2022/10/7
October 7th, 2022 – Nanya Technology’s climate target has officially approved by the Science Based Targets initiative (SBTi), ensuring that Nanya’s emission reduction roadmap is consistent with the Paris Agreement and making the company the first DRAM company in the world to be validated.
Nanya Technology committed to SBTi in December 2021, entered the final review in July 2022, and was approved in August of the same year. SBT’s approval is an affirmation of our greenhouse gas inventory target and data quality. With 2020 as the base year, Nanya targets 25% reduction in greenhouse gas emissions (Scope 1 and Scope 2) and 27% reduction emissions per unit product (Scope 3) by 2030.
“Nanya Technology strives to develop low-carbon products, strengthen green technology and production strategy, adapt to climate change risks, increase climate advocacy and education, and cooperate with sustainable partners to fight against climate change, making contributions to our environment.”, said Nanya Technology’s President, Dr. Pei-Ing Lee.
With advanced process technology, high performance and low-carbon products, Nanya will bring significant energy saving for the customer and create sustainable competitiveness. Our next generation products and showed a reduction of from 16% to 35% in average power rating, the new generation of self-developed 10nm-class process technology will also bring significant DRAM bit growth. Nanya aims to be a producer of green technology and target to reach at least 25% renewable energy use in 2030. Meanwhile, the company consistently enhancing climate resilience by water recycle system, green buildings and circular economy.
Nanya is also leveraging our own experience and those of our suppliers to enhance our sustainability performance together. A comprehensive audit and mentoring framework are employed to strengthen their climate resilience, face the challenges of climate change together and realize joint advocacy. Everyone from our directors to all employees are also actively working to enhance the climate change capabilities of the Company. We actively engage with society and make positive contributions.
Nanya Technology released its first TCFD Report in 2022. The Report sets out the methodology used by Nanya to identify and assess climate change risks during our operations and production processes, the potential influence on financial performance, and the management measures taken to strengthen climate resilience. Nanya has been recognized with the CDP Climate Change Evaluation’s highest honor: "A List Leadership Level" for two consecutive years, reaffirming the company’s effort in facing the challenges of climate change. Nanya will continue to work with all partners to implement the SBT goals, move towards net zero, and strive to become the “Best DRAM Partner for Smart World”.
*SBTi: Science Based Targets initiative, SBTi, organized by CDP, United Nations Global Compact (UNGC), World Resources Institute (WRI), and World Wide Fund for Nature (WWF). These targets allow companies to set carbon reduction targets in a more scientific manner, which will help limit global warming to no more than 2°C (in response to the Paris Agreement), or even 1.5°C (in response to the IPCC's global warming 1.5°C report).
