Wireless technology company Qualcomm announced a series of 2025 corporate responsibility targets, serving as interim steps towards the company’s “2030 Vision” sustainability roadmap, which aligns with the UN Sustainable Development Goals (SDGs). The new sustainability goals were announced along with the release of the company’s 2020 Corporate Responsibility Report.
Qualcomm stated that its corporate responsibility priorities include four areas where it believes it can make the greatest impact: “Purposeful Innovation, STEM Education, Responsible Business and Our People.”
Steve Mollenkopf, Chief Executive Officer, Qualcomm Incorporated, said:
“We have had many successes over the last year despite the unforeseen challenges of 2020. As we continue to work toward our 2030 Vision, I am proud to report we successfully met or exceeded our 2020 corporate responsibility goals.
“As we look forward, we have established 2025 quantitative targets and are focused on building a more diverse workforce, being a responsible corporate citizen, integrating sustainability into every aspect of our business and using the Company’s breakthrough technologies to transform industries, help build a more resilient economy, and catalyze social change for billions of people across the globe.”
Qualcomm’s new 2025 goals encompass factors including environmental impact, diversity and inclusion, supply chain management and STEM education. Environmental and supply chain targets include goals to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 30% from global operations, reduce power consumption in the flagship Qualcomm Snapdragon Mobile Platform products by 10% annually, and a commitment to ensure that all primary semiconductor manufacturing suppliers are audited every 2-years for conformance to the Supplier Code of Conduct. The company also introduced targets to increase representation of women and of underrepresented minorities (URM) in leadership by 15%, and of URM overall by 20%. Qualcomm also pledged to inspire 1.5 million students and teachers across the globe through STEM initiatives.
Akash Palkhiwala, Executive Vice President and Chief Financial Officer, Qualcomm Incorporated, said:
“In the year ahead, we will start working toward achieving our newly launched 2025 corporate responsibility targets, prioritizing environment, diversity and inclusion, and reporting. Among these, we will continue to address and improve our environmental performance through greenhouse gas reduction strategies, reduce power consumption, and work to build a more diverse workforce.”