The sixth annual Corporate Social Responsibility (CSR) report, published last week, updates Lam’s progress in 2019 against each of the six pillars that comprise our CSR strategy.
Business and Governance: Lam emphasized financial performance while further integrating CSR into business operations to drive a sustainable future and outside organizations are beginning to take notice. In 2019 the company was listed on Newsweek’s America’s Most Responsible Companies and Barron’s 100 Most Sustainable Companies.
Our longer-term strategy includes commitments to globally recognized goals and standards. In 2019, Lam selected five of the 17 United Nation’s Sustainable Development Goals (SDGs) that align with our CSR strategy and help guide our long-term goals.
Products and customers: Part of enabling the future of technology is ensuring that future is sustainable. Investing in innovation to fuel progress and collaborate with customers to mitigate the environmental impacts of our products is a key goal. In 2019 we:
Our Workplace: Employees are at the heart of our success. Focusing on employee engagement, inclusion and diversity, professional development, recognition, safety, and wellness is helping create an engaged, diverse, and thriving workplace. In 2019 Lam:
Responsible supply chain: Lam works closely with suppliers to address issues such as human rights, supplier diversity, environmental impact, and mineral sourcing. Suppliers are expected to uphold the same core values and adhere to Lam’s Global Supply Chain Code of Conduct. In 2019 the company:
Sustainable operations: Since 2015, the company has strived to attain global goals around energy efficiency, greenhouse gas emissions reductions, water conservation, and waste reduction. All of Lam’s 2020 environmental goals were achieved. But we won’t stop there, as the current goals expired, the company set new environmental goals for energy, greenhouse gas emissions, waste, and water. 2019 accomplishments included:
Our communities: Lam’s community initiatives include grants, scholarships, and programs that engage employees in giving back. In 2019 Lam:
The full report is available on our website. You can also watch a video overview of the results we have achieved by clicking the image below.