Our commitment to making a positive impact
We have a responsibility to contribute to a better world. And when we think beyond ourselves, we get better results, advance our industry, and empower progress. To that end, we strive to incorporate ESG into everything we do—from our operations and workplace practices, to how we source our materials and design our products. We believe in order to make a proven impact on the world, you need to have a purpose behind everything you do.
Our ESG strategy is composed of six key pillars that are derived from our materiality assessment. This framework focuses our attention on our most important topics and pressing challenges in the world while helping us deliver value to our stakeholders.
Business and governance
Our ESG efforts are overseen by the ESG Executive Steering Committee which guides our ESG strategy, approves and supports initiatives, and helps keep us accountable. The CEO and members of the CEO staff participate on this committee and direct the work of our cross-functional ESG leadership team. This includes proposing goals, developing and executing strategy, and embedding ESG into our operations management system. Our Board of Directors receives regular updates on progress toward ESG goals and key initiatives.
Lam is proud to conduct business with the highest integrity. We have a comprehensive Ethics and Compliance program that encompasses five major areas: risk management, policies and procedures, training, communications, and the Ethics Helpline. We also have a robust cybersecurity program to safeguard our own data, along with that of our customers, employees, and suppliers.
We believe we have a responsibility to give back and make a positive difference in the regions and communities where we do business. Our Lam Foundation supports impact programs, including STEM education and those that improve quality of life in the communities where we live, work, and grow. We also encourage our employees to champion community causes they care about with the support of our employee gift matching program and organized volunteer activities. See how we further promote and contribute to engagement in our communities.
Incorporating environmental sustainability into our business leads to better products, more efficient operations, and added value for our customers. We take our responsibility to the environment seriously by actively managing our carbon emissions, energy use, waste, and water. Learn how we approach environmental sustainability and mitigate our impact.
Products and customers
As a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, we are a fundamental enabler of the silicon roadmap. We design, manufacture, refurbish, and service semiconductor processing systems used by chipmakers to manufacture integrated circuits (ICs).
We deliver cutting-edge products and services while keeping our employees safe and operating sustainably. Through collaboration with our global customers, we reduce our environmental footprint in terms of energy consumption and manufacturing waste streams without compromising quality standards. In fact, we were one of the first companies in the semiconductor industry to align to the Quality Management System standard, ISO 9001. Read more about our ISO 9001:2000 registration and our commitment to quality and customer trust.
We believe a diverse, inclusive, and engaged workforce will drive a sustainable future. Our culture, rooted in our core values, empowers everyone to bring their whole self to work and grow together. Discover how our programs create an inclusive culture and enable our teams’ development while investing in their health and safety.
Responsible supply chain
We believe that building a supply chain that is responsible, resilient, and diverse supports the success of our customers, our suppliers, and our business. We work closely with our suppliers to address critical issues, including human rights, mineral sourcing, environmental impact, and supplier diversity. See how we assess and engage with our suppliers to create a responsible and ethical business ecosystem.
Environmental, Social, and Governance Report
We believe in transparency and sharing our progress with our stakeholders. Our annual ESG report provides a holistic view of our commitments, strategy, and accomplishments. Read about the 17 goals we’ve set for ourselves.