With the ongoing UN COP26 summit as a backdrop, Qualcomm has announced a new sustainability pledge, in which the chipmaker will achieve net-zero emissions by 2040.
Qualcomm will begin by reducing its Scope 1 and 2 greenhouse gas emissions by 50% from base 2020 levels by 2030, followed by the reduction of its Scope 3 emissions by 25% from where they were in 2020.
Scope 1 emissions refer to direct emissions from owned or controlled sources, Scope 2 covers indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed and Scope 3 includes all other indirect emissions that occur in a company’s value chain.
