Better Health for All

Microchip Technology Inc. provides solutions tailored for medical imaging and smart robotics, facilitating the development of AI-assisted computer vision and real-time robotic systems that can enhance diagnostic capabilities and patient care.

The company offers comprehensive hardware, software, development tools, and design support for medical device designers, covering applications such as implantable devices, medical imaging, and biosignal processing. In 2024, Microchip completed a 3.8 MW floating solar farm at its Thailand facility, which sources 16% of its electricity needs from this renewable source, indirectly supporting public health by reducing pollution. In 2006, Microchip donated 20,000 square feet of warehouse space to PROJECT C.U.R.E., enabling the shipment of medical supplies to over 100 developing countries to improve healthcare access.

Fair Trade & Ethical Sourcing

No specific, quantitative data points were provided in the articles to assess Microchip Technology Inc. against the defined KPIs for Fair Trade & Ethical Sourcing. Information regarding the percentage of fair-trade certified spend, supplier audit frequency, number of forced or child labor incidents, supply chain traceability coverage, remediation speed, ethical clause coverage in contracts, share of spend on high-risk materials, or supplier diversity spend was not explicitly stated. 99.5% of smelters in its supply chain conform to the RMAP.

Policy statements or general commitments are not considered direct evidence of quantitative outcomes for scoring.

Kind to Animals

No evidence was found in the provided article to assess Microchip Technology Inc. against any of the 'Kind to Animals' KPIs. The article focuses on general environmental sustainability initiatives such as greenhouse gas emission reduction, renewable energy use, and responsible supply chain practices, which do not directly address animal welfare, animal testing, animal-derived ingredients, or specific habitat conservation impacts as defined by the rubric. They aim for a 50% reduction in Scope 1 and 2 emissions by 2030 and Net Zero by 2040.

A new 3.8 MW floating solar farm in Thailand covers 16% of local power needs. As a responsible supply chain partner under the Responsible Business Alliance, Microchip enforces environmentally mindful and safe operational standards.

Planet-Friendly Business

Microchip Technology Inc. has set a target to achieve net-zero emissions by 2040

, with a pledge to reduce Scope 1 and 2 emissions by 50% by 2030 . In 2023, the company completed a 3.8 MW floating solar farm , which supplies 16% of its Thailand facility's energy needs . Microchip achieved a 43% reduction in water consumption in 2023 and invested $94.7 million to enhance energy efficiency , resulting in a 22% reduction in power consumption . The company has also set a goal to divert 100% of waste from landfills by 2040 .

Safe & Smart Tech

In August 2024, Microchip Technology experienced a cyberattack by the Play ransomware group, which disrupted manufacturing facilities and business operations

. The company detected suspicious activity on August 17 and disclosed the attack on August 19 , bringing critical IT systems back online within days . The incident resulted in the theft of gigabytes of data , including employee contact information, password hashes, client documents, and financial data , incurring $21.4 million in expenses during Q2 FY25, representing less than 2% of quarterly revenue . User accounts rely on usernames and passwords , with no mention of multi-factor authentication. The company demonstrates a strong commitment to regulatory compliance, adhering to SEC disclosure rules , CCPA, Nevada statutes, and GDPR . It is proactively preparing for the EU Cyber Resilience Act (CRA) and using NIST frameworks for CMMC and U.S. Government supplier requirements . Microchip has a Product Security Incident Response Team (PSIRT) and is committed to establishing a coordinated vulnerability disclosure policy as mandated by the CRA . Microchip is committed to the ethical use and development of AI, requiring opt-in consent for automated decisions for individuals in the EEA, UK, and Switzerland . Its products incorporate robust security features, including hardware cryptographic accelerators, secure key storage, PQC readiness, and encryption technologies to protect data at rest and in transit . The company adopts a "secure-by-design" approach , integrating security measures from the beginning of product development, including secure boot and default secure settings . Employees and third parties are required to complete annual cybersecurity and insider threat awareness training . Users have comprehensive control over their data, including options to update information, opt out of marketing, and exercise CCPA and GDPR rights .