IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

Qualcomm targets net zero emissions by 2040

The firm plans to meet its sustainability target through three long-term goals

Qualcomm has announced plans to achieve net zero Scope 1, 2, and 3 emissions by 2040.

The company also pledged to support Business Ambition for 1.5°C, a campaign led by Science Based Targets Initiative (SBTi) in partnership with the UN Global Compact and We Mean Business coalition.

Qualcomm’s ambitious sustainability plans complement its existing greenhouse gas (GHG) emissions reduction goal, including interim 2030 science-based emissions reduction targets across Scopes 1, 2, and 3.

"Our net zero goal and commitment to SBTi reflects our belief that environmental sustainability is absolutely imperative, with significant social and economic benefits that require collective action and leadership from Qualcomm and other corporate citizens," said Cristiano Amon, president and chief executive officer at Qualcomm Incorporated.

Qualcomm has set three long-term goals to reduce GHG emissions: reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030; cut absolute Scope 3 GHG emissions by 25% by 2030; and reach net-zero global emissions for Scopes 1, 2, and 3 by 2040.

The firm has already taken steps to meet these long-term goals by opting for 100% renewable energy at its San Diego headquarters.

In line with its strategy, Qualcomm will transition to renewable energy via long-term power purchase agreements (PPAs), decarbonize its operations, and use a minimum amount of renewable energy credits (RECs) and carbon offsets for residual emissions.

Related Resource

The future of productivity

Driving your business forward with Microsoft Office 365

Woman with glasses typing on a laptop at a deskFree download

Qualcomm also underscored the economic and sustainability benefits of 5G, stating its increased adoption could reduce GHG emissions by 374 million metric tons, which is equivalent to taking 81 million passenger vehicles off US roads for a year.

“5G technologies and products will be instrumental in driving an environmentally sustainable future. We're working with our partners and customers to reduce emissions footprints, conserve resources and harness the sustainability benefits of 5G globally," added Amon.

Featured Resources

Activation playbook: Deliver data that powers impactful, game-changing campaigns

Bringing together data and technology to drive better business outcomes

Free Download

In unpredictable times, a data strategy is key

Data processes are crucial to guide decisions and drive business growth

Free Download

Achieving resiliency with Everything-as-a-Service (XAAS)

Transforming the enterprise IT landscape

Free Download

What is contextual analytics?

Creating more customer value in HR software applications

Free Download

Recommended

CEOs place sustainability in top 10 business priorities for first time, study shows
sustainability

CEOs place sustainability in top 10 business priorities for first time, study shows

19 May 2022
IT sector urged to take advantage of sustainability "cash cow"
sustainability

IT sector urged to take advantage of sustainability "cash cow"

13 May 2022
Qualcomm and Mediatek flaws left millions of Android users at risk
Security

Qualcomm and Mediatek flaws left millions of Android users at risk

22 Apr 2022
Podcast transcript: Making data centres green again
data centres

Podcast transcript: Making data centres green again

4 Mar 2022

Most Popular

Europe's first autonomous petrol station opens in Lisbon
automation

Europe's first autonomous petrol station opens in Lisbon

23 May 2022
Nvidia pauses hiring to help cope with inflation
Careers & training

Nvidia pauses hiring to help cope with inflation

23 May 2022
Open source packages with millions of installs hacked to harvest AWS credentials
hacking

Open source packages with millions of installs hacked to harvest AWS credentials

24 May 2022