Applied Materials

Applied Materials reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 151 Kt (+7.1/+4.9% y-o-y). At the sime time, carbon intensity plunged to 8.3 t (-1.3 /-13.5% y-o-y).

Applied Materials's Scope 3 emissions plunged to 8.4 Kt (-21 /-71% y-o-y). The decline accelerated compared to the CAGR of -34.6% since 4Q'18.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Applied Materials also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Applied Materials Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year. Applied Materials Inc. also commits to increase active annual sourcing of renewable electricity from 36% in FY2019 to 100% by FY2030. Applied Materials Inc. further commits to reduce scope 3 GHG emissions from use of sold products 55% per million USD of value added by FY2030 from a FY2019 base year.