GFS GLOBALFOUNDRIES INC

GlobalFoundries Recognized on USA Today’s “America’s Climate Leaders 2024” List

GlobalFoundries Recognized on USA Today’s “America’s Climate Leaders 2024” List

MALTA, N.Y., May 30, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been named to USA Today’s “America’s Climate Leaders 2024” list. GF’s inclusion on the list, announced today and viewable , is the latest recognition of the company’s longstanding commitment to sustainability and corporate responsibility.

“Our team works every day to find new efficiencies and innovate new ways to minimize our impact on the environment. It’s fundamental to who we are as a company,” said Brian Raley, director of sustainability at GF. “We are proud to have our efforts recognized by USA Today and to be included on its list of ‘America’s Climate Leaders 2024.’”

The “America’s Climate Leaders 2024” list is based on independent research and analysis of submitted and publicly available information, including data from the Carbon Disclosure Project and independent reports. The final list recognizes 450 companies across multiple industries.

Last month, GF announced it was furthering its commitment to sustainable operations and fighting climate change with new long-term goals to achieve net-zero greenhouse gas emissions and 100% carbon-neutral power by 2050. Aligned with Paris Agreement goals, GF's new goals build upon the company's Journey to Zero Carbon pledge in 2021 to reduce its greenhouse gas emissions by 25% from 2020 to 2030, even as the company continues to expand its global manufacturing capacity. GF is on track to meet this 25% reduction goal by 2030.

Other recent recognitions of GF’s sustainability and corporate responsibility efforts include being named to Morningstar Sustainalytics’ “2024 Top-Rated ESG Companies,” maintaining a “Prime” corporate ESG performance rating in 2023 from ISS and being named to Newsweek’s 2023 and 2024 lists of “America’s Most Responsible Companies.”

Learn more about sustainability and corporate responsibility at GF and see a full list of the company’s sustainability awards and recognitions at:

About GF

GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development, and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit .

©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners.

Forward-looking Information

This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.

Media Contact:

GlobalFoundries

Michael Mullaney



EN
30/05/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on GLOBALFOUNDRIES INC

Antoine Legault ... (+2)
  • Antoine Legault
  • Matthew Bryson

Daily Views on Tech Headlines

FMS: August 5th-7th in San JoseView: The Future of Memory and Storage Conference (formerly the Flash Memory Summit) takes place in Santa Clara Aug 5th - 7th. We will be hosting in person investor meetings (centered around a full day of meetings on the 6th) both at FMS and at company HQs close to th

Antoine Legault ... (+2)
  • Antoine Legault
  • Matthew Bryson

Daily Views on Tech Headlines

FMS: August 5th-7th in San JoseView: The Future of Memory and Storage Conference (formerly the Flash Memory Summit) takes place in Santa Clara Aug 5th - 7th. We will be hosting in person investor meetings (centered around a full day of meetings on the 6th) both at FMS and at company HQs close to th

Antoine Legault ... (+2)
  • Antoine Legault
  • Matthew Bryson

Daily Views on Tech Headlines

Kioxia: Raises $2.2BView: Kioxia sold $2.2B of two tranches of debt yesterday. Funds will be used both to repurchase preferred shares and for general corporate purposes.While seemingly not that substantial a raise, Kioxia's use of capital (and capacity decisions) are important to watch. We believe

ResearchPool Subscriptions

Get the most out of your insights

Get in touch