Potential offtaker

STMicroelectronics NV

www.st.com

Estimated electricity consumption

N/A

Countries of production presence

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STMicroelectronics NV is a Swiss-based company that operates in the Microcontrollers sector. The company was founded in 1987 and has since become a leading provider of semiconductor solutions for a wide range of applications. STMicroelectronics NV has a global presence with operations in 35 countries and employs over 45,000 people worldwide.

As a company, STMicroelectronics NV is committed to decarbonisation and reducing its carbon footprint. The company recognises the urgent need to address climate change and is taking steps to reduce its impact on the environment. STMicroelectronics NV has set ambitious targets to reduce its greenhouse gas emissions, increase energy efficiency, and promote the use of renewable energy.

One of the ways that STMicroelectronics NV is working towards decarbonisation is through its corporate energy strategy. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. STMicroelectronics NV has implemented a number of energy-saving initiatives, such as upgrading its lighting systems and HVAC systems, and using energy-efficient equipment.

In addition to reducing its energy consumption, STMicroelectronics NV is also investing in renewable energy. The company has signed several corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow STMicroelectronics NV to purchase renewable energy directly from the source, reducing its reliance on fossil fuels and supporting the growth of the renewable energy sector.

STMicroelectronics NV has also invested in its own renewable energy projects. The company has installed solar panels at several of its facilities, generating clean energy and reducing its carbon footprint. STMicroelectronics NV is also exploring other renewable energy sources, such as wind and geothermal energy, to further reduce its reliance on fossil fuels.

Overall, STMicroelectronics NV is committed to decarbonisation and reducing its impact on the environment. The company recognises the urgent need to address climate change and is taking concrete steps to reduce its carbon footprint. Through its corporate energy strategy, STMicroelectronics NV is reducing its energy consumption, investing in renewable energy, and promoting the use of renewable energy sources.

✓ Science Based Targets member
✓ Declared Net Zero commitment