This PPA is expected to generate approximately 80% of the company's electricity needs in California.

In addition to its corporate energy program, Lam Research Corporation has also implemented a range of other sustainability initiatives. The company has set targets for reducing its water usage and waste generation, and has implemented recycling and composting programs at its facilities. Lam Research Corporation also works with its suppliers to ensure that they meet its sustainability standards and has implemented a supplier code of conduct that includes environmental and social criteria.

Overall, Lam Research Corporation is a leader in the semiconductor industry, with a strong commitment to sustainability and decarbonization. The company's corporate energy program, corporate PPAs, and other sustainability initiatives demonstrate its commitment to reducing its carbon footprint and mitigating the effects of climate change. As the world continues to transition to a low-carbon economy, Lam Research Corporation is well-positioned to thrive and lead the way in sustainable business practices.