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Corporate Responsibility Report 2022

Corporate Responsibility Report 2022

Table of
01 Company profile 08 Community support
and engagement
02 CEO letter
contents 03 GF stakeholders
and CSR priorities
09 Sustainable manufacturing
10 Responsible sourcing
04 Governance 11 About this report

05 Health, safety 12 Site profiles


and well-being
13 GRI index
06 Technology solutions
for humanity 14 SASB index

07 Human capital – diversity, 15 TCFD table


equity & inclusion and talent
development

Corporate Responsibility Report 2022 2


GlobalFoundries (GF) is one of the world’s leading semiconductor foundries. We
manufacture complex, feature-rich integrated circuits that enable billions of electronic
devices that are pervasive throughout nearly every sector of the global economy. With
our specialized manufacturing processes, vast library of intellectual property, and
differentiated technologies, GF serves a broad range of customers that includes the global
leaders in semiconductor design.

GF’s differentiated services and technology Since GF’s founding in 2009, we have
and feature-rich solutions enable our cus- invested more than $23 billion in our
tomers to develop innovative products for company to build a global manufacturing
an increasingly wide variety of applications footprint with multiple state-of-the-art

01 Company across broad markets. We unlock value for


our customers by helping drive technology in
facilities across three continents, offering
customers the flexibility and security

profile
multiple dimensions, making their products their supply chains require. We currently
more intelligent and intuitive, more con- operate five manufacturing sites, called
nected and secure, and more powerful and fabs, in: Dresden, Germany; Singapore;
energy efficient. Malta and East Fishkill, New York; and
Burlington, Vermont. These world-
Semiconductor technology is central to class manufacturing sites across three
our global economy and vital to the fabric continents provide the scale, technology
of everyday life. GF's feature-rich chips are differentiation and geographic diver-
in the laptop computers, smartphones, sification that we believe are critically
smart devices and automobiles we use every important to our customers’ success. Our
day. They are in the high-speed wireless scaled footprint also gives us the flexibil-
networks, data centers and multimedia tools ity and agility to meet the dynamic needs
that enable video conferencing in our homes, of our customers around the globe, help
schools and businesses and help humanity them mitigate geopolitical risk, and
stay connected. As technology continues to provide greater supply chain certainty.
accelerate and yield incredible new innova-
tions and advancements, semiconductors
will remain at the heart of this progress.

Corporate Responsibility Report 2022 3


Semiconductor manufacturing is among the most GF Worldwide locations
complex and sophisticated manufacturing processes in
the world. Requiring a strictly controlled environment
called a cleanroom, the process includes a sequence
of hundreds to thousands of processing steps in which
electronic circuits are gradually built on a silicon surface.
The resulting chips can be the size of a fingernail, or
IMEC Dresden
smaller, and feature billions of nanoscopic transistors. Munich
Essex Junction, VT Beijing Yokohama
Santa Clara, CA Malta, NY Sofia
We focus on manufacturing feature-rich San Diego, CA East Fishkill, NY
Raleigh, NC
Shanghai
Kyoto
semiconductors that enable our customers

01
Hsinchu
Austin, TX

to create devices that connect, secure and


Bangalore
process data, and efficiently power the digital
world around us. To solve our customers’ most Manufacturing center Singapore

Trusted foundry
complex challenges, we offer a broad range Research & development

of sophisticated technology platforms that Design center


Regional office
leverage our extensive patent portfolio and
deep technical expertise in digital, analog,
mixed-signal, RF and embedded memory. Our
manufacturing expertise is complemented by a
global network of R&D, design enablement, and
2021 Financial highlights
customer support operations.
Adjusted Adjusted
GF’s mission is to innovate and partner with
Revenue EBITDA margin gross margin
our clients to deliver technology solutions for

$6.6B 28.1% 16.2%


humanity. As we manufacture semiconductors
around the globe, we are deeply committed to
ethical and responsible business practices. At
GF, corporate responsibility is fundamental to * For full financial information, including definitions of adjusted gross margin and adjusted EBITDA margin,
our company and the value we provide to our please refer to the GF Q4 2021 Earnings Presentation: https://investors.gf.com/static-files/cb39ef6a-
customers. d485-484d-ac4b-1bf3e077f493 , page 5

Corporate Responsibility Report 2022: Company profile 4


Awards and Recognition

From 2020 through early 2022, GF has been recognized for outstanding employment practices, and
for exceptional CSR (Corporate Social Responsibility) and EHS (Environmental, Health and Safety)
performance with the following awards:

ESG (Environment, Social and Talent: Workplace; Diversity, Equity & • Capital: Best Employers in Dresden (2020,
Governance) Inclusion 2021)
• Institutional Shareholder Services (ISS): • Business Council of New York State: • Capital/Ausbildung.de: Germany’s Best
"Prime" Corporate ESG Performance, April Workforce Innovation Award (2022) Companies for Vocational Training (2020)
2022

01
• Global Equity Organization Awards: Most • Frankfurter Allgemeine Zeitung: German
• Responsible Business Alliance (RBA): 200/200 Innovative Plan Award for Employee Stock Innovation Leaders (2020)
scores in Validated Assessment Program (VAP) Purchase Plan (2022)
Audits at Fab 1 and 9 (2021), Fab 8 and GF • WELT: Best Employers in Germany (2020)
• Great Place to Work® Institute Singapore:
Singapore (2020)
Great Place to Work – Certificate™ (2022) • Plan Sponsor Council of America/PNC
EHS (Environmental, Health and Safety) Bank: Signature Award Financial Wellness &
• Albany Business Review: Leader in Diversity, Communication (2020)
• EHS Today: America’s Safest Companies
Equity and Inclusion Award (2021)
Award (2020)
• HIRE Vets: Medallion Award, Large Community: Philanthropy and
• Albany Business Review: New York Capital
Companies, Gold (2021) Educational Partnerships
Region’s Healthiest Employers Award – Fab 8
• Hudson Valley Community College (HVCC):
(2020 and 2021) • HR Online: Employee Experience Awards – GF
Foundation Philanthropy Award for STEM &
Singapore (2021)
• Vermont Governor’s Excellence Award: Education Partnerships (2021)
Worksite Wellness – Gold level – Fab 9 (2021), • Gold (Best Organizational Upskilling &
• Community Chest Singapore: Community
Silver (2020) Reskilling Strategy), Gold (Best Learning
Spirit Gold (2020)
and Development Program), Bronze (Best
• Casella Waste Systems: Sustainability
in-House Certification Program) • Singapore Children’s Cancer Foundation:
Leadership Award – Fab 9 (2021)
Appreciation Award Silver (2020)
• HR Online: HR Excellence Awards – Talent
• New York Power Authority (NYPA): Corporate
Management (Gold), Leadership Development • Lake Champlain Chamber: Community Impact
Sustainability Leadership Award (2022)
(Bronze) – GF Singapore (2021) Award (2020)

Corporate Responsibility Report 2022: Company profile 5


The impact of the pandemic remained with decade on our new manufacturing facility
us throughout much of 2021 and continued at our Singapore campus. We created and
to serve as a reminder of the fragility of implemented a new economic model for our
human life and our planet. Businesses across industry in partnership with our customers
all industries and regions of the world faced and governments around the globe to enable
significant supply chain challenges and most the capacity expansions the global economy
were impacted by semiconductor supplies. is relying on, and we took the lead in articu-
On all accounts, the unprecedented demand lating the importance of chip manufacturing
for semiconductors to support the acceler- and redefining semiconductor innovation.
ation of the digital transformation through
the pervasive deployment of technologies A major milestone for GF was taking our
company public in October 2021, when shares

02 CEO
has kept our industry at the forefront of the
global economy. of GFS started trading on the Nasdaq stock
exchange. The culmination of more than a

letter
For GF, this created both challenges and decade of work to build a profitable, at-scale
tremendous opportunities for our business global semiconductor manufacturer with
and for our 15,000-strong global team. strong technological differentiation, GF’s IPO
Throughout the year, we kept the health and was one of Nasdaq’s largest IPOs of the year
safety of our employees and communities our and its largest semiconductor IPO ever.
top priority, working in partnership to protect
each other, and I am proud to report that we For me and for GF, focusing on Environmen-
did not experience any COVID-related out- tal, Social and Governance (ESG) is not only
breaks or shutdowns in any of our facilities. the right thing to do it’s also about making
enduring profitable business. In this Corpo-
2021 was an outstanding year for GF. rate Responsibility Report, I am pleased to
Capitalizing on the vital role we play in the share the results of our focused efforts in this
global semiconductor supply chain, we space that are yielding positive results. The
accelerated our business plan. We expanded report includes details of our many ESG wins
our global manufacturing footprint with and forward momentum in 2021 and into
significant capacity expansions at our 2022. And as proud as we are of what we have
sites in Germany and the United States, achieved together, our goal is to become
and we broke ground for the first time in a even better.

Corporate Responsibility Report 2022 6


We are in good company as we sharpen our focus on responsibly and minimizing our impact on Social
ESG and on making a positive impact. ESG is an area the environment. Here are some of the ways
of increasing importance for our customers, partners, we are making a difference. Nothing is more important to GF than the
investors, employees and future employees. Just as safety and well-being of our worldwide
GF requires suppliers to meet rigorous responsible Journey to Zero Carbon team, their families, and our communities.
sourcing and human rights criteria, more of our Last year we announced our Journey to Just as our feature-rich semiconductor
semiconductor customers hold us account- Zero Carbon goal and made a commitment chips enable technological innovation across
able for our environmental sustainability and to reduce our total greenhouse gas a range of markets, as a company we aim
other ESG measures. As a newly public com- emissions 25% by 2030 even as we grow to be a catalyst for driving positive social
pany, GF will be appraised by agencies that our manufacturing output. We are making impact where our sites are located and
review our ESG efforts and assign ratings progress and are on track to meet our around the world.

02 that investors are factoring into investment


decisions. We also know that sustainability,
ambitious goal, achieving results through
a variety of energy efficiency, energy
sourcing, and emission control measures.
Health and Safety
We believe all workplace injuries are
diversity and inclusion, and other ESG
preventable. Our site leadership and
priorities are of critical importance to our
Resource Conservation operations teams around the world create
global team of employees. Additionally, we
Over the past three years, GF has met and build a culture in which the expectation
are seeing that job seekers are considering a
or exceeded our resource conservation of zero injuries and incidents is the norm.
company’s ESG efforts when deciding where
targets for – water, electricity, chemical Our safety incident rates continue to
to apply and accept positions.
use, greenhouse gas emissions, and be at significantly lower levels than the
Following are highlights of key successes and waste generation. These efforts realized semiconductor industry average. In 2020
achievements you will find in this report. annualized savings of more than 86 gigawatt and 2021, our total recordable injury rates
hours of electricity, almost 1.5 million were the lowest they have been since our
Environmental cubic meters of water, 56,300 metric tons company was founded in 2009.
of carbon equivalents in greenhouse gas
GF has a longstanding and proven record of emissions, and more than 18,000 tons of Diversity, Equity, and Inclusion
environmentally responsible manufacturing chemical use and waste generation. In GF has one of the most diverse and
and operations. As a science- and addition to the environmental benefits, multicultural workforces of any
technology-based company, we recognize these efforts resulted in millions of dollars in semiconductor manufacturer, and we know
climate change is an unprecedented global operational cost savings. this is a competitive advantage for our
challenge, and we are committed to growing

Corporate Responsibility Report 2022: CEO letter 7


company. Employee Resource Groups (ERGs) are Governance the associated management systems. Fab
a critical part of the structure we have in place to 1 joins our Singapore site and Fabs 8 and 9,
empower our team and celebrate the diversity of our At GF, we hold ourselves accountable and all of which received perfect scores in their
workforce. Last year GF employees launched three have structures and policies in place to RBA audits in 2020 and 2021.
new ERGs: Asian Society for Inclusion and Awareness; ensure responsibility and accountability
Pride at GF; and Unidos. As described in this report, across our operations. We are committed ISS “Prime” ESG Rating
these groups strengthen our team and position GF to upholding the highest degree of ethical In April 2022, GF was recognized as a
for continued success. behavior and unyielding integrity in “Prime” performer and ranks within the top
everything we do. 10% of companies in the semiconductor
GlobalGives industry for ESG efforts, according to the
Participation in our employee giving Board of Directors Corporate ESG Performance Rating from

02 program, GlobalGives, grew 77% last Over the past year, GF has named three ISS (International Shareholder Services).
year. Together, the GF team supported experienced leaders as independent The ISS score encompasses a wide range of
more than 1,100 individual charities, directors of our company’s board of ESG topics and metrics from operational
donating nearly $400,000 USD through the directors: Elissa Murphy, a vice president of eco-efficiency and climate change strategy
GlobalGives platform to support nonprofit engineering at Google; Dr. Bobby Yerramilli- to human rights standards, community
organizations. GF was proud to match Rao, chief strategy officer and corporate involvement, and reporting transparency.
these employee donations. Globally, GF vice president of corporate strategy at
and our team also supported critical causes Microsoft; and Jack Lazar, who brings more GF Technology Solutions for Humanity
including social justice, disaster relief than 30 years of experience in operational
and finance roles at several public and Our industry is expected to grow more
and STEM education. In total, GF and our
private companies. in the next decade than it did in the past
employees donated nearly $1.2 million USD
50 years, and GF is stepping up to do its
through GlobalGives in 2021, giving back
Perfect Responsible Business Alliance part as we work to address the growing
to our communities across the globe and
(RBA) Audit Scores demand for technology innovation for the
making a difference.
Our Fab 1 site in Dresden received a perfect betterment of humanity. As we focus on the
score (200/200) in its first RBA audit, the sustainability of our own operations, the
conducted in 2021. These comprehensive semiconductor solutions we manufacture
audits evaluate ethics, labor, health and also enable our customers to innovate
safety, and environmental programs and new products to help achieve their own
sustainability and efficiency goals.

Corporate Responsibility Report 2022: CEO letter 8


Be sure to read the “Technology Solutions for Looking Ahead Working together, as ONEGF, we are
Humanity” section of this report to learn more about positioned for further success and value
the many ways GF semiconductor chips are helping You will find additional detail on these creation through ESG. I have challenged
address some of the world’s most pressing climate, successes and initiatives, and much more, myself, the GF senior leaders, and the
resource sustainability, and societal challenges. in this comprehensive report. I invite you to global GF team to reach further and think
The low power consumption, outstanding high- read further and learn more about GF’s high even bigger about ESG and the positive
frequency performance, and design flexibility of level of commitment to ESG and the ways impact we can create. In addition, we
GF’s feature-rich technologies are driving our company is driving positive impact and will further engage with our customers,
key advancements across the markets we value through corporate responsibility. It partners, communities and other
serve: From safer and more power efficient would be impossible to overstate how proud stakeholders to discover and innovate new
electric vehicles, to smartphones and smart I am of GF’s global team, whose talent, drive ways of addressing future opportunities

02 devices that perform better and last longer


on a single charge, to high performance
and dedication help enable our successes
and this forward progress in ESG. Just as
our chip technologies differentiate us from
while advancing our ESG commitments.
I look forward to sharing these and other
energy efficient datacenters and AI. successes with you over the coming year.
other semiconductor foundries, GF’s diverse
global team sets us apart and is a distinct
competitive advantage.

Dr. Thomas Caulfield


CEO
GF

Corporate Responsibility Report 2022: CEO letter 9


Our key stakeholders have a significant interest in our business and help shape our
company and the products and services we provide. We regularly engage with our
employees, customers, communities, suppliers, investors and industry peers, sharing
perspectives and gaining valuable insight relevant to our business and operations.

GF stakeholders

Employees stay up to date during the global COVID-19


At GF, people are at the heart of everything pandemic crisis, we added communication
we do and we embrace the diversity of our channels, including a weekly video message
teams as a competitive advantage. Our from our CEO and other GF leaders.

03 GF stake- strength comes from a culture of inclusivity,


empathy and respect. We take great GF also seeks in-depth and confidential
employee feedback via our third-party
pride in the dedication and commitment

holders and of our global workforce to collaborate


together for breakthrough solutions. We
administered ONEGF Pulse Surveys
that occur multiple times per year. Our
surveys focus on engagement, manager
CSR priorities
nurture a performance-based culture in
an environment that encourages individual effectiveness, diversity & inclusion, and
development, collaboration and new ideas. other emerging themes that impact the
employee experience. GF management
Employees engage and keep abreast thoroughly reviews employee feedback,
of corporate and local site information translates input into action plans that
through our GFCurrent platform, quarterly address employee concerns, and shares
all-hands events, Employee Resource both the feedback and the resulting action
Groups and other global or site-specific plans with employees both at the company
team events, and ongoing corporate and and at the team level. This two-way
employee communications, all of which engagement has yielded not only powerful
include opportunities to ask questions and insights but the ability to address concerns
provide feedback. To enable employees to early and thoroughly.

Corporate Responsibility Report 2022 10


Customers • We track internal, customer-facing Investors
It is GF’s mission to innovate and partner with our key performance indices that closely Since our IPO, we have significantly
customers to deliver technology and solutions for align to our customers’ Quality, broadened our shareholder base to include
humanity. GF technologies, solutions, services and Business, Technology, Fulfillment and a variety of institutional and retail investors.
manufacturing scale give our customers the power Responsiveness targets to ensure we We strive to maintain a transparent
to shape their markets. We work closely with both can quickly make course corrections relationship with our shareholders, and
industry leaders and entrants to identify the right when needed. actively engage with them via quarterly
technology opportunities and deliver the earnings conference calls, meetings
• We conduct third-party customer
right solutions across established and with key executives and members of the
relationship surveys to enable a deeper
emerging applications in our customers’ Investor Relations team, and participation
assessment of our performance.
market segments. in conferences. We also respond to

03 Our Customer Experience program


• We manage customer issues in our
Action Management and Escalation
surveys from ESG research firms, as well as
company-specific ESG questionnaires.
is geared to continually improve our system to ensure responsive fol-
customers’ experience when partnering low-through to our commitments. GF partner community
with GF by listening to and feeding our The GF Partner Community brings
• We meet with our customers on a
customers’ voice back into our business networks of high-growth companies
regular basis to review our performance.
processes. This includes our customers’ together in the spirit of collaboration
Improvement projects are prioritized
voice on our shared commitment to social to charge up the future of automotive,
based on customer feedback.
and environmental responsibility. industrial and consumer IoT, data center,
In every aspect of our Customer Experience networking, mobility, wired infrastructure
Program, our GF SHIELD program is in and satellite communication. With more
place to ensure our customers’ intellectual than 50 partners, it nurtures synergy and
property and sensitive information remain collaboration between partners and GF
secure. to reduce chip design and development
barriers. GF also partners with worldwide
universities to drive innovation through
R&D partnerships, talent acquisition
opportunities and degree partnership
programs.

Corporate Responsibility Report 2022: GF stakeholders and CSR priorities 11


Communities Suppliers Industry collaboration
Along with our global footprint comes a Our relationships with our suppliers of goods Through our participation and leadership in
responsibility to the communities in which we and services are built on a foundation of semiconductor industry trade associations,
operate. GF stands committed to our responsibility trust and integrity. We strive to establish we gain valuable insight into the economic,
as a great employer, good corporate citizen and long-term working relationships through social and environmental trends that
major player in each of our communities where we mutual performance expectations and affect our business. These groups include
contribute to existing or emerging high-tech clusters measures, performance feedback, and the RBA, Semiconductor Industry
that bring additional economic benefits continuous improvement plans. Beyond Association (SIA), European Semiconductor
to those regions. GF also believes strongly the day to day working level interaction, Industry Association (ESIA), Singapore
in philanthropy, and our employees we engage with selected key suppliers Semiconductor Industry Association (SSIA),
around the globe make a difference by through periodic business reviews and our the World Semiconductor Council (WSC),

03 volunteering their time and donating


money and goods to support a wide range
Global Supplier Rating (GSR) process. The
GSR determines supplier performance
the Global Semiconductor Alliance (GSA),
Semiconductor Equipment and Materials
of causes. GlobalFoundries has a long with regard to Quality, Cost, Operations, International (SEMI), and ZVEI (a leading
history of community involvement, with Service, Technology, Business Continuity German electronics trade association).
well-established programs and global and and Compliance, including EHS and CSR.
local teams dedicated to enriching the Responsible sourcing requirements include These associations are engaged in a wide
lives of the people in our communities specific human rights, health and safety, variety of public policy matters ranging from
around the world. Through our worldwide environmental and business ethics standards technology, trade, tax, and environmental
GlobalGives program, we provide which are established early in supplier policy to promoting STEM education
employees with the opportunity to make a relationships to improve efficiency and and the adoption of energy-efficient
positive impact in their local communities reduce risks throughout the supply chain. technologies. SIA, ESIA, the WSC, and SEMI
through personal donations, company We require our suppliers to comply with the all have active EHS committees.
matched donations as well as through Responsible Business Alliance (RBA) Code
volunteering their time. of Conduct. We specifically engage with
suppliers whose employees perform work on
GF sites to assure conformance with site-
specific EHS rules and procedures.

Corporate Responsibility Report 2022: GF stakeholders and CSR priorities 12


Materiality analysis – GF CSR priorities Figure 1. GlobalFoundries’ materiality map

This report focuses on certain CSR priorities


that we consider “material” to our business Health, safety
& well-being
at GF. We periodically conduct a materiality Secure
analysis by reviewing and evaluating Climate risk manufacturing
Responsible mitigation Economic
internal and external stakeholder input and sourcing performance
expectations. GF’s ESG Council oversees the Human rights Ethics &
compliance
process and GF’s Stewardship Committee
Technology
approves the resulting ‘Materiality Map’. Environmental Community solutions for
We consider customer inquiries, employee controls engagement humanity

03
and support Diversity,
surveys, investor engagement, CSR topics
equity &

Influence on stakeholder assessment


and trends raised in our collaboration inclusion Talent
with peers in industry associations, as well
as diverse internal perspectives on the
relevance of CSR topics to GF. Identified Energy
Water
topics are prioritized with regard to their efficiency
efficiency

economic, environmental and social impacts


to GF and their perceived influence on
GF’s stakeholders’ assessment. Following
our 2021 IPO, we have conducted a
refresh of our 2021 materiality analysis to
accommodate the potential changes to our
stakeholders and their perspectives. The
resulting Materiality Map (Figure 1), which
Impact on GF
determines the scope and content of this
report, was reviewed and approved by the
Environmental Governance and ethical business Social Economic
Stewardship Committee in April 2022.

Corporate Responsibility Report 2022: GF stakeholders and CSR priorities 13


GF is committed to upholding the highest degree of ethical behavior in everything we do.
Each of our employees, contractors and consultants has the responsibility to carry out their
duties in a manner consistent with this commitment.

GlobalFoundries’ Worldwide Standards: Focus on preventing corruption


Code of Conduct In addition to the Code, GF has
implemented and communicated our Anti-
GF’s Worldwide Standards: Code of Bribery and Anti-Corruption, Gifts and
Conduct (Code) is the foundation of Entertainment, Conflicts of Interest, Insider
our Ethics & Compliance program and Trading, Anti-Money Laundering, and Fraud

04 Governance an integral part of our Corporate Social


Responsibility Management System. Our
Controls policies to further emphasize to
our employees and business partners our
Code is approved at the highest level of commitment to doing the right thing. These
our company, the GF Board of Directors. policies include plain-language definitions
It sets forth the basic rules, standards and of core concepts, scenarios that serve as
behaviors that we must follow to achieve examples drawn from our employees’ own
our business objectives while upholding experiences, and procedures to ensure
our values. The Code summarizes legal and compliance. Along with the Code, these
ethical standards and provides practical policies form the foundation of our ethics
advice covering a wide range of issues and compliance program.
pertinent to ethical business practices,
including human rights, discrimination, Ethics & compliance office
harassment, environmental responsibility, GF’s Ethics & Compliance Office (a part
protection of confidential information and of the Legal Department) coordinates
intellectual property, anti-bribery and the ethics and compliance program and
anti-corruption. It also explains the major works to foster a culture of principled
elements of our ethics and compliance behavior and decision-making. This
program and identifies where employees office is responsible for promoting
can seek help and support.

Corporate Responsibility Report 2022 14


employee awareness, education, and training, Ethics Committee meets quarterly for operation. The results of this assessment
and implementing a program to assess risks and formal review of key initiatives, metrics are put into practice through policies and
proactively prevent and detect unlawful/unethical and investigations, and each investigation programs covering a range of risk areas
conduct. It is a resource for employees to ask conducted by the Ethics & Compliance including anti-bribery and anti-corruption,
questions or raise concerns and it is an integral part Office is reviewed by a member of the protecting confidential information,
of our culture driven by executive leadership. Each Committee. and insider trading, all of which are also
year our CEO addresses all employees regarding encapsulated in the GF Code.
the importance of maintaining the highest The ethics and compliance program is
ethical and compliance standards as implemented through a Compliance Asking questions, raising concerns,
we perform our work. That message is Network which consists of over 60 no retaliation
continually cascaded throughout the influential employees nominated from Employees, contractors and partners are

04 organization to reinforce the importance of


doing the right thing at all times.
various GF sites and business functions
around the globe. Network members
encouraged to ask questions and raise
concerns. Ethics & Compliance personnel
serve as accessible, familiar contacts to are available in person, by phone or by
The Audit, Risk & Compliance Committee employees and provide a direct conduit email. In addition, GF maintains an Ethics
(ARCC) is the body charged by the GF from each location to the Ethics & First Helpline which is a confidential,
Board of Directors to oversee the ethics Compliance Office. Network members also anonymous whistleblower hotline
and compliance program. The Ethics & help identify key compliance risks, drive administered by a third party. The Ethics
Compliance Office is required to update engagement, and ensure that training and First Helpline is available globally via
the ARCC on key initiatives, metrics, and communications are tailored to the needs of links on both GF’s intranet and external
investigations on a quarterly basis. The the individual sites. website. The Helpline is accessible 24
leader of the Ethics & Compliance Office hours a day, 365 days a year and online
serves as Secretary to the ARCC and has a The Ethics & Compliance Office performs access is available in English, German and
direct line of communication with the ARCC an annual assessment of company risk Mandarin. Call center translation services
Chair. The Ethics & Compliance Office also regarding potential violations of the GF are also available in over 200 languages
works closely with the GF Ethics Committee Code (including corruption, fraud, and enabling employees and other stakeholders
(which includes the Chief Human Resources human rights concerns) and utilizes the around the world another avenue to raise
Officer, Chief Financial Officer, Chief input of subject matter experts and questions and/or report concerns. We
Legal Officer, Chief Audit Executive, and the Compliance Network to validate proactively make this contact information
other senior operations leaders). The GF risk measures by category and region of known through various internal and external

Corporate Responsibility Report 2022: Governance 15


communications throughout the year and include focus, including avoiding conflicts of information. New hires around the globe
it on all GF-issued purchase orders. We promptly interest, appropriate handling and complete “Respectful Workplace” training
review all reports and the company is committed to disclosure of gifts and entertainment, and US employees complete annual
protecting anyone who makes a good-faith report and anti-bribery. We update the training “Preventing Workplace Harassment”
from retaliation or discrimination. Investigations of annually using a risk-based approach. training. These courses are part of a
complaints are overseen by the Ethics & Compliance The training, as well as the Code itself, is broader organizational engagement plan
Office and supported confidentially by other internal delivered in English, German and Mandarin that includes articles, visual displays, and
organizations such as Internal Audit and to ensure that the content is easily other means of communication to ensure
Global Security as appropriate. understood by all GF employees across the education regarding ethical issues. We also
globe. Training completion is monitored conduct a global Ethics Week to heighten
The Ethics & Compliance Office also and enforced by the Ethics & Compliance focus regarding specific provisions of our

04 evaluates conflicts of interest and gifts and


entertainment disclosures and responds
Office and audited by Internal Controls.
Employees maintain over a 98 percent
Code of Conduct. In 2021, despite the
challenges presented by the pandemic,
directly to employee inquiries to ensure on time completion rate. Contractors Ethics Week included video messages,
maximum engagement on Code-related also acknowledge understanding of and online articles and games, and in-person
topics. Ethics & Compliance is similarly compliance with the Code. roundtable discussions between employees
a key member of the GF Charitable and their local Compliance Network
Donations Committee which reviews and GF provides additional focused training for members. Our online activities received
approves prospective corporate charitable targeted audiences. For instance, leaders at over 21,000 unique views. In addition,
donations, utilizing a third-party platform GF across the globe complete a two-hour approximately 400 leaders of our global
to evaluate charitable causes and process instructor led course entitled “Leading with executive team viewed a panel discussion
employee donations and corporate Ethics” that focuses on ethical behavior on the importance of ethics in our day-to-
matches. and decision-making. In 2021, employees day working lives. Panelists included our
throughout the company completed a Chief Financial Officer, Chief Legal Officer
Training and communications course regarding material non-public and Chief Communications Officer, and the
The Code is communicated to all employees information and insider trading awareness. discussion was moderated by the leader of
when they begin work with GF. Code “Avoiding Ethical Pitfalls”, an online targeted the Ethics & Compliance Office.
training is conducted upon hire and is training to our global sales organization
repeated annually. Code training includes focuses on anti-bribery and anti-corruption,
modules with a specific anti-corruption insider trading and protecting confidential

Corporate Responsibility Report 2022: Governance 16


Governance framework The Board is composed of our CEO, Dr. The Audit, Risk & Compliance Committee
Thomas Caulfield, representatives of (ARCC) is mandated by the Board
Corporate governance addresses the way in which Mubadala Investment Company, our to oversee the integrity of financial
companies are directed, controlled and managed. principal shareholder, and other senior statements, financial filings and disclosures;
Our governance framework is focused on four industry leaders. The Board draws on a compliance with legal and regulatory
pillars: responsibility, fairness, transparency and great depth of experience that spans the requirements (including oversight of
accountability. technology, semiconductor and equipment the Ethics & Compliance program); the
industries, international finance, energy, effectiveness of our accounting and
Board of directors
aerospace, infrastructure, real estate, risk internal systems and controls (including the
The Board of Directors (the Board) is
management and business development. company’s internal audit function); the risk
the body charged with the ultimate
The Chairman of the Board is not an management function; approval of related

04
responsibility for ensuring appropriate
executive officer of the company. The party transactions; GF’s ESG programs;
governance across the organization and
Board regularly meets in executive sessions cybersecurity, privacy, and information
establishing the “tone at the top.”
without management present. More details technology; and the independence,
The Board reviews and determines the about the Board of Directors, including qualifications, appointment, remuneration
company’s strategy; monitors and assesses Directors’ biographies and experiences and performance of the company’s external
the company’s financial performance and the Board’s practices are available in auditors. The ARCC regularly meets
and health (including financial and non- GF’s Form 20-F Securities and Exchange with the company’s external auditors
financial metrics); establishes and monitors Commission (SEC) Filing. without management present. Two of the
effective compliance systems and policies three Committee members have been
Board committees determined by our Board as “independent”
to ensure effective management of risks
Four Board Committees support the for audit, risk and compliance committee
and compliance with laws; determines
Board in carrying out its governance purposes as defined by the rules of the SEC
the structure and compensation and
responsibilities: Audit, Risk & Compliance; and the applicable rules of the Nasdaq.
oversees the performance of GF’s executive
People & Compensation; Nominating and The company intends to have a fully
management; and ensures that corporate
Governance; and Strategy & Technology. independent ARCC within one year from the
governance standards are implemented and
Each Board Committee operates pursuant effectiveness of our initial public offering
maintained and that obligations, including
to a separate charter adopted by our Board, registration statement, as permitted by
reporting, to shareholders, are met. All
and conducts regular self-assessments. applicable requirements.
Board Committees review their charters
annually.

Corporate Responsibility Report 2022: Governance 17


The People & Compensation Committee assists the The Strategy & Technology Committee Internal and external auditors play
Board in fulfilling its responsibilities by overseeing assists the Board in its oversight responsi- crucial roles in assisting the Board and
the company’s overall compensation philosophy, bilities relating to strategy and technology management. External auditors are
strategy and programs, including executive matters, including long-term strategy and responsible for auditing the financial
compensation plans. The Committee reviews and plans; strategic transactions; technology statements of the company. The Internal
approves the appointment and promotion of senior roadmap; and productivity and efficiency. Audit organization plays an important
executives, and the compensation of our senior role in providing the Board and senior
executives, including of the CEO; evaluates GF’s chief executive officer management with objective assurance
the performance of our executive officers; GF’s Chief Executive Officer is responsible support for the business and consulting
and oversees employee retention strategy for managing the company’s business and services. Internal Audit evaluates the
and succession planning. is accountable to the Board. The primary effectiveness of risk management,

04 The Nominating and Governance


responsibilities of our CEO and senior
management broadly cover the management
internal controls, and governance
processes, and makes recommendations
Committee advises the Board on the of the day-to-day operations of the for improvement. Internal Audit also
development and review of corporate business, strategic planning, budgeting, acts as a bridge between the Board and
governance guidelines (including the financial reporting, risk management and management and reports directly to the
structure, composition and function of compliance. ARCC.
the Board and its committees); makes
recommendations to the Board regarding Support for the board and its committees Delegation of authority
appropriate candidates to serve as With the ARCC, the Legal Department The Delegation of Authority (DOA) is
Directors and their compensation; and the Internal Controls Department are an important mechanism through which
evaluates Director independence; and mandated by the CEO to oversee corporate the Board directs and manages the
oversees the evaluation of our Board and governance at GF. Together, the Legal and company’s governance framework. GF’s
Board Committees. Internal Controls Departments ensure that DOA, which is made up of two policies —
the organization adheres to the company’s the Corporate Approvals Policy and the
corporate governance framework and Sales Transaction Policy — enables the
associated policies and procedures, provide Board to exercise oversight and control
guidance, and ensure training sessions are over authority levels within the company.
conducted on a regular basis.

Corporate Responsibility Report 2022: Governance 18


In accordance with the GF’s DOA, the Board has Legal, Finance, Manufacturing, Human marital status, medical condition, mental
specified those matters reserved for Board approval Resources, Communications, Technology, or physical disability, national origin, race, reli-
and delegated certain of its powers to the Board Supply Management, and Customer Design gion, protected genetic information, political
Committees, the CEO, and management. The CEO, Enablement organizations. GF has also and/or third-party affiliation, sex, sexual
management, employees, contractors, agents, and established an ESG Workgroup spanning orientation, gender identity, veteran status,
anyone acting on behalf of GF are responsible for multiple organizations which is chaired by or any other characteristic that is protected
ensuring that they operate in accordance with the our leader of Ethics and Sustainability. The by applicable law. GF has set limits on working
DOA. On an ongoing basis, management, in Workgroup contributes to developing and hours and consecutive days for hourly workers
coordination with the ARCC and the Board, implementing GF’s long-term ESG strategy to not exceed 60 hours including overtime,
ensures that the DOA is appropriate for the and ensures organizational readiness to and to not exceed more than six consecutive
nature of the business and reviewed on an address stakeholder expectations. days—except in emergency or unusual situa-

04 annual basis.
Human rights
tions. We also believe in providing internally
equitable and externally competitive rewards
ESG governance and benefits that help foster employees’
GF is committed to protecting fundamental physical, financial and emotional well-being.
The Board oversees the Company’s human rights. GF’s Global Human Rights We follow applicable laws and meet or exceed
ESG matters and programs through Policy formalizes this commitment and wage and mandated benefits.
the ARCC. In addition to the oversight highlights the human rights principles that we
provided by the Board and the ARCC, incorporate into our operations: GF’s Human Rights Policy, together with
GF maintains a Stewardship Committee GF’s Code of Conduct, is aligned with the
which is responsible for setting strategic We provide a safe, fair and inclusive Responsible Business Alliance Code of
direction, conducting management reviews, workplace based on a culture of respect, Conduct (“RBA Code”), which is a set of
and providing guidance and approval dignity and integrity. GF strictly forbids all globally recognized social, environmental
regarding ESG related topics. These forms of child labor and forced, compulsory and ethical industry standards. As a regular
include GF’s EHS and CSR management or trafficked labor in the operation of our member of the RBA, we stand committed
systems, climate risk mitigation, Human business and in our supply chain. We respect to the RBA Code, continuous pursuit of
Capital Development, Diversity & the rights of employees to associate freely excellence in corporate responsibility and the
Inclusion, and Supplier Responsibility. and have a zero-tolerance policy against RBA Code’s escalation into our supply chain.
The Stewardship Committee membership harassment, including sexual harassment, or GF’s Human Rights Policy aligns with inter-
includes executives representing the discrimination based on age, ancestry, color, national norms and standards, including the

Corporate Responsibility Report 2022: Governance 19


Universal Declaration of Human Rights, the United Responsible Business Alliance (RBA) third-party on-site audit program, that
Nations Global Compact, the International Labor self-assessments and audits verifies conformance to each element of the
Organization (ILO) Declaration of Fundamental Annually, we assess our own conformance with RBA Code through interviewing workers and
Principles and Rights at Work, the Organisation for the RBA Code and our Human Rights Policy management, auditing policies and procedures,
Economic Co-operation and Development (OECD) principles using the RBA’s self-assessment and detailed record reviews. We share SAQs
Guidelines for Multinational Enterprises, ISO questionnaires (SAQs) for our corporate and VAP audit results with our customers. GF’s
standards, and the applicable laws of jurisdictions programs and for each of our manufacturing most recent VAP audits have each earned the
in which we operate. sites. To date, all of our SAQs are rated as “low maximum VAP audit score of 200 with zero
risk” for non-conformance with the RBA Code. findings across all five categories audited (Labor,
GF regularly conducts assessments of GF Internal Audit also reviews conformance Safety and Health, Environmental, Ethics, and
human rights in our own operations as with ethical standards as appropriate while Management Systems). We also use the RBA’s

04 well as in our supply chain using RBA’s


self-assessment and audit tools. Potential
executing its audit plan. self-assessment and auditing tools to monitor
our suppliers’ conformance to the RBA Code (see
human rights risks are identified through We also participate in the RBA’s VAP (Validated 10 Responsible Sourcing). GF’s 2022 SAQ scores,
stakeholder communication channels Assessment Program), an independent risk ratings and VAP scores are listed in Table 1.
including questions received, Ethics First
Helpline reports, employee communica-
Table 1. GF’s SAQ Scores, SAQ Risk Rating and VAP Scores
tions, and information received through
2022 SAQ 2020-21 VAP Audits
GF’s participation in sector initiatives on
Score (100 Risk rating Score (200 points Date and
responsible business. When GF identifies points possible) >85% = low risk possible) type of audit
or is made aware of instances of non-con- Corporate 94.3 Low N/A
formance with this Policy, the GF Code, Fab 1 91.2 Low 200 RBA VAP platinum November 2021, initial audit
the law or any other policy or procedure, Dresden, Germany level recognition)
Fabs 2, 3, 5, & 7 88.2 Low 200 (RBA VAP platinum November 2020, initial audit
whether in GF's own operations or in our Singapore level recognition)
supply chain, GF will take appropriate Fab 8 90.2 Low 200 (RBA VAP remote October 2020, initial audit
action to assess, contain and correct the Malta, New York recognition)1
Fab 9 89.9 Low 200 (RBA VAP remote February 2021, initial audit
non-conformance, mitigate potential Burlington, Vermont recognition)1
impacts, and prevent recurrence. Fab 10 90.1 Low — None performed
East Fishkill, New York to date
1
Due to COVID-19, Fab 8 VAP audit was a hybrid audit and Fab 9 VAP audit was fully virtual. RBA currently provides “remote recognition”
for such audits. For reference, Fab 9’s previous 200 point audit score in 2018 received “platinum recognition”.

Corporate Responsibility Report 2022: Governance 20


Risk management and business continuity task, and our manufacturing sites and critical Crisis management
business functions engage in a regular review and GF is committed to company-wide
GF manages risk at the enterprise, business assessment of risks. Risks are identified through a readiness, response and recovery. Our
function and manufacturing site levels to meet variety of assessment methodologies conducted Crisis Management Framework combines
our commitments to customers, shareholders, the by both internal and external resources. The pre-threat assessment with an Incident
community and employees. The ARCC of the Board frequency of these assessments depends on risk Command System approach that
of Directors is accountable for risk management. GF type but is typically annual. During this process, supports the response process across
utilizes an Enterprise Risk Management risks are prioritized and mitigation strategies are all time zones and geographies. This
(ERM) system to provide insight into identified, validated and measured. enables GF to respond to and recover
existing and potential risks that could from a local, regional, national or global
impact our ability to achieve our strategic The following are key elements of GF approach event of significance.

04 goals. A cross-functional team consisting


of senior representatives from Finance,
to business continuity:

• Global scale and operational resiliency


Early pre-threat assessment is
Operations, Supply Chain, Procurement, accomplished through various internal
Communications, Human Resources, with manufacturing operations in low risk and external monitoring systems.
Legal, EHS, and Ethics & Compliance geographies; Assessment of potential impact is
organizations manage the ERM system. This • Executive stewardship and broad organi- coordinated through an internal tool
team focuses on identifying and addressing zational engagement; which serves as a global forum for
the most impactful strategic, operational, communication of potential threats.
• Business continuity and recovery planning;
financial, legal and compliance risks across This provides a means to prepare for a
the enterprise. Our structured approach • Crisis communication and command potential crisis situation, and to ensure
of credible risk assessment, disciplined protocols for prompt and appropriate appropriate escalation should it develop.
mitigation, comprehensive threat awareness attention to threats;
and practiced crisis management enables us The framework uses clear criteria for
• World-class Environmental, Health and
to identify critical risks and target mitigation activation and escalation of the Global
Safety programs support loss prevention
programs at the appropriate level to avoid and Site Crisis Teams which include
and mitigation;
loss, disruption, or interruption of mission- broad organizational representation.
• Proactive management of supply chain risks. This ensures an integrated and
critical activities and systems. Management
and maintenance of risk mitigation and consistent response regardless of the
business continuity plans is an on-going type of event.

Corporate Responsibility Report 2022: Governance 21


Secure manufacturing – cybersecurity modules each quarter. We average above a as well as GF’s experience as a certified
97 percent on time completion rate on each international Common Criteria standard
GF SHIELD is GF’s comprehensive, company-wide of the modules. We augment this training (ISO 15408) manufacturer, and adopts
program to engage every employee to safeguard and with corporate wide and management many of those stringent security capabilities
protect our and our customers’ intellectual property communications regarding specific threats to all GF locations and customers. The
and products. With GF SHIELD, we have embraced and reminders. Lastly, role-specific training ISO 15408 (Information Technology —
our role as a relied-upon partner and a world-class is provided on an annual or as-needed Security Techniques) certification allows
secure and trusted foundry. basis for certain employees whose job GF fabs to produce chips for financial
roles require an enhanced level of security transactions, smart cards, digital IDs as
Protection of information, data and assets
awareness and control as well as data well as other products and applications for
is the foundation of GF’s partnerships
privacy and government product security. the public sector or industries that require

04
with our customers and suppliers. GF
an extra level of security and integrity in
SHIELD integrates information security, The GF SHIELD Core Team (made up the production process. In addition, we
product security, operational security, of the GF SHIELD Regional Task Force maintain ISO 27001 (Information Security
and cyber security into a comprehensive leaders) coordinates strategy and Management) certifications for Fab 1 in
program that covers all phases of the tactical deployment of GF SHIELD Dresden, Fab 7 in Singapore, and Fab 8 in
customer experience. From the initial protective elements across the four Malta.
meeting, through development, design, disciplines of Information, Cyber, Product
fabrication, delivery, and even disposal and Operational Security. GF SHIELD
of product-related scrap—and every Regional Task Forces then work within
step between—GF SHIELD is in place to their geographic region to implement and
ensure a customer’s products and sensitive measure compliance to GF security policies
information remain secure. Annually, we at an operational level.
conduct comprehensive security training
for all employees, covering Information The GF SHIELD program leverages and
Security, Cybersecurity, Operational embraces GF’s experience as a Trusted
Security, and Product Security. Each Foundry and supplier of advanced
training module is updated at least annually, semiconductor to the U.S. government
and employees are assigned one of the four and the aerospace and defense industry,

Corporate Responsibility Report 2022: Governance 22


Our approach
cover a wide range of health and safety
GF has a foundational commitment to the aspects, including injury and illness
safety and well-being of our employees, prevention, emergency preparedness,
contractors, visitors and communities. electrical safety, chemical safety, and
This commitment is our North Star in GF’s industrial hygiene monitoring program
Journey to Zero. We strive to continuously requirements.
reduce occupational injuries and illnesses in
all of our operations, with an ultimate goal of Our enterprise-wide health and safety
zero incidents. management system is based on our
EHS Policy and Standards and covers all

05 Health, safety
The GF Journey to Zero emphasizes that all activities performed at GF manufacturing
injuries are preventable, and together we sites. It is certified to the ISO 45001
can create a culture where the expectation Health and Safety Management Systems

and well-being of zero injuries and incidents is the norm.


This fundamental principle underlies
standard, after a successful transition
from our OHSAS 18001 health and safety
our Global EHS Policy, which commits management system certification in April
us to providing safe and healthy working 2021 (certificate available here).
conditions that prevent injuries and
illnesses, and to the elimination of hazards “Consultation and Participation” is a key
and the reduction of safety risks, utilizing tenet of ISO 45001, with the intent to
the principles of behavior-based safety and ensure employees and on-site contractors
a hierarchy of risk-mitigation controls. are fully engaged in the health and safety
management system. Communication,
Our Global EHS Policy and Standards engagement and training are key
are the foundation of health and safety components to facilitate safe behaviors at
programs at each manufacturing location. GF. This includes encouraging employees
The Global EHS Standards provide and contractors to raise safety concerns
a consistent set of procedural and and report near misses and unsafe
performance requirements that apply behaviors. GF actively addresses this
globally throughout the company. They through our Safety Committees, EHS

Corporate Responsibility Report 2022 23


training programs and awareness initiatives. GF At each fab site, GF’s health and safety Safety performance in the workplace
provides and facilitates a wide scope of general and professionals, management and employees
job-specific health and safety training as defined by share responsibility for implementing We measure progress on the Journey to
regulatory requirements and our own determinations the Global EHS Standards through local Zero with a range of metrics—both leading
in accordance with the Global EHS Standards: GF programs and operating procedures. and lagging indicators. We evaluate all
employees at manufacturing sites must complete Applying the behavior-based safety occupational injuries and illness cases to
annual basic health and safety training that approach, our programs recognize and identify their root causes and determine
addresses how to protect themselves from facilitate individual safety awareness and appropriate preventive measures and
potential hazards present in the workplace, behaviors. As part of our risk assessment corrective actions. Case reports for
prevent injuries, what to do in emergency process, health and safety professionals occupational injuries and illnesses, along
situations, including evacuations, as engage with operational personnel to with evaluations that identify root causes

05 well as providing an overview of sites'


general EHS procedures, practices and
analyze potential process hazards and
mitigate them according to the following
and determine appropriate preventive
and corrective actions, are shared across
programs. Beyond this basic training, hierarchy of controls: our global sites. We set aspirational
job-specific health and safety training internal goals to further drive our safety
is assigned according to job category to • Elimination (such as eliminating the use performance and reduce work-related injury
address specific risks and cover the related of a material, or task step); frequency and severity.
procedures, practices and programs. All • Substitution (such as replacing a haz- At the highest level, we measure our safety
contractors receive an EHS orientation ardous process or material with a less performance with the following lagging
before commencing work at GF premises. hazardous one); indicators:
The contractor EHS orientation must also
• Engineering controls (including ventila-
be completed annually. • Total Recordable Injury Rate (TRIR:
tion, equipment interlocks, enclosure,
segregation, etc.); measuring the number of recordable
injuries or illnesses); and
• Administrative procedures (developing
procedures, implementing training, etc.); • Lost Time Injury Rate (LTIR: measuring
the number of injuries that result in
• Personal protective equipment (to employees missing one or more work-
manage any residual risks, after all other days after the day of injury or illness).
controls have been implemented).

Corporate Responsibility Report 2022: Health, safety and well-being 24


Figure 2 shows GF’s corporate rates from 2018 Figure 2. GlobalFoundries corporate Total Recordable Injury Rate, and Lost Time
through 2021 in comparison to the 2020 U.S. Injury Rate (2018-2021) as compared to 2020 U.S. Bureau of Labor Statistics rates
Bureau of Labor injury rates for the semiconductor for the semiconductor Industry. The graph includes GF employee injuries only.
industry (2020 is the most recent year for which
these governmental statistics are available).
Total Recordable Injury Rate (TRIR) 2018–2021
0.8
Continuing on our Journey to Zero path, our global Total Recordable
safety incident rates remained at significantly 0.6 Injury Rate (cases per
200,000 hours worked)
lower levels than (were better than) the 2020 U.S. 0.36
0.4 U.S. BLS 2020 Average
Bureau of Labor Statistics (BLS) rates for Total Recordable Injury
0.18 0.13 0.13
the Semiconductor Industry, which is the 0.2 Rate (NAICS 334413)

05 most recent BLS dataset. Our 2021 TRIR


was 0.13, same as in 2020, which was the
0
2018 2019 2020 2021
lowest rate since GF was founded in 2009
and significantly lower than the comparable
2020 U.S. BLS rate of 0.7. Similarly, our 2021
Lost Time Injury Rate (LTIR) 2018–2021
LTIR remained at the same low level of 0.1
0.8
as 2020 and was well below the 2020 U.S. Lost Time Injury Rate
(lost day cases ≥ 1 day per
BLS LTIR for the semiconductor industry, 0.6 200,000 hours worked)

which was 0.2. During 2021 there were zero U.S. BLS 2020 Average
0.4
work-related fatalities or high-consequence Lost Time Injury Rate
0.19 (NAICS 334413)
work-related injuries2 affecting GF employees 0.2
0.09 0.10 0.10
or contractor employees performing work 0
at GF fab sites. For both GF employees and 2018 2019 2020 2021
contractors, the main types of work-related
injuries were struck by or against cases,
followed by caught in or between cases, as
well as slip /trip/ fall cases.
2
High-consequence work-related injury: As defined per GRI 403: Occupational Health and Safety 2018, this is a work-
related injury that results in a fatality or in an injury from which the worker cannot, does not, or is not expected to
recover fully to pre-injury health status within 6 months.

Corporate Responsibility Report 2022: Health, safety and well-being 25


Managing chemicals safely Promoting health and well-being available to all employees and their families
providing confidential access to counseling
Semiconductor manufacturing takes place in a highly We place great value on our employees’ on a variety of topics including personal,
controlled cleanroom environment. Equipment and overall health and wellness. GlobalFoundries family, workplace, legal and finance related
chemical/gas distribution systems are completely was proud to receive the 2021 Healthiest to mental health and well-being.
enclosed, providing an ultra-clean manufacturing Employers Award (Fab 8) and the 2021
space and safe working conditions. Stringent Governor’s Excellence in Worksite Wellness Annually in September, our facilities across
material handling procedures include Award (Fab 9). Each of our manufacturing the globe hold a themed “Health Day” for
automated chemical delivery systems and facilities has an on-site clinic and medical all employees with information campaigns
sophisticated manufacturing equipment professionals who administer health and and activities to further promote a healthy
that incorporates multiple engineering wellness programs in collaboration with lifestyle. GF Health Day is a dedicated

05 controls to minimize the risk of chemical


exposure for employees working in the
Human Resources and following applicable
data privacy rules. Our health professionals
time to promote available health and
well-being resources for employees and
family members with a focus on physical,
cleanroom and chemical distribution areas. engage globally within the Center of
GF thoroughly reviews all new chemicals Excellence for Occupational Health and emotional, social, community, financial
before their introduction to our sites Employee Well-Being to share knowledge and career well-being. In 2021, our mostly
and ensures that proper safeguards and and drive continuous improvement. We virtual health days included informative
material handling procedures are in place. encourage employees to live healthy, active sessions on how to deal with stress, change,
Our chemical management systems at each lives, and provide support through services mindfulness and how to positively impact
site provide employees with ready access to such as vaccinations, health screenings and physical and mental health as we navigate
Safety Data Sheets (SDS) and identification surveillance, dietary consulting, on-site through challenging times. GF sites also
of appropriate personal protective fitness facilities, first aid training, and offered on-site seasonal flu vaccinations, all
equipment when necessary. safety tips for travelers. GF also has a following GF’s strict site access and social
robust Employee Assistance Program (EAP) distancing guidelines.

Corporate Responsibility Report 2022: Health, safety and well-being 26


COVID-19 employee protection measures at our manufacturing sites or reopen to avoid exposure and stop the spread
smaller regional offices. With the growing of COVID-19, ergonomic guidance and a
Over the course of the COVID-19 pandemic through availability of vaccines, we have been able to reimbursement program for employees
the last two years, GF’s strict on-site protocols, along increase employee on-site presence where working from home to purchase more
with our extended work-from-home mandates, has this can be safely accomplished. ergonomic office equipment . Our health
allowed us to protect our employees, contractors teams also offered ideas and best practices
and visitors to GF facilities while we maintained our Throughout our response we consulted for managing stress and enabling social
essential manufacturing operations. our employees, seeking their active connectivity while working remotely, along
participation in protecting themselves and with fun ideas on how to keep active and
GF has implemented a measured others. This was accomplished through a work out at home.
Return-to-Workplace process, including robust set of Frequently Asked Questions,

05
a comprehensive “Playbook” for GF regular communications from our CEO and
employees. GF follows at minimum his leadership team, and targeted questions
all applicable COVID-19 regulatory in our global ONEGF Surveys regarding our
requirements, including hygiene and social COVID-19 response.
distancing measures, employee testing
schemes and vaccination status tracking. Since the beginning of the global COVID-
We continuously monitor key indicators 19 pandemic in 2020, our health teams,
such as case rates normalized to regional in close cooperation with our Epidemic
populations, virus variant occurrence, Management Teams, continue to provide
testing volumes and test positivity rates, employees with assistance and information
and vaccination rates, along with regional on how to stay healthy and well, both
healthcare capacity. These indicators form physically and mentally. This includes
the basis of decision-making regarding offering COVID-19 vaccinations and booster
whether to increase employee populations shots to our employees, up to date tips

Corporate Responsibility Report 2022: Health, safety and well-being 27


Technologies from GlobalFoundries Many automakers and industry suppliers
(GF) are helping to address some of the rely on multiple automotive-qualified
world’s most pressing climate, resource GF differentiated technologies, which
sustainability and societal challenges. are solving some of the most difficult
The low power consumption, outstanding power challenges presented by vehicle
high-frequency performance, and power- electrification and EVS. For example, one
handling capabilities of GF technologies, key goal is to enable an EV to travel farther
among other attributes, make it possible for on a single battery charge. To do this,
our customers to create innovative solutions battery efficiency must be increased for
that address these important challenges greater output, and the substantial weight
in areas such as transportation, wireless of EV batteries and related components

06 Technology connectivity, computing and many others. must be reduced. Chips designed and
manufactured with GF differentiated
Driving Progress in Electric Vehicles (EVs)

solutions for
technologies make possible new battery-
management systems (BMS) that address
The world is rapidly moving toward the
these needs in the harsh, real-world
electrification of vehicles, with the goals

humanity
environments in which vehicles operate.
of reducing the impact cars, trucks and
buses have on the world’s climate; reducing Edinburgh, Scotland-based Dukosi
localized air pollution; and using energy Ltd has developed an advanced BMS
resources more sustainably. According to based on GF technologies. Dukosi’s BMS
EV-Volumes.com, the electric vehicle world chipset transmits data on the health of
sales database, global EV sales totaled some an EV battery’s individual cells wirelessly,
6.75 million units in 2021, representing eliminating more than 95 percent of the
108 percent more electric and plug-in hybrid cables currently required to monitor the
passenger vehicles, light trucks and light temperature, health and state-of-charge in
commercial vehicles than the year before. EV battery packs. This allows designers to
Many automakers have announced plans to re-architect EV battery systems for higher
electrify significant portions of their lineups and more reliable output through greater
over the next 10 years. cell density while also reducing weight.

Corporate Responsibility Report 2022 28


Moreover, when an EV battery reaches the end of Many customers also rely on GF’s equipment; and to make possible new ways
its useful life in a vehicle, its individual cells still may differentiated solutions to design for society to benefit from the rapidly
be used in less-demanding applications in the home automotive chips for adaptive cruise growing numbers of connected devices
or in industry. It isn’t always easy to accomplish this control, automatic emergency braking, comprising the Internet of Things (IoT).
effectively, but Dukosi’s GF-enabled BMS system will blind-spot monitoring, lane-change assist
make it easy to redeploy EV battery cells to other uses. and other advanced driver-assistance In smartphones, the RF front-end is the
system (ADAS) functions. One noteworthy circuitry that connects the phone to the
Fast battery charging is another key example is GF’s partnership with Bosch, a network. We believe that approximately 85
requirement for vehicle electrification. EV major supplier to the automotive industry, percent of today’s smartphone front-ends
charging stations convert AC power from to develop a next-generation millimeter- are based on GF’s RF technologies, which
the grid into the specific DC voltage and wave (mmWave) automotive radar system- enable state-of-the-art data transmission

06 current needed by EVs, using components on-chip (SoC) for ADAS applications. rates, range and battery performance.
called AC-to-DC converters. These require Next-generation smartphones require
chips with specialized power-management Enabling better, more energy-efficient mmWave front-ends to connect over
features, and GF’s wide offering of such wireless devices and networks >24GHz frequencies for even higher data
solutions enables our customers to rates, and GF technology enables highly
design EV charging stations with high A veritable revolution is taking place in the efficient mmWave solutions for lower
levels of conversion efficiency and cost- use of wireless technologies to address average power consumption.
effectiveness. Higher efficiency shortens climate, sustainability and social needs,
the time needed to charge a battery and, and GF solutions are playing a big part of it. Smartphone innovations that maximize
therefore, enhances the market appeal of Our differentiated technologies are used to the user experience and thereby increase
EVs over traditional internal combustion create high-performance, energy-efficient user engagement are a big driver of the
engine vehicles. GF technologies are also RF front-ends, transceivers, display drivers, wireless revolution, and our technologies
being used for entirely new applications low-noise amplifiers, power amplifiers, are helping to drive them. For example, GF’s
designed to further increase the efficiency power management and other circuits customer Cirrus Logic uses our solutions to
of EVs. One is drive-by-wire technology, essential for device connectivity. They design low-power, high-performance audio
which uses an electrical signal rather than a are also used to modernize and enhance amplifiers for smartphones, giving users the
physical connection to connect the steering the capabilities and energy-efficiency of benefits of outstanding audio quality and
wheel to the wheels, reducing an EV’s bill of wireless network infrastructure, including longer battery life.
materials and its weight. reducing the physical size of infrastructure

Corporate Responsibility Report 2022: Technology solutions for humanity 29


GF solutions are also widely deployed in the An example of the social value of increased more efficiently and minimize the loss of
backbone infrastructure of wireless networks, wireless connectivity is the growing ability resources. Users receive accurate, timely
where 5G technology can dramatically reduce to provide internet access to remote, under- consumption data that can help them
network energy consumption compared to served areas of the world via satcom, or reduce their consumption and spending.
previous-generation cellular technologies. These satellite-based, communications protocols.
technologies have helped to make possible the This gives people the opportunity to take Also, wireless IoT devices are typically
widespread adoption of working and learning from advantage of the benefits of connectivity battery-powered, and GF’s highly efficient
home necessitated by the COVID-19 in areas where terrestrial infrastructure is solutions support increased battery
pandemic. Wireless connectivity enables expensive or difficult to deploy. life to reduce the number of potentially
people to work, learn, shop and conduct hazardous lithium-ion batteries discarded
other activities remotely, saving the Maximizing the benefits of the internet on an annual basis. For example, our

06 of things
energy that otherwise would be required customer GreenWaves Technologies
for transportation and to power office uses GF technology as the foundation of
GF’s solutions specializing in low power, a low-power IoT processor for the fast-
buildings and campuses.
RF and system-on-chip integration also growing hearables market. Hearables is
GF’s solutions are also unlocking the vast enable our customers to develop new the term for electronic in-ear devices,
potential of 5G and future 6G wireless wireless Internet of Things (IoT) devices such as earbuds. GreenWaves’ GF-based
communication networks to meet climate, and applications that lead to greater processor makes possible the long battery
energy and social goals. One example operational efficiency, reduced energy use life, state-of-the-art sound quality and user
is the growing use of 5G technology to and conservation of resources. Smart utility experience, by significantly reducing the
route, track and monitor goods in real- meters for water, gas and electricity are one energy required for typical activities such
time. This real-time capability provides such application. as music playback, active noise cancellation
greater visibility into supply chains and and voice commands, and by using artificial
Smart meters measure and monitor
leads to major improvements in logistics intelligence to free up power to improve
consumption, and then communicate
efficiency. According to industry studies, audio quality.
the data wirelessly to utilities and
these improvements have the potential to
municipalities, who benefit in many ways. Energy-efficient solutions for
reduce annual emissions by 55 million tons
Utilities can reduce their distribution computing and control
of carbon dioxide equivalent (MTCO2e)
costs, minimize waste, increase production
emissions, through substantial reductions in
efficiency and accelerate cash flow. “The electrification of everything” refers
the use of gasoline and diesel fuels.
Municipalities can use the data to operate to the fact that electricity—increasingly

Corporate Responsibility Report 2022: Technology solutions for humanity 30


obtained from renewable energy resources (29 percent proliferate and get both larger and denser, as Other GF solutions address the
in 2020, per the International Energy Agency)—directly data volumes increase, and as AI and other performance and energy use of AI
powers more and more of the devices, machines and sophisticated, energy-intensive computing computations running within data
processes we use in virtually every area of life today. techniques are used. centers. A key issue is the need to reduce
Greater electrification requires the ability to control the power required to move data back
these systems effectively, efficiently and safely, and GF offers several differentiated solutions and forth within data centers, and
GF offers many solutions to do that. For example, that meet the needs of data centers while between data centers and the outside
devices called microcontrollers are essential reducing energy use versus alternatives. world. While there are many different
components of the digital control systems One is the GF Fotonix™ platform, which aspects to this issue, in general it is
used with modern electrified products and integrates sophisticated photonic (light- referred to as the power bottleneck. GF
systems, from industrial machinery, wired based) components monolithically on the is working with leading AI researchers

06 IoT networks and HVAC equipment, to home same chip with high-performance CMOS to develop new, much more efficient
automation, medical, automotive and other logic and RF functions. GF customers are computing architectures and algorithms
systems too numerous to mention. using GF Fotonix to develop next-generation to get around the power bottleneck,
optical interconnects for data centers, and to open up new AI horizons using GF
GF’s portfolio of differentiated technologies, taking advantage of the fact that photonic technologies.
and its sophisticated design tools, enable interconnects for data transmission is much
customers to develop highly integrated more energy-efficient than copper-based One way this could be accomplished is
microcontrollers with sensing, logic, memory, interconnects for high bandwidth data center with optimized processing accelerators
power management and communications applications. The technology ultimately will built to resemble memory architectures.
functionalities, along with high levels of enable the reconfiguration of data centers to Often referred to as “compute-in-
energy efficiency, for the control of electri- increase the total overall energy efficiency of memory” devices, they can perform
fied systems. data transport for machine learning/AI. computing operations in parallel, making
them ideal for AI computations but at
High-performance computing and GF is also developing the GF Fotonix platform
substantially lower total power. This will
artificial intelligence (AI) to enable new ultra-low-power photonic
enable a greater use of AI at the network
computing paradigms, including wafer-
edge, such as in IoT devices, where GF
Much of the world’s high-performance, scale photonic neural network processors
technology offers a strong combination
data-intensive computing takes place in data and photonic quantum computation. Both
of computing performance and energy
centers, which are heavy users of electricity. will offer substantial energy reduction per
efficiency.
Electricity use continues to rise as data centers computing task.

Corporate Responsibility Report 2022: Technology solutions for humanity 31


GF’s power efficient platforms deliver novel solutions Another is the human-machine interface on a single charge. These products are
for datacenter platforms including but not limited (HMI), which is key to how effectively people expected to unlock exciting new capabilities
to inductors, PMICs (power management integrated will engage with an electronic device or in warehouse management, factory
circuits), voltage regulation and beyond. These system. GF’s differentiated technologies are automation, healthcare and other areas.
platforms can deliver measurable power reduction used to build many types of HMI systems for
for data centers. GF is working with leaders in the a range of different applications. For exam- GF is committed to maintaining its lead
datacenter space as well as leading suppliers of ple, GF technology is used to integrate image in power management solutions and is
power management silicon to enable these savings. sensing with logic to enable image classifica- investing in gallium nitride (GaN) technology
tion, an AI-based image-analysis technique research and development as one way to
Smart sensors, the human-machine that can give an electronic system greater do that. GaN devices can operate at higher
interface, and new horizons in power context awareness. In a factory setting, this voltages more efficiently and reliably

06
management can increase employee efficiency and safety than silicon, and one major area of growth
while reducing energy use and waste. for GaN technology is in systems called
GF’s differentiated technology solutions inverters. Inverters are used to convert DC
are being used to address climate, GF also offers augmented/mixed/virtual power from solar farms to AC power for use
sustainability and societal needs in many reality (AR/MR/VR) solutions for novel in homes and businesses, to control electric
other applications as well. Smart sensors HMI applications that can lead to new motors in EVs, and to make many other
are one example. A smart sensor is a device human-machine engagement paradigms. applications more efficient.
that takes information from its physical One possibility is to use these capabilities to
environment and uses its embedded logic reduce the need for business travel and its Meeting the needs of humanity
and wireless capabilities to monitor various associated emissions by enabling increasingly
scenarios and systems. GF technologies are realistic virtual meetings, with the goal of GF’s differentiated technology solutions
used to build many types of smart sensors achieving true “holographic telepresence.” offer compelling value to customers and
for automotive applications, such as remote To help make this and other applications to society at large. While the functional
sensing (radar or lidar, Light Detection possible, GF has formed a strategic attributes of our differentiated solutions
and Ranging), image sensing and motion partnership with Compound Photonics, a differ, what they all have in common is their
detection around a vehicle. By helping leader in microdisplay solutions for AR/MR ability to help customers address their most
drivers avoid collisions, these systems can systems. The goal is to develop a real-time pressing challenges in ways that minimize
save human lives, reduce traffic congestion holographic consumer AR experience, based climate impacts, use as few resources as
and extend a vehicle’s useful life. on smaller, lighter AR glasses that last longer possible, and help to create products and
systems that meet human needs.

Corporate Responsibility Report 2022: Technology solutions for humanity 32


Diversity, equity & inclusion global markets. We achieve greater things
by effectively leveraging the power of
At GF, our people embody and exemplify our diversity. GF is proud to employ a
our company’s vision and mission. highly diverse, multicultural workforce
representing more than 92 nationalities
GF knows the best ideas come from a across 13 countries. We harness the unique
diverse team being inclusive, and that our backgrounds and experiences of our
success rests on empowering employees to employees and unite together to develop,
bring their whole person—approximately design and manufacture technology
15,000 employees with unique talents solutions.
and distinctive qualities—to our company.

07 Human capital Building a culture of inclusion drives better


business outcomes and retains talent.
As a global company, GF recognizes and
GF provides a safe and respectful work
environment that nurtures personal
fulfillment at work. We have a zero-

– diversity, values the wide variety of cultural values,


traditions, experiences, education and
tolerance policy against harassment,
including sexual harassment, and

equity &
perspectives of our team and communities. discrimination based on age, ancestry,
GF’s culture of inclusion leads to higher color, marital status, medical condition,
levels of belonging, engagement, retention, mental or physical disability, national origin,

inclusion
and ultimately higher-performing teams. race, religion, political and/or third-party
Our values of Create and Deliver speak affiliation, sex, sexual orientation, gender
to “what we do'' as a company while identity or veteran status. We also respect

and talent Partner and Embrace speak to “how we


work together” to enable a culture that
the rights of employees to associate freely.

By embracing diversity, equity and

development
encourages each individual to do their best
work and be the best version of themselves. inclusion as a company and as individuals,
we collectively share ownership in how
We are committed to leveraging, embracing DE&I are embedded in all we do. The core
and expanding upon the diversity of our foundational elements of GF’s strategy
team as a competitive advantage in our include:

Corporate Responsibility Report 2022 33


• Increasing representation of women and under- outreach to universities in each region and which specifically acknowledges the unique
represented minorities across the company. partners like Fairygodboss, Jobsforher, skills of Black leaders and the challenges
the National Society of Black Engineers, they face. Additionally, GF will participate
• Advancing equity in systems and processes for
the Society of Hispanic Engineers, and in future McKinsey Asian and Hispanic
professional development, rewards, hiring and
the Society of Women Engineers, among programs. GF women enjoy growing their
advancement.
others. GF has introduced Global Journey, a careers here with focused developmental
• Building inclusive leadership and creating a new re-entry program for people who have opportunities. GF women participate in
culture of inclusion to enable better business taken a career break and are ready to return executive education with Smith College.
outcomes. to work. This marks the next milestone Similarly, GF has entered into a partnership
Our DE&I commitment starts at the top. of inclusivity at GF as a commitment with the Jackie Robinson Foundation (JRF).
Our executives appoint committees to equitable career development and This partnership focuses on advancing

07 and business leaders who act as DE&I


Champions, working to set organizational
advancement opportunities. In addition,
retention is monitored closely to
higher education opportunities for
underrepresented minorities by providing
goals to advance DE&I as a business- understand the talent losses and reasons multi-year scholarship awards to highly
led initiative. GF focuses on increasing why individuals depart from the company. motivated college students with an interest
representation through measuring all Retention strategies are developed to in STEM—science, technology, engineering
aspects of the employee lifecycle including understand and address specific areas of and math.
attraction, recognition, development, and concern.
GF is speaking out on societal issues that
advancement of diverse talent, including
After hire, our focus turns to developing affect racial justice and equity. We continue
women globally, and underrepresented
diverse talent to prepare individuals to sponsor a Social Justice & Equity
minorities in the U.S. GF has made and
for future roles within the company. campaign, donating money to nonprofits
continues to make progress in our executive
GF provides differentiated leadership which fight systemic racism and help
representation for women and under-
development programs regionally which advance the cause of racial justice, equality,
represented minorities through expanded
includes on-the-job training, sponsorship and an inclusive society. In addition, our
executive accountability, creation of long-
and other professional development CEO, senior leaders and Employee Resource
and short-term goals, implementation of
to further increase skill development, Group (ERG) sponsors meet with employees
diverse slates, and early identification and
visibility and mentorship. A group of across the globe to address and discuss
advancement of top talent. As part of the
outstanding GF leaders participated in the impact of racism in the world and to
approach, we have robust analytics and
the McKinsey Black Leadership Academy promote dialogue within our team regarding
clear talent acquisition strategies including

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 34
the external and internal impacts of these issues. Employee Resource Groups (ERGs) are individualism while continuing to build an
We also facilitate listening circles and roundtables to another important element for creating a inclusive culture within GF that promotes
inform our strategy going forward. We are passionate culture of inclusion and to help support the recruitment, retention and professional
about our future and the company we are becoming, needs of under-represented populations. advancement of Black employees.
including taking action to embrace a more socially ERGs are voluntary, employee-led groups
conscious culture. GlobalFamilies provides a community for
that foster a diverse, inclusive workplace
employees and their families and shares
aligned with GF's organizational mission,
Increasing inclusive leadership and building helpful resources to promote work-life
values, goals, business practices and
a culture of inclusion is a key objective balance. It focuses on growing the GF
objectives. At GF, the benefits of ERGs
of our DE&I strategy. GF’s cornerstone community, connecting families through
include the development of future leaders,
executive education program, LEADING@ outreach, providing helpful resources such
increased employee engagement and

07
GF, includes custom Inclusive Leader as expecting parents bootcamp, and hosting
expanded marketplace reach:
training on unconscious bias, cultural special events for GF families to come
competencies, inclusion, allyship, social GLOBALWOMEN (GW), GF’s largest together.
tolerance and equity. All managers are employee resource group is an alliance
United States Veteran's Resource Group
required to take unconscious bias training of 1500+ women and men working in
(VRG) builds our veteran talent pool,
and a series of learning modules have been partnership to drive initiatives that support
fosters a professional network and supports
developed for managers to understand the professional development of women
veterans throughout the community. Their
where biases show up in promotions, at GF. Each of the company’s locations
motto is SERVE: Support, Empower and
performance management, hiring and has a local chapter, offering events such
Recognize Veteran Expertise.
everyday interactions. This training ensures as networking and mentoring, executive
all leaders know how to foster an equitable and guest panel discussions, professional Early Career and Tenure Resource Group
and inclusive culture and lead with humility. development opportunities, external cultivates a community that welcomes
It reinforces that our managers are the conference participation, and STEM employees within the first years of their
face of DE&I within their organizations community education programs for women. career by focusing on camaraderie, career
and that inclusion at GF means everyone’s growth and community.
contributions are welcome, all perspectives Black Resource Affinity Group (BRAG),
are heard and valued and every person has a whose mission is to foster an environment Hispanic/Latinx Resource Group, Unidos,
sense of belonging. that embraces diverse experiences of Black empowers and encourages Hispanic/
employees, provides a safe place to express Latinx employees through collaboration

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 35
and sharing across GF, serves as a resource for Employee engagement and feedback managers are required to build action plans
professional development and networking, fosters to address specific areas of improvements.
Our biannual engagement survey process takes
a community of support, respect and advancement
the pulse of employee sentiment with an 80 Workforce composition
and builds Hispanic/Latinx representation at GF.
percent participation on average. Each survey GF is committed to expanding the diversity
LGBTQ+ Resource Group, Pride@GF, is dedicated design focuses on engagement, employee sat- of our team, which leads to greater success
to providing an inclusive environment for members isfaction, belonging and manager effectiveness. in our global markets. The composition of
of the LGBTQ+ community and their allies, Other emerging themes are covered to ensure our global workforce by region, gender,
empowering employees to bring their full employee feedback is understood as we contin- employment type (regular / temporary)
selves to work, and informing and guiding uously develop actions to create and sustain the and nature of contract (full time / part time
GF to create a culture of inclusion. It offers work environment our people seek. The pulse contracts) is presented in Table 2, while

07
a safe space where members can voice survey provides quantitative and qualitative data Table 3 provides an overview of the compo-
concerns and take actions to foster a more on how we are building a culture of inclusion and sition of our global workforce by employee
supportive environment for LGBTQ+ engaging with our employees. Company results category and gender. Table 4 and Table 5
employees. Pride@GF aims to educate, and actions are shared with all employees at CEO provide additional information about our
raise awareness and share information quarterly Globalcast and townhall meetings. All U.S. workforce and leadership composition.
about issues that affect members of the
LGBTQ+ community at GF, while providing Table 2. GF’s workforce composition
opportunity for mentoring, networking
by region, gender, employment type and contract (as of December 31, 2021)
and cultural appreciation. Region All employees All employees Regular Temporary** Full time Part time
Male 77.7% 98.9% 1.1% 98.9% 1.1%
U.S.* 43.1% Female 21.5% 98.5% 1.5% 97.8% 2.2%
AAPI Resource Group, ASIA (Asian Society All 99.2% 98.1% 1.2% 97.9% 2.1%
for Inclusion and Awareness) together Male 65.5% 98.4% 1.6% 100.0% 0.0%
with their allies, is dedicated to creating Asia Pac 33.8% Female 34.5% 98.5% 1.5% 99.9% 0.1%
All 100.0% 98.4% 1.6% 100.0% 0.0%
an inclusive and socially just environment Male 82.5% 95.1% 4.9% 74.6% 25.4%
for Asian American and Pacific Islanders EMEA 23.1% Female 17.5% 92.8% 7.2% 67.8% 32.2%
by supporting and promoting interests All 100.0% 94.6% 5.3% 73.4% 26.6%
Male 74.7% 97.8% 2.2% 93.0% 7.0%
of the community through networking,
All GF 100% Female 25.0% 94.6% 2.4% 94.0% 6.0%
mentoring, awareness and action to affect All 99.6% 97.4% 2.3% 92.9% 7.1%
meaningful change in our community. * 0.8 percent of U.S. employees (equals 0.35 percent of total) have not self-identified or not disclosed their gender
** Temporary employee category includes contingent workers (equals 0.2 percent of total) as well as other employees,
such as apprentices, students, and interns (equals 1.9 percent of total).

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 36
Table 3. GF’s workforce composition by gender Table 4. GF U.S. workforce composition by ethnicity
(as of December 31, 2021)+ (as of December 31, 2021)°

US workforce by race category Overall totals Change from 2020


2021 Global workforce Change from 2020

White 72.5% +0.7%


Employee category Male Female Female
Asian 17.4% –1.0%
All GF employees++ 75.2% 24.4% +0.4% Black / African American 3.3% 0.0%
Entry level +++
71.6% 28.4% –2.1% Hispanic/ Latinx 3.5% +0.3%

Engineering roles 77.5% 22.5% +0.6% Not self-Identified 1.5% –0.2%

07
Two or more races 1.4% +0.2%
Non-technical roles 74.4% 25.6% +0.5%
Native American / Alaska Native 0.3% 0.0%
All managers++++ 79.3% 20.7% +0.7%
Native Hawaiian or Pacific Islander 0.1% 0.0%
Directors and above 81.8% 18.2% +0.4%

Vice Presidents and above 85.7% 14.3% 0.0%

Senior Vice Presidents Table 5. GlobalFoundries U.S. minority representation


92.3% 7.7% +1.0%
and above in leadership (as of December 31, 2021)°
Board of Directors+++++ 81.8% 18.2% +9.1%
US workforce by race category Minority Change from 2020

Directors and above 27.7% +3.5%


Vice Presidents and above 19.4% +6.0%
Senior Vice Presidents and above 16.7% +9.5%
Board of Directors+++++ 9.1% +9.1%
+ Numbers in Table 3 include contingent workers; does not include other employees,
such as apprentices, students, and interns.
++ 0.35 percent of employees have not self-identified or not disclosed their gender.
+++ Entry level employees are exempt (non-hourly) professionals.
++++ All Manager category includes Manager career ladder job level 9 and below. ° Numbers in Table 4 and 5 include contingent workers; do not include other employees,
+++++ Board of Directors composition as of June 30, 2022. such as apprentices, students, and interns.

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 37
Talent development strategy employee potential, creating future Leadership, employee, and
leaders and innovating solutions that technical development programs
People are at the heart of everything we do. We are changing the world. Between our GF’s talent development programs are
strive to build internal talent pipelines by providing enterprise-wide development and talent offered in every location around the world
our people with the right tools and support to management programs, our extensive and create an optimal infrastructure
proactively grow their careers within GF. We focus new hire orientation programs, required to enable internal skill building and
our efforts on talent enrichment platforms designed annual compliance training, and on-the-job career mobility to sustain our internal
to create the next generation of innovators, training, one hundred percent of our world- talent pipeline. We focus on leadership
promote a culture of curiosity and cultivate wide employees receive training every development, professional skill refinement
skills for powerful tomorrows. Our year. The typical path of training includes and technical innovation. We have a multi-
progressive, people-related development new hire orientation to start GF careers off tiered strategy for leadership development,

07 opportunities elevate, accelerate and


transform our employees, their skills
and their futures. Our talent philosophy
right. This training is followed by assigned
compliance content to teach employees the
starting with new manager training
programs and progressing through executive
fundamentals of what is expected at GF. leadership development programs. We also
provides enterprise-wide offerings execute programs designed for top talent
designed not just to enhance skills at work On-the-Job training happens next where identification and development through
but to focus on the whole person inside and employees are introduced to their roles enhanced end-to-end talent processes and
outside of the workplace. and taught how to perform their work tools. Our professional skills development
by a team of peers who show them the offerings provide employees a way to
Our talent strategy is powered by numerous expected activities and tasks. Employees build professional skills and grow technical
professional developmental opportunities then complete goal forms with required expertise. All these courses are powered
featuring progressive topics on leadership development goals to plan out their by our global learning management system
development, team engagement and preferred development each year. Whether that allows us to track global training data
collaboration, communication and cross- completing required training or pursuing including professional development courses
cultural intelligence and technical skill additional optional development, learning and technical on-the-job training courses.
building and refinement. Our talent and skill/knowledge enhancement is an
management portfolio consists of talent essential part of being a GF employee. Our deep technical expertise and technical
reviews, high-potential development skill building / refinement offerings include
and progressive succession planning. extensive on-the-job training and custom
Our offerings are focused on unlocking learning plans by career ladder and job

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 38
level. These programs provide deep subject matter outside organizations. Whether instructor led, web-based, on-the-job or professional
expertise for excellence in role and attainment development, training hours are equitably shared across genders and career ladders
of deep levels of technical mastery. The top yielding a consistent investment across all employee types.
technical training programs offered to technicians
globally include Maintenance Safety and Control
of Hazardous Energy, Factory Systems Training,
which provide specific software system training, and Table 6. Average training hours for active GF employees:
Module and Semiconductor Manufacturing Instructor led & web-based training
Process Overviews. Key curriculum for
engineers includes Statistical Process GF 2021 Global training hours statistics
Control (SPC), Semiconductor Process and

07 Specialized Technology Node Training,


and the Process Control Review Board and
Training hours by gender Training hours by career ladder

Material Review Board overviews. Non-binary &


Female Male not disclosed Manager Non-manager
In 2021, global instructor-led and web-
Web 12.8 12.6 16.2 12.7 12.7
based training totaled 367,499 hours, with
an average of more than 21 training hours Class 8.3 8.7 6.5 10.7 8.4
per employee. In addition, employees, Totals 21.1 21.4 22.7 23.4 21.1
particularly fab-based technicians,
operators and engineers, receive significant
amounts of on-the-job-training (OJT). It
is conservatively estimated that 2021 OJT
total training hours exceeded a total of 1
million hours, increasing average training
hours to over 90 hours per employee.
Beyond virtual and classroom training, we
also support our employees’ development
through mentoring, coaching, professional
certifications and partnerships with

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 39
Some of our featured programs and learning a new topic to explore to improve to mentors and sponsors. Worldwide,
resources include: manager effectiveness and enhance several hundred employees participate
manager/employee relationships. With in our Global mentoring program with
• GF offers custom curated DE&I content the pilot complete and upgrades in development conversations focused on
to enhance belonging, inclusion, con- place, this program is positioned for technical innovation, leadership devel-
nectivity and cross-cultural awareness great impact in 2022. opment, global teamwork and numerous
while providing mandatory global other topics.
• GF partners with several universities
manager education on unconscious bias.
and external affiliates on talent • GF employees have access to thousands
Completion rates for assigned manager
management strategies which includes of online, self-paced courses in skill
training were above 90 percent within
continuing education for employees, development topics ranging from commu-
six months of assignment with the intent

07
leadership training, executive assess- nication to computer programming. New
to provide continuing education for all
ments and coaching, and specific courses are added weekly, and employees
GF leaders worldwide on these emerg-
programming that focuses on women are regularly challenged to expand their
ing and critically important topics.
globally and underrepresented minori- knowledge through a variety of recom-
• Global compliance modules are ties in the US. mended content and custom curated
assigned to all worldwide employees playlists. Over half of our workforce
• Engagement and Collaboration
and require annual recertification to actively engages in online learning with
offerings provide development options
ensure all GF employees are aware of nearly 14,000 hours of viewed content
designed to improve emotional intelli-
universal expectations that govern and more than 275,000 videos viewed
gence, communicating with clarity and
our work and behaviors. For additional annually.
impact, and proliferation of respect in
information on GF Code training, please
the workplace. Most popular online course topics:
see chapter 04 Governance.
• The GF Global Mentoring Program ∙ Business Software and Tools (2,385 hours);
• Leadership Foundations was a new utilizes an online matching software to
program launched in 2021 as a leader- ∙ Professional Development (2,091 hours);
connect employees with ideal coun-
ship competency development series terparts and supports the cultivation ∙ Data Science (1,836 hours);
designed to help front-line and mid-line of meaningful mentoring relationships.
managers grow and refine their skills, ∙ Software Development (1,836 hours);
We have built a mentorship campaign
network with other leaders and deliver in our succession and talent planning ∙ Leadership and Management (1,077 hours).
stronger results. Each quarter features which ensures mentees are connected

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 40
Workforce development: Growing future • College/University Internship programs Performance management at GF
GF talent (US, Germany, Singapore) enable Our performance management process
GF has a targeted approach to working with university students to gain valuable is designed to help GF employees and
educational institutions and local and regional paid experience in the semiconductor managers align and engage in goal setting
government organizations to grow and strengthen industry, while giving GF early access to and professional development planning
the STEM workforce in our regions. We engage with hiring this talent. to ultimately deliver results for our
all stages of the education pipeline, from primary/ • Through participation in industry company, and for our employees’ future.
elementary school through secondary/ advisory boards and curriculum advise- All GF employees participate in an annual
high school, technical education schools, ment, GF engages with local technical performance management process to
colleges and universities. education schools, community colleges, ensure clear goals and expectations
for business results. Our performance

07
and universities to develop and align
We have created numerous pathways into management process enables managers
curriculum that meets the needs of the
a career at GF, with many opportunities for and employees to partner to establish
semiconductor industry.
further growth and advancement once here. goals and development plans in January
• In 2021, GF Fab 8 donated $500,000 of every calendar year or within 90 days of
• Apprenticeship programs are a key to Hudson Valley Community College hire. Managers also use their one-on-one
pathway at our Malta, NY, Burlington, in NY to expand their north campus engagements with employees to monitor
VT and Dresden sites. With a high building to further expand STEM and review contributions and engage in
school diploma or equivalent, students degrees. The expansion will also support feedback throughout the year.
can enter GF enter as a full-time paid GF’s Apprenticeship program, where
Apprentice, receive on-the job-training, employees will be trained in related Feedback is required to be exchanged in
and attend college courses at no cost to instruction. the middle of the year and at the end of
them, towards a further degree. • To build excitement and inspiration for the year. Formal written documentation is
STEM careers, we engage in education maintained through goals forms housed in
• Technician Internships programs at
outreach in our local regions through our human capital management system. The
our fab sites in the US, Germany and
science and engineering fairs, STEM key components of this process include goal
Singapore give hands-on paid experi-
expos, career exploration events and setting, development planning, feedback
ence to students enrolled in a college
more, and by leveraging our external discussions, mid-year feedback exchange
program.
virtual resource STEM@GF. and an annual assessment. Performance
management also includes clarifying role

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 41
expectations and deliverables; providing constructive In addition to market competitive pay, work, alternative work hours, alternative
feedback on performance; highlighting employee we continuously evaluate our various HR work arrangements, vacation and time
strengths, identifying areas for improvement, and programs to ensure internal equity and off programs, world-class parental and
creating development plans to enable personal and fairness—because treating our employees other leave programs; career development
professional growth. It is through these important fairly is the right thing to do. This includes programs, such as educational assistance,
discussions that the manager/employee relationship regular review of our compensation global mobility opportunities, and
grows, skills are developed and refined, and high practices throughout the employee professional and career skills development,
performance and results delivery is unlocked. life cycle, considering factors such as and other location-specific benefits.
an employee’s role and experience, the
Compensation & benefits location of the job and their performance GF has designed solutions to address
and we make adjustments, if appropriate. the needs of the whole person to better

07
Our compensation philosophy is support our diverse workforce and offer
fundamental to the goals of our talent For our global benefits programs, our goal a more inclusive culture that allows
strategy in attracting, retaining and is to achieve a balance between global employees to better integrate their life into
motivating a talented and diverse standardization and local customization, work at GF and improve well-being. Our
workforce that results in differentiated while offering our employees protection and best-in-class paid maternity leave program
business performance. We provide robust flexibility with their benefit offerings. We provides our colleagues with a minimum
compensation and benefit programs, recognize that benefit environments vary by of 20 weeks across all locations. GF Flex
which consist of base salary and variable country, and therefore the type of benefit solutions address the needs of today’s
pay programs, such as annual bonus (based plans we offer reflect the prevailing local workforce by offering more flexible work
on corporate performance), quarterly market practices and employee needs. GF is solutions to support employees' work-life
performance-based manufacturing bonuses committed to offering high-quality benefit integration and well-being. GF Flex offers
and sales incentives. For eligible employees, options that are affordable, competitive remote work options, part-time, flexible
we also offer stock-based compensation and sustainable for employees and their hours and options for holiday use. We are
consisting of Restricted Stock Units and families across the globe. Benefits under this creating a culture that gives employees the
Performance Share Units. We conduct strategy include risk protection benefits, flexibility to integrate their career and home
regular and extensive market analysis to such as healthcare and life insurance; lives. GF Flex is an important offering to
ensure that our compensation levels and financial benefits, such as retirement savings retain critical talent and enhance work life
programs are market competitive. plans and in some countries pension plans; balance. GF is committed to developing and
flexible work programs , such as part time enhancing programs that focus on the whole

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 42
person, helping them better manage their work To support our employees during the global
and family. At GF we are most successful when our COVID-19 pandemic crisis, GF introduced
employees can contribute their value in a way that new and enhanced benefits for all
works for the business, themselves and their teams. employees, to help team members remain
healthy, care for family members and face
In 2022, we implemented a new Employee Stock other challenges arising from the pandemic.
Purchase Program (ESPP) for all employees in These include emergency paid leave for
all countries, and over 80 percent of our eligible employees who are unable to work on-site
employees currently participate in this or remotely, and quarantine paid leave for
ownership program. Also in 2022, our employees who are directed to quarantine
ESPP- was recognized by the Global Equity by their physician or health authority. We

07 Organization with the “Most Innovative


Plan Design” award. This program matches
20 percent of employee contributions
also added additional mental health and
family assistance resources to our portfolio
to help employees adjust to ever changing
and also provides 50 Restricted Shares for demands on work and on life.
each new participant as “seed” shares. In
addition, in 2022 we extended participation
in our new annual Long Term Incentive (LTI)
program to approximately 25 percent of
our employee population. Broad-based
employee ownership allows our employees
to participate in the value they help create,
and it is a strong incentive to increase
productivity, innovation, retention, and
engagement.

Corporate Responsibility Report 2022: Human capital – diversity, equity& inclusion and talent development 43
GF is as committed as ever to our mission, vision and values. This includes our commitment
to community involvement and support for the well-established programs and teams
dedicated to enriching the lives of people around the globe. As ONEGF, we not only
deliver technology for humanity, but also pride ourselves in giving to and supporting the
communities we call home.

It is easy to live our mission, vision and STEM (Science, Technology, Engineering
values when it is convenient to do so, but and Mathematics) and digital skills
it is during the most difficult times that
GF pushes itself to rise to the challenge. From its inception, GlobalGives has held a
Our response to the needs of those in special place for STEM education, funding

08 Community
our communities validates who we are as localized programs in every GF location to
a company. Embracing our community is help foster a love of Science, Technology,
integral to our company identity, connecting Engineering and Mathematics in underserved

support and our teams to global initiatives that are


bigger than GF.
communities across the globe. Through our
GlobalGives STEM initiative, we:

engagement The following is a look back on our


companywide efforts to support our
• Provide experiential learning opportuni-
ties for students and teachers;
communities across the globe in 2021, a • Facilitate curriculum development and
tribute to the original employee-led efforts mentoring for early college high school
that have evolved into what we know today programs;
as GlobalGives. Since 2016, our GlobalGives
• Drive digital inclusion, enhancing digital
program has been a multifaceted worldwide
and programming skills to encourage
effort, encompassing both employee and
students, especially girls, to pursue
company-driven initiatives in the areas of
education and career paths in STEM;
STEM (Science, Technology, Engineering
and Mathematics), philanthropy and crisis • Offer internships, job shadowing, and
relief. employment opportunities in advanced
manufacturing and other STEM fields.

Corporate Responsibility Report 2022 44


Some of the specific programs we have created or • FIRST® Robotics – GF’s annual sponsor- manufacturing, cybersecurity, entre-
supported to foster STEM include: ship of the FIRST® (For Inspiration and preneurship and clean energy, as well
Recognition of Science and Technology) as leading digital citizenship and digital
• STEM@GF – a multimedia resource that
Robotics competition began in 2015. footprint workshops with students
inspires students to explore technical
Supported in multiple GF locations, the (Malta, NY; East Fishkill NY).
fields through videos, hands-on activity
program is designed to help students • Donations – GF’s support of STEM
lessons, and information on career
develop programming, mechanical and often takes the form of monetary
pathways. GF widely shares STEM@
electrical skills, while learning the value sponsorships or donations in-kind,
GF with educational organizations to
of teamwork and cooperation (Malta, providing computers, monitors and
inspire today's students to learn more
NY; East Fishkill, NY; Burlington, VT). other equipment to local schools and
about the field of semiconductors.

08
Schools, teachers, parents and students • “Jugend Forscht” (Youth in Science) in institutions to better address the
can explore hands-on activities and Saxony – in combination with the junior needs of underprivileged students.
videos to learn about different career program “Schüler Experimentieren Examples of 2021 programs include:
pathways into GF. STEM@GF is often Saxony” (Students Experiment Saxony),
∙ Equipment donations to establish a
augmented by additional site-specific Jugend Forscht is a regional competi-
science lab (Bangalore, India);
programs. For example in 2021, GF tion, sponsored by GF Dresden since
Fab 8 in Malta, NY donated Google 2009. It rolls up to the federal “Jugend ∙ Donations to Teach for Bulgaria
Chromebooks to schools in the New forscht” (“Young Scientists”) compe- Foundation, which aims to provide
York Capital Region to enable students tition. The renowned Germany-wide access to quality education to every
to participate in online and hybrid competition encourages young people child (Sofia, Bulgaria);
classroom learning as the pandemic with scientific and creative talents to
continued to plague school districts. put their ideas into practice (Dresden, ∙ Equipment donations that enabled
Germany). the launch of a new Robotics Club for
• GLOBALGirls – this annual summer
English as a Second Language (ESL)
STEM camp for middle school girls was • New York State Pathways in
Technology (P-TECH) - GF is a strong students (Santa Clara, CA).
launched in 2017 to help address the
gender gap in manufacturing and inspire business partner in this Early College
the next generation of female science High School program and provides
and technology leaders (Malta, NY; East mentorship and engagement with
Fishkill, NY; Burlington, VT). students in the areas of advanced

Corporate Responsibility Report 2022: Community support and engagement 45


GlobalGives philanthropy GF leveraged GlobalGives Rewards to GlobalGives diversity, equity
enhance our second annual Giving Week and inclusion
When it comes to philanthropy, employees in every program, extending a gift of $20 USD (or
major GF site make a difference by generously equivalent) to every employee to donate During 2021, GF also drove greater
volunteering their time and donating goods and to their preferred nonprofit(s). Through alignment between GlobalGives and our
money to support a wide range of causes, helping this creative and generous program, in Diversity, Equity & Inclusion initiatives,
to improve the quality of life in the communities just one week GF and its employees gifted further supporting our core company value
we call home. Since 2016, our charitable approximately $117,000 USD to our Embrace by helping families in crisis in
giving program, GlobalGives, has facilitated communities around the world. Myanmar and creating awareness campaigns
numerous localized campaigns, including in support of our Employee Resource
food drives, school supplies and holiday GlobalGives crisis relief Groups (ERGs), including GlobalWomen,

08 gifts for children, annual Earth Day


volunteerism and disaster relief, among Thanks to GlobalGives, GF can quickly
initiate giving campaigns to respond to
BRAG, ASIA, Pride@GF and VRG. Building
upon the social justice campaigns initiated
others. in 2020 in support of Black and Brown
disasters anywhere in the world. In 2021, Americans, in 2021, GF directed its annual
Carrying forward the company matching GF launched numerous disaster relief $100,000 USD social justice funding to take
program launched the preceding year, campaigns, bringing aid to victims of a stand against Asian-American & Pacific
in 2021, GF offered every employee 100 flooding in western Europe, earthquakes Islander (AAPI) hate crimes in the U.S.
percent matching for up to $1,000 USD in Haiti, and tornadoes in the U.S. GF also
(or local currency equivalent). Through helped families in India through the horrific
company matching, GF essentially doubles second wave of COVID-19, launching a
employee donations to causes they care special 200 percent matching campaign
about most. Since 2020, GF has also that resulted in almost $200,000 USD
leveraged GlobalGives Rewards to welcome in employee donations and company
new hires, gifting every new employee the donations/matching, far exceeding the
equivalent of $20 USD to donate to any $100,000 USD goal.
charity(ies) of their choice. In Q4 2021,

Corporate Responsibility Report 2022: Community support and engagement 46


GlobalGives participation $100,000 USD in donations to support their
local giving and holiday programs. All told,
As employees rose to the challenges of 2021, GF corporate, GF sites and our employees
GlobalGives membership saw a tremendous leveraged GlobalGives to give nearly $1.2M
increase of 77 percent year-over-year to over 4,300 USD back to our communities across the
employees globally. Collectively, GF employees globe in 2021.
supported 1,142 different charities in 2021,
generously donating almost $400,000 USD As we enter 2022, GF has already activated
through the GlobalGives platform to help GlobalGives to address new challenges,
others in their communities. In addition to most notably the humanitarian crisis
these personal donations, employees gifted resulting from the invasion of Ukraine.

08 more than $50,000 USD in GivingWeek


and New Hire Rewards to organizations
Supporting the people of Ukraine and
Ukrainian refugees in neighboring countries
of their choosing. Supporting the causes with a special 200 percent matching
employees care about most, GF donated campaign, GF and its employees have
~$430,000 USD in company matching, already far exceeded the $25,000 USD
doubling every eligible employee donation. campaign target, delivering well over
GF also donated $165,000 USD in support $350,000 USD in donations to humanitarian
of the disaster relief and social justice organizations as of April 2022.
campaigns mentioned earlier, and gifted
~$50,000 USD in support of site STEM Visit the GlobalGives community portal
programs. Individual GF sites leveraged the to learn more about ongoing GF giving
GlobalGives platform to make more than opportunities and campaigns.

Corporate Responsibility Report 2022: Community support and engagement 47


Our approach that incorporate what GF believes are
best practices for global adoption across
Our Journey to Zero is the leading theme GF operations. We strive to continuously
of GF’s approach to environmental improve best practice by aligning with policy
sustainability. It represents GF’s and regulatory developments, and the
commitment to grow responsibly while evolving voluntary initiatives and industry
continuously minimizing our impacts codes that GF subscribes to. Additionally,
on the environment. On our Journey to we apply knowledge drawn from
Zero, GF follows a Beyond Compliance collaboration with our customers, industry
strategy to ensure that we meet or exceed associations and academic partners. Our
environmental regulatory compliance Global EHS Standards define how we

09 Sustainable obligations, customer requirements


and voluntary initiatives to which we
operate our existing fabrication plants
and other sites, as well as how we plan and
subscribe. We collaborate with our

manufacturing
build new sites. They cover a wide range of
customers, suppliers, partners, academic environmental topics, including Air Quality,
and governmental bodies, and industry Climate Protection, Chemical Management,
consortia to drive continuous environmental Industrial Wastewater, Product Compliance,
improvement in semiconductor Resource Conservation and Pollution
manufacturing beyond the limits of our Prevention, Stormwater and Groundwater
own company. We engage internally and Protection, and Waste Management. They
seek employee participation because we are reviewed and updated periodically as
know that some of the greatest ideas for best practices evolve. The GF Global EHS
environmental sustainability are generated Standards are complimented by assurance
by our global workforce. programs that govern regulatory compliance
auditing and compliance assessments
GF’s Global EHS Policy and Standards are
focused on the “beyond compliance”
the foundation of our multisite ISO 14001
elements of the Standards.
certified Environmental Management
System. They are performance standards

Corporate Responsibility Report 2022 48


Outside of our own operations, we extend Our achievements Our savings enabled GF to meet or exceed
environmental provisions through our our 2019–2021 Resource Conservation
standard supplier instruments (see 10 Since our foundation more than a decade ago, GF Goals, which included both absolute
Responsible sourcing). GF requires that has focused on implementing pollution prevention and normalized targets with 2018 as the
suppliers conform with the environmental and resource conservation programs that save baseline year. We have measured our
provisions of the RBA Code and engages with water, energy, chemicals and corresponding performance against our absolute targets
its major suppliers in our annual RBA supplier emissions. We apply the pollution prevention as the sum of annualized savings achieved
review to promote environmental hierarchy of source reduction, reuse, recycle, treat through projects completed during the
sustainability throughout our supply and dispose to enable cost savings while benefiting years 2019–2021. We utilize our normalized
chain, including resource (water and the environment at the same time. performance rate (normalized to our
energy) use and generation of waste Manufacturing Index3) as our key metric

09
Over the past three years (2019–2021),
and greenhouse gas emissions. to measure progress in environmental
GF realized the following annualized savings:
efficiency against our normalized targets.
Even further upstream of our direct Table 7 shows our achievements at year-end
operations, GF funds research 86.2 GWh electricity 2021 relative to the 2019–2021 resource
in collaboration with university conservation goals.
and industry partners to identify
innovations to further reduce
the semiconductor industry’s 1.486 million m³ water
environmental footprint. These
partnerships address some of
our most material environmental
56,300 metric tons carbon
topics, such as to explore novel
equivalents of GHG emissions
process chemistry solutions, 3
We normalize data from operations using an industry standard
Manufacturing Index (MI). The MI is derived from the number
explore innovative solutions for of wafers manufactured, the number of masking steps in our
GHG emissions reduction and fabrication processes (reflecting process complexity), and the
18,100 tons of chemical use and
abatement, as well as to identify total area of wafers produced. The normalized target rates are
corresponding waste generation reductions as compared to the 2018 baseline normalized rates.
new technologies for specific Following the divestiture of our former Fab 3E at the end of
wastewater treatment processes. 2019, the 2018 baseline normalized rate has been recalculated
by removing the Fab 3E contribution to correctly reflect the
change in operational boundary.

Corporate Responsibility Report 2022: Sustainable manufacturing 49


Table 7. Performance status of GF’s 2019-2021 resource conservation goals at year-end 2021

Goal Topic Specific Goal Outcome

Achieve savings in annual electricity use of 86 gigawatt hours (GWh); Achieved annual savings of 86.2 GWh meeting goal value
Electricity Achieve 15 percent reduction of normalized electricity Achieved normalized reduction of 23 percent exceeding
consumption goal value

Achieve savings in annual water use of 340,000 cubic meters (m³); Achieved annual savings of 1,486,000 m³ exceeding goal value
Water Achieved normalized reduction of 22 percent exceeding
Achieve 10 percent reduction of normalized water consumption;

09
goal value

Achieve savings in annual GHG emissions of 11,900 metric tons


Achieved annual savings of 56,300 MTCE exceeding goal value
Greenhouse gas carbon equivalent (MTCE);
emissions Achieve 18 percent reduction of normalized greenhouse gas
Achieved normalized reduction of 19 percent meeting goal value
emissions;

Achieve savings in annual chemical use and waste generation of a


Achieved annual savings of 18,100 tons, exceeding goal value
combined 7,100 tons;

Achieved a recycle and reuse rate of 51 percent of hazardous


Chemical use and Recycle and reuse at least 60 percent of hazardous waste
waste generated across the company in 2021 (85 percent of
waste recycling generated across the company for our 2021 operations;
goal value)

Recycle and reuse at least 65percent of non-hazardous waste Achieved a recycle and reuse rate of 64 percent of non-hazardous
generated across the company for our 2021 operations. waste in 2021 (98 percent of goal value)

Corporate Responsibility Report 2022: Sustainable manufacturing 50


Our goals for 2022 and beyond – • Greenhouse gas emissions: We track our progress to our goals on
GF Journey to Zero a quarterly basis. Our quarterly data
∙ GF Journey to Zero Carbon Goal: collection process is governed by an internal
Our resource conservation achievements to Reduce absolute GHG emissions specification within GF’s EHS Management
date have enabled GF to significantly increase (combined Scope 1 and Scope 2) System. Quarterly performance data are
environmental efficiency in manufacturing over by 25 percent from 2020 to 2030; reported to our Stewardship Committee.
the past five years. We recognize the critical global • Electricity:
environmental challenges, specifically GHG emissions – climate risk mitigation
climate change, impacting the environment, ∙ Improve electricity use efficiency
human society, and the worldwide economy. by achieving a normalized electricity As an important step to align with climate
use of 0.033 kWh /MI or less by 2025; science and minimize longer term exposure

09
GF extended our Journey to Zero theme to climate change, in August 2021 we
• Water: announced our Journey to Zero Carbon
and developed a new generation of resource
conservation goals to aggressively drive ∙ Improve water use efficiency by Initiative, building on GHG emission
our environmental efficiency through the achieving a normalized water use reduction strategies to conserve energy,
coming years: implement additional emission controls
of 0.32 liters /MI or less by 2025;
and develop renewable and lower-carbon
• Waste energy sources. We set a goal to reduce
∙ Achieve less than 0.9 grams /MI of
absolute Scope 1 and Scope 2 GHG
emissions by 25 percent from 2020 to
normalized total waste generation
2030—even as we significantly expand our
in 2022;
global manufacturing capacity.
∙ Achieve 90 percent diversion of total
waste from landfill in 2022.

Corporate Responsibility Report 2022: Sustainable manufacturing 51


Our Journey to Zero Carbon Initiative supports GF monitors our energy consumption recommendations of the Task Force on
the aims of the Paris Agreement, which calls for and greenhouse gas (GHG) emissions Climate-related Financial Disclosures
significant absolute reductions by 2030 on a path to understand our climate impacts. We (TCFD). In early 2022 we conducted a
to global "Net Zero" GHG emissions by 2050. At the manage our climate-related business TCFD-based climate risk and opportunity
same time, and all within the scope of this goal, GF risks by conserving energy and water assessment and evaluated key areas of
is investing in significant capacity expansions at our by implementing emission controls and potential risk using qualitative scenario
existing facilities in the U.S. and Germany as well as engaging with stakeholders, such as analysis (please refer to the TCFD table
our newly announced 300mm fab in Singapore. participating in initiatives to drive industry- in this report.) The potential impacts of
wide reductions in GHG emissions. GF Fabs climate change are complex, ranging from
Semiconductor manufacturing emits both 1, 9 and 10 contributed to the success of regulatory initiatives affecting energy
direct (Scope 1) and indirect (Scope 2) the World Semiconductor Council’s (WSC) sourcing and semiconductor process

09 GHG emissions. Scope 1 GHG emissions


are those released from our facilities,
comprising fluorinated GHGs (F-GHGs),
industry-wide climate goal which achieved
a 32 percent reduction in F-GHG emissions
materials (including carbon taxes and
related fees), severe weather events
from 1995 to 2010. GF also adopted the (such as storms, flooding and heat waves),
N2O and fluorinated heat transfer fluids WSC commitment to implement best chronic climate-related physical changes
(FHTF), as well as emissions from on-site practices for F-GHG reduction in all new (such as prolonged droughts and chronic
combustion of fossil fuels such as natural semiconductor fabs. Fab 8 in Malta, NY, high temperatures) as well as supply chain
gas, diesel, and fuel oils. F-GHGs include which started operations in 2012, and our impacts. For additional information on
HFCs (hydrofluorocarbons) such as CH2F2 new fab in construction in Singapore, were climate-related opportunities, please
and CHF3 and PFCs (perfluorinated both designed in accordance with the WSC see chapter 06 Technology solutions for
compounds) such as CF4, C2F6, C3F8 , C4F8 , as best practices. humanity. GF also plans to disclose our
well as NF3 and SF6 . Scope 2 GHG emissions approach to climate governance, climate-
are those that result from externally GF has taken measures to better related risks and opportunities, and their
generated electricity used at GF sites. understand the long-term business impact on business strategies, metrics and
risks and opportunities associated with targets through CDP (Carbon Disclosure
climate change, in accordance with the Project).

Corporate Responsibility Report 2022: Sustainable manufacturing 52


Figure 3 shows absolute and normalized direct Figure 3. Absolute and normalized direct (Scope 1) and indirect (Scope 2)
(Scope 1) and indirect (Scope 2) GHG emissions from GHG emissions – through 2021
2018 through 20214. In 2021 Scope 1 was 68 percent
of our combined Scope 1 and 2 GHG emissions and 800,000 14.0

Scope 2 represented the remaining 32 percent. 11.8 11.8


11.1
Combined absolute Scope 1 and Scope 600,000 11.25
9.6
2 emissions increased by seven percent
228,228 212,390 212,938 215,810
as compared to the 2018 baseline, with

Grams CE/MI
34,050
a fourteen percent increase in Scope 1

MTCE
400,000 34,259 52,867 7.5
35,941 35,974
emissions and a reduction of Scope 2 50,183 25,197

09
62,535 60,910 21,495
emissions of nearly six percent. Increasing 20,511 19,744

manufacturing output drove the increase


200,000 3.75
in absolute Scope 1 GHG emissions from 287,742 286,556 317,545 355,780
2019 to 2021. Normalized Scope 1 and
Scope 2 combined emissions decreased
0
19 percent in 2021 compared to 2018 and 2018 2019 2020 2021
more than 36 percent when compared to
Scope 2 (Market based) Normalized GHG emissions
our initial company baseline. Our initial Stationary combustion (Scope 1) GF 2021 goal
company baseline represents the first 12 FHTF (Scope 1)
months of production from GF’s current N2O (Scope 1)
F-GHGs (Scope 1)
manufacturing footprint (July 2015 – June
2016).
4
GF quantifies GHG emissions using the following methods:
• “The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition)”;
• For semiconductor process related F-GHGs emissions specifically GF uses Tier 2 methods of IPCC Guideline for GHG Inventories
V3_Chapt6 Electronics Industries and U.S. EPA reporting methods under Subpart I of the GHG Mandatory Reporting Rule (MRR);
• GWPs used are from IPCC Fourth Assessment Report (AR4 - 100 year)
• GF is using the market-based method to quantify Scope 2 GHG emissions from the “GHG Protocol Scope 2 Guidance”. The market-
based method reflects emissions from the electricity that a company purchases, which in some cases may be different from the
electricity that is generated locally and distributed via the local grid.

Corporate Responsibility Report 2022: Sustainable manufacturing 53


The most relevant contribution to our Scope 1 Additional projects that were implemented clean process. This cleaning technology
emissions comes from F-GHG emissions. Absolute to save energy, saving corresponding significantly reduces GHG emissions. On
F-GHG emissions increased by nearly 24 percent amounts of Scope 2 emissions, are completion, projected annual savings
in 2021 compared to 2018, while normalized 2021 highlighted in the Energy subsection. are nearly 24,000 MTCE.
F-GHG emissions decreased nearly seven percent • Fab 9 completed projects optimizing
over the same period. F-GHG emissions continue • The GF Singapore site completed
the use of C2F6 and NF3 gas in multiple
to be a key focus in our GHG reduction strategy, two projects in 2021 to reduce GHG
manufacturing tools and installed three
specifically in our legacy 200mm fabs in emissions:
additional point-of-use (POU) abate-
Singapore and Burlington, VT that have ∙ A specific manufacturing process was ment units. These POU installations
inherently lower F-GHG destruction are part of a multi-year project at Fab
transferred from a CVD tool set that uses
efficiencies than our newer 300mm fabs.

09
C2F6, a PFC gas, for chamber cleaning to 9 to reduce GHG emissions. Over the
Our 300mm fabs in Dresden (Fab 1) and entire project, a total of 38 abatement
another CVD tool set that uses an NF3
New York (Fabs 8 and 10) were designed units are planned for installation. The
remote clean based with significantly
to produce extremely low emissions of annualized GHG emissions saved by the
lower emissions. This project achieved
F-GHGs by using low-emission gases 2021 projects implemented at Fab 9 is
annual GHG emissions savings of more
(specifically NF3) in CVD chamber cleaning, equivalent to 809 MTCE.
than 2,800 MTCE;
coupled with near-universal use of point-of-
use abatement equipment for F-GHG-using • Fab 10 performed a project that
∙ GF Singapore engineers successfully
processes. avoided emissions of fluorinated heat
eliminated one of two CVD chamber
transfer fluids through a robust, proac-
cleaning steps for a specific deposition
To enable the nearly 20 percent increase tive point-of-use chiller leak detection
process that uses C2F6 . Along with
in GHG efficiency from 2018–2021, GF and repair program. In 2021, the exe-
had executed projects that annually save optimizing the remaining use of C2F6, cution of the leak detection and repair
more than 56,300 MTCE—exceeding these improvements reduced annual program avoided over 7,800 MTCE of
our goal by almost five times the original GHG emissions by 4,635 MTCE. GHG emissions.
amount of our targeted savings. In 2021, • In 2022, GF Singapore commenced • In 2022, Fab 9 began a pilot project with
GF accelerated GHG reduction projects a multi-year project to reduce GHG Vermont Gas Systems, Inc. (VGS) and
as we began to implement our Journey to emissions by retrofitting a set of CVD the University of Vermont to produce
Zero Carbon Initiative. Key 2021 projects to tools. The retrofits enable use of an so-called "green hydrogen" on-site to
reduce Scope 1 emissions are noted below. NF3 remote clean for the CVD chamber reduce consumption of natural gas and

Corporate Responsibility Report 2022: Sustainable manufacturing 54


associated carbon emissions. The goal will be to • Upstream emissions of GF purchased Figure 4. GF 2021 extended GHG inventory:
extract hydrogen from water using renewable goods and services (chemicals and Scope 1, Scope 2 and Scope 3 GHG emissions
electricity from sources like wind and solar gases, wafers, lithography masks, as by subcategory
energy. GF Fab 9 plans to blend the extracted well as outsourced assembly and test
hydrogen into the fab’s natural gas lines and services) made up 50 percent of GF’s
thereby reduce the consumption of natural gas estimated Scope 3 emissions in 2021.
and associated combustion-related Scope 1
• Upstream emissions of fuel and
GHG emissions. Scope 2:
energy related activities contributed 215,810
MTCE
For the year 2021, GF has begun to quantify 41 percent of GF’s estimated Scope %
23
an extended GHG inventory that includes 3 emissions in 2021. These emissions 2:

pe
09
Scope 3 GHG emissions in addition to relate to extraction, production and

Sco
F-GHGs

1: 5 1 %
Scope 1 and Scope 2 emissions. Scope 3 transportation of fuels and energy 21,598 MTCE
355,780 MTCE

comprises indirect emissions (not included purchased which are not already

Sco
Fuel and energy

pe
in Scope 2) that occur in our value chain, included in Scope 1 or 2 emissions.

pe
related activities

co
:2
upstream or downstream of GF’s oper- 95,378

S
6%
• The third largest, but not material, MTCE**
ational boundaries and control. Figure 4
contribution to GF Scope 3 emissions

52
shows GF’s 2021 extended GHG inventory Purchased

34,05

, 86
25,197 MTCE
was from upstream emissions of capital goods and services:
by subcategory. Our quantification iden-

7M
goods (our manufacturing tools). This 118,405 MTCE*

0 MT

TC
tified two upstream emissions categories
amounted to three percent of GF’s

E
CE
as the most significant contributors to our Non-material
estimated Scope 3 emissions in 2021. Scope 3 categories
FHTF
Scope 3 inventory. Scope 3 emissions in
other categories represent comparably • Other Scope 3 categories that were N2O Stationary combustion

minor contributions to the Scope 3 total quantified and considered not material
emissions, and therefore are not considered included emissions from upstream
material to the total inventory: logistics, waste logistics and treatment,
business travel, employee commuting
and emissions associated with leased
offices. * Estimated using major suppliers’ information obtained in
annual supplier RBA request.
** Quantified using GF’s own data on energy use and third party
average factors (Defra 2021, and EPA 2021).

Corporate Responsibility Report 2022: Sustainable manufacturing 55


Energy • GF Singapore conducted projects to • Fab 8 saved 6,600 MWh of electricity by
convert existing MUA (Make Up Air) reducing the pressure in the cleanroom
Semiconductor manufacturing requires electricity fans to more efficient direct drive fans by lowering duct static pressure. This
to create and maintain the critical cleanroom that reduce mechanical friction loss. also achieves annual savings of 192
conditions in our fabs, as well as for powering process The new fans are also designed for MTCE in Scope 2 GHG emissions;
tools, pumps and other equipment needed for our smoother flow profiles to eliminate
• The Fab 9 CVD team replaced three
complex manufacturing processes. We continually turbulence, producing even higher
manufacturing tools with fewer, more
improve and optimize these processes, identifying efficiency. Savings amounted to more
energy efficient tools. The full savings
and implementing further efficiencies than 425 MWh annually (with a corre-
associated with the tool replacements is
and energy-saving measures into our sponding savings of 48 MTCE in Scope 2
equivalent to 589 MWh annually;
operations. GHG emissions);

09
• Fab 10 completed multiple electricity
In the last three years, GF has executed • GF Singapore upgraded the efficiency conservation projects that combined
projects that annually save more than of the chiller that provides Process saved 7,563 MWh and a corresponding
86 GWh. Key projects in 2021 included: Cooling Water (PCW) to Fab 2. amount of 220 MTCE in Scope 2 GHG
Efficiency improvements were imple- emissions;
• At our GF Singapore site, a major mented using a system-wide approach
chilled water plant optimization project affecting chillers, the chilled water • Fab 1 completed several projects to
that began in 2020 was completed in pumping system, the condenser water replace office and plenum lightning
mid-2021. These measures introduced pumping system and the cooling tower with energy efficient light-remitting
variable speed drives that optimize system. Annual savings are estimated diodes (LEDs), resulting in combined
pump flow rates for more efficiency. to amount to 1,793 MWh with a corre- annual savings of 1,156 MWh (equivalent
The completed project is estimated to sponding savings of 200 MTCE in to nearly 100 MTCE of Scope 2 GHG
save more than 13,900 MWh annually, Scope 2 GHG emissions; emissions).
which also saves a corresponding annual
amount of 1,557 MTCE in Scope 2 GHG
emissions;

Corporate Responsibility Report 2022: Sustainable manufacturing 56


Figure 5 shows absolute and normalized electricity Figure 5. Absolute and normalized electricity use – through 2021
use at our manufacturing facilities from the baseline
of our previous three-year goal period to 2021.
Absolute use of electricity remained relatively
flat from 2018 to 2021 with a slight increase of 3,000 0.06

approximately one percent from 2020 to 2021 while 0.056 0.058


0.053
production increased by more than 20 percent at
the same time from 2020 to 2021. As a
0.043

KWh / MI
2,000 0.04
result, normalized electricity use decreased

GWh
more than 23 percent in 2021 compared
3,016 2,996 3,019 3,062
to our baseline year of 2018 and by more

09 than 38 percent compared to our initial


company baseline, the first 12 months
1,000 0.02

of GF’s current manufacturing footprint


(July 2015 – June 2016). This decrease in
normalized electricity use reflects GF’s work 2018 2019 2020 2021
over many years to achieve significantly
Absolute electricity use (GWh)
higher productivity by keeping the absolute
Normalized electricity use (kWh/MI)
electricity demand nearly flat while 2021 GF goal (kWh/MI)
increasing manufacturing output by
67 percent (as expressed in MI).

Corporate Responsibility Report 2022: Sustainable manufacturing 57


Water Figure 6. GF 2021 total water use by water source

Water is vital to our planet. It is also necessary for Groundwater


semiconductor manufacturing. Water, specifically ultrapure GF reused withdrawal
water 6%
water (UPW), is utilized in the complex semiconductor
19%
manufacturing process and must be treated to very high
purity levels, removing particles, ions and dissolved gases Municipal
before it can be used. UPW is specifically used in wafer water supply
cleaning processes which become ever more water intensive 31%

as the features on the manufactured wafer become ever


smaller. GF’s water conservation strategy is to

09 reduce water use in manufacturing processes while


increasing water recycling and reuse.
GF recycled
water
22%
Water sources
GF sources (withdraws) water from third parties,
Singapore
but also has extensive water reclaim programs in
NEWater supply
place at our manufacturing facilities. “Reclaimed 22%
water” includes both recycled and reused water.
Water recycling is the process that feeds previously
used UPW back into the UPW purification plant. In 2021, 41 percent of GF’s total water NEWater is an alternative water source,
”Reused water” is utilized in operations that do use was covered by recycled and reused comprised of reclaimed and treated
not require the same purity requirements as UPW, water from water reclaim programs. wastewater supplied by the Singapore
such as cooling towers and scrubbers, which can Implementing projects and developing Public Utilities Board (PUB). Using
accommodate lower-quality water sources. more options to further increase our NEWater supports Singapore’s water
recycle and reuse rates is a key part conservation strategy to reserve high-
Figure 6 shows 2021 total water use by source, of GF’s water conservation strategy. quality potable water for domestic
comprising water that was supplied (withdrawn) GF sources the majority of its water consumption. A smaller share (six
from third parties or from groundwater sources, from third party water utility providers percent of company-wide use in 2021) of
as well as water that was used and subsequently (53 percent), with 22 percent sourced freshwater is sourced from groundwater
recycled or reused internally at GF. from Singapore’s NEWater program. at GF Fab 10.

Corporate Responsibility Report 2022: Sustainable manufacturing 58


Water stress and water risk Singapore. GF is well aware of this scenario, • The GF Dresden site implemented a
GF manufacturing sites are not located in, and do not addressing it by sourcing the Singapore project in 2021 to significantly increase
withdraw water from, areas that are assessed as high PUB-supplied NEWater at our Singapore the recycling rate of its ultrapure water
water stress areas. GFs uses the World Resources site and by continuing to drive water recycling plants from 50 percent to 75
Institute’s (WRI) “Aqueduct Water Risk Atlas” in conservation and recycling projects. percent. This led to significant municipal
our annual assessment to determine whether our water savings of more than 300,000 m³,
manufacturing sites are located in, or withdraw Water conservation while also reducing wastewater genera-
water from, high water stress areas. During the last three years, GF has tion by approximately 140,000 m³, and
Reflecting the WRI assessment, three GF executed projects that annually save reducing the need for ultrapure water
manufacturing sites (Singapore, Malta, NY more than 1.48 million m³ of water, treatment chemicals;
and East Fishkill, NY) in are located in areas exceeding our original savings goal

09
• GF Singapore completed the Fab 7/7G
currently assessed with a baseline water fourfold. Key projects in 2021 included:
300mm “Century Water Reclamation”
stress5 of “Low”. Two GF manufacturing sites project resulting in significant water
• Fab 8 performed a further optimization
are located in areas with a baseline water savings as well as demonstrating the
of a project initially implemented in
stress of “Low to Medium” (Burlington, VT), feasibility of further water reclamation
2020 that installed a Reverse Osmosis
or “Medium to High” (Dresden, Germany). in GF Singapore’s 200mm fabs. This
treatment system (HFRO) for a site
No GF manufacturing site is located in project conserves 613,000 m³ of water
wastewater stream containing hydroflu-
areas assessed with a baseline water stress annually by reclaiming wastewater from
oric acid. This allowed for more efficient
of “High” or “Extremely High”, defined the Fab 7 and 7G condensate, slurry and
management of the waste stream,
respectively as a range from 40 percent to DI (deionized water) reject streams.
but also allowed the treated water to
80 percent and a ratio above 80 percent The wastewater now passes through
be reused in facilities systems. The
of total water withdrawals to available activated carbon, ceramic filtration
project conserved more than 175,000
renewable surface and groundwater and catalytic treatment before being
m³ of water annually. In 2021, the HFRO
supplies. Evaluating future water stress used in cooling towers and point-of-use
process was optimized, realizing even
scenarios for our GF manufacturing sites scrubbers. This project was funded by a
further water savings. These efforts
locations using the Water Risk Atlas shows grant from the Singapore Public Utilities
conserve approximately 308,000 m³ of
a greater than “High” water stress for Board (PUB).
water annually;
5
Baseline water stress is expressed as the ratio of total water
withdrawals to available renewable surface and groundwater
supplies. Higher values indicate more competition among users.

Corporate Responsibility Report 2022: Sustainable manufacturing 59


Figure 7 shows absolute and normalized water Figure 7. GF water withdrawal6 absolute and normalized – through 2021
withdrawal6 for our manufacturing facilities from
the baseline of our previous three-year goal period 30,000 0.60
through 2021. Absolute water withdrawal in 2021
0.52
remained relatively flat compared to 2018 even though 0.49 0.48
production increased significantly over this time. Our
water intensity (as represented by our normalized rate 20,000 0.38 0.40
of water withdrawal) decreased by nearly 23 percent

Thousand m3

Liter / MI
compared to 2018. When compared to our
initial company baseline, the first 12 months 26,338 27,240 27,247 26,798

of GF’s current manufacturing footprint

09
10,000 0.20
(July 2015 – June 2016), our normalized
water withdrawal decreased by more than
40 percent. With a production growth of
67 percent (as expressed in MI) since our
previous baseline, this represents a significant 2018 2019 2020 2021
improvement in water efficiency.
Absolute water withdrawal

Water discharge and water consumption Normalized water withdrawal


2021 GF goal
GF’s Global EHS Standards have strict
requirements for groundwater and stormwater
protection to prevent impacts to groundwater
or stormwater runoff. The Global EHS Standard
for industrial wastewater further specifies the facilities, to assess the potential impact treatment facility. Sites must maintain
techniques and management practices for proposed discharges could have to the inventories of wastewater discharge, as well
proper wastewater treatment and discharge. receiving surface water body and/or the as plans, specifications, sampling protocols,
The Standard includes requirements to apply local sewer treatment facility, including operating and maintenance procedures,
best available technologies for the operation toxicity in the receiving water body and provide secondary containment of
and construction of wastewater treatment and performance impacts to the sewer industrial wastewater, vessels and piping.
6
Water withdrawal as defined by GRI 303-3 (GRI 303: Water and effluents 2018)

Corporate Responsibility Report 2022: Sustainable manufacturing 60


At each of our manufacturing sites, we operate corre- Figure 8. Absolute and normalized GF water discharge and
sponding wastewater treatment systems to manage water consumption7 - through 2021
effluent from production areas in accordance with our
wastewater discharge permits. These facilities treat the 30,000 0.60
wastewater by neutralization, removing trace metals and
dissolved solids, and other treatment steps as needed 4,035 3,694 3,249
3,988
to meet regulatory requirements prior to discharge. GF
Singapore, Fab 1 and Fab 8 discharge wastewater to 20,000 0.42
0.45
0.40
0.41
municipal treatment facilities following on-site

Thousand m3

Liter / MI
pretreatment. Fabs 9 and 10 discharge directly to 0.33
surface waters following a rigorous combination

09
22,350 23,205 23,553 23,549
of industrial and biological treatment processes.
10,000 0.20
In total, in 2021, we discharged 23.5 million
cubic meters of treated wastewater from all
0.07 0.08
manufacturing operations combined, of which 0.06
0.05
32.7 percent (7.7 million cubic meters) were
discharged directly to surface water. 2018 2019 2020 2021

Absolute water consumption Normalized water discharged


Figure 8 shows the volume of GF wastewater Absolute water discharged Normalized water consumption
discharge as well as the volume of GF “water
consumption”7 through 2021. Water consumption
is calculated as the delta between water with-
drawal and wastewater discharge. Approximately
88 percent of water withdrawn is discharged back
to public treatment facilities or surface water,
resulting in total water consumption of less than
12 percent of total water withdrawal in 2021. The
main contributor to GF water consumption is 7
per GRI 303: Water and Effluents 2018, water consumption is defined as “Sum of all water that has been
evaporation through cooling towers and exhaust. withdrawn and incorporated into products, used in the production of crops or generated as waste, has
evaporated, transpired, or been consumed by humans or livestock, or is polluted to the point of being unusable
by other users, and is therefore not released back to surface water, groundwater, seawater or a third party”.

Corporate Responsibility Report 2022: Sustainable manufacturing 61


Waste • Fab 8 completed several process optimi- • At GF Dresden, a project was
zations that reduced waste from chemical successfully concluded in 2021
GF focuses on pollution prevention and resource dispensing in photolithography, eliminated which introduced a new wastewater
conservation to reduce chemical use and avoid waste or reduction of wafer cleaning steps, and pretreatment process to remove
generation. As determined by our Global EHS Standard reduced chemical use in chemical mechan- copper from a copper rinseate waste
on Pollution Prevention and Resource Conservation, ical polishing processes. Combined stream. The cleaned portion can now be
we apply the pollution prevention hierarchy of source chemical usage savings amounted to safely discharged as wastewater to the
reduction, reuse, recycle, treat or dispose, to achieve almost 2,800 tons; municipal wastewater treatment plant.
cost savings while benefiting the environment The copper permeate continues to be
at the same time. • Fab 8’s industrial sulfuric acid distribution
disposed off-site as waste. As a result
system was reconfigured for direct
of the rinseate treatment, the total

09
GF carefully manages the waste generated acceptance and reuse of sulfuric acid
amount of annual waste was reduced by
from our manufacturing processes that cannot waste for pH neutralization in wastewater
900 tons;
be avoided. Semiconductor manufacturing treatment. This project installed a new
generates varied waste streams, ranging pumping system which allows the sulfuric • GF Dresden piloted a project to
from spent process fluids, spent solvents, acid waste stream to be used in place of recycle Deuterium. Deuterium (D2) is a
solids resulting from wastewater treatment new sulfuric acid, reusing 390 m³ (approx- hydrogen isotope that has an additional
to waste from construction projects and imately 590 tons) of sulfuric acid waste neutron in the atomic nucleus. In nature,
general office waste. Waste streams fall into annually; deuterium is rare and is therefore the
both hazardous and non-hazardous waste gas is very expensive. It is used in some
• In 2021, process engineers at our
categories. GF’s Global EHS Standards have annealing processes to improve device
Singapore site optimized chemical use in a
precise requirements for waste management, performance and reliability. To address
"pre-anneal" cleaning step. Prior to optimi-
including proper tracking, employee training its conservation, Dresden engineers
zation, the pre-anneal cleaning relied on a
and handling, as well as requirements for developed a basic principle of a recy-
mixture of hydrochloric acid and hydrogen
waste disposal and auditing of waste disposal cling plant that enables D2 separation
peroxide. During the optimization test
facilities. from the waste gas of the annealing
runs, it was found that the pre-anneal
process, followed by subsequent
clean could be done without hydrogen
Over the past three years, GF has executed purification, compression and reuse.
peroxide and nearly 290 tons of hydrogen
multiple projects that save chemicals and The pilot project is now implemented
peroxide can be saved each year;
reduce waste generation. Key projects in 2021 at production scale. We anticipate
include: effective reductions from 2022 on.

Corporate Responsibility Report 2022: Sustainable manufacturing 62


Figure 9 shows absolute and normalized total Figure 9. Absolute waste generation (including byproducts beneficially recycled
waste generation, as well as absolute generation and reused) and normalized waste generation through 2021
of hazardous waste8, non-hazardous waste and
byproducts beneficially recycled and reused9, from 80,000 1.6
2018 through 2021.
1.18
1.20 1.08 16,802
Absolute waste generation decreased 18,655
60,000 1.2
21,189
by four percent from 2018 to 2021. At 20,401 0.90
the same time, the normalized waste 10,004 6,229

Grams / MI
generation rate decreased 23 percent. 7,572 6,554

MTCE
40,000 0.8
The reduction reflects significant progress

09 in resource conservation, achieved while


GF significantly increased manufacturing
output (as expressed in MI). We continue to 20,000
44,342 41,031 41,503 47,229

0.4

actively investigate ways to reduce water


and chemical use to ultimately reduce
generation of waste. 2018 2019 2020 2021

Absolute non-hazardous waste generation


Absolute beneficially recycled / reused byproducts
Absolute hazardous waste generation
Normalized total waste generation (excluding beneficial recycled / reused byproducts)

8
The classification of waste as “hazardous” is determined by the respective regulations that apply to our manufacturing sites.
9
We also include the category “byproducts beneficially recycled and reused”, which is applicable only to our U.S. sites because reclaimed material is excluded from the U.S. EPA definition of
hazardous waste. Examples of beneficially recycled and reused byproducts include the reuse of spent sulfuric acid as a raw material in the manufacture of fertilizers or production of aluminum
sulphate, or the reuse of spent solvents in other industries after external purification through distillation.

Corporate Responsibility Report 2022: Sustainable manufacturing 63


Figure 10 and Table 8 show the 2021 volumes and Figure 10. 2021 total waste generated:
disposal paths for waste diverted from disposal and Volumes by waste type and by disposal path
waste directed to disposal. For hazardous waste,
we achieved an overall recycling and reuse rate (that Incinerated for fuel recovery: 4%
combines the categories “recycled /reused” with Incinerated: 6% Treated offsite: 1%
“byproducts beneficially recycled and reused”) of
51 percent, short of our 2021 stretch goal to recycle Landfilled:
25%
and reuse 60 percent of hazardous waste.

For non-hazardous waste, GF achieved a Recycled


reused: ous
64 percent recycle and reuse rate, which 64%
rd
za 02 to
ns

09
Recycled
,8
was at 98 percent of our 2021 goal.

e: 1 a
wast n-h
reused

,45 8 t o n s
including

No
beneficially
In 2021, 54 percent of GF’s total waste Incinerated for recycled /
fuel recovery: 1%

ts te &
Landfilled:
generated (including category of 5%
reused
byproducts:

: 53
byproducts beneficially recycled and

uc w as
51%
reused) was diverted to material recycling Incinerated: u

s
do d
9% be H a z a r ro
p
and reuse, and 90 percent was diverted n e fi c i a l b y

from landfill. GF has placed a specific focus


to limit landfill disposal, so we have set a Treated offsite:
34%
2022 goal and reduction initiatives within
our Journey to Zero to maintain at least
90 percent diversion of total waste from
landfill in 2022.

Corporate Responsibility Report 2022: Sustainable manufacturing 64


Table 8. Total waste generated at GF in 2021: Volumes by waste type and by specific diversion and disposal paths

Waste type Diversion / Disposal Weight (Tons) Percentage Diversion path / Disposal path Weight (Tons) Percentage

Beneficially recycled / reused


6,229 12%
byproducts

Diverted from disposal 27,851 52% Recycled / reused 20,939 39%


Hazardous waste
(including beneficial Incinerated for fuel recovery 684 1%
recycled / reused
byproducts) Incinerated 4,678 9%

09
Directed to disposal:
22,906 43%
diverted from landfill Treated offsite 18,229 34%

Directed to disposal: landfilled 2,701 5% Hazardous waste landfilled 2,701 5%

Recycled / reused 10,776 64%


Diverted from disposal 11,414 68%
Incinerated for fuel recovery 639 4%
Non- hazardous
Directed to disposal: Incinerated 978 6%
waste 1,192 7%
diverted from landfill Treated offsite 215 1%

Directed to disposal: landfilled 4,195 25% Landfilled 4,195 25%

Recycled / reused 31,715 45%

Beneficially recycled / reused


Diverted from disposal 39,265 56% 6,229 9%
byproducts

Total waste Incinerated for fuel recovery 1,322 2%

Directed to disposal: Incinerated 5,655 8%


24,098 34%
diverted from landfill Treated offsite 18,443 26%

Directed to disposal: landfilled 6,896 10% Landfilled 6,896 10%

Corporate Responsibility Report 2022: Sustainable manufacturing 65


Air emissions Materials management and product restrictions. GF has programs in place to
compliance obtain analytical evidence of product compli-
GF’s Global EHS Air Quality Standard has strict require- ance (such as RoHS and halogen-free require-
ments for the management of emissions to the air. GF has chemical review and approval systems ments). We make these reports and other
The Air Quality Standard specifies the management in place to ensure that only approved product compliance documentation available
practices for maintaining an air emissions inventory and materials are used in wafer fabrication and to our customers on our GlobalFoundryView
which practices to follow for installing and operating air development of foundry modules. Our data portal.
emissions control devices. All our manufacturing facilities material qualification process assesses
operate within air quality conditions permitted by local materials relative to our Specification for All our fabs have either been certified under
regulatory agencies. The primary air emissions Banned, Restricted and Declarable Materials the Sony Green Partner program or maintain
from our facilities include corrosives (acids and Management, which includes both regulatory equivalent controls to ensure product compli-

09 bases) and volatile organic compounds (VOCs). and customer-driven requirements. ance. Our certificates are available here.

We employ wet scrubbers to neutralize We extend these requirements to our EHS compliance
corrosive emissions and treat the scrubber manufacturing partners that provide
water in on-site wastewater treatment semiconductor foundry, assembly and test We are committed to a “Beyond
systems prior to discharge. For VOC emissions services. Applicable regulatory requirements Compliance” approach, seeking to exceed
reduction, most sites use thermal oxidation or include the EU Directive on Restriction of the requirements of applicable regulations.
carbon bed adsorbers. Fab 1 in Dresden, Fab Hazardous Substances in Electrical and We implement consistent and rigorous
7 in Singapore, Fab 8 in Malta, NY, and Fab 10 Electronic Equipment (RoHS Directive), its EHS standards, management systems,
in East Fishkill, NY have control technology sister directives in other jurisdictions, such as metrics, external reporting and compliance
in place that utilizes rotary concentrators China RoHS, and other legislation that regu- assurance programs. Our manufacturing
followed by thermal oxidation. This technology lates substances contained in products (also sites perform internal reviews as part of their
uses highly adsorbent zeolite materials to cap- called “articles”), and the EU Regulation on EHS Management Systems and are routinely
ture VOCs, which are subsequently desorbed, Registration, Evaluation, Authorisation and inspected by regulatory authorities. In 2021,
producing a low-volume exhaust stream with Restriction of Chemicals (REACH) provisions we received one notice of violation for a
a higher concentration of VOCs. This more on the presence of designated Substances of self-reported issue. No financial penalty
concentrated exhaust stream is then treated Very High Concern (SVHCs). resulted from the NOV, and no other financial
with greater efficiency through a combustion penalties resulted from government agency
process that destroys as much as 98 percent of Our specifications also require packing mate- inspections and regular compliance reporting
the VOCs. rial suppliers to meet applicable substance across our global locations.

Corporate Responsibility Report 2022: Sustainable manufacturing 66


Responsible supply chain

GlobalFoundries is committed to human rights and responsible sourcing practices.


We require suppliers to conform to the RBA Code of Conduct requirements, including
respecting human rights, prohibiting forced and child labor and meeting or exceeding all
labor, safety, health, environmental and ethical standards, including our Human Rights
Policy’s key principles. We utilize RBA processes and tools to assess supplier conformance
to our principles and the RBA Code.

Our manufacturing supply chain consists Our requirement that suppliers conform
primarily of suppliers of highly specialized with the RBA Code is included in our

10 Responsible
semiconductor manufacturing equipment standard contract templates, Purchase
and materials. We also work with suppliers Order Terms and Conditions, Global
of specialized business services ranging Supplier and Subcontractor Management

sourcing from fab design and construction to IT


(Information Technology) consulting. The
Policy and Material Qualification
Procedure. We have implemented a
majority of our manufacturing suppliers risk-based supplier monitoring process
operate in the United States, Japan, that assesses our major suppliers’
Singapore, Germany, other EU countries, conformity to the principles of our Human
and Taiwan. There are also a small number Rights Policy and the RBA Code. Our
of suppliers from the People’s Republic supplier monitoring is complemented
of China. Due to the nature of the by a verification element that draws
semiconductor foundry business (highly from and builds on the RBA VAP audit
specialized materials, tools and services with process. Verification is applied with due
relatively long qualification times), GF has consideration of the perceived supplier
developed long-term working relationships risk of potential non-conformance to our
with most of its suppliers, and specifically Human Rights Policy principles and the
with its most relevant suppliers. RBA Code.

Corporate Responsibility Report 2022 67


The composition of the major supplier list is reviewed GF requirement to be in conformity to the Annual results of the RBA Code conformity
annually and is based on documented criteria that RBA Code. The certification also highlights assessment and verification process
are related to supplier spend by supplier commodity, specific GF provisions on anti-corruption. are included in our Global Supplier
supplier strategic importance and potential supplier The annual major supplier monitoring also Ratings process, which scores supplier
risk. The 2021 GF major supplier list covered include deliverables to complete supplier performance with regard to Quality,
suppliers with a cumulative spend of more than 80 self-assessments, to provide visibility about Cost, Operations, Service, Technology
percent in the primary commodities, which include RBA VAP audits performed or planned and and Business Continuity / Compliance.
silicon wafer, electronic grade and specialty to provide environmental information (such Given their important role in supplier
chemical suppliers, manufacturing tool as climate and water-related metrics and oversight, commodity managers in GF’s
suppliers10, mask suppliers, and outsourced targets). GF utilizes RBA questionnaires Global Supply Management organization
manufacturing — mostly outsourced test and tools (such as RBA-Online, RBA’s receive annual training regarding the RBA

10 and assembly (OSAT) suppliers. Our 2021


major supplier list also included labor
supply chain risk assessment platform) or
equivalent methods.
Code and its requirements, with a specific
focus on the results of the preceding year’s
recruitment agencies and on-site service major supplier RBA Code monitoring and
suppliers, such as janitorial, security and GF applies a risk-based approach for major verification program.
canteen services. In 2021 this comprised suppliers to provide additional evidence of
approximately 85 suppliers, most of which RBA Code conformity when needed. These
provide products and services to GF from additional verification steps range from
multiple supplier sites (218 major supplier targeted document reviews performed
sites in total). by GF staff to comprehensive RBA VAP
(Validated Assessment Program) audits.
As we commence our annual major Where corrective actions are identified,
supplier monitoring process, we ask our either in VAP audits or in a GF review, we
designated major suppliers to provide a monitor supplier closure to implement the
signed certification acknowledging their necessary measures and provide assistance
understanding of the RBA Code and the as needed.

10
Suppliers in this category covered more than 70 percent of spend

Corporate Responsibility Report 2022: Responsible sourcing 68


Figure 11 and Figure 12 respectively show, Figure 11. Number of GF supplier RBA code self assessments by commodity (2020–2021)
for 2020 and 2021, the number of supplier 140 140
122
sites self-assessments obtained, and the 120 120
number of suppliers who performed RBA 100 100
85
VAP audits and the number of targeted 80 80
document reviews conducted. 60 57 60
40 40
As shown in Figure 12, within the 2021 29
20 16
20 17 19 20
supplier monitoring program cycle, 218 5 4
0 0
self-assessment responses were obtained Materials Manufacturing Outsourced On-site Recruitment
from major supplier sites. The majority (wafers, materials, tools manufacturing mservices agencies

10
masks) supplier sites supplier sites supplier sites suppliers
(96 percent) of the 2021 self-assessment
RBA 2020 site SAQs and equivalent information (total 156)
responses indicated a low risk for non-
RBA 2021 site SAQs and equivalent information (total 218)
conformance to the RBA code, while four
percent indicated a medium risk, and
zero self-assessments were scored at a Figure 12. Number of GF supplier RBA VAP audits and targeted document reviews
high risk. GF staff specifically reviewed all by commodity (2020–2021)
self-assessment information where self- 16 15 15 16

assessments were scored at medium risk of


12 12
non-conformity to the RBA Code. GF staff 11

conducted targeted document review for


8 8
fifteen on-site service suppliers and for all 6
5 5
(four) foreign worker recruitment agencies 4 4 4 4
3
used during 2021.
1 1
0 0
Materials Manufacturing Outsourced On-site Recruitment
(wafers, materials, tools manufacturing mservices agencies
masks) supplier sites supplier sites supplier sites suppliers

Valid RBA VAP audits in 2020 (total audits performed in 2019-2020: 10)
Valid RBA VAP audits in 2021 (total audits performed in 2020-2021: 21)
GF RBA targeted document reviews 2020 (total 20)
GF RBA targeted document reviews 2021 (total 19)

Corporate Responsibility Report 2022: Responsible sourcing 69


GF continues to encourage all suppliers to perform and to share Figure 13. Average VAP audit score by VAP audit type for GF major supplier
RBA VAP audits. RBA VAP Audits have been done at GF supplier sites that completed an initial VAP audit in the time period 2020 through 2021
sites in Japan, Malaysia, Singapore, Taiwan, South Korea, the

Average VAP audit score


(maximum score is 200)
United States, Belgium and the People’s Republic of China. As 200 200
shown in Figure 13, 21 major supplier sites had conducted VAP 150 188 196 150
Audits in 2020 and 2021. Of the 21 major supplier sites that 159
100 100
conducted an Initial VAP Audit in 2020 and 202111, 16 sites had
50 50
corrective actions identified for closure within the RBA VAP
process12. As of April 2022, closure of corrective actions 0
Initial audit Priority closure audit Closure audit
0

is complete for 11, and in progress for the other five of


these supplier sites. Figure 13 shows the average scores

10
Table 9. Supply chain RBA non-conformities by RBA code section
achieved by VAP audit type in audits performed during
the last two years at major supplier sites. The increasing RBA finding Number Percentage
severity level of findings of findings Percentage of findings by RBA code category
audit scores from Initial Audits through Closure Audits
demonstrate supplier learnings and progress in closing Priority 4 2% 50% Labor (all audited through closure)
non-conformity 25% Health and safety (all audited through closure)
non-conformities. Initial Audits are the first audits in
25% Management systems (all audited through closure)
a VAP Audit cycle, Priority Closure Audits are used to
verify closure of any “priority”-level audit findings (the Major 100 60% 35% Labor
non-conformity 32% Management systems
most severe) and Closure Audits serve to verify closure
21% Health and safety
of any other types of findings (“major” or “minor”). 12% Environment

GF analyzes our major suppliers’ RBA VAP Audit findings Minor 63 38% 39% Health and safety
non-conformity 28% Labor
to identify the most relevant responsible sourcing risks
14% Management systems
in our supply chain. As shown in Table 9, of the RBA VAP 10% Environment
Audit findings, two percent were classified as priority 9% Ethics
findings (all of which were closed by the end of 2021),
60 percent were classified as major findings, and 38 11
GF considers RBA VAP audits valid for a period of two years.
percent as minor findings13. These findings pertained to 12
GF considers VAP audits with scores of less than 180 points (below RBA “Gold” Level) as needing corrective actions,
the RBA Code categories as shown in Table 9. confirmed through a VAP Closure Audit.
13
A priority non-conformity represents a grievous breach of RBA standards, a major non-conformity is a significant failure
in the auditee’s RBA conformance management system, a minor non-conformity is an isolated or random non-conformity.

Corporate Responsibility Report 2022: Responsible sourcing 70


As the most frequent findings, we assess the topics below to be the most relevant supply chain risks of non-conformity to
GF’s Human Rights Policy principles and the RBA Code:

• Labor—Working hours and consec- • Health & safety—Occupational • Labor—Freely chosen employment
utive days worked (12 percent of Health & safety (10 percent of (7 percent of findings): These included
findings): These included exceedances findings): These findings included findings of prohibited fees and penalties
on weekly working hours and consecu- missing health and safety permits (recruitment fee, educational bond,
tive workdays and missing procedures or licenses, ineffective measures to penalty to leave on short notice),
to effectively manage working hours. control worker exposure to potential withholding of personal documents,
One priority finding was identified in safety hazards, or lack of reasonable mandatory overtime and lacking policies to
this category, which has been closed in accommodation for nursing women. prohibit of any form of involuntary labor.

10 a subsequent audit.
• Health & safety—Emergency pre-
No priority findings were identified in
this category.
No priority findings were identified in this
category.
paredness (11 percent of findings): • Management systems—Supplier • Non-discrimination (7 percent of findings):
These findings included inadequate responsibility (9 percent of findings): Findings included lack of reasonable
emergency response planning, lack of These findings are related to missing accommodation for religious practices
effective emergency evacuation drills procedures to communicate the RBA and missing anti-discrimination and
or insufficient protective equipment Code requirements to next tier sup- anti-harassment policies. No priority
and training for emergency response pliers, as well as lack of a program to findings were identified in this category.
personnel. Two priority findings were monitor and verify next tier supplier
identified in this category, both have conformance to the RBA Code. One Approximately 90 percent of the findings
been audited through to closure. priority finding was identified in this have been closed or are proceeding towards
category, which has been audited closure as of April 2022. GF tracks the progress
subsequently as closed. of findings closure through the RBA-Online
platform.

Corporate Responsibility Report 2022: Responsible sourcing 71


Responsible minerals sourcing ultra-thin metal films onto the wafer To maintain our DRC conflict-free supply
surface. Tin and gold are used in post-wafer chain status, we manage our supply base
GF requires all materials to be sourced responsibly— fab process steps, such as in interconnect with detailed requirements for responsible
this applies specifically to materials potentially materials in wafer bump or wafer packaging, metals and minerals sourcing in a supplier
sourced from conflict-affected and high-risk areas. and in components used for semiconductor specification that controls all direct
GF’s Conflict Minerals Policy establishes due module assembly. materials (those that become part of GF
diligence expectations for sourcing of minerals and products) containing 3TG metals. We
metals, such as tantalum, tin, tungsten and GF is a member of the Responsible Minerals partner with our suppliers in, at minimum,
gold (“3TG”) as well as cobalt. The policy Initiative (RMI) and applies RMI’s due annual reviews of their due diligence
specifically prohibits sourcing of 3TG diligence tools, such as the Responsible practices and to identify all smelters in our
metals that contributes to financing armed Minerals Assurance Process (RMAP) and extended supply chain and ensure they

10 conflict and human rights abuses in the


conflict regions of the Democratic Republic
Risk Readiness Assessment (RRA) for
conflict-affected and high-risk areas. GF’s
goal is to maintain our 3TG DRC conflict-
maintain RMAP conformance. Any new
commodities including 3TG metals must
of Congo (DRC) and adjoining countries. be sourced only from RMAP compliant
Our corresponding responsible minerals free supply chain—a status that we initially smelters.
sourcing program and its progress are achieved in 2016.
reviewed periodically by the Stewardship In addition, as part of GF’s risk management
Committee. As of Q4 2021, GF’s supply chain includes 41 process for Responsible Minerals sourcing,
tungsten, 40 tantalum, 105 gold and 67 tin if the supplier’s conflict minerals declaration
In the complex, multi-step silicon wafer smelters, of which the tungsten, tantalum, or Responsible Minerals sourcing practices
manufacturing process, tantalum, gold smelters are all validated as DRC do not meet our company expectations
tungsten—and in some cases, cobalt or conflict-free smelters14. DRC conflict-free or if a smelter used in the supplier’s supply
gold—are added to achieve the desired sourcing is defined by sourcing 3TG metals chain becomes non-conformant with the
functionalities of integrated circuits. The only from smelters listed as compliant by RMAP protocols, the supplier shall either
commodities we purchase that contain the Responsible Minerals Initiative’s (RMI) correct the gap immediately or if needed,
tantalum, tungsten, gold or cobalt include Responsible Minerals Assurance Process develop and submit a corrective action plan.
high-purity targets used in physical vapor (RMAP). We routinely provide due diligence If a non-conformant smelter is unwilling to
deposition (PVD) and process gases and information to support our customers’ pursue corrective actions per the RMAP
chemicals, all of which are used to deposit reporting needs.
14
At YE 2021, 1 Tin smelter was in RMAP active status. Their RMAP assessment was completed in November 2021. The audit report published
year-end 2021 identified corrective actions that as of March 2022, were completed, so that the smelter moved back to RMAP conformant status.

Corporate Responsibility Report 2022: Responsible sourcing 72


process, then GF will take steps to implement GF has expanded our supplier assurance
alternate sourcing of materials that is not dependent processes to our extended minerals
on that non-conformant smelter. Accordingly in 2021, supply chain, using RMI’s Risk Readiness
GF took steps to remove one tin smelter and three Assessment (RRA) tool. The RRA is a
gold smelters from our supply chain, as they lost their voluntary self-assessment and reporting
respective validated RMAP compliant status. Any new tool that extends further upstream than the
commodities including 3TG metals must be sourced RMAP program, which focuses on smelters.
only from RMAP compliant smelters. The RRA enables a broader understanding
of the environmental, social and governance
For cobalt, we have implemented due risks in the minerals supply chain beyond
diligence processes aligned with the RMI’s DRC conflict-free minerals sourcing. The

10 Cobalt Initiative. In the beginning of 2021,


nine percent of our cobalt smelters were
RRA specifies good management practices
(”industry norms”) to successfully address
RMAP conformant. In line with RMI’s potential risk. These management practices
cobalt program, we worked with our are derived from requirements of voluntary
cobalt material suppliers who sourced sustainability standards that are commonly
from smelters that were not yet RMAP applied to the minerals and metals supply
compliant to exert pressure on the smelters chains.
to achieve compliance as expeditiously as
possible. This was a very successful effort
and as of Q4, 2021, 66.7 percent of our
cobalt smelters were RMAP conformant.
GF’s responsible sourcing goal for cobalt
is to achieve 100 percent of cobalt-
containing materials from RMAP active or
conformant smelters by year-end 2022. We
have updated our supplier Specification
for Banned, Restricted, and Declarable
Materials Management to escalate this
requirement to our supply chain.

Corporate Responsibility Report 2022: Responsible sourcing 73


About this report

The GF 2022 Corporate Responsibility Report is our eighth


comprehensive corporate social responsibility and sustainability
report. The last report was published in 2021 and covered 2020 data.

We use the Global Reporting Initiative (GRI) Sustainability Reporting


Standards and self-declare that this report has been prepared in
accordance with the GRI Standards: Core option.

Please find detailed information in the GRI Index of this report.

11 About this Data presented in this report reflect calendar year 2021 where not
indicated otherwise. The data were compiled from facilities owned

report
or operated by GF during the reporting period and validated using
our internal processes. We perform internal due diligence to ensure
the accuracy of the information and data presented. We currently do
not seek independent assurance of non-financial data.

We value and encourage your feedback on this report. Please send


comments or questions to CSR.GF@gf.com.

Corporate Responsibility Report 2022 74


Fab 1 – Dresden, Germany Fab 9 – Burlington, Vermont, USA

12 Site profiles

“GIGA+ Fab” and Fab 7/7G – Singapore Fab 10 – East Fishkill, New York, USA

Fab 8 – Malta, New York, USA GF Bangalore, Karnataka, India

Corporate Responsibility Report 2022 75


Site Profile: Fab 1 – Dresden, Germany
Groundbreaking for the manufacturing site in Dresden the renowned German youth tech competition Awards:
took place in October 1996. The grand opening of the first “Jugend forscht” (“Young Scientists”) in Saxony that • 2020 Dresden’s Best Employers: awarded by
production cleanroom followed in 1999, and the Dresden site rolls up to the nationwide competition. The GF the business magazine Capital. The evaluation
has continued to expand ever since. In 2009, the Dresden site Dresden site's continued focus is on virtual events took into account GF Dresden’s specific com-
became the first GlobalFoundries (GF) fab when the company for K-12 students, such as “Girls’ Day”, “Summer mitment to the region, its dedication to social
responsibility, and the respondents’ rating of
was divested from Advanced Micro Devices, Inc. (AMD). GF University” (jointly with TU Dresden) and virtual
GF Dresden as an attractive employer.
Dresden contributes significantly to the advancement of a “microelectronics lessons” for school classes.
leading-edge semiconductor industry in Europe, Germany, • 2020 Germany’s Best Companies for Vocational
and specifically the high-tech cluster in Saxony. The region Sustainability feature: Training: awarded by the business magazine

currently counts approximately 2,500 high-tech Low greenhouse gas emissions Capital and Ausbildung.de. GF Dresden scored
well for our support and involvement of train-
companies with more than 70,000 employees.

12
Fab 1 was designed for extremely low emissions of ees, innovative teaching methods and excellent
PFCs, which is accomplished by utilizing low- overall quality of learning in the company.
Community relations
emission gases in CVD chamber cleaning, coupled • 2020 German Innovation Leaders: GF Dresden
Located literally fence-to-fence with its neighbors with near-universal use of point-of-use abatement was honored to be named a German Innovation
in the 800-year-old villages of Wilschdorf and equipment for PFC-using processes. Highly leader by Frankfurter Allgemeine Zeitung for
Boxdorf, the Dresden site participated in its efficient natural gas powered trigeneration plants our own inventiveness and for the influence of
first local town hall meetings back in 1996 and power Fab 1, along with a fraction of electricity our patents on other inventions.
continues to do so today. GF Dresden supports from the Dresden public grid. • 2020 and 2021 Best Employers in Germany:
various neighborhood associations and activities Newspaper WELT has assessed GF Dresden’s
such as local heritage societies, volunteer fire Wafer size: 300mm “very high attractiveness” as an employer in the
brigades and choirs. The Dresden site’s Community Technology: 22nm, 28nm, 40nm, 55nm industrial sector.
Affairs Program has a strong focus on educational Management system certifications: ISO 9001,
• 2021 Responsible Business Alliance (RBA)
youth projects. As a leading tech company, the IATF 16949, ISO 14001, ISO 45001, ISO 27001, VAP Platinum Recognition for achieving the
Dresden site is driving a considerable number of ISO 50001, Sony Green Partner maximum score of 200 in Fab 1’s first ever VAP
educational projects focused on STEM activities Audit in November 2021.
with K–12 students. Jointly with other long-term
partners, since 2009, GF Dresden is a sponsor of

Corporate Responsibility Report 2022: Site profiles 76


Site Profile: “GIGA+ Fab” and Fab 7/7G – Singapore
The GF Singapore Woodlands campus is home to one 200mm Sustainability feature: Resource efficiency Awards
“GIGA+" fab (Fabs 2, 3 and 5) and one 300mm fab (Fab 7/7G). • 2020 Responsible Business Alliance (RBA)
The history of our GIGA+ fab goes back to 1995 when Fab 2 first Resource efficiency is a priority for the Singapore VAP Audit Platinum Recognition for
started production. Our 300mm Fab 7 commenced operation team—energy and water conservation programs achieving the maximum score of 200 in the
in 2005 and has evolved ever since. The GF Singapore fabs were are continually pursued. Our Singapore fabs November 2020 VAP Audit.
previously owned by Chartered Semiconductor Manufacturing have extensive state-of-the-art water recycling
• 2020 Singapore Community Spirit Gold in
and were acquired by GlobalFoundries in 2010. In 2016, our capabilities in place. The site achieved a 62 percent
recognition of the collective contribution
former 200mm Fab 6 was converted to 300mm (Fab recycling rate in 2021.15 The recycling rate increased
from the company and its employees to The
7G) and merged into Fab 7. In June 2021, GF broke eight percent in one year following implementation
Courage Fund. This giving effort has helped
ground for construction of a new 300mm fab on our of a major project in 2021 that significantly improved
social service agencies and the service users
Singapore campus. the already high water recycling rate. Our new fab,
they support tide through challenges arising
which is now under construction, was designed

12
from the COVID-19 pandemic.
Community relations to capture rainwater to reuse it for general non-
potable water uses. Moreover, 95 percent of the • 2020 Singapore Childrens’ Cancer
Since 2006, the GF Singapore site has held an annual water supply to GF Singapore is NEWater, which is Foundation Appreciation Award (Silver)
Hair for Hope fundraising event benefiting the reclaimed and treated wastewater supplied by the for the collective effort and giving of the
Singapore Children’s Cancer Foundation (CCF). This Singapore Public Utilities Board. Using NEWater company and our employees.
signature event serves to raise funds and promote supports Singapore’s water conservation strategy
• 2021 HR Online Employee Experience
awareness of childhood cancer. GF donated a total to reserve high-quality potable water for domestic
Awards: GF SGP won Gold in Best
of S$60,000 (~$45,000 USD) to the beneficiary in consumption.
Organizational Upskilling & Reskilling
2021 and altogether has raised more than S$1M over
Strategy, Gold in Best Learning and
the last 17 years. GF Singapore also supported CCF’s Wafer size: 300mm / 200mm
Development Program, and Bronze for Best
Hope Train campaign, which aims to raise awareness Technology: 180nm–40nm
in-House Certification Program.
of the therapeutic benefits of art for childhood Management system certifications: ISO 9001,
cancer patients. GF Singapore also supports regional IATF 16949, ISO 14001, ISO 45001, Sony Green • 2021 HR Online HR Excellence Awards:
STEM activities, providing insights into advanced Partner; UL Zero Waste to Landfill Certified, GF SGP won Gold in Excellence in Talent
technology for students from several tertiary Fab 2/7/7G: ISO 15408, ISO 27001 Management, and Bronze in Leadership
institutions. Development and HR team Collaboration.
• 2022 Great Place to Work-Certified™ by
Great Place to Work® Institute Singapore.

15
as compared to water withdrawal

Corporate Responsibility Report 2022: Site profiles 77


Site Profile: Fab 8 – Malta, New York, USA
In 2009, GF broke ground for construction of the Fab 8 300mm three-season community athletic complex in the Green Building Council, the Fab 8 campus achieved
wafer manufacturing facility in Malta, New York. Total capital Luther Forest Technology Campus. The GF Malta and LEED Gold® for the Admin1 and Admin2 office
investment for the Fab 8 campus now exceeds $15 billion USD. GF Stillwater Foundations have collectively granted buildings and LEED Silver® for the fabrication facility.
The majority of this investment has been directed towards in excess of $2.2M USD to over 510 community,
advanced 14/12nm process technologies. With approximately civic, athletic, non-profit and STEM programming Wafer size: 300mm
42,000 square meters of cleanroom space and continued organizations through 2021. Technology: 14/ 12nm
expansion, GF’s Fab 8 is one of the leaders in advanced Management system certifications: ISO 9001,
manufacturing in the U.S. Fab 8 is a cornerstone of Upstate GlobalGives holiday gift campaign 2021 ISO 14001, ISO 45001, ISO 27001
New York’s “Tech Valley” region and is the largest and most On behalf of our generous Fab 8 employees, GF
donated a total of $30,000 USD to two local charities: Awards:
successful public-private sector investment in New
the Regional Food Bank of Northeastern New York and • 2021 New York Capital Region’s Healthiest
York State’s history.
Saratoga Bridges as part of our 2022 GF GlobalGives Employers Award

12 Community relations and workforce


development
Holiday Gift Campaign. Additionally, in December
2021, our GF Malta employees contributed to our 2021
Fab 8 Toys for Tots Drive, which is coordinated each
Fab 8 received the Albany Business Review’s
Healthiest Employers Award for two consecu-
tive years (2020 & 2021). This award spotlights
Along with charitable donations in the local com- year with the U.S. Marine Corps. A total of 2,809 toys Capital Region businesses that promote
munity, the site’s community relations and work- were donated (plus 48 bikes that were assembled by health and wellness and support a culture of
force development programs support numerous GF employee volunteers) to the program. wellness and well-being in the workplace.
educational initiatives. These include the FIRST®
• Hudson Valley Community College (HVCC)
(For Inspiration and Recognition of Science and Sustainability features:
Foundation Philanthropy 2021 Award for
Technology) robotics program, a GlobalGirls STEM Green building design
STEM & Education Partnerships
camp for middle school girls in partnership with the
Fab 8 earned the award for our long-standing
Girl Scouts of Northeastern New York and mentoring The Fab 8 campus has integrated green building
philanthropy in the Capital Region surrounding
and workshops for P-TECH (Pathways in Technology principles and energy and water efficiency features
STEM and education, including the recent
Early College High School) students. Additionally, from the beginning. This includes an innovative
donation by GF of $500,000 USD in economic
the Fab 8 team partners with local school districts system that uses heat recovery chillers to meet the
support and equipment towards the HVCC
on educational programming for students about the fab’s year-round base cooling load and recovers the
North Expansion Capital Project at the TEC-
semiconductor industry, GF and STEM careers. heat for site needs instead of removing it with cooling
SMART Campus in Malta.
towers. The fab was also equipped from the start with
Together with its consortium of business partners, high-efficiency motors, chillers, boilers, fan filters for • Green Building: Admin 1 and Admin 2 office
GF has invested over $5M USD in the Saratoga the cleanroom and vacuum pumps. Using the “LEED buildings are LEED Gold®. Fab 8.1 fabrication
County communities of Malta & Stillwater including (Leadership in Energy & Environmental Design)® facility is LEED Silver®.
the development and construction of a $1.1M USD green building program” design criteria from the US

Corporate Responsibility Report 2022 78


Site Profile: Fab 9 – Burlington, Vermont, USA
GF Fab 9 is the largest 200mm pure-play foundry site in the working together to develop a semiconductor Wafer size: 200mm
United States. We employ approximately 2,200 people in engineering curriculum within the UVM College Technology: 350nm–90nm
the State of Vermont, which we believe makes us one of the of Engineering, and in early 2021, GF embarked Management system certifications: ISO 9001,
largest private-sector employers in the state. IBM broke in a pilot mentorship program with UVM. GF IATF 16949, ISO 14001, ISO 45001, Sony Green
ground on this facility located on the banks of the Winooski has a partnership with Vermont Tech, which also Partner
River near Burlington in 1957. Since then, the campus has provides an equipment technician apprenticeship
grown and evolved into a major semiconductor program. Awards:
manufacturing site. GF acquired the site as part of • 2021 Responsible Business Alliance (RBA)
the IBM Microelectronics business in 2015. Clean Energy Development: GF and UVM have VAP Audit Recognition—GF Fab 9 achieved
engaged in the Vermont Clean Energy and
the maximum score of 200 in its February
Community relations Resilience Consortium, which seeks funding for
2021 VAP Audit.
research and related economic and commercial

12 The Burlington site has an extensive history


of community involvement. As part of the GF
GlobalGives program, many Burlington employees
development related to clean energy in Vermont
and collaborates on projects of mutual interest
• 2020 LCC (Lake Champlain Chamber)
Community Impact Award: Fab 9 was
recognized for enhancing the quality of life
to support green energy, renewable energy,
volunteer with a variety of local non-profit decarbonization and energy resiliency in of the Lake Champlain region of Vermont.
agencies, which focus on food stability, health Vermont.
services and family-oriented causes. Additionally, • 2020 and 2021 Vermont Governor’s
GF employees support many K-12 STEM Sustainability feature: Excellence Award in Worksite Wellness—
initiatives, such as the ECHO Leahy Center for Legacy of environmental excellence Fab 9 received the 2021 Gold Award for The
Lake Champlain, Odyssey of the Mind, STARBASE, Governor’s Excellence in Worksite Wellness.
and FIRST®Lego and Robotics. Over the holiday Noted for its long-term environmental This is the second consecutive year GF has
season, Fab 9 hosted a site-wide food drive, excellence, GF Fab 9 has received extensive received this award and first achieving Gold
donated over 2,400 pounds of food to eight local recognition including numerous national, level status.
food shelves and donated $25,000 USD to the regional, and state awards for its pollution
Vermont Foodbank. prevention programs. The Burlington site
also has a history of supporting photovoltaic
Educational partnerships development research, and in 2016, transferred
unused land to Green Mountain Power to develop
GF has a strategic partnership with the University a 4.7 MW solar power generation facility.
of Vermont (UVM) and Vermont Technical
College (Vermont Tech). GF and UVM are

Corporate Responsibility Report 2022: Site profiles 79


Site Profile: Fab 10 – East Fishkill, New York, USA
Originally developed by IBM in 1962, the East Fishkill, GlobalGives holiday gift campaign – 2021 Wafer size: 300mm
New York, site grew and evolved into a major R&D and Demonstrating the generosity of employees, Technology: 130nm–22nm
manufacturing center. The site joined GF as part of the the Fab 10 team donated a total of $27,500 Management system certifications:
acquisition of IBM Microelectronics in 2015 and is now USD to The Food Bank of Hudson Valley, a local ISO 9001, AS 9100D, ISO 14001, ISO 45001,
known as GF Fab 10. In April 2019, GF announced the launch organization dedicated to alleviating hunger IATF 16949, Sony Green Partner
of its strategic partnership with onsemi, through which GF while preventing the waste of wholesome foods;
will transfer ownership of the Fab 10 facility to ON at the and Astor Services for Children and Families,
end of 2022. a community-based non-profit organization
that provides children’s mental health services,
Community relations child welfare services and early childhood
development services.
East Fishkill employees have always prided

12
themselves on being good neighbors, giving Additionally, Fab 10 employees contributed to
generously to the local community through our December 2021 Toys for Tots drive. A total of
charitable donations and volunteering in the 583 toys were donated, directly supporting 170
local community. In the past, Fab 10 employees local families and 426 children.
assembled bikes to donate to local children’s
not-for-profit organizations, collected hats, Sustainability features
gloves, and non-perishable food for the
community, provided gifts for Toys-for-Tots, and Fab 10 produces two commercial chemical
supported the “Treat the Troops” program to products for reutilization from the wastewaters
send homemade care packages to deployed U.S. generated by its 300mm manufacturing
military service members. Most recently, in 2021, operations. A sulfuric acid wastewater is
employees volunteered and completed a roadside segregated to produce a spent sulfuric acid
cleanup in East Fishkill to honor Earth Day. product and an ammonia wastewater is distilled
to produce an ammonium hydroxide solution for
The East Fishkill site has also participated in reuse in off-site catalytic air emission abatement
STEM activities, including “DiscoverE” school systems.
visits and National Manufacturing Day on-site
where students experience STEM problem solving Groundwater treated through IBM groundwater
skills and careers. The Fab 10 team continued remediation activities (approximately 25 percent
to partner with local school districts in a virtual of site water usage) is also reused in the produc-
environment on educating students about the tion of ultra-pure water.
semiconductor industry, GF and STEM careers.

Corporate Responsibility Report 2022: Site profiles 80


GF Bangalore, Karnataka, India
The GF India office in Bangalore is our largest non- Our activities are focused primarily on four key Healthcare
manufacturing site and serves as a center of excellence focus areas: Education, Vocational Training and • Donated gloves and masks to local hospitals
for design and technology enablement, information Skill Building, Healthcare and Environment. In and healthcare workers in Bangalore during
management and information technology. GF India 2021 and early 2022 our CSR projects included: the COVID crisis;
is also home to fab engineering, product tape out,
Education • Provided a water purifier to Karnataka Public
Human Resources, Finance, Global Sales and Business
Development teams. GF India started operations in July • Donated (cash donation) to Concern India School, Bangalore as part of health/hygiene
2015 as a strategic component of our acquisition of the IBM Foundation, Bangalore in support of the “Girl improvement.
Microelectronics Division. Child Education” project. Environment
• Setting up a science lab for the PKS school in • Donated solar power enablement for a rural
The GF India Board of Directors established
Bangalore. health care resource center (Samarthanam
a CSR Policy in 2017 and has a dedicated CSR

12
Trust for the Disabled), that facilitates basic
Committee that oversees actions taken in • Donating to the Tribal Society of India to
health care, medical and rehabilitation for
support of the policy. GF India executes a successfully run 40 one-teacher schools (Ekal
persons with severe and profound condi-
wide range of CSR projects every year with a Vidyalaya) in tribal areas for the year 2021.
tions. The solar projects also enabled street
dedicated budget and tremendous support
• Provided school desks, school chairs, lighting for five villages.
from our employee volunteers. Our CSR projects
serve not only communities in Bangalore, but desktops and sewing machines as edu- Vocational training and skill building
also extend to the rural and tribal sectors in the cational support for underprivileged and • Donated sewing machines to five organi-
State of Karnataka. GF India donates to non- persons with special needs to Snehashreya zations for rural women under the women
governmental organizations and contributes Foundation, Ramamurthy Nagar, Bangalore. empowerment sustainable development
teaching aids for skill development, smart program enabled by SWASTI (a global public
class and computer lab setups, healthcare health organization committed to vulnerable
equipment and environmental solutions. As communities).
part of STEM outreach, GF India also organizes
field trips, 'Show & Tell' workshops, celebrates
National Science Day and engages children
from various underprivileged schools to spread
awareness about the importance of, and growth
opportunities in, Science and Technology.

Corporate Responsibility Report 2022: Site profiles 81


13 2022 Global
Reporting
Initiative
(GRI) index

Corporate Responsibility Report 2022 82


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

102-1 Name of the organization Company profile (page 3)

102-2 Activities, brands, products, Company profile (pages 3–4)


and services

102-3 Location of headquarters Company profile (page 4)

102-4 Location of operations Company profile (page 4) 2021 GF Annual Report GF Form 20-F, “Information on the
Company”, pages 39–45

102-5 Ownership and legal form — 2021 GF Annual Report GF Form 20-F, “Information on the
Company”, pages 30, 38

13
102-6 Markets served Company profile (page 3) 2021 GF Annual Report GF Form 20-F, “Information on the
Company”, pages 30, 39

102-7 Scale of the organization Company profile (page 4) 2021 GF Annual Report GF Form 20-F, “Information on the
GRI 102: General Company”, pages 30, 39–45
Disclosures 2016 Human capital - diversity,
equity & inclusion and talent,
development (page 33)

102-8 Information on employees and Human capital - diversity,


other workers equity & inclusion and talent
development (pages 36–37)

102-9 Supply chain Responsible sourcing (page 67)

102-10 Significant changes to the CEO Statement (pages 6–9) 2021 GF Annual Report GF Form 20-F, “Information on the On November 1, 2021, GF
organization and its supply Company”, page 45 announced closing of its initial public
chain offering. GF shares are listed on the
Nasdaq Stock Exchange and trade
under the ticker symbol “GFS.”

102-11 Precautionary Principle or Sustainable manufacturing


approach (pages 48–49)

Corporate Responsibility Report 2022: GRI Index 83


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

102-12 External initiatives Governance (pages 19–20)

102-13 Membership of associations GF stakeholders and CSR


priorities (page 12)

102-14 Statement from senior CEO statement (pages 6–9)


decision-maker

102-16 Values, principles, standards, Governance (page 14)


and norms of behavior

102-17 Mechanisms for advice and Governance (pages 15–16)


concerns about ethics

13
102-18 Governance structure Governance (pages 17–18) Corporate Governance Framework

102-19 Delegating authority Governance (pages 18–19) Corporate Governance Framework


GRI 102: General
Disclosures 2016
102-20 Executive-level responsibility Governance (page 19) 2021 GF Annual Report GF Form 20-F,
for economic, environmental, “Directors, Senior Management and Employees”, pages 67–68
and social topics

102-22 Composition of the highest — 2021 GF Annual Report GF Form 20-F,


governance body and its “Directors, Senior Management and Employees”, pages 60–63,
committees 67–69;
https://gf.com/about-us/board-directors/

102-23 Chair of the highest governance — 2021 GF Annual Report GF Form 20-F,
body “Directors, Senior Management and Employees”, pages 60–61;
https://gf.com/about-us/board-directors/

102-26 Role of highest governance Governance (page 14) 2021 GF Annual Report GF Form 20-F, “Directors, Senior
body in setting purpose, values, Management and Employees”, pages 67-69, “Code of Ethics”,
and strategy page 85

Corporate Responsibility Report 2022: GRI Index 84


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

102-30 Effectiveness of risk Governance (pages 17, 21) 2021 GF Annual Report GF Form 20-F, “Directors, Senior
management processes Management and Employees”, pages 67–68;
Corporate Governance Framework

102-31 Review of economic, Governance (pages 17, 19) 2021 GF Annual Report GF Form 20-F, “Directors, Senior
environmental, and social Management and Employees”, pages 67–68
topics

102-40 List of stakeholder groups GF stakeholders and CSR


priorities (pages 10–12)

102-41 Collective bargaining Governance (page 19) No collective bargaining agreements


agreements were in place in 2021 at GF sites.

13 GRI 102: General


102-42

102-43
Identifying and selecting
stakeholders

Approach to stakeholder
GF stakeholders and CSR
priorities (page 10)

GF stakeholders and CSR


Disclosures 2016 engagement priorities (pages 10–12)

102-44 Key topics and concerns raised GF stakeholders and CSR


priorities (pages 10–12)

102-45 Entities included in the — 2021 GF Annual Report GF Form 20-F, "Information on the
consolidated financial Company", page 38; “Financial Statements”, pages F-45 - F46
statements

102-46 Defining report content and GF stakeholders and CSR


topic Boundaries priorities (page 13)

102-47 List of material topics GF stakeholders and CSR


priorities (page 13)

Corporate Responsibility Report 2022: GRI Index 85


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

102-48 Restatements of information — Restatement of a data point of the


GF 2021 CSR Report SASB Index:
TC-SC-130a.1 Energy Management
in Manufacturing
Restatement for 2020 values: (the
2020 value included only the amount
of electricity use and not the amount
of total energy used)
(1) Total energy consumed:
15,108,280 GJ
(2) Percentage grid electricity: 62.6%

13
(3) Percentage renewable 0.1%

102-49 Changes in reporting GF stakeholders and CSR


priorities (page 13)

102-50 Reporting period About this report (page 74)


GRI 102: General
Disclosures 2016
102-51 Date of most recent report About this report (page 74)

102-52 Reporting cycle About this report (page 74)

102-53 Contact point for questions About this report (page 74)
regarding the report

102-54 Claims of reporting in About this report (page 74)


accordance with the GRI
Standards

102-55 GRI content index GRI content index This report has been prepared
(pages 82–93) in accordance with the Global
Reporting Initiative (GRI) Standards:
Core option.

102-56 External assurance — — GF currently does not seek


independent assurance of non-
financial data.

Corporate Responsibility Report 2022: GRI Index 86


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

Management Approach

103-1 Explanation of the material GF stakeholders and CSR


topic and its Boundary priorities (page 13)

103-2 The management approach — — Covered in topic related report


GRI 103: and its components sections.
Management
Approach 2016

13
103-3 Evaluation of the management — — Covered in topic related report
approach sections.

Material Topics

Economic

201-1 Direct economic value Company profile (page 4) GF Q4 2021 Earnings Presentation, page 5
generated and distributed
GRI 201:
Economic
201-2 Financial implications and other Sustainable manufacturing 2021 GF Annual Report GF Form 20-F, “Key Information”,
Performance 2016
risks and opportunities due to (pages 51–52) D “Risk Factors Summary”, pages 16, 22
climate change TCFD Table (pages 98–100)

203-1 Infrastructure investments and Community support and


services supported engagement (pages 44–47);
GRI 203: Indirect
Site profiles (pages 75–81)
Economic
Impacts 2016
203-2 Significant indirect economic Site profiles (pages 75–81)
impacts

Corporate Responsibility Report 2022: GRI Index 87


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

Governance and Ethical Business

205-1 Operations assessed for risks — In 2021, the company’s Ethics &
related to corruption Compliance team conducted an
enterprise risk assessment. The
company also monitors its reporting
mechanisms available to internal
and external parties for corruption
related matters. No significant
GRI 205: Anti- risks related to corruption were
corruption 2016 identified.

205-2 Communication and training Governance (page 16)

13
about anti-corruption policies
and procedures

GRI 206: Anti- 206-1 Legal actions for anti- — None


competitive competitive behavior, anti-
Behavior 2016 trust, and monopoly practices

Environmental

Energy

302-1 Energy consumption within the Sustainable manufacturing


organization (page 57)

302-3 Energy intensity Sustainable manufacturing


(page 57)
GRI 302:
Energy 2016 302-4 Reduction of energy Sustainable manufacturing
consumption (pages 49–50, 56)

302-5 Reductions in energy Technology solutions for


requirements of products and humanity (pages 28–32)
services

Corporate Responsibility Report 2022: GRI Index 88


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

Water

303-1 Interactions with water as a Sustainable manufacturing


shared resource (pages 58–59)

303-2 Management of water Sustainable manufacturing


discharge-related impacts (pages 60–61)

GRI 303: Water 303-3 Water withdrawal Sustainable manufacturing


and Effluents (page 60)
2018
303-4 Water discharge Sustainable manufacturing

13
(page 61)

303-5 Water Consumption Sustainable manufacturing


(page 61)

Climate Change, GHG Emissions

305-1 Direct (Scope 1) GHG Sustainable manufacturing


emissions (pages 53–55)

305-2 Energy indirect (Scope 2) GHG Sustainable manufacturing


emissions (pages 53–55)
GRI 305:
Emissions 2016 305-3 Other indirect (Scope 3) GHG Sustainable manufacturing
emissions (page 55)

305-4 GHG emissions intensity Sustainable manufacturing


(page 53)

305-5 Reduction of GHG emissions Sustainable manufacturing


(pages 49–50, 54–55)

Corporate Responsibility Report 2022: GRI Index 89


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

305-6 Emissions of ozone-depleting — GF does not use ODS in and


substances (ODS) does not release ODS from its
manufacturing processes. Some
GF fabs use a Montreal Protocol
Annex C substance as a refrigerant in
closed chillers in conformance with
applicable laws and regulations.

305-7 Nitrogen oxides (NOX), sulfur Sustainable manufacturing Our 2021 fabs’ combined corrosive
oxides (SOX), and other (page 66) emissions were approximately
significant air emissions 75,000 kg (this value is based on air
emission measurements conducted
annually at each fab).

13
Our 2021 fabs’ combined VOC
emissions were approximately
74,000 kg (this value is based on air
emission measurements conducted
annually at each fab).

Waste

306-1 Waste generation and Sustainable manufacturing


significant waste-related (page 62)
impacts

306-2 Management of significant Sustainable manufacturing


waste-related impacts (page 62)
GRI 306:
306-3 Waste generated Sustainable manufacturing
Waste 2020
(page 63)

306-4 Waste diverted from disposal Sustainable manufacturing


(pages 64–65)

306-5 Waste directed to disposal Sustainable manufacturing


(pages 64–65)

GRI: 307: 307-1 Non-compliance with Sustainable manufacturing


Environmental environmental laws and (page 66)
Compliance 2016 regulations

Corporate Responsibility Report 2022: GRI Index 90


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

308-1 New suppliers that were Sustainable manufacturing


screened using environmental (page 49); Responsible sourcing
GRI 308: Supplier criteria (page 67)
Environmental
Assessment 2016 308-2 Negative environmental Responsible sourcing
impacts in the supply chain and (pages 69–71)
actions taken

Social /
Employment

GRI 401: 401-2 Benefits provided to full- Human capital - diversity,

13
Employment 2016 time employees that are not equity & inclusion and talent
provided to temporary or part- development (pages 42–43)
time employees

403-1 Occupational health and safety Employee health & safety and
management system well-being (page 23)

403-2 Hazard identification, risk Employee health & safety and


assessment, and incident well-being (page 24)
investigation

GRI 403:
403-3 Occupational health services Employee health & safety and
Occupational
well-being (page 26)
Health and
Safety 2018
403-4 Worker participation, Employee health & safety and
consultation, and well-being (pages 23–24)
communication on
occupational health and safety

403-5 Worker training on Employee health & safety and


occupational health and safety well-being (pages 23–24)

Corporate Responsibility Report 2022: GRI Index 91


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

403-6 Promotion of worker health Employee health & safety and


well-being (page 26)

403-7 Prevention and mitigation of — — Omission reason: Not applicable


occupational health and safety – GF has full control over both the
impacts directly linked by work and workplace at GF fabs.
business relationships

403-8 Workers covered by an Employee health & safety and


occupational health and safety well-being (pages 23–24)
management system
GRI 403:

13
Occupational 403-9 Work-related injuries Employee health & safety and GF does not report data for b.iii.
Health and well-being (pages 24–25) and b.v. because we do not have full
Safety 2018 access to data on hours worked by
employees of supplier companies
who perform work at GF premises.

403-10 Work-related ill health — — During 2021 there were no cases and
no fatalities of work-related ill health
or fatalities affecting GF employees
or contractor employees performing
work at GF fab sites.
Please also note: GF does not have
full access to data on hours worked
by employees of supplier companies
who perform work at GF premises.

404-1 Average hours of training per Human capital – diversity,


year per employee equity & inclusion and talent
development (page 39)

404-2 Programs for upgrading Human capital – diversity,


GRI 404:
employee skills and transition equity & inclusion and talent
Training and
assistance programs development (pages 41–42)
Education 2016

404-3 Percentage of employees Human capital – diversity,


receiving regular performance equity & inclusion and talent
and career development development (pages 41–42)
reviews

Corporate Responsibility Report 2022: GRI Index 92


2022 Global Reporting Initiative (GRI) index
GRI standard
disclosure 2022 CSR Report section GF 2021 CSR Report: Explanatory
GRI standard number GRI disclosure title and Report page number Additional reference comment / Direct information

GRI 405: Diversity 405-1 Diversity of governance bodies Human capital – diversity, 2021 GF Annual Report GF Form 20-F, “Directors, Senior Employee age group information is
and Equal and employees equity & inclusion and talent Management and Employees”, page 60 not disclosed.
Opportunity 2016 development (pages 36–37) GF considers age data for
employees attorney-client privileged
information.

GRI 407: Freedom 407-1 Operations and suppliers in Governance (page 19);
of Association which the right to freedom Responsible sourcing
and Collective of association and collective (pages 70–71)
Bargaining 2016 bargaining may be at risk

GRI 408: Child 408-1 Operations and suppliers at Governance (page 19);
Labor 2016 significant risk for incidents of Responsible sourcing

13
child labor (pages 70–71)

GRI 409: Forced 409-1 Operations and suppliers at Governance (page 19);
or Compulsory significant risk for incidents of Responsible sourcing
Labor 2016 forced or compulsory labor (pages 70–71)

GRI 412: 412-1 Operations that have been Governance (page 20)
Human Rights subject to human rights reviews
Assessment 2016 or impact assessments

GRI 412: 412-2 Employee training on human Governance (page 16)


Human Rights rights policies or procedures
Assessment 2016

GRI 413: Local 413-1 Operations with local Community support and
Communities community engagement, engagement (pages 44–47);
2016 impact assessments, and Site profiles (pages 75–81)
development programs

GRI 414: 414-1 New suppliers that were Responsible sourcing


Supplier Social screened using social criteria (pages 67–68)
Assessment 2016

GRI 414: 414-2 Negative social impacts in the Responsible sourcing


Supplier Social supply chain and actions taken (pages 69–71)
Assessment 2016

GRI 419: 419-1 Non-compliance with laws and — — In 2021, GlobalFoundries was not
Socioeconomic regulations in the social and assessed any significant fines or non-
Compliance 2016 economic area monetary sanctions.

Corporate Responsibility Report 2022: GRI Index 93


14 2022
Sustainability
Accounting
Standards
Board (SASB)
index

Corporate Responsibility Report 2022 94


2022 Sustainability Accounting Standards Board (SASB) index
Topic Accounting metric Category Unit of measure Code GF disclosure

Greenhouse Gas (1) Gross global Scope 1 Quantitative MTCO2e TC-SC-110a.1 (1) 2021 Scope 1 GHG emissions: 1,715,613 MTCO2e (equals: 467,894 MTCE, see
Emissions emissions and (2) amount Figure 3 in section 09 Sustainable manufacturing)
of total emissions from
(2) 2021 Scope 1 perfluorinated compounds emissions: 1,249,306 MTCO2e (equals:
perfluorinated compounds
340,720 MTCE). Perfluorinated compounds emissions provided here include PFCs
(perfluorocarbons) such as CF4, C2F6, C3F8, C4F8, as well as NF3 and SF6, but not HFCs
(hydrofluorocarbons), such as CH2F2 and CHF3.

Discussion of long-term and Discussion and n/a TC-SC-110a.2 We disclose our GHG emissions over time as well as short and long term strategy in
short-term strategy or plan analysis section 09 Sustainable manufacturing of the report and in the TCFD Table.
to manage Scope 1 emissions,
Short term targets (2019–2021) for combined Scope 1 and Scope 2 GHG emissions were:
emissions reduction targets,
and an analysis of performance • Achieve savings in annual GHG emissions of 11,900 metric tons carbon equivalent
against those targets (MTCE);

14
• 18 percent reduction of normalized greenhouse gas emissions
At YE 2021, GF had substantially exceeded (by almost five times) the original amount of
our target to save annual GHG emissions of 11,900 MTCE by implementing projects that
save more than 56,300 MTCE annually, with the vast majority (more than 49,000 MTCE)
being Scope 1 GHG emissions.
Normalized Scope 1 & Scope 2 emissions decreased 19 percent from 2018 to 2021 —
achieving our normalized GHG reduction goal.
Long-term strategy: In August 2021 GF announced our "Journey to Zero Carbon"
Initiative, which builds on our long history of proactive investment in Greenhouse Gas
(GHG) emissions reduction. We are setting a goal to reduce absolute GHG emissions
by 25% from 2020 to 2030 by enhancing manufacturing (emission) controls, further
improving energy efficiency, and sourcing renewable and lower-carbon energy - even as
we significantly expand our global manufacturing capacity.

Energy Man- (1) Total energy consumed, (2) Quantitative Gigajoules (GJ), TC-SC-130a.1 (1) 15,301,627 GJ
agement in percentage grid electricity, (3) Percentage (%)
(2) 62.5%
Manufacturing percentage renewable
(3) 0.1% (self generated solar electricity)

Water Management (1) Total water withdrawn, Quantitative Thousand cubic meters TC-SC-140a.1 (1) 26,798 Thousand m³
(2) total water consumed, (m³), Percentage (%)
(2) 3249 Thousand m³
percentage of each in regions
with High or Extremely High Zero percent of GF water withdrawal or consumption is in regions with high or extremely
Baseline Water Stress high baseline water stress per the World Resources Institute’s (WRI) “Aqueduct Water
Risk Atlas”

Corporate Responsibility Report 2022: SASB Index 95


2022 Sustainability Accounting Standards Board (SASB) index
Topic Accounting metric Category Unit of measure Code GF disclosure

Waste Management (1) Amount of hazardous Quantitative Metric tons (t), TC-SC-150a.1 (1) 53,457.74 Tons (In combination with hazardous waste per applicable legal definitions,
waste from manufacturing, (2) Percentage (%) we also include the category “byproducts beneficially recycled and reused” in this total.
percentage recycled This category is only applicable to our U.S. sites because reclaimed material is excluded
from the U.S. EPA definition of hazardous waste.);
(2) 51 % (the rate combines the categories “recycled /reused” with “byproducts
beneficially recycled and reused")

Employee Health Description of efforts to assess, Discussion and n/a TC-SC-320a.1 We disclose our management approach to employee safety and health in this report's
& Safety monitor, and reduce exposure analysis section "Health, safety and well-being", including our enterprise certification to
of employees to human health ISO 45001.
hazards

Total amount of monetary losses Quantitative Reporting currency TC-SC-320a.2 None (0 USD)

14
as a result of legal proceedings
associated with employee health
and safety violations

Recruiting & Percentage of employees that Quantitative Percentage (%) TC-SC-330a.1 (1) GF is proud to employ a highly diverse, multicultural workforce across our global
Managing a Global are (1) foreign nationals and (2) locations with more than 92 nationalities across 13 countries. GF does not disclose the
& Skilled Workforce located offshore number of employees that are foreign nationals.
(2) GF discloses our workforce composition by region in Table 02 in report section 07
Human capital - diversity, equity & inclusion and talent development.

Product Lifecycle Percentage of products by Quantitative Percentage (%) TC-SC-410a.1 We disclose our management approach to product stewardship, including product
Management revenue that contain IEC 62474 material content compliance, in section 09 Sustainable manufacturing. We do not disclose
declarable substances percentage of products by revenue that contain IEC 62474 declarable substances.
ALL GF manufactured finished die pattened wafers comply with applicable regulatory
requirements, including the EU Directive on the Restriction of Hazardous Substances
in Electrical and Electronic Equipment (RoHS Directive), its sister directives in other
jurisdictions, such as China RoHS, and other legislation that regulates substances
contained in products (also called “articles”), the EU Regulation on Registration,
Evaluation, Authorisation and Restriction of Chemicals (REACH) as well as Toxic
Substances Control Act (TSCA) provisions on the presence of designated substances in
articles.

Processor energy efficiency at a Quantitative Various, by product TC-SC-410a.2 We disclose our general management approach to product energy efficiency in report
system-level for: (1) servers, (2) category section 06 Technology solutions for humanity.
desktops, and (3) laptops6

Corporate Responsibility Report 2022: SASB Index 96


2022 Sustainability Accounting Standards Board (SASB) index
Topic Accounting metric Category Unit of measure Code GF disclosure

Materials Sourcing Description of the management Discussion and n/a TC-SC-440a.1 GF’s approach to responsible sourcing of certain conflict minerals is described in section
of risks associated with the use analysis 10 Responsible sourcing, subsection Responsible minerals sourcing. These include gold,
of critical materials tungsten, tantalum, tin and cobalt.
Securing and protecting the ongoing supply of strategic and critical materials and minerals
(including the subset of the "Rare Earth" elements that are important to our industry)
ensures continuity in our manufacturing operations and most importantly, delivery to
our clients. As such, GF's Global Supply Management organization has implemented a
rigorous Business Continuity Planning (BCP) process that considers multiple factors of
risk with corresponding proactive mitigation plans and actions.
This BCP process is global in scope and is reviewed on a regular basis to maintain a
constant state of readiness. Proactive measures are undertaken to ensure the protection
of our supply both in the short and long term. Our global footprint, with fabs on three
continents, helps us to diversify our supply chain and gives us the flexibility to cross-
qualify our fabs as well as leverage alternative sources for key supplies. We are not totally

14
immune to global shortages, but our footprint provides us with more insulation.

Intellectual Total amount of monetary losses Quantitative Reporting currency TC-SC-520a.1 None (0 USD)
Property Protection as a result of legal proceedings
& Competitive associated with anticompetitive
Behavior behavior regulations

Corporate Responsibility Report 2022: SASB Index 97


15 2022 Task
Force on
Climate-
related
Financial
Disclosures
(TCFD) index
Corporate Responsibility Report 2022 98
2022 Task Force on Climate-related Financial Disclosures (TCFD) index
Disclosure area TCFD recommended disclosure GF metric or qualitative disclosure Disclosure location

Governance Disclose the organization’s governance around Oversight of Environment, Social and Governance (ESG) matters, including Governance (pages 17,19)
climate-related risks and disclosures. climate, is within the charter of the Audit, Risk and Compliance Committee
GF 2021 Annual Report on Form 20-F, page 71
(ARCC) of our Board of Directors. The full Board also receives regular updates
on our climate change initiatives, including progress towards meeting goals
established through our Journey to Zero Carbon initiative.
ESG and climate matters are overseen by our Stewardship Committee,
which includes Manufacturing Operations, Finance, Legal, Global Supply
Management, and Technology, Engineering and Quality. Our CEO receives
regular ESG updates and approves major initiatives.

15
Strategy Disclosure of the actual and potential impacts of We recognize the critical global environmental challenges, specifically climate GF 2021 Annual Report on Form 20-F, see the Risk
climate-related risks and opportunities on the change, impacting the environment, human society, and the worldwide Factors section, specifically pages 16, 22
organization’s businesses, strategy, and financial economy. As an important step to align with climate science and minimize
We also describe our climate-related risks and
planning where such information is material. longer term exposure to climate change, in August 2021 we announced
opportunities in Sustainable manufacturing, pages
our Journey to Zero Carbon Initiative, building on GHG emission reduction
51–52; and Technology solutions for humanity,
strategies to conserve energy, implement additional emission controls and
pages 28–32. Additional detail will be provided in
develop renewable and lower-carbon energy sources. We set a goal to reduce
the 2022 CDP Climate survey.
absolute Scope 1 and Scope 2 GHG emissions by 25% from 2020 to 2030 - even
as we significantly expand our global manufacturing capacity.  
In early 2022, we conducted a TFCD-aligned climate risk assessment and
a qualitative scenario analysis that utilized selected low and high emissions
scenarios. While climate modeling is complex and different outcomes are
possible, based on this qualitative scenario analysis, we do not expect any of
the evaluated risks to present material impacts in the short-term (1-2 years)
to mid-term (3-5 years). Our manufacturing sites are located in generally
low-risk geographies for natural hazards, and the scenario analysis did not
indicate a significant risk to our operations from extreme weather events well
into the middle of the century. We are evaluating additional steps to refine
the qualitative analysis, including potential future application of quantitative
scenario analysis.

Corporate Responsibility Report 2022: TCFD Index 99


2022 Task Force on Climate-related Financial Disclosures (TCFD) index
Disclosure area TCFD recommended disclosure GF metric or qualitative disclosure Disclosure location

Risk management Disclose how the organization identifies, GF’s approach to risk management and our risk factors are described in Governance see “Risk management and
assesses, and manages climate-related risks. our Annual Report on Form 20-F. Please see additional information on risk business continuity” page 21; and Sustainable
management and our efforts to reduce our climate change impacts, included manufacturing, pages 51–52
in this Corporate Responsibility Report, primarily in Chapter 4 (Governance)
GF 2021 Annual Report on Form 20-F – See “Key
and Chapter 9 (Sustainable manufacturing, see subsections: GHG emissions –
Information”, section D “Risk Factors Summary”
climate risk mitigation, Energy and Water).
beginning on page 3
Potential risks associated with climate change are evaluated as part of
our overall risk management process. Our TFCD-aligned climate risk
assessment and qualitative scenario analysis utilized selected low and high
emissions scenarios. The transitional risks included pricing of GHG emissions
through carbon taxes and fees, and costs for lower emissions technology in
manufacturing operations. The physical risks included increased severity of
extreme weather with the potential to impact GF manufacturing operations in
Germany, Singapore and the Northeast region of the U.S., or our suppliers, and

15
rising mean temperatures.

Metrics and targets Disclosure of the metrics and targets used to Our Scope 1, 2, and 3 emissions data and our climate-related metrics, goals and Technology solutions for humanity, pages 28–32;
assess and manage relevant climate-related risks targets, are included in this annual Corporate Responsibility Report. We also and Sustainable manufacturing, pages 49–55
and opportunities where such information is plan to participate in the 2022 CDP Climate Survey.
material.
Our GHG goal from 2018-2021 was to achieve savings in annual emissions of
11,900 metric tons carbon equivalent (MTCE), while also achieving an 18%
reduction of normalized greenhouse gas emissions. Our results achieved savings
of 56,300 MTCE and a 19% normalized reduction.
Our electricity goal from 2018-2021 was to achieve savings in annual electricity
use of 86 gigawatt hours (GWh) with a 15% reduction of normalized electricity
consumption. We achieved 86.2 GWh savings with a 23% normalized reduction.
GF provides manufacturing services for many “fab-less” or “fab-light” customers.
Our Scope 1 and 2 emissions can be considered Scope 3 emissions for our
customers. GF calculates customer-specific emissions based on the relevant
manufacturing locations, technologies and production volumes.

Corporate Responsibility Report 2022: TCFD Index 100

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