FREMONT,
Calif., Dec. 14, 2023 /PRNewswire/ -- Lam Research
Corp. (Nasdaq: LRCX) today announced that it has been included on
the prestigious 2023 Dow Jones Sustainability Index (DJSI) for
North America. The achievement
reflects Lam's dedication to environmental, social and governance
(ESG) excellence.
"We believe in acting with purpose for a
better world," said Stacey MacNeil,
CCHO & ESG group VP, Lam Research.
"We believe that, as industry leaders, we have a responsibility
to act with purpose for a better world," said Stacey MacNeil, chief communications officer and
group vice president of ESG at Lam Research. "We are extremely
proud to be consistently listed on the Dow Jones Sustainability
Index for North America. This
achievement stems from Lam's demonstrated values of accountability
and integrity as we continue to integrate ESG principles across all
areas of our business."
The Dow Jones Sustainability Indices, including DJSI North
America, are float-adjusted market capitalization weighted indices
that measure the performance of companies selected using ESG
criteria. The DJSI were launched in 1999 as the pioneering series
of global sustainability benchmarks available in the market. The
DJSI North America comprises sustainability leaders across
industries as identified by S&P Global through the Corporate
Sustainability Assessment (CSA). It represents the top performers
of the largest 600 North American companies in the S&P Global
BMI based on long-term economic, environmental and social
criteria.
Lam's inclusion on the index places it among North American
corporate sustainability leaders. Lam's 2023 DJSI North America
rating was driven in large part by the company's strong business
ethics, health and safety practices, and demonstrated transparency
in ESG reporting, including disclosure of waste generation, and
water and energy usage.
Lam aspires to advance responsible policies, processes,
products, and relationships to build a more sustainable future as
it continues to transform the world through technology. This
includes becoming the first U.S.-based semiconductor equipment
manufacturer to have its near-term emissions reduction targets
approved by the Science Based Targets initiative. More information
on Lam's ESG results and accomplishments, which include exceeding
the company's 2025 goals for water savings as well as surpassing
its 2025 goal for employee volunteer hours in 2022, can be found in
Lam's 2022 ESG Report.
Media Resources:
- Lam's 2022 ESG Report
- Lam's Net Zero Strategy
About Lam Research
Lam Research Corporation is a
global supplier of innovative wafer fabrication equipment and
services to the semiconductor industry. Lam's equipment and
services allow customers to build smaller and better performing
devices. In fact, today, nearly every advanced chip is built with
Lam technology. We combine superior systems engineering, technology
leadership, and a strong values-based culture, with an unwavering
commitment to our customers. Lam Research (Nasdaq: LRCX) is a
FORTUNE 500® company headquartered in Fremont, Calif., with operations around the
globe. Learn more at www.lamresearch.com.
Caution Regarding Forward-Looking
Statements
Statements made in this press release
that are not of historical fact are forward-looking statements and
are subject to the safe harbor provisions created by the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements relate to, but are not limited to: our dedication to ESG
excellence; our responsibility to act with purpose for a better
world; our continued listing in the DJSI North America; the
continued integration of ESG principles across our business; our
business ethics, health and safety practices; the transparency of
our ESG reporting; our aspirations to advance responsible policies,
processes, products, and relationships; our transformation of the
world through technology; and our targets with respect to
emissions reduction, water savings, volunteerism, and other ESG
goals. Some factors that may affect these forward-looking
statements include: trade regulations, export controls, trade
disputes, and other geopolitical tensions may inhibit our ability
to sell our products; business, political and/or regulatory
conditions in the consumer electronics industry, the semiconductor
industry and the overall economy may deteriorate or change; the
actions of our customers and competitors may be inconsistent with
our expectations; supply chain cost increases and other
inflationary pressures have impacted and are expected to continue
to impact our profitability; supply chain disruptions or
manufacturing capacity constraints may limit our ability to
manufacture and sell our products; and natural and human-caused
disasters, disease outbreaks, war, terrorism, political or
governmental unrest or instability, or other events beyond our
control may impact our operations and revenue in affected areas; as
well as the other risks and uncertainties that are described in the
documents filed or furnished by us with the Securities and Exchange
Commission, including specifically the Risk Factors described in
our annual report on Form 10–K for the fiscal year
ended June 25, 2023 and quarterly
report on Form 10-Q for the fiscal quarter ended September 24, 2023. These uncertainties and
changes could materially affect the forward-looking statements and
cause actual results to vary from expectations in a material way.
The Company undertakes no obligation to update the information or
statements made in this release.
Company Contacts:
Laura
Bakken
Media Relations
(510) 572-9021
publicrelations@lamresearch.com
Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com
Source: Lam Research Corporation, (Nasdaq: LRCX)
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