GlobalFoundries Showcases Commitment to ESG in New 2023 Corporate Responsibility Report

by Stacey Barrick
Global Head of ESG, Labor and Employment law, and Employee Relations

Corporate Responsibility Report 2023

I am proud to share that GlobalFoundries (GF) has published its 2023 Corporate Responsibility Report. This comprehensive report details GF’s environmental, social, and governance (ESG) efforts over the past year. It highlights our company’s commitment to ESG leadership and showcases the positive outcomes driven by our global team, as we work every day to deliver GF’s mission of innovating and partnering with customers to deliver semiconductor solutions for all humanity, and guided by our vision of changing the industry that is changing the world.

GF’s Corporate Responsibility Report includes a wealth of information and demonstrates the ways that  our global team is creating value through doing the right thing. Covered topics range from our top priority of employee health, safety, and well-being, to our critical diversity, equity, inclusion, and belonging efforts. They include our commitment to resource conservation and sustainable chip manufacturing, responsible sourcing, the many ways in which GF semiconductor technology is benefitting humanity, corporate governance, employee giving, community support and engagement, and so much more.

Here are just a few examples of the information and stories you will find in the report:

  • The health and wellbeing of our global team is paramount to GF, and we achieved our goal to keep employees safe with best-in-class recordable injury rates
  • GF is benefitting from a diversity of perspectives by growing executive women and executive minority representation, and partnering with leading organizations to grow and cultivate our diverse workforce
  • GF continues to deliver on its commitment to sustainable manufacturing, and in 2022 we executed on projects resulting in the avoidance of greenhouse gas emissions, chemical use and waste generation, and savings in water and electricity use

This is the kind of work the GF team does every day. ESG and corporate responsibility are embedded in the fabric of our company, and have been for years. Along with the vital role our company plays by manufacturing the essential chips that enable nearly every important technology in our lives, GF is committed to being a world-class employer, an engaged corporate citizen, and a strong neighbor to our communities. The 2023 Corporate Responsibility Report demonstrates these efforts and outcomes in a succinct way.

As Dr. Thomas Caulfield, president and CEO of GF, Tom Caulfield says in his introduction to the report :

“All of these efforts are informed by our corporate responsibilities, which are fundamental to who we are as a company. These priorities underpin our day-to-day operations and our long-term strategic goals, and there is no process, project, or corner of our company in which our corporate responsibilities are not critical factors in our decision making and actions. Prioritizing these responsibilities makes us better as a company and enables us to better deliver on our commitments to all our stakeholders.”

I invite you to invest some time clicking through and reading GF’s 2023 Corporate Responsibility Report, to learn more about what our team has accomplished together, and our ongoing commitment to ensuring a better tomorrow for everyone.

Stacey Barrick leads Environment Social Governance, Employment Law and Employee Relations at GF.  In her role, she leads a global team that oversees GF’s sustainability strategy and programs that focus on reducing GF’s environmental impact, advance sustainable supply chains, foster diversity equity and inclusion, and build inclusive and resilient communities.  Prior to joining GF, Stacey held various senior leadership roles in Human Capital Management and Financial Counseling with Goldman Sachs.