Okmetic commits to Science Based Targets Initiative (SBTi) to strengthen its sustainability work
Okmetic has signed the commitment letter for the globally recognized Science Based Targets Initiative (SBTi) and is dedicated to setting new targets to decrease greenhouse gas emissions (GHG). By committing to SBTi Okmetic also supports reaching the objectives of the Paris Agreement on climate change.
Okmetic is already mapping the carbon footprint of its value chain, encompassing its own operations, supply chain, and the products it delivers to customers. In 2023, the company set ambitious targets to reduce its own emissions (Scope 1&2) by 90% by 2030. By committing to the SBTi, Okmetic will further elevate these goals and also formulate a target for Scope 3 emissions reduction.
Okmetic supplies customers with customized, high-performance silicon wafers that end up in smartphones and tablets, as part of automotive safety and electronic devices, as well as solutions related to industrial process control, medical technology, and power and efficiency improvement.
– Sustainability is an integral part of Okmetic’s strategy and daily operations. By committing to SBTi, the company will elevate its efforts even further. Okmetic is committed to developing sustainability and reducing the emissions of its operations as well as supporting customers’ sustainability efforts by offering advanced silicon solutions that will help create a smarter, safer and more energy-efficient tomorrow, says Okmetic’s CEO Kai Seikku.
The Science Based Targets initiative (SBTi) is a global body that provides a clearly defined pathway for companies to reduce greenhouse gas (GHG) emissions, helping prevent the negative impacts of climate change and future-proof business growth. SBTi is a collaboration between Carbon Disclosure Project (CDP), the United Nations Global Compact, World Resources Institute (WRI), World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments.
To find out more about Okmetic’s sustainability efforts, please see our latest Sustainability Report 2023.
About Okmetic
Okmetic, founded in 1985, is the 7th largest silicon wafer manufacturer and an integral part of the semiconductor and electronics value chain. Okmetic supplies tailored, high value-added silicon wafers for the manufacture of MEMS, sensor, RF and power devices. Our silicon wafer solutions can be found e.g. in smartphones, portable devices and automotive electronics, and they support applications related to industrial process control, healthcare, the Internet of Things, and power and efficiency improvement.
Okmetic has worldwide sales organization and headquarters located in Finland, where the majority of the company’s silicon wafers is manufactured. Okmetic is currently building a fab expansion to more than double its production capacity. Our operations rely on quality and environmental systems in line with the ISO 9001:2015, ISO 14001:2015, and IATF 16949:2016 standards, and we have a strong focus on sustainability and environmental impact reduction.
