Hsinchu,
UMC's Co-President and Chief Sustainability Officer SC Chien said: "Combating climate change has long been an area of focus for UMC, and we've stepped up that commitment with our pledge to achieve net zero emissions by 2050. As part of that journey, the Company is pursuing renewable energy transition and our climate targets have been verified by the Science Based Targets Initiative. It is very encouraging to see our efforts recognized by CDP and other prominent sustainability assessments, and we will continue to leverage our IC manufacturing expertise and collaborate with value chain partners to unleash the power of technology for a better future."
Under UMC's three-pronged strategy to reach net zero, the Company will reduce emissions from its IC manufacturing processes, increase usage of renewable energy, and invest in net-zero technologies.
As a member of global renewable initiative RE100, UMC has set progressive targets to source more green energy and its usage of renewables will reach more than 5 percent of overall electricity consumption this year. UMC has installed solar photovoltaic systems capable of generating over 8,000 megawatt-hours (MWh) of electricity a year, and has additionally purchased more than 200 GWh of renewable energy. To reduce impact on water resources, UMC has implemented measures to reduce the amount of water consumed in manufacturing processes, to increase water recovery rate, and to encourage greater efficiency in water management, leading to a total of 33.52 million metric tons of water conserved in 2021. Recognizing these efforts, CDP has awarded UMC "Leadership" rating for water security for three consecutive years.
The disclosure system and scoring process of CDP, a non-profit organization formerly known as the
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC's comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI and BCD etc. Most of UMC's 12-in & 8-in fabs with its core R&D are located in
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward-looking within the meaning of the
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