Summary: SK hynix announces plans to incorporate recycled materials into its production processes, setting ambitious goals to increase the use of recycled materials in its products and promoting resource circularity in the semiconductor industry.
- announcement for the semiconductor industry
- Commitment to increasing use of recycled materials
- Collaboration with stakeholders for tangible results
Semiconductor company SK hynix has made a announcement today, revealing its plans to incorporate recycled and renewable materials into its production processes. This move marks the first instance of a semiconductor company laying out a long-term roadmap for actively utilizing sustainable materials. SK hynix acknowledges the global importance of establishing a circular economy system centered on resource recycling in order to achieve Net Zero or Carbon Neutrality. In line with this trend, the company has committed to increasing the use of recycled materials in stages.
The roadmap outlined by SK hynix sets ambitious goals for the integration of recycled materials. By 2025, the company aims to have 25% of the products it manufactures comprised of recycled materials. Looking ahead to 2030, SK hynix plans to surpass the 30% mark in terms of weight. The initial focus will be on essential metals used in semiconductor production, such as copper, tin, and gold. These metals are crucial components that contribute significantly to the weight of finished memory products, making them challenging to replace with alternative materials.
To achieve these objectives, SK hynix will implement various measures to promote resource circularity. One notable step is the replacement of plastic packaging used to protect semiconductor products with recycled plastic. The company recognizes the need for a comprehensive implementation system to ensure the successful execution of its roadmap. This includes strengthening certification procedures and quality evaluation for directly purchased recycled materials. Additionally, SK hynix will collaborate with its business partners to evaluate the quality and suitability of recycled materials included in parts supplied by them. The company also plans to encourage its suppliers to obtain validation from trusted external organizations like ISO 14021, which will verify the use and proportion of recycled materials.
Junho Song, Vice President and Head of Advanced Quality & Analysis at SK hynix, expressed the company’s commitment to ESG (Environmental, Social, and Governance) management. Song emphasized SK hynix’s intention to actively contribute to the establishment of a global circular economy. The company aims to collaborate closely with all stakeholders in the semiconductor supply chain, including customers and suppliers, to achieve tangible results while implementing this roadmap.
SK hynix’s announcement highlights the growing importance of sustainability in the technology industry. By actively incorporating recycled and renewable materials into its production processes, the company is setting a precedent for others to follow. As the world moves towards a more sustainable future, initiatives like SK hynix’s roadmap play a crucial role in reducing environmental impact and promoting resource efficiency within the semiconductor industry.
About SK hynix: SK Hynix is a important South Korean semiconductor company known for its innovative contributions to the global technology landscape. Specializing in the production of memory solutions, SK Hynix has played a vital role in shaping the semiconductor industry. With a commitment to research and development, they have continuously pushed the boundaries of memory technology, resulting in products that power various devices and applications.SK hynix Website: https://www.skhynix.com/
SK hynix LinkedIn: https://www.linkedin.com/company/sk-hynix/
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