Marvell Technologies is a leading semiconductor company in the United States of America that specializes in the design and development of advanced integrated circuits and related technologies. The company operates in the highly competitive semiconductor devices sector and has established a strong reputation for delivering innovative solutions that meet the evolving needs of its customers.

Marvell Technologies has a strong commitment to sustainability and decarbonisation, and has implemented several initiatives to reduce its carbon footprint and promote renewable energy. The company recognizes the importance of corporate energy management and has taken significant steps to reduce its energy consumption and increase the use of renewable energy sources.

One of the key initiatives that Marvell Technologies has implemented to support decarbonisation is the adoption of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the supply of renewable energy over a specified period. By entering into PPAs, Marvell Technologies is able to secure a stable and predictable supply of renewable energy, while also supporting the development of new renewable energy projects.

Marvell Technologies has signed several corporate PPAs in recent years, including agreements with wind and solar energy providers. These agreements have allowed the company to significantly increase its use of renewable energy and reduce its reliance on fossil fuels. By the end of 2020, Marvell Technologies had achieved a renewable energy usage rate of 37%, which is a significant increase from its 2017 baseline of 3%.

In addition to its corporate PPA initiatives, Marvell Technologies has also implemented several other measures to support decarbonisation and promote renewable energy. The company has invested in energy-efficient technologies and practices, such as LED lighting, HVAC optimization, and data center consolidation. These initiatives have helped to reduce the company's energy consumption and greenhouse gas emissions, while also improving operational efficiency and reducing costs.

Marvell Technologies has also implemented a comprehensive corporate energy management program, which includes regular energy audits, benchmarking, and reporting. The company tracks its energy usage and greenhouse gas emissions on a regular basis, and sets targets for reduction and improvement. This program has helped to raise awareness of energy efficiency and sustainability throughout the company, and has encouraged employees to take an active role in reducing energy consumption and promoting renewable energy.

Overall, Marvell Technologies is a leading semiconductor company that is committed to sustainability and decarbonisation. The company has implemented several initiatives to reduce its carbon footprint and promote renewable energy, including the adoption of corporate PPAs, energy-efficient technologies and practices, and a comprehensive corporate energy management program. These initiatives have helped to reduce the company's environmental impact, while also improving operational efficiency and reducing costs.