{"id":793601,"date":"2024-12-10T02:13:05","date_gmt":"2024-12-10T07:13:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/umcs-collaboration-with-suppliers-to-build-a-sustainable-supply-chain-contributes-to-2-64-million-tons-of-carbon-reduction\/"},"modified":"2024-12-10T02:13:05","modified_gmt":"2024-12-10T07:13:05","slug":"umcs-collaboration-with-suppliers-to-build-a-sustainable-supply-chain-contributes-to-2-64-million-tons-of-carbon-reduction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/umcs-collaboration-with-suppliers-to-build-a-sustainable-supply-chain-contributes-to-2-64-million-tons-of-carbon-reduction\/","title":{"rendered":"UMC\u2019s Collaboration with Suppliers to Build a Sustainable Supply Chain Contributes to 2.64 Million Tons of Carbon Reduction"},"content":{"rendered":"

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UMC\u2019s Collaboration with Suppliers to Build a Sustainable Supply Chain Contributes to 2.64 Million Tons of Carbon Reduction<\/b><\/p>\n

HSINCHU, Taiwan–(BUSINESS WIRE<\/a>)–
\nUnited Microelectronics Corporation (NYSE: UMC; TWSE: 2303)(\u201cUMC\u201d), a leading semiconductor foundry, today held its Low-Carbon Supply Chain Awards Ceremony, in which 16 suppliers were recognized for their performance in reducing greenhouse gas emissions. UMC launched its Supply Chain Greenhouse Gas Inventory Initiative in 2022 to provide suppliers with resources to measure and reduce their greenhouse gas emissions. Since then, global sites of UMC\u2019s suppliers have reduced a total of 2.64 million tons of emissions.<\/p>\n

\nSC Chien, UMC\u2019s Co-President and Chief Sustainability Officer, said, \u201cWith global average temperatures rising year after year, corporations must step up efforts to curb greenhouse gas emissions to ensure the sustainability of our planet. In 2023, UMC achieved significant progress in cutting emissions from our operations and established more ambitious reduction targets, demonstrating our commitment to sustainable development and climate action. Furthermore, we are collaborating with our suppliers to target 20% reduction in supply chain emissions by 2030, contributing to the low-carbon transition of our industry.\u201d<\/p>\n

\nTS Wu, Vice President of UMC, said, \u201cAt UMC, we believe sustainable development is a cornerstone of our business operations. While companies must first act to decarbonize their own operations, extensive collaboration across the supply chain is also necessary. Since 2022, UMC has been assisting suppliers with conducting their greenhouse gas emissions inventory, and more than 300 have completed their inventory to date. We take this opportunity to applaud our suppliers for their participation and we look forward to advancing our shared environmental sustainability goals together.\u201d<\/p>\n

\nUMC invited suppliers to join its Triple R League program in 2017, which promoted reducing consumption and the reuse and recycling of resources in the supply chain. In 2022, UMC launched the Supply Chain Greenhouse Gas Inventory Initiative to provide resources to suppliers and share the company\u2019s own experience from its net zero journey so far.<\/p>\n

2024 Low-Carbon Supply Chain Awards winners:<\/b><\/p>\n

Carbon Reduction Leadership Award<\/b><\/p>\n