Energy Efficiency, GHG Emissions, Industrial  -  July 14, 2023

Analog Devices Achieves 7% Reduction in Emissions

Analog Devices, Inc., a global semiconductor company, achieved a 7.2% decrease in absolute Scope 1 and 2 GHG emissions from 2019 and a 37% decrease in Scope 1 and 2 GHG emissions intensity by revenue from 2019. 

The company also disclosed full Scope 3 emissions for the first time. 

Analog Devices announced that 54% of electricity used at its manufacturing facilities came from renewables in 2022, helping the company achieve its goal of 100% by 2025. The company is making substantial progress toward reaching its goal of diverting 100% of its waste at ADI manufacturing facilities, achieving 90% in 2022.

Green revenue consisted of about 30% of ADI’s total revenue in fiscal year 2022, increasing approximately 34% from fiscal year 2021. Roughly 30% of ADI’s R&D was green-focused, level with the company’s fiscal year 2021 green R&D.

The 2022 ESG Report includes a new ESG Results section that itemizes ESG performance metrics and KPIs. This section defines each KPI, includes available values and, where appropriate, aligns them with the United Nations Sustainable Development Goals.

Details were provided in its 2022 Environment, Social and Governance (ESG) report. 

“ADI’s immensely talented, passionate, and dedicated workforce is tackling the world’s greatest challenges in partnership with our customers and partners, and we are confident there is no obstacle we can’t overcome together,” said Vincent Roche, ADI’s CEO and Chair in a statement. “We are pleased with our ESG accomplishments and how our efforts are helping our customers and partners meet their own ESG goals, however, the urgency of the issues we face means we are never satisfied. We remain thoroughly committed and optimistic about the positive impact our technologies can have for the health of humanity and the planet.”

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