(PRESS RELEASE) MUNICH, 16-Dec-2020 — /EuropaWire/ — German semiconductor manufacturer, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is ranked among the top of the world’s most sustainable companies for the 11th time in a row following the announcement of investment specialist RobecoSAM of the company’s inclusion in the Dow Jones Sustainability™ World Index and in the Dow Jones Sustainability™ Europe Index.
“We are pleased and proud of being acknowledged as one of the top sustainable companies in the world. At the same time, it is also an encouragement to continuously develop our processes and improve our sustainability,” said Dr. Sven Schneider, Chief Financial Officer at Infineon. “At the beginning of the year, Infineon has committed itself to becoming CO 2-neutral by 2030, thus taking the next strategic step towards more climate protection. Forward-looking management, acting in an environmentally-friendly manner and social commitment are indispensable prerequisites for the resilience of Infineon and our long-term success”.
Infineon has been actively contributing to better resource management, energy efficiency and effective climate protection for years. With the help of Infineon’s products and solutions, 35 times more CO 2-emissions can be saved over their lifetime than had been created during production. Setting a carbon-neutrality goal for its own activities is a consequent and important next step in the company’s climate protection efforts. Infineon puts a clear focus on further enhancing energy efficiency and continuously reducing CO 2-emissions in its plants. The company aims to continuously reduce its footprint while growing production at the same time. Already by 2025, emissions are to be reduced by 70 percent compared with the base year 2019.
The Dow Jones Sustainability Index is a best-in-class benchmark for investors, who see sustainability as an important factor for their investment decisions. It lists the world’s leading companies from 61 industries, which are selected on the basis of their economic, environmental and social performance. Thus, it encourages companies to improve their corporate sustainability practices.
Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than €8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
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SOURCE: Infineon Technologies AG