GlobalFoundries Inc..
GFS.US | Manufacture of electronic components and boards
GlobalFoundries Inc. is a leading semiconductor manufacturer, specializing in the production of integrated circuits (chips) for a wide range of applications. The company offers a variety of manufacturing processes, including advanced technologies like FinFET, as well as specialized solutions for spe...Show More
Better Health for All
0
No evidence available to assess GlobalFoundries Inc. on Better Health for All.
Fair Money & Economic Opportunity
0
GlobalFoundries Inc. is a semiconductor manufacturer and does not operate as a financial institution. Therefore, the company does not offer lending, deposit, or other consumer financial services to external customers. As a result, all KPIs related to financial products, pricing, fees, lending compliance, customer data, debt burden, and geographic inclusion for financial services are not applicable, scoring 0. While the company provides employee benefits such as a $1,000 company match for eligible children of U.S. employees for savings and $28,500 in lifetime student loan repayment support for eligible U.S. employees, these are not considered financial services for external customers or community finance initiatives as defined by the rubric.
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Additionally, the company and its employees donated over $1.3 million USD to 1,443 charities in 2023, but this is not explicitly defined as reinvestment in community finance or profit-sharing with underserved communities.
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Fair Pay & Worker Respect
0
No evidence available to assess GlobalFoundries Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No evidence available to assess GlobalFoundries Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
10
GlobalFoundries has a formal whistleblower protection policy with an Ethics First Helpline, operated by an external third party.
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This hotline is available 24/7 in English, German, and Mandarin, permits anonymous reporting where legally allowed, and prohibits retaliation.
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The company also has a comprehensive Anti-Bribery and Anti-Corruption Policy, implemented on April 28, 2021, which applies to all employees, agents, and third parties acting on its behalf.
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This policy explicitly prohibits bribery, kickbacks, and facilitating payments, and mandates adherence to the FCPA and international anti-corruption conventions.
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GlobalFoundries also requires its suppliers to conform to the RBA Code and its Conflict Minerals Policy.
5
Kind to Animals
0
GlobalFoundries Inc. is a semiconductor manufacturer, producing integrated circuits (chips) and offering manufacturing services. The company's core business model does not involve animal testing, animal-derived products or ingredients, animal husbandry, or animal agriculture.
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Therefore, KPIs related to these activities are not applicable and are scored as N/A (0). While GlobalFoundries supports efforts to protect forests and wildlife, including donating safety gear to forest guards in India,
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no measurable biodiversity impact or specific conservation metrics are provided to score the wildlife conservation impact KPI.
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The company's supplier audits focus on business ethics, environmental responsibility, and RBA Code compliance,
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but not specifically on animal welfare.
5
No War, No Weapons
0
The company has no defense contracts.
1
indicating no revenue from arms or defense-related activities in its core business.
Planet-Friendly Business
-50
In 2023, GlobalFoundries reported Scope 1 emissions of 955,709 MTCO2e and Scope 2 market-based emissions of 822,082 MTCO2e, totaling 1,777,791 MTCO2e.
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Scope 3 emissions are not reported.
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The company has a net-zero GHG emissions goal for 2050 and a 25% reduction goal from 2020 to 2030, which was accelerated to a 42% reduction from 2021 to 2030.
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The company has committed to setting its GHG emission reduction target in alignment with the Science Based Target Initiative (SBTi), but validation is pending.
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In 2023, 17% of its operational energy consumption was from renewables.
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The company achieved a 90% waste diversion rate in 2023.
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In 2023, one environmental violation was reported, with no fines or sanctions.
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The company discloses alignment with TCFD recommendations and planned a quantitative scenario-based climate risk analysis for 2024 using IEA NZE and IEA STEPS scenarios.
8
No manufacturing site is located in an area with high or extremely high baseline water stress.
9
The company donates to organizations supporting various communities, with a 200% company match during heritage months.
10
Respect for Cultures & Communities
0
No evidence available to assess GlobalFoundries Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
0
No relevant evidence was found in the provided articles to assess GFS.US against the 'Safe & Smart Tech' ethical value. All articles explicitly state that no data relevant to the specified metrics could be extracted.
1
Zero Waste & Sustainable Products
-30
GlobalFoundries has implemented several waste reduction initiatives, including achieving an annual chemical use and waste reduction of 900 metric tons in 2024.
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The company reuses spent sulfuric acid, is replacing concerning materials, and has ongoing projects to reduce wastewater discharge concentrations.
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Additionally, it plans to replace PFAS in one manufacturing process and build a PFAS waste-specific disposal line.
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However, GlobalFoundries' wastewater effluent contains 17 types of PFAS chemicals, with average levels of PFBA at 126.67 parts per trillion, PFOS at 1.38 parts per trillion, and PFOA at 19.33 parts per trillion.
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Some of these levels exceed federal drinking water standards (PFOA and PFOS at 4 parts per trillion, other 4 types at 10 parts per trillion) and the state drinking water standard (20 parts per trillion for a combination of 5 types).
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While the Vermont Department of Environmental Conservation does not consider these effluent levels an immediate safety concern, there are no state or federal limits for PFAS discharge into waterways.
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