financetom
Technology
financetom
/
Technology
/
Axcelis Announces SBTi Approval of Science-Based Greenhouse Gas Emissions Reduction Targets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Axcelis Announces SBTi Approval of Science-Based Greenhouse Gas Emissions Reduction Targets
Mar 30, 2026 5:14 AM

BEVERLY, Mass., March 30, 2026 /PRNewswire/ -- Axcelis Technologies, Inc. ( ACLS ) , a leading supplier of enabling ion implantation solutions for the semiconductor industry, is pleased to announce the approval of its greenhouse gas (GHG) emissions reduction targets by the Science Based Targets initiative (SBTi). The SBTi is a corporate climate action organization that enables companies worldwide to play their part in combating the climate crisis.

Axcelis ( ACLS ) has committed to achieve net-zero GHG emissions across the value chain by 2050. The company has been granted approval from SBTi to achieve the following goals:

Reduce absolute scope 1 and 2 GHG emissions by 65.88% by 2030 from a 2022 base year.Reduce scope 3 GHG emissions from use of sold products by 51.6% per USD value added by 2030.Reduce absolute scope 1 and 2 GHG emissions by 90.0% by 2050 from a 2022 base year.Reduce scope 3 GHG emissions by 97.0% per USD value added by 2050.President and CEO, Dr. Russell Low, commented, "Axcelis ( ACLS ) is proud to take a leading role in the industry to drive efforts to mitigate climate change. Holding ourselves accountable to drive sustainable growth is at the heart of what we do at Axcelis ( ACLS ). These goals are just one part of Axcelis' ( ACLS ) Purpose, to passionately innovate with our customers, delivering technology for a sustainable future."

Axcelis ( ACLS ) reports on progress toward its climate goals in its annual Sustainability Report.

About Axcelis ( ACLS ):

Axcelis ( ACLS ) , headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 45 years. Axcelis ( ACLS ) is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis ( ACLS ) at www.axcelis.com.

CONTACTS:

Press/Media Relations Contact: 

Maureen Hart

Senior Director, Corporate & Marketing Communications

Telephone: (978) 787-4266

Email: [email protected]

Investor Relations Contact:

David Ryzhik

Senior Vice President, Interim CFO

Telephone: (978) 787-2352

Email: [email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/axcelis-announces-sbti-approval-of-science-based-greenhouse-gas-emissions-reduction-targets-302728061.html

SOURCE Axcelis Technologies, Inc. ( ACLS )

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Connectbase and Nasc Technologies Connect Fiber Operations, Circuit Inventory, and Monetization
Connectbase and Nasc Technologies Connect Fiber Operations, Circuit Inventory, and Monetization
Jun 1, 2026
Jointly implemented workflow links STREAMLINE Fibre with Connectbase's Circuit Inventory Manager and The Connected World Platform, helping fiber operators move from network design and inventory to serviceability, quoting, selling, and revenue without replacing core systems. BOSTON, June 1, 2026 /PRNewswire/ -- Connectbase, the industry's integrated Connectivity Commerce platform, and Nasc Technologies, provider of the STREAMLINE™ Fibre network management system, today...
U.S. Navy Awards EdgeRunner IL6 Authority to Operate
U.S. Navy Awards EdgeRunner IL6 Authority to Operate
Jun 1, 2026
EdgeRunner delivers Navy-specific AI at the tactical edge with unlimited tokens NORFOLK, Va.--(BUSINESS WIRE)-- EdgeRunner AI, the leader in military-specific, on-device artificial intelligence, today announced that the U.S. Navy has granted Impact Level 6 Authority to Operate (IL6 ATO) accreditation for the EdgeRunner OS, validating the on-device platform for some of the military’s most sensitive and mission-critical operational environments....
Datavault AI Signs $2.0 Billion Structured Financing Term Sheet with Exclusive Global Tokenization Mandate
Datavault AI Signs $2.0 Billion Structured Financing Term Sheet with Exclusive Global Tokenization Mandate
Jun 1, 2026
Counterparty agrees to route its global digital asset tokenization and blockchain infrastructure initiatives exclusively through Datavault AI's ( DVLT ) patented platform. Financing is anchored by an approximately $2.0 billion portfolio of fixed-income securities contributed by an institutional investment fund and a UK-based regulated structured institutional investment platform. The proposed transaction is expected to value Datavault AI ( DVLT )...
Tenzai Expands Its AI Hacker to AI Applications
Tenzai Expands Its AI Hacker to AI Applications
Jun 1, 2026
The record-breaking autonomous offensive security company extends its full-stack testing to include AI systems, covering web, API, and AI application layers in a single run. NEW YORK CITY, NY / ACCESS Newswire / June 1, 2026 / Tenzai, the autonomous offensive security company ranked top 1% against 125,000 human hackers across six global platforms, today announced the extension of its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved