NXP is a global company that specialises in the production of semiconductors, whose mission is to make the world safer and more interconnected through technological innovation. NXP has set a number of ESG goals, including that of being carbon neutral by 2035, with an intermediary goal of a 35% reduction in carbon emissions by 2027. NXP has also committed to the SBTi.
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Renewable energy consumption meter

NXP has been sourcing electricity that is 100% renewable, and tracked through EACs, for their consumption in 2022, 2023 and 2024, for their locations in China, Thailand, Malaysia, and the Netherlands.

 

 

 

 

The production of renewable electricity is certified by Energy Attribute Certificates (EACs). These are the accepted legal instrument through which claims of renewable energy generation and consumption are substantiated in the global renewable energy market. There are different types of EAC for different regions of the world, and they are all in compliance with the quality criteria set by the Greenhouse Gas Protocol in the latest Scope 2 guidance document.

NXP’s RENEWABLE ENERGY SOURCING PHILOSOPHY

Besides promoting more sustainable solutions in every aspect of their operations, NXP is also fully committed to a number of different sustainability and ESG related targets.

In 2022, NXP published their carbon neutrality commitment and submitted a commitment letter to the Science Based Targets initiative (SBTi), and developed a comprehensive roadmap for their path to a more sustainable way of operating.

In 2022, NXP had a total of 35% renewable energy use, with a 50% target set for 2027. Likewise, their 2027 target of 35% reduction in scope 1 and 2 carbon footprint (2021 Baseline) is supported by procuring EACs from World Kinect Energy Services from power producers in China, Thailand, Malaysia and Norway.

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