Lam Research Named to 2021 Dow Jones Sustainability Index for North America Yahoo Finance
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FREMONT (Calif.), Nov. 30, 2021 (GLOBE NEWSWIRE). Lam Research Corp. (NASDAQ : LRCX), today announced that it has been included in the Dow Jones Sustainability Index North America (DJSI North America). The DJSI North America list honors the top 20% sustainability performers among 600 largest companies in the U.S.A and Canada.
The Dow Jones Sustainability Indices (DJSI), which were launched in 1999, are widely considered to be one of the most important benchmarks for corporate sustainability. The DJSI is reconstituted each year and compiled based on a Corporate sustainability assessment (CSA) by S&P Global. This evaluates the environmental and social governance (ESG), performance of participating companies during the previous year. More than 10,000 publicly traded companies were invited in 2021 to join the S&P Global CSA. Manjit Jus (Global Head of ESG Research at S&P Global) said, “We congratulate Lam Research on being included in the Dow Jones Sustainability Index North America.” A DJSI distinction is a sign that you are a leader in your industry’s sustainability efforts. The record-breaking participation of companies in the 2021 S&P Global Corporate sustainability Assessment is a testament to the growing movement towards transparency and disclosure about ESG. Lam’s inclusion in 2021 DJSI North America demonstrates the company’s growing focus and investments in ESG initiatives. This includes its efforts to increase its inclusion and diversity as well as cybersecurity, ethics, corporate governance programs, and cybersecurity. Lam Research’s president and chief executive officer Tim Archer said that Lam Research was proud to be included in the Dow Jones Sustainability Index North America to recognize our corporate sustainability achievements. We believe that our investments in ESG are crucial, not only for Lam’s innovation, business success, but also for the continued viability and advancement of the semiconductor industry, and society as a whole. This is an important milestone in our continuing journey to create a more sustainable world and we look forward to building on this momentum in the coming year.”To learn more about Lam’s ESG programs and achievements, read the company’s 2020 ESG Report and visit https://www.lamresearch.com/company/environmental-social-governance/.About Lam Research
Lam Research Corporation (NASDAQ : LRCX), a global supplier and service provider of innovative wafer fabrication equipment to the semiconductor industry, is a NASDAQ : LRCX. Lam’s equipment allows customers to create smaller, more efficient devices. Lam technology is used to build nearly all advanced chips today. Superior systems engineering, technology leadership, strong values-based culture and an unwavering dedication to our customers are all part of what we do. Lam Research is a FORTUNE 500 (r) company with headquarters in Fremont, Calif. and operations all over the world. Visit www.lamresearch.com to learn more. (LRCX-B)Caution Regarding Forward-Looking Statements
Forward-looking statements are statements that are not historical facts and are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 2015. These forward-looking statements include, but aren’t limited to, our ability and ability to achieve our sustainability targets on renewable energy, carbon emissions, and other ESG goals referred too in the press release and in our ESG report. They also relate to the importance of those goals for the semiconductor industry and our business in particular. These forward-looking statements could be affected by the following factors: the severity, duration, and impact of the COVID-19 Pandemic (and related governmental, community, and governmental responses to it), and their effects on our business, results, and financial condition; the actions of customers and competitors which may deteriorate, or change our expectations; and government and governmental actions such as trade restrictions, transportation disruptions, tariffs and embargoes which may have an impact on our operations and revenue in those areas. These uncertainties and changes can have a material impact on forward-looking statements. Actual results could differ materially from expectations. The Company undertakes no obligation to update the information or statements made in this release.CONTACT: Company Contacts: Hope Nicora Corporate Communications (831) 227-3660 publicrelations@lamresearch.com Ram Ganesh Investor Relations (510) 572-1615 investor.relations@lamresearch.com