Advanced Micro Devices

"The net zero target of Advanced Micro Devices (AMD) is a 50 percent reduction in GHG emissions from its operations (scope 1 and 2) by 2030, using 2020 as the base year. Net Zero Tracker
This target does not cover historical emissions and AMD has not specified what gases are covered by its target. Net Zero Tracker
An interesting fact about AMD's environmental policy is that they have set 2020-2025 goals to increase product energy efficiency, encourage manufacturing suppliers to adopt renewable energy, and to set their own public GHG goal. Net Zero Tracker
In addition, you can check out …"

Current Score (vs. LY)

58.0 pts (2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #45

S&P100: #29

Information Technology: #11

85.0%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

37.4%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

58.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 2,8922,3353,358
Scope 2 - location-based 38,95647,79750,610
Scope 2 - market-based 21,73330,55230,725
Scope 1-2 - location-based 41,84850,13253,968
Scope 1-2 - market-based 24,625 32,887 34,083
Scope 3 11,563,2295,690,889987,039
Total - location-based 11,605,0775,741,0211,041,007
Total - market-based 11,587,854 5,723,776 1,021,122

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 16,644,75711,587,854
Methodology Previous year intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Advanced Micro Devices belongs to the sector Information Technology.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2LOC 50.0 2020 2030

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/06/2016

Near-term Long-Term Net Zero Standard
Targets Set : Well-below 2°C by 2020 No target No

Multinational semiconductor company AMD commits to reduce scope 1 and 2 emissions 20% by 2020 from a 2014 base-year. AMD also commits to improve the compute performance per watt of energy consumed by their mobile APU processors by 2500% by 2020 from a 2014 base-year. AMD also has a goal for suppliers' wafer foundry scope 1 emissions to stay 30% below the Semiconductor Industry Association average, and for wafer foundry electricity use to stay 40% below the industry average, using a normalized manufacturing index

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Advanced Micro Devices by zerotracker.net: Feb. 22, 2023
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • No conditions specified
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: Credits: AMD has designated annual budget for renewable energy credit purchases to reduce market-based scope 2 emissions. The budget is informed by our long-term GHG reduction goal, annual electricity use and scope 2 GHG target (market based) to remain on-track for the goal, and market pricing for RECs. https://www.amd.com/system/files/documents/amd-climate-cdp-survey-2022.pdf

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 7.5 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 25.5 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 3.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 4.4558083221818645 10.0 0.0
7 Targets are science-based as validated by SBTi 7.5 10.0 0.0
Commitments 14.955808322181865 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 10.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 7.5 10.0 2.5
Results 17.5 30.0 2.5
Total 58.0 100.0 2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 0.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 8.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 4.5
4.5 / 5.0 4.5 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 7.5 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 5.0
Actual (in %): 16.5
5.0 / 5.0 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 4.5
Actual (in %): 16.5
5.0 / 5.0 5.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.9°C 7.5 / 10.0 5.0 2.5 0.0
Total 58.0 / 100.0 55.5 2.5 8.0


Available Data Sources

Reporting Year 2021 2021 2020 2019
Source Public Yourstake Public Public
Publication Year 2022 unknown 2022 2022
Scope 1 2,892 2,892 2,335 3,358
Scope 2 - location-based 38,956 38,956 47,797 50,610
Scope 2 - market-based 21,733 21,733 30,552 30,725
Scope 1-2 - location-based 41,848 41,848 50,132 53,968
Scope 1-2 - market-based 24,625 24,625 32,887 34,083
Scope 3 11,563,229 12,241,304 5,690,889 987,039
Total - location-based 11,605,077 12,283,152 5,741,021 1,041,007
Total - market-based 11,587,854 12,265,929 5,723,776 1,021,122

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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