Lam Research

Lam Research, a US-based firm operating in the Electrical machinery and apparatus n.e.c. (31) industry, has established significant climate commitments. For the reporting year 2024, the company reported approximately 10.26 billion kg CO2e in total emissions. This figure comprises approximately 91.68 million kg CO2e for Scope 1 emissions, and approximately 50.83 million kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions were substantially higher, amounting to approximately 10.10 billion kg CO2e, with the largest contributions from the use of sold products (about 8.08 billion kg CO2e) and purchased goods and services (about 1.48 billion kg CO2e).

Lam Research is working towards achieving net zero emissions across all scopes by 2050. They have also set a target to achieve net zero emissions for their operations by 2040. Further near-term goals include a 25% reduction in absolute Scope 1 and 2 (market-based) GHG emissions by 2025 and a 60.6% reduction by 2030, using a 2019 baseline. Additionally, they aim to increase their annual sourcing of renewable electricity from 4% in the base year to 100% by 2030. A specific target for scope 3 product emissions is to reduce them by 63.8% per dollar value added by 2034, from a 2022 baseline. The company also commits to having a significant proportion of its suppliers and customers (by emissions) adopt science-based targets by 2025.