Qualcomm Incorporated Releases Its Annual Corporate Responsibility Report, Focused on ESG Performance and Progress on Its Goals in 2023

The 2023 report features successes achieved this year, including progress on ESG targets and power efficiency of our Snapdragon products. Qualcomm's ESG priorities include three areas of focus where the Company believes it can make the greatest impact - Empowering Digital Transformation, Acting Responsibly and Operating Sustainably

Key highlights from 2023 include:

The Company continued to invent and develop products that enable customers to make a positive impact. One of Qualcomm's 2025 goals is to reduce power consumption by 10 percent every year in the Company's flagship Snapdragon® products. Thus far, year over year, the Company achieved a reduction in power consumption by 10 percent in Snapdragon products when averaged across all use cases.
The Company's efforts around sustainable supply chain management maintained with the 2025 goal of auditing 100 percent of primary semiconductor manufacturing suppliers every 2 years for conformance to its Supplier Code of Conduct. As of 2023, 88 percent of our primary semiconductor manufacturing suppliers have received audits.
In 2023, the Company achieved its 2025 global greenhouse gas (GHG) emissions goal- two years ahead of schedule. It has reduced Scope 1 and Scope 2 GHG emissions by over 35 percent compared to a 2014 baseline.
In line with the Company's conviction to address the environmental, social, and economic impacts of climate change, the Company continued its efforts to advance toward progressing on its other ambitious climate goals, including reaching net-zero global GHG emissions for Scope 1, 2 and 3 by 2040. The goals have been approved by Science Based Targets Initiative's (SBTi) Business Ambition for 1.5°C.
The Company kept up its work to enrich people's lives by bringing technology to underserved communities around the world through its Qualcomm® Wireless Reach™ Initiative. During this past year, Wireless Reach reached its 2025 goal to positively impacted the lives of over 27 million people since 2006.
The Company remains committed to its goal of inspiring the next generation of inventors by engaging over 1.5 million students and teachers across the globe through strategic STEM initiatives. While we achieved our goal in 2022, we carried on our efforts in STEM around the world. As of 2023, we've reached over 4.7 million students and teachers across the globe.

Explore the report to learn more about Qualcomm's Corporate Responsibility and ESG progress, programs and initiatives. And to stay up to date, follow @Qualcomm on Twitter and Linked In.

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Media Relations |1-858-845-5959 | corpcomm@qualcomm.com

Our Approach to Clean and Renewable Energy

At Meta, we work to design, build and operate some of the most innovative and sustainable data centers in the world. They provide the technology that billions of people use every day to connect and build community. Ensuring these world-class data centers are supported by clean and renewable energy is foundational to our approach. We recognize that adding new energy to the grid is important, not only because of our scale and scope as a company, but because we want to play a positive role in the communities in which we operate

Since 2020, we have matched 100% of our annual electricity use with new renewable energy and have a long history of partnering with utilities and renewable developers to bring new wind and solar energy projects to grids where we operate. As a voluntary buyer of renewable energy, we prioritize supporting high quality, innovative clean and renewable energy projects around the globe, which is key to maintaining net zero emissions for our operations.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Apple extends its privacy leadership with new updates across its platforms

Private Cloud Compute sets a new standard for privacy in artificial intelligence

Apple® today announced new updates across its platforms that help empower users and keep them in control of their data. Private Cloud Compute extends the industry-leading protections of iPhone® to the cloud, so that users don't have to choose between powerful intelligence grounded in their personal context and strong privacy protections. Apple also raised the bar for privacy with new features, such as locked and hidden apps, aimed at helping users protect sensitive areas of their phones. Apple introduced additional features designed with privacy and security in mind, including categorization in Mail, Messages via satellite, and presenter preview.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Apple empowers developers and fuels innovation with new tools and resources

Enhancements to Xcode and Swift, combined with new APIs, offer developers expanded capabilities for creating high-quality apps

Apple® today unveiled a suite of innovative new tools and resources designed to enable developers worldwide to create more powerful and efficient apps across all Apple platforms. With Xcode® 16, developers can save time in their development process and get more done thanks to features like Swift® Assist and predictive code completion. New and expanded APIs give developers the tools to advance their apps and introduce exciting features.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Qualcomm Incorporated Releases Its Annual Corporate Responsibility Report, Focused on ESG Performance and Progress on Its Goals in 2023

Latest News

Latest Press Releases

Related News

TOP STOCKS