“Lam strives to incorporate ESG into everything we do – from our operations and workplace practices, to how we source our materials and design our products,” said
Lam refinanced and upsized its existing
Energy use is a primary driver of Lam’s greenhouse gas (GHG) emissions and a key focus for reducing the company’s environmental and climate impact. Lam directly addresses energy use and GHG emissions through a multitude of energy efficiency projects, and the company has achieved energy savings for multiple years, with plans for future savings by 2025.
Employee safety is critical, and Lam seeks to provide a safe, injury free workplace throughout its operations. The company has consistently achieved below average industry recordable incident rates and continues to invest in education, awareness, monitoring, and prevention programs to ensure that employees stay safe every day.
Caution Regarding Forward-Looking Statements
Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to but are not limited to: the Company’s receipt of pricing adjustments to the credit facility, its ability to achieve energy savings or maintain employee safety, its approach to incorporating and integrating ESG into its operations and other activities, and the ability of the new revolving credit facility to add long-term value for its shareholders, and its greenhouse gas emissions and environmental and climate impacts. These statements are based on current expectations and are subject to risks, uncertainties, and changes in condition, significance, value and effect including those risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our annual report on Form 10-K for the fiscal year ended
Source: Lam Research Corporation