Lam Research

Semiconductors
LRCX
$ 472 (1.1)%
Share price
$ 65 bn
Market Cap
$ 67 bn
Enterprise Value

Carbon footprint

1.7 Ton
GHG emissions per $ 1 mln investment
0.06x the weighted average for S&P 500
FY2020
How is this calculated?
-4.2%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-4.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Lam Research aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2019


This target has not been verified as science based according to SBTi
Lam Research's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

Lam Research aims to achieve carbon neutrality for all Scopes by 2050


This target has not been verified as science based according to SBTi
Lam Research's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Lam Research's GHG emissions (market-based) (Kt of CO2e)
Lam Research's Carbon intensity (Tons per 1 USDm)

Lam Research's carbon footprint

Lam Research reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 113 Kt (-5 /-4.2% y-o-y). Also positively, carbon intensity declined to 9.5 t (-2.9 /-23.4% y-o-y).

Lam Research's Scope 3 emissions took off to 2,900 Kt (+2,877/+12479% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2019, which translates into the estimated reduction of -4.9 Kt per annum over the period of FY2021 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving carbon neutrality for all Scopes by 2050, which translates into the estimated reduction of -100 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Lam Research aims to achive carbon neutrality across its entire value chain (all Scopes) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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