Credo Completes First GHG Emissions Calculation, Strengthens Commitment to Environmental Sustainability
Credo Technology Group (NASDAQ: CRDO) has completed its first Greenhouse Gas (GHG) emissions and carbon footprint calculation for 2023, partnering with environmental consultancy Minimum. The assessment focused on Scope 1 and Scope 2 emissions, covering direct office emissions and indirect emissions from purchased electricity and heating. The company has already transitioned its San Jose facilities to 100% renewable energy sources.
CEO Bill Brennan emphasized this as a pivotal year for understanding and reducing their environmental footprint. The company's high-performance connectivity solutions are designed for low power consumption, improving data center energy efficiency. Credo plans to share additional details on sustainability initiatives in its upcoming Environmental Social Governance (ESG) report.
Credo Technology Group (NASDAQ: CRDO) ha completato il suo primo calcolo delle emissioni di gas a effetto serra (GHG) e dell'impronta di carbonio per il 2023, collaborando con la consulenza ambientale Minimum. La valutazione si è concentrata sulle emissioni di Scopo 1 e Scopo 2, coprendo le emissioni dirette degli uffici e le emissioni indirette derivanti dall'elettricità e dal riscaldamento acquistati. La società ha già trasformato le proprie strutture di San Jose in fonti di energia rinnovabile al 100%.
Il CEO Bill Brennan ha sottolineato che quest'anno è cruciale per comprendere e ridurre il loro impatto ambientale. Le soluzioni di connettività ad alte prestazioni dell'azienda sono progettate per un basso consumo energetico, migliorando l'efficienza energetica dei data center. Credo prevede di condividere ulteriori dettagli sulle iniziative di sostenibilità nel suo prossimo rapporto su Governance Ambientale e Sociale (ESG).
Credo Technology Group (NASDAQ: CRDO) ha completado su primer cálculo de emisiones de gases de efecto invernadero (GHG) y huella de carbono para 2023, en colaboración con la consultoría ambiental Minimum. La evaluación se centró en las emisiones de Alcance 1 y Alcance 2, abarcando las emisiones directas de las oficinas y las emisiones indirectas derivadas de la electricidad y la calefacción compradas. La compañía ya ha trasladado sus instalaciones de San José a fuentes de energía renovable al 100%.
El CEO Bill Brennan enfatizó que este es un año crucial para comprender y reducir su huella ambiental. Las soluciones de conectividad de alto rendimiento de la compañía están diseñadas para un bajo consumo de energía, mejorando la eficiencia energética de los centros de datos. Credo planea compartir más detalles sobre iniciativas de sostenibilidad en su próximo informe de Gobernanza Social y Ambiental (ESG).
Credo Technology Group (NASDAQ: CRDO)는 환경 컨설팅 회사인 Minimum과 협력하여 2023년 첫 번째 온실가스(GHG) 배출량 및 탄소 발자국 계산을 완료하였습니다. 평가는 범위 1 및 범위 2 배출량에 초점을 맞추어, 사무실의 직접 배출량과 구입한 전기 및 난방에서 발생하는 간접 배출량을 포함했습니다. 이 회사는 이미 샌호세에 있는 시설을 100% 재생 가능 에너지로 전환했습니다.
CEO인 빌 브레넌은 이것이 그들의 환경 발자국을 이해하고 줄이기 위한 중대한 해라는 점을 강조했습니다. 회사의 고성능 연결 솔루션은 저전력 소비를 위해 설계되어 데이터 센터의 에너지 효율성을 개선합니다. Credo는 다가오는 환경 사회 거버넌스(ESG) 보고서에서 지속 가능성 이니셔티브에 대한 추가 세부정보를 공유할 계획입니다.
Credo Technology Group (NASDAQ: CRDO) a complété son premier calcul des émissions de gaz à effet de serre (GES) et de son empreinte carbone pour 2023, en partenariat avec le cabinet de conseil environnemental Minimum. L'évaluation s'est concentrée sur les émissions de portée 1 et 2, englobant les émissions directes des bureaux et les émissions indirectes liées à l'électricité et au chauffage achetés. L'entreprise a déjà converti ses installations de San Jose en sources d'énergie renouvelable à 100%.
Le PDG Bill Brennan a souligné que cette année est cruciale pour comprendre et réduire leur empreinte environnementale. Les solutions de connectivité haute performance de l'entreprise sont conçues pour consommer peu d'énergie, améliorant ainsi l'efficacité énergétique des centres de données. Credo prévoit de partager des détails supplémentaires sur ses initiatives de durabilité dans son prochain rapport sur la gouvernance environnementale et sociale (ESG).
Credo Technology Group (NASDAQ: CRDO) hat seine erste Berechnung der Treibhausgasemissionen (GHG) und des CO2-Fußabdrucks für 2023 abgeschlossen und dabei mit der Umweltberatung Minimum zusammengearbeitet. Die Bewertung konzentrierte sich auf Scope 1 und Scope 2 Emissionen, die direkte Büroemissionen sowie indirekte Emissionen aus gekauftem Strom und Heizung abdeckten. Das Unternehmen hat bereits seine Einrichtungen in San Jose auf 100% erneuerbare Energie umgestellt.
CEO Bill Brennan betonte, dass dies ein entscheidendes Jahr sei, um ihren ökologischen Fußabdruck zu verstehen und zu reduzieren. Die hochleistungsfähigen Konnektivitätslösungen des Unternehmens sind für einen geringen Energieverbrauch ausgelegt und verbessern die Energieeffizienz von Rechenzentren. Credo plant, weitere Details zu seinen Nachhaltigkeitsinitiativen in seinem kommenden Bericht zur Umwelt-, Sozial- und Unternehmensführung (ESG) zu teilen.
- None.
- None.
This comprehensive GHG report, created in collaboration with environmental consultancy Minimum, marks a significant step forward in the company’s journey towards improved environmental sustainability. (Graphic: Credo)
Targeting direct office emissions as well as indirect emissions from purchased electricity and heating, the report calculation concentrated on Scope 1 and Scope 2 emissions. Credo acknowledges the environmental issues facing the semiconductor sector, especially with relation to energy-intensive procedures. To read about our scope 1 and 2 emissions, visit here: 2024 Credo GHG Report
“This year has been pivotal in laying the groundwork to understand and reduce our environmental footprint,” said Bill Brennan, CEO of Credo. “Our high-performance connectivity solutions are optimized for low power, enhancing energy efficiency in data centers around the world. Alongside these innovations, we’ve transitioned our
By setting these sustainability goals and leading by example, Credo encourages other industry leaders to join the effort toward a sustainable future. Additional details on Credo’s sustainability initiatives and GHG reporting plans will be shared in its upcoming Environmental Social Governance (ESG) report.
About Credo
Our mission is to deliver high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. Credo is an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Our innovations ease system bandwidth bottlenecks while simultaneously improving on power, security, and reliability. Our connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100G (or Gigabits per second), 200G, 400G, 800G and the emerging 1.6T (or Terabits per second) port markets. Credo products are based on our proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Our product families include Integrated Circuits (ICs) for the optical and line card markets, Active Electrical Cables (AECs) and SerDes Chiplets. Our intellectual property (IP) solutions consist primarily of SerDes IP licensing.
For more information, please visit https://www.credosemi.com. Follow Credo on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241118346647/en/
Media Contact:
Diane Vanasse
diane.vanasse@credosemi.com
Investor Contact:
Dan O’Neil
dan.oneil@credosemi.com
Source: Credo Technology Group Holding Ltd
FAQ
What did Credo's (CRDO) first GHG emissions calculation in 2023 cover?
Has Credo (CRDO) implemented any renewable energy initiatives in 2023?
What environmental consulting firm partnered with Credo (CRDO) for their GHG report?
How is Credo (CRDO) addressing energy efficiency in data centers?
