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How to Embed ESG Values Into The Computer Chip Value Chain

by | Dec 14, 2022

Summary

The semiconductor industry has the potential to fight climate change and galvanize environmental, social and governance (ESG) goals into everyday realities. However, change must start from the source, and the semiconductor industry must look at its own origins to facilitate an environmentally friendly future.

Businesses around the world are recognizing it is more critical than ever to incorporate environmental, social and governance (ESG) principles into everyday practices. The semiconductor (or chip) industry plays a vital role in enabling technology that will help address climate change, facilitate the sharing of information, connect the world, bring cultures together and build global knowledge.

At the same time, the chip industry must also take ESG into account when making business decisions. During the World Economic Forum’s annual meeting earlier this year, it was encouraging to see that members agreed on the need for a more geographically balanced, resilient and sustainable semiconductor supply chain. ESG is foundational to this goal.

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World Economic Forum

William Crane, CEO of IndustryStar, an Ann Arbor, Michigan-based on-demand supply chain services and software technology company that partners with mobility leaders to reduce the cost, time and risk of bringing new vehicles, modules and components to market. William is a trusted advisor in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing organizations. His work has appeared frequently in the Institute for Supply Management, Sourcing Industry Group, Disruptor.com and Modern Material Handling. William’s passion for bringing technologies to market that have a positive impact on the world can be found via his blog Supply Chain for Tomorrow’s Technology. William is also Host of the Supply Chain Innovation podcast where he interviews top change-makers to uncover strategies, tips, and tools for improving new product launches.

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