Qorvo, Inc.
Climate Impact & Sustainability Data (FY22)
Reporting Period: FY22
Environmental Metrics
Total Carbon Emissions:165,487 mtCO2e (Scope 1 & 2) + 58,529 mtCO2e (perfluorinated compounds)
Scope 1 Emissions:124,435 mtCO2e
Scope 2 Emissions:155,529 mtCO2e
Renewable Energy Share:11%
Total Energy Consumption:1,125,120 GJ
Water Consumption:2,439 thousand m³ consumed
Waste Generated:9.96 million pounds (total, excluding recycled non-hazardous waste)
ESG Focus Areas
- Climate Change
- Energy Management
- Water Conservation
- Waste Reduction
- Supply Chain Responsibility
- Workforce Diversity & Inclusion
- Health & Safety
- Corporate Governance
- Community Engagement
Environmental Achievements
- Achieved a 16% reduction in GHG emissions over FY20.
- 55,337 mtCO2e savings in FY22.
- Achieved ISO14001 certification corporate-wide.
- Greensboro, NC location installed a reverse osmosis (RO) brine recovery system, projected to save over one million gallons of water per year.
Social Achievements
- Recordable injury rate well below industry average.
- 100% of workforce acknowledged Code of Business Conduct and Ethics.
- 65% increase in participation in the Core Award Program recognizing employee performance.
- Launched Life+ well-being program focusing on physical, mental, financial, and community health.
Governance Achievements
- Established an ESG Committee and adopted a charter.
- A portion of executive remuneration tied to certain ESG objectives in FY22.
- Completed an annual enterprise risk assessment (ERA) to identify material topics.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions (implied, not explicitly stated with a target year).
Medium-term Goals:
- Increase renewable energy usage across sites.
- Improve average dimensional weight of packages by 5% by end of CY25.
Short-term Goals:
- Reduce water consumption through RO projects in the US.
- Further GHG abatement at key US locations.
Environmental Challenges
- Managing climate-related risks (physical and transition risks) across the supply chain.
- Ensuring responsible mineral sourcing and ethical labor practices in the supply chain.
- Reducing environmental impact across the product lifecycle.
Mitigation Strategies
- Annual ERA to identify and manage material risks, including climate-related risks.
- Implementation of a management system aligned with the RBA Code of Conduct.
- Use of RBA tools and training to engage with suppliers and address human rights risks.
- Focus on GHG abatement projects, process improvements, renewable energy options, and infrastructure redesign to reduce emissions.
- Water conservation projects, including RO systems and smart sprinkler systems.
Supply Chain Management
Supplier Audits: 100% of strategic suppliers assessed
Responsible Procurement
- Compliance with RBA Code of Conduct
- Responsible mineral sourcing practices
- Long-term agreements (LTAs) with strategic suppliers
- Third-party audits to verify code compliance
- Engagement with non-compliant suppliers to develop action plans
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Tornados
Transition Risks
- Current and emerging regulations
- Reputation risks
Opportunities
- GHG abatement
- Investment in renewable energy
- Clean technology offerings
Reporting Standards
Frameworks Used: SASB, TCFD, RBA
Certifications: ISO 9001, ISO 14001, IATF 16949, ISO 45001 (China locations)
Sustainable Products & Innovation
- Smart energy products enabling low-power consumption and longer lifespan