BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability report. This report details Micron’s sustainability advancements, highlighting its award-winning efforts and reinforcing its commitment to sustainability and cutting-edge technology.
Micron’s dedication to its environmental goals has yielded substantial progress. In 2023, the company reduced scope 1 greenhouse gas emissions by 11% compared to its 2020 baseline. The company is on track to source 100% renewable electricity in the U.S. by the end of 2025. Micron also maintained 100% renewable electricity use in Malaysia, achieved 100% renewable electricity for operations in mainland China in the last quarter of calendar year 2023, and expanded renewable energy efforts in Singapore, Taiwan and other locations.Micron remains steadfast in building a diverse workforce and inclusive team culture. The company engaged in critical partnerships with educational and government institutions around the world to expand the global applicant pool of diverse and exceptional talent. Membership in the company’s 10 actively engaged employee resource groups (ERGs) grew to more than 47% of its global workforce in fiscal year 2023 (FY23), representing a broad cross-section of the company across all geographies.In 2023, the Micron Foundation invested more than $11 million in STEM education and community enrichment initiatives, with nearly $2.5 million directed through team member matching gifts. Micron’s robust culture of giving is demonstrated by more than 80% of team members participating in giving or volunteering activities and logging more than 200,000 volunteer hours in 2023.Micron continues to set reduced power consumption benchmarks for the industry with its latest product innovations. Building on this trend, Micron’s new high-bandwidth memory solution (HBM3E) demonstrates Micron’s leadership in energy efficiency without sacrificing superior performance. Customers continue to provide strong feedback highlighting that Micron’s HBM3E memory leads the industry with ~30% reduction in power consumption compared to competitive offerings. With pin speed greater than 9.2 gigabits per second (Gb/s), Micron HBM3E delivers more than 1.2 terabytes per second (TB/s) of memory bandwidth, enabling lightning-fast data access for AI accelerators, supercomputers and data centers. Additionally, Micron was first to market with its low-power memory solution, LPCAMM2 for AI-powered PCs and the LPDDR5X for AI-ready mobile devices. Both solutions are designed to deliver exceptional performance with reduced energy usage. For more information, read Micron’s 2024 sustainability report.We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life forErica Rodriguez Pompen
Micron Technology, Inc.
+1 (408) 834-1873
[email protected] Kumar
Micron Technology, Inc.
+1 (408) 450-6199
[email protected]
(GlobeNewsWire)