Climate action roadmap

The semiconductor industry and its suppliers, including Comet, are facing various challenges in connection with climate change. Semiconductor fabrication consumes significant amounts of electricity, water and process gases, resulting in a considerable carbon footprint. Furthermore, demand for microchips is forecast to increase by about 9% annually from 2023 to 2030, which will further increase the environmental footprint of production. In important markets such as the automotive, aerospace and security industries, there is also a need to reduce climate-harming emissions.

In the semiconductor industry, Comet’s key market, manufacturers are focusing on innovative production processes and the use of gases with a lower greenhouse potential in order to reduce the carbon footprint. Semiconductor manufacturers are pursuing ambitious environmental strategies, such as the use of 100% renewable electricity in the short term or the goal of reducing emissions to net zero by 2050.

To achieve their climate targets, semiconductor manufacturers are involving their suppliers in efforts to reduce their greenhouse gas footprint. For Comet, this results in the need, in addition to the will, to make a contribution to lowering greenhouse gas emissions.