GHG Emissions, Industrial  -  March 8, 2023

onsemi Commits to SBTi

onsemi, an intelligent power and sensing technologies company, announced it committed to the Science Based Target Initiative (SBTi). 

onsemi President and CEO Hassane El-Khoury recently signed a commitment letter and submitted it to SBTi, initiating the 24-month goal validation process. This is a pivotal step in the company’s decarbonization journey and demonstrates transparency in its net zero by 2040 climate goal.

With the submission of this letter, the company has pledged to set near-term science-based emission reduction targets in line with SBTi criteria. 

By December 2024 onsemi will publish approved near-term targets aligned with and validated by SBTi.

“SBTi is the gold standard for science-aligned carbon reduction targets, and with the help and expertise imparted by the initiative, we can ensure onsemi remains on target to support global emission reduction efforts,” said Kim Luu, senior director and head of Sustainability, Environmental Social Governance (ESG), onsemi in a statement.