Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy use and efficiency
• Greenhouse gas emissions
• Water management
• Waste management and reduction of hazardous materials
• Ethics and integrity
• Corporate governance
• Data privacy and cybersecurity
• Product quality
• Inclusion, diversity and non-discrimination
• Talent recruitment, development and retention
• Employee health and safety
• Supply chains

Environmental Achievements

• Installation of PFC emission abatement devices resulting in approximately 517,000 tons of avoided emissions since 2015.
• Conversion of some plant cooling systems from chillers to evaporative cooling, saving approximately 7,205,000 kWh of electricity per year.
• Utilization of chiller reject heat to warm water used in manufacturing, saving approximately 45,950 decatherms of natural gas per year.
• Various maintenance protocols and upgrades resulting in additional electricity savings of approximately 440,000 kWh per year and eliminating the use of approximately 71,000 decatherms of natural gas per year.
• Conversion of 33 vacuum pumps from an oil-based system to a dry system, resulting in a reduction of approximately 3,498,000 kWh of annual electricity consumption.
• Conversion of fluorescent bulbs to LED bulbs, expected to result in estimated energy savings of 90,000 kWh per year.

Social Achievements

• Global voluntary attrition rate of 7.3% in FY20, below the technology industry benchmark.
• Pay equity evaluation revealed that pay was equitable for over 99% of the employees reviewed.
• Over 1,300 employees attended retirement webinars and workshops, and approximately 500 engaged with a Fidelity financial planning consultant.
• Employees and contractors completed over 159,000 assigned learning hours.
• Donation of over 2,800 laptop computers to schools and educational non-profit organizations since 2018.
• Almost 100 million INR (more than $1.3 million) given to Indian charitable causes over three fiscal years (2018-2020).

Governance Achievements

• 100% completion rate for combating trafficking in persons training and prevention of forced labor training in FY20.
• 96% of smelters and refiners were certified “conflict free” under the RMAP audit process in 2019.
• Over 99% completion rate for compliance trainings, including 100% completion by directors and senior leadership.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the COVID-19 pandemic.
• Limited visibility into multi-tier supply chain.

Mitigation Strategies

• Close collaboration with suppliers and service providers to safeguard employee health and ensure continued supply.
• Supplier survey on human rights issues, achieving 100% response rate.
• Audits of significant suppliers, identifying and addressing areas for improvement.

Supply Chain Management

Supplier Audits: 3 audits conducted in FY20

Responsible Procurement

• Supplier Code of Conduct based on ILO principles
• Statement Against Slavery and Human Trafficking
• Conflict Minerals Policy
• Supplier onboarding procedures
• Contract and purchase order terms

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (Core option), SASB Semiconductors and Software & IT Services Industry Standards

Certifications: ISO 14001 (at certain sites), ISO 27001:2013 (for Customer Support infrastructure)

Sustainable Products & Innovation

• Optocoupler and fiber-optic solutions for renewable energy applications
• Isolation products for hybrid and electric vehicles

Awards & Recognition

• 2020 Women on Boards’ Winning “W” award for Board diversity

Environmental Metrics

ESG Focus Areas

• Energy use and efficiency
• Greenhouse gas emissions
• Water management
• Waste management and reduction of hazardous materials
• Inclusion, diversity and non-discrimination
• Talent recruitment, development and retention
• Employee health and safety
• Human rights/supply chain
• Ethics and integrity
• Corporate governance
• Cybersecurity and data privacy
• Product quality

Environmental Achievements

• Reduced total energy consumption by 7.3% and total Scope 1 and Scope 2 emissions by 3.6% in U.S. facilities in 2021 compared to 2020
• Water reduction of over 8%, or nearly 44 million gallons, in U.S. facilities in 2021 compared to 2020
• Fort Collins manufacturing facility recognized as a Gold Environmental Leader by the Colorado Department of Public Health & Environment and a Platinum ClimateWise Member
• Nearly 98% of all hazardous waste diverted from landfill through on-site reuse, recycling, incineration or other means at Workplace Services-managed manufacturing facilities

Social Achievements

• Launched initiative to encourage a diverse, equitable and inclusive community at Broadcom
• Global voluntary attrition rate of 6.8% in 2021, below the technology industry benchmark
• Provided 23 free on-site vaccination clinics for employees, contractors and their dependents
• Over 170,000 assigned learning hours completed in 2021

Governance Achievements

• Launched Global Compliance Ambassador program to strengthen compliance culture
• 99+% completion rate for 2021 compliance trainings
• Provided anti-corruption training to over 600 employees and contractors of partners, distributors and resellers

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19 impacting key suppliers and service providers
• Ongoing supply challenges in 2022

Mitigation Strategies

• Worked closely with supply chain to safeguard workers’ health and ensure continued supply of products and services
• Continued monitoring and engagement with supply chain to ensure human rights are protected while focusing on business continuity

Supply Chain Management

Supplier Audits: Regular audits conducted by Global Operations and Internal Audit teams (primarily remote in 2021 due to COVID-19)

Responsible Procurement

• Supplier Environmental and Social Responsibility Code of Conduct (updated in 2021 to reflect the RBA Code of Conduct)
• Conflict Minerals Policy
• Supplier onboarding procedures
• Contract and purchase order terms

Climate-Related Risks & Opportunities

Opportunities

• Developing new energy-efficient products (e.g., co-packaged optics)
• Supporting green energy systems with industrial products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001, ISO 14001

Sustainable Products & Innovation

• Co-packaged optics (CPO) solutions
• Industrial products for green energy systems

Awards & Recognition

• One of sixteen leading companies with highest percentage of women on executive teams
• Newsweek’s America’s Most Responsible Companies 2021
• Forbes 2021 World’s Best Employers and America’s Best Employers for Diversity
• Champion of Change award from Think Together

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Rights/Supply Chain
• Diversity, Equity & Inclusion
• Cybersecurity and Data Privacy
• Corporate Governance
• Product Quality

Environmental Achievements

• Reduced Scope 1 and Scope 2 (market-based) GHG emissions by 17% from 2021 levels.
• Implemented industrial water reuse project at Fort Collins facility, expected to reuse 4.7 million gallons of water per year.
• Installed five new abatement units at Fort Collins facility, resulting in Scope 1 GHG emissions reductions of 6,000 tCO₂e in 2022.

Social Achievements

• Global voluntary attrition rate of 6.5% in 2022, below the technology industry benchmark.
• 91.3% of employees said Broadcom is a great place to work in the 2022 Employee Ethical Culture Survey.
• Launched Inclusive Leadership toolkits for executives and managers to accelerate DEI.

Governance Achievements

• Published Human Rights Principles in 2022.
• 100% of employees completed annual compliance training in 2022.
• Received recognition from the U.S. Department of Homeland Security for contributions to the Joint Cyber Defense Collaborative.

Climate Goals & Targets

Environmental Challenges

• Managing climate change impacts, including wildfires and other environmental events.
• Ensuring responsible sourcing of materials throughout the global supply chain.
• Maintaining data security and privacy in a rapidly evolving cyber landscape.

Mitigation Strategies

• Implemented improved outside air filtration at Fort Collins facility to mitigate wildfire impacts.
• Established Supplier Environmental and Social Responsibility Code of Conduct.
• Implemented comprehensive information security management system policies aligned with ISO/IEC 27001 standards.

Supply Chain Management

Supplier Audits: Regular audits conducted, including worker interviews.

Responsible Procurement

• Supplier Environmental and Social Responsibility Code of Conduct
• Conflict Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks

• Supply chain disruptions due to extreme weather events.

Transition Risks

• Regulatory changes; market shifts.

Opportunities

• Development of energy-efficient products; access to new markets in green energy systems.

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 9001, ISO 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Energy-efficient semiconductor solutions; industrial products supporting green energy systems.

Awards & Recognition

• Newsweek – America’s Most Responsible Companies 2022
• Water Environmental Excellence – Platinum Award (Charlotte facility)
• Best Financially Managed Semiconductor Company (Global Semiconductor Alliance)