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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