A milestone achievement toward a more sustainable future

A milestone achievement toward a more sustainable future

For over four decades, Lam Research has been diligently engineering technologies that have helped to shape our connected world, powering ever smaller, faster, smarter innovations. Although you may not see them, Lam's products and services will touch the lives of nearly every person on the planet in some way. With this, we feel a heightened responsibility to invest in our people, innovate sustainably, reduce our carbon impact and give back to the communities in which we operate.

Today, we are proud to announce that we have achieved a new milestone in our journey to help build a more sustainable future: Lam has been named to the Dow Jones Sustainability Index for North America (DJSI North America).

Launched in 1999, the Dow Jones Sustainability Indices (DJSI) are among the world's leading benchmarks for corporate sustainability. Our addition to the 2021 DJSI North America list signifies that Lam ranks in the top 20% of sustainability performers among the 600 largest companies in the United States and Canada.

This recognition highlights the tremendous progress Lam has made across its environmental, social, and governance (ESG) initiatives. From improving the sustainability of our operations and elevating diversity and inclusion as an area of strategic focus in the development of our workforce, to increasing the rigor of our cybersecurity and ethics practices, Lam is making significant strides and we are exceedingly proud of our achievements.

In many ways, though, this is only the beginning. In the coming months, we will be outlining our plans to achieve the ambitious sustainability goals we set in 2021: to operate on 100% renewable energy by 2030 and reduce our carbon footprint to net zero by 2050, and we will continue our efforts to develop a more diverse and inclusive workforce that paves the way for future innovation in our industry and drives positive societal impact.

For more insight into our ESG programs and goals, I encourage you to read Lam's 2020 Annual ESG report and keep checking back here as we share new updates about our sustainability journey.