Western Digital Sets New Corporate Sustainability Targets and Commits to Net Zero Emissions by 2032
07 Junho 2023 - 9:30AM
Business Wire
New Targets Aim to Mitigate Impacts of Climate
Change
Western Digital Corp. (NASDAQ: WDC) today announced ambitious
new corporate sustainability targets that extend the company’s core
commitment to positively impacting its global environmental
footprint. The new targets focus on powering the company’s
operations with 100% renewable energy, achieving net zero Scope 1
and Scope 2 emissions across the company’s operations, as well as
water and waste reduction targets.
Sustainability strategies are core to Western Digital’s
business. Through thoughtful planning and execution, the company
has already set and achieved goals such as running certain
facilities on renewable energy and reducing energy consumption per
unit produced. Specifically, the company’s new target commitments
include:
- Running its global operations on 100% renewable energy
by 2030
- Achieving net zero emissions in the company’s operations
(Scope 1 and 2 emissions) by 2032
- Reducing water withdrawals by 20% by 2030
- Diverting more than 95% of our operational waste from
landfills by 2030
“Committing to these new, aggressive sustainability targets
furthers Western Digital’s priority to be a good environmental
steward and put forth data-driven goals and metrics to hold our
organization accountable for mitigating the impacts of climate
change,” said Irving Tan, Executive Vice President of Global
Operations at Western Digital. “We have already made significant
progress undertaking measures to reduce emissions, water and waste,
to leverage renewable energy as well as low-carbon product design
and packaging. These new targets reiterate our commitment to be an
industry leader in sustainability.”
Western Digital’s established sustainability program has already
set aggressive goals and has been recognized by industry
organizations. For example, the company’s goals to reduce scope 1
and 2 emissions by 42% by 2030 and reduce scope 3 use-phase
emissions/Terabyte by 50% by 2030, both from an FY2020 base year,
were approved by the Science Based Targets initiative (SBTi) in
2021, and since then the company achieved nearly 15% absolute scope
1 and 2 emissions reduction. Additionally, as a founding member of
the First Movers Coalition, Western Digital has committed to at
least 10% net-zero fuels by 2030 for ocean shipping. Western
Digital’s facilities in Shanghai, China and Penang, Malaysia have
been recognized by the World Economic Forum’s Lighthouse Network as
Sustainability Lighthouses.
“As sustainability becomes a business priority for
organizations, companies that commit to and show progress towards
achieving actionable sustainability targets will be recognized as
sustainability leaders in the industry,” said Curtis Price, VP
Sustainability Research at IDC. “Western Digital’s new commitment
in the areas of net zero emissions, water and waste reduction and
renewable energy, exemplifies the company’s dedication to reducing
the impact of its business operations on the planet and paving the
way for other companies to follow suit.”
To learn more about Western Digital’s sustainability activities,
please visit the Western Digital sustainability website.
About Western Digital
Western Digital is on a mission to unlock the potential of data
by harnessing the possibility to use it. With Flash and HDD
franchises, underpinned by advancements in memory technologies, we
create breakthrough innovations and powerful data storage solutions
that enable the world to actualize its aspirations. Core to our
values, we recognize the urgency to combat climate change and have
committed to ambitious carbon reduction goals approved by the
Science Based Targets initiative. Learn more about Western Digital
and the Western Digital®, SanDisk® and WD® brands at
www.westerndigital.com.
© 2023 Western Digital Corporation or its affiliates. All rights
reserved.
Western Digital, the Western Digital design, the Western Digital
logo, SanDisk, and WD are registered trademarks or trademarks of
Western Digital Corporation or its affiliates in the US and/or
other countries. All other marks are the property of their
respective owners.
Forward Looking Statements
This news release contains forward-looking statements within the
meaning of federal securities laws, including statements regarding
expectations for the achievability and impact of the company’s
sustainability targets. These forward-looking statements are based
on management’s current expectations and are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in the forward-looking statements.
Key risks and uncertainties include volatility in global economic
conditions; future responses to and effects of the COVID-19
pandemic or other similar global health crises; impact of business
and market conditions; the outcome and impact of our ongoing
strategic review, including with respect to customer and supplier
relationships, regulatory and contractual restrictions, stock price
volatility and the diversion of management’s attention from ongoing
business operations and opportunities; impact of competitive
products and pricing; our development and introduction of products
based on new technologies and expansion into new data storage
markets; risks associated with cost saving initiatives,
restructurings, acquisitions, divestitures, mergers, joint ventures
and our strategic relationships; difficulties or delays in
manufacturing or other supply chain disruptions; hiring and
retention of key employees; our level of debt and other financial
obligations; changes to our relationships with key customers;
compromise, damage or interruption from cybersecurity incidents or
other data system security risks; actions by competitors; risks
associated with compliance with changing legal and regulatory
requirements and the outcome of legal proceedings; and other risks
and uncertainties listed in the company’s filings with the
Securities and Exchange Commission (the “SEC”) and available on the
SEC’s website at www.sec.gov, including our Form 10-K filed with
the SEC on August 25, 2022, to which your attention is directed.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date hereof, and the company
undertakes no obligation to update or revise these forward-looking
statements to reflect new information or events, except as required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230607005017/en/
Western Digital Contacts: Robin Schultz Western Digital
Public Relations 1-408-573-5043 robin.schultz@wdc.com
T. Peter Andrew Western Digital Investor Relations
1-949-672-9655 peter.andrew@wdc.com
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