Lam Research

Lam Research, a US-based company in the Electrical machinery and apparatus n.e.c. industry, reported its most recent carbon emissions for 2024. In that year, the company's total emissions were approximately 10.25 billion kg CO2e. This figure includes Scope 1 emissions of 91.68 million kg CO2e, Scope 2 market-based emissions of 50.83 million kg CO2e, and Scope 3 emissions totalling 10.10 billion kg CO2e.

Looking at previous years, Lam Research's total emissions for 2023 were approximately 6.51 billion kg CO2e, with Scope 1 at 189.54 million kg CO2e and Scope 2 market-based at 57.70 million kg CO2e. In 2022, the total emissions were about 8.89 billion kg CO2e, comprising Scope 1 emissions of 457.17 million kg CO2e and Scope 2 market-based emissions of 63.30 million kg CO2e.

Lam Research has set several climate commitments. The company aims to achieve net-zero emissions for its operations (Scope 1 and 2) by 2040 and across all scopes by 2050. Near-term, Lam Research has committed to the Science Based Targets initiative (SBTi) to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030 from a 2019 base year. Additionally, they plan to increase annual sourcing of renewable electricity from 4% in 2019 to 100% by 2030. The company also commits that 69.5% of its suppliers and customers, covering 46.5% of purchased goods and services and 83% of the use of sold products, will have science-based targets by 2025. Furthermore, Lam Research intends to reduce Scope 3 product emissions by 63.8% per dollar value added from a 2022 baseline by 2034.