As a central component of almost all electronic devices and found in everything from medical equipment to automobiles, semiconductors are essential to modern life. As the expansion of AI drives another wave of growth for the industry in coming years, this is even more true than ever before.
Rapid growth comes with an array of opportunities and potential challenges, and the semiconductor industry should respond rigorously to internal and external pressures for sustainability across every aspect of the business. From climate emissions associated with energy used in the manufacture and lifetime operation of semiconductors and to the environmental impact of chemicals used in their manufacture to social issues associated with roles deep in the supply chain, industry leaders know that its growth—and indeed its social license to operate—is contingent on addressing environmental and social concerns.
This series explores, in-depth, the six next-generation sustainability strategies Deloitte has identified as emerging in the semiconductor industry to help advance global decarbonization and other sustainability goals:
Address direct emissions from semiconductor manufacturing
Design products to reduce energy use and emissions throughout their life cycle
Address Scope 3 ecosystem emissions and sustainable procurement
Reengineer products, logistics, and business models for circularity
Develop new, sustainability-related businesses and revenue streams
'Sharpen' sustainability strategies and integrate them into the business