Successfully Meets First Milestones on Path to 2030 Corporate Responsibility Vision and Sets Ambitious 2025 Targets
Submitted by Qualcomm Inc.
SAN DIEGO, February 2, 2020 /CSRwire/ - Qualcomm Incorporated released its 2020 Corporate Responsibility Report today, reporting on the Company’s environmental, social and governance (ESG) performance in 2020. The report notes the Company has met or exceeded its 2020 goals and unveils 2025 Corporate Responsibility targets which will serve to help drive progress towards the Company’s 2030 vision and continue to advance in key ESG areas, including: diversity and inclusion; purposeful innovation; STEM education; supply chain management, greenhouse gas emissions reduction; and product power efficiency.
“We have had many successes over the last year despite the unforeseen challenges of 2020. As we continue to work toward our 2030 Vision, I am proud to report we successfully met or exceeded our 2020 corporate responsibility goals,” said Steve Mollenkopf, Chief Executive Officer, Qualcomm Incorporated. “As we look forward, we have established 2025 quantitative targets and are focused on building a more diverse workforce, being a responsible corporate citizen, integrating sustainability into every aspect of our business and using the Company’s breakthrough technologies to transform industries, help build a more resilient economy, and catalyze social change for billions of people across the globe.”
Qualcomm’s corporate responsibility priorities include four areas where the Company believes it can make the greatest impact — Purposeful Innovation, STEM Education, Responsible Business and Our People.
The 2020 Corporate Responsibility Report details the progress made to achieve Qualcomm’s 2020 goals along. Some of the key 2020 highlights include:
Also included in the report are our 2025 goals, which are steps to the 2030 Vision which is aligned with the United Nations Sustainable Development Goals (UNSDGs).
“In the year ahead, we will start working toward achieving our newly launched 2025 corporate responsibility targets, prioritizing environment, diversity and inclusion, and reporting,” said Akash Palkhiwala, Executive Vice President and Chief Financial Officer, Qualcomm Incorporated. “Among these, we will continue to address and improve our environmental performance through greenhouse gas reduction strategies, reduce power consumption, and work to build a more diverse workforce.”
To learn more about Qualcomm’s 2025 goals and ESG performance in 2020, access the full report here.
Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.
Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.
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