Qualcomm Incorporated
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Qualcomm Incorporated is a multinational technology company based in San Diego, California, United States of America. The company operates in the App Specific Communication sector, providing innovative solutions for wireless communication technologies, including 5G, Wi-Fi, Bluetooth, and other wireless connectivity technologies. Qualcomm's products and services are used in a wide range of industries, including automotive, healthcare, smart cities, and Internet of Things (IoT).
As a global technology leader, Qualcomm is committed to sustainability and decarbonisation. The company has set ambitious goals to reduce its carbon footprint and increase the use of renewable energy in its operations. Qualcomm has pledged to achieve net-zero greenhouse gas emissions by 2030 and has set a target to reduce its Scope 1 and Scope 2 emissions by 55% by 2030, compared to its 2019 baseline. The company is also committed to using 100% renewable energy for its global operations by 2025.
To achieve these goals, Qualcomm is implementing a range of initiatives, including corporate energy management, corporate power purchase agreements (PPAs), and renewable energy projects. The company is working to improve the energy efficiency of its operations and reduce its reliance on fossil fuels. Qualcomm is also investing in renewable energy projects, such as solar and wind power, to increase its use of clean energy.
Corporate energy management is a key part of Qualcomm's sustainability strategy. The company has implemented energy-efficient technologies and practices in its facilities worldwide, including building automation systems, LED lighting, and energy-efficient HVAC systems. Qualcomm has also implemented an energy management system to monitor and optimise its energy use, reducing its energy consumption and costs.
Corporate power purchase agreements (PPAs) are another important aspect of Qualcomm's sustainability strategy. PPAs allow companies to purchase renewable energy directly from renewable energy projects, such as wind and solar farms. Qualcomm has signed several PPAs to increase its use of renewable energy, including a 15-year agreement to purchase 1.4 million MWh of renewable energy from a wind farm in Oklahoma. This PPA will provide enough clean energy to power all of Qualcomm's operations in North America.
Renewable energy projects are also a key part of Qualcomm's sustainability strategy. The company has invested in several renewable energy projects, including solar and wind power projects in the United States and India. Qualcomm's solar power project in San Diego is one of the largest corporate solar installations in the United States, generating enough clean energy to power 1,000 homes.
In addition to its sustainability efforts, Qualcomm is also committed to social responsibility and community engagement. The company has implemented several initiatives to support education, diversity, and inclusion in its workforce and the communities where it operates. Qualcomm's Wireless Reach program provides access to wireless technology and education to underserved communities worldwide, helping to bridge the digital divide and promote economic development.
In conclusion, Qualcomm Incorporated is a leading technology company that operates in the App Specific Communication sector. The company is committed to sustainability and decarbonisation, with ambitious goals to reduce its carbon footprint and increase the use of renewable energy in its operations. Qualcomm is implementing a range of initiatives, including corporate energy management, corporate power purchase agreements (PPAs), and renewable energy projects, to achieve these goals. The company is also committed to social responsibility and community engagement, with initiatives to support education, diversity, and inclusion.