Micron Technology Inc.
MU.US | Manufacture of electronic components and boards
Micron Technology, Inc. is a global leader in memory and storage solutions. The company designs, manufactures, and sells a wide range of memory and storage products, including DRAM, NAND flash memory, NOR flash memory, and 3D XPoint memory. These products are used in various applications, such as co...Show More
Better Health for All
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Micron demonstrates strong efforts in mitigating health externalities, having reduced scope 1 greenhouse gas emissions by 11% in 2023 compared to its 2020 baseline.
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Water reuse, recycling, and restoration rates increased to 66% from 50% in 2020.
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The company has invested approximately $313 million since 2021 in environmental initiatives, with plans to invest $1 billion by 2028, including a nearly $10 million donation for a reservoir dredging project and investments in river restoration projects.
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For mental health, Micron supports the development of external virtual reality applications for treatments addressing conditions like PTSD and anxiety,
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and offers enhanced internal employee wellness programs, including increased access to free mental health counseling and microcounseling.
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Fair Money & Economic Opportunity
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Micron Technology Inc. is a semiconductor company and does not offer lending, deposit, or consumer credit products. Therefore, KPIs related to these financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (share of loan book), data accessibility for customer finance data, fair lending compliance, wealth building outcomes for customers, financial literacy initiatives for the public, debt burden ratio, geographic inclusion for financial access points, and product simplicity, are not applicable to its core business. While Micron's foundation makes philanthropic investments and supports STEM education, the specific percentage of annual pre-tax profit reinvested in community finance is not provided, leading to the omission of that KPI.
Fair Pay & Worker Respect
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Micron achieved comprehensive global pay equity across all demographics in March 2021.
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By May 2021, all eligible company sites were recognized by Great Place to Work®, with locations in China, Germany, Japan, Italy, Singapore, and Taiwan making the Best Workplace List.
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However, in April 2023, the company agreed to a settlement with the U.S. Department of Justice for an employment discrimination claim, violating the Immigration and Nationality Act by preferring a temporary visa worker over a qualified U.S. citizen.
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This resulted in a civil penalty and $85,000 in back pay, along with requirements to train staff and revise policies.
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In December 2022, Micron announced plans to reduce its workforce by about 10%, impacting 5,000 employees, and suspend bonuses for 2023 due to market conditions.
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In December 2024, community and labor groups raised concerns that Micron's CHIPS Program Office contract lacked transparent, enforceable job quality commitments, and a union urged the company to ensure robust commitments to worker pay and safety.
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The company also states it prohibits child and forced labor and conducts regular audits of its facilities and suppliers.
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Fair Trade & Ethical Sourcing
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In FY23, Micron spent $197 million with diverse-owned suppliers, representing approximately 1.01% of its total costs of goods sold of $19.5 billion.
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Micron's manufacturing sites and on-site suppliers undergo RBA Validated Assessment Program audits biennially.
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For non-conformant smelters, suppliers are required to remove them from the supply chain within 13 weeks (91 days).
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Honest & Fair Business
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Micron paid an $85,000 civil penalty to the Department of Justice in April 2023 to resolve a claim of immigration-related employment discrimination.
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In calendar year 2023, the company received no significant health, safety, or environmental fines greater than $25,000.
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Micron received an S&P Global ESG Score of 53.
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The company maintains multiple channels for reporting concerns, including a 24/7 anonymous compliance helpline operated by a third party and accessible in all commonly used languages.
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Micron has an anti-corruption policy prohibiting bribery and improper payments, which is available and translated for all team members.
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In fiscal year 2023, 99% of team members complied with business conduct and ethics training and certification requirements.
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Micron is also a member of the Responsible Business Alliance, which requires a zero-tolerance policy on corruption.
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Kind to Animals
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Micron Technology Inc.'s business model, focused on memory and storage products, does not inherently involve animal cruelty practices like animal testing or exploitation.
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The company's operations maintain a minimal direct relationship with animal welfare concerns.
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While resource extraction for semiconductor manufacturing and electronic waste management may pose indirect environmental impacts on wildlife habitats
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, no specific conservation initiatives or their measurable impacts are provided.
No War, No Weapons
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Micron Technology's core business focuses on memory and storage products for civilian applications, indicating no revenue from arms or defense activities and no exposure to controversial weapons. The company conducts annual human rights due diligence and war-risk audits, as evidenced by its 2023 Conflict Minerals Report, which outlines efforts for 3TG metals.
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Micron is dedicated to sourcing only from smelters validated by the Responsible Minerals Initiative
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and evaluates over 1,800 suppliers annually for labor and ethics standards.
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Despite these efforts, the 2023 Conflict Minerals Report notes that the origin of some metals remains undetermined, with possible sourcing from conflict zones in the DRC,
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indicating some procurement from conflict regions and that not all materials are certified conflict-free.
Planet-Friendly Business
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Micron Technology reported total Scope 1 and 2 emissions of 6.58 million tCO₂e in FY24.
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The company has not committed to establishing SBTi-approved targets, citing constraints in industry output growth and renewable energy availability.
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Its global share of purchased renewable electricity was 3% in 2023
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, with 100% achieved in Malaysia
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and mainland China (through green electricity certificates)
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, and 18% at U.S. manufacturing sites in FY24.
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The company achieved a 95% waste reuse, recycling, and recovery rate in FY24
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, also reaching zero hazardous waste to landfill.
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In FY24, Micron received one notice of environmental violation and no significant environmental fines.
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The company's strategy considers climate-related scenarios, including a 2°C or lower pathway
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, and it provides an index aligned with the TCFD framework.
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17% of total water withdrawals in FY24 came from areas of high water stress.
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Micron offers assistance programs, including career guidance and résumé writing, for team members transitioning from the business.
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Respect for Cultures & Communities
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Micron has no reported cultural appropriation incidents. The company formed a Community Engagement Committee in Central New York in April 2023, which includes indigenous representation from the Haudenosaunee Environmental Task Force.
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In April 2023, Micron also partnered with the Resilient Cities Network in Penang, Malaysia, to support local traditions and cultural heritage.
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A $250 million fund was established in October 2022 for community engagement, focusing on workforce preparation in Central New York.
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In June 2020, the Micron Foundation donated $1 million to underserved communities affected by COVID-19, including specific relief funds.
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Micron's Diversity, Equality, and Inclusion efforts include Employee Resource Groups involving 47% of its global workforce, fostering inclusion and cultural diversity.
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Safe & Smart Tech
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Micron launched an AI governance initiative in 2023, which includes board-supported ethical oversight.
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The company advocates for transparency in data collection and the elimination of unconscious biases in AI and algorithms, and supports establishing global norms for data flow, security, and AI to protect privacy and promote inclusion.
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There are no documented incidents of unauthorized data use. Micron aligns its cybersecurity framework with NIST-CSF, employing and continuously evaluating firewalls and intrusion prevention systems.
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Its Authenta technology provides strong cryptographic identity and secure element features embedded in flash memory for IoT and industrial edge applications.
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Micron's Human Rights Policy commits to data privacy and requires similar standards from its suppliers.
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The company was recognized by Ethisphere as one of the World’s Most Ethical Companies in March 2022.
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Zero Waste & Sustainable Products
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No evidence available to assess Micron Technology Inc on Zero Waste & Sustainable Products.