IPC Launches New ESG for Electronics Initiative to Provide Guidance to Industry on ESG Practices and Reporting
IPC today unveiled a new ESG for Electronics Initiative to develop guidance for electronics manufacturers on an industry-specific approach to ESG (environmental, social and governance) practices and reporting and to develop aspirational goals that the industry is working together to achieve.
As part of this initiative, IPC has engaged electronics industry leaders and ESG experts to develop and distribute guidance on key aspects of reporting that demonstrate a commitment to ESG principles. This guidance is intended to help the industry meet ESG goals by providing industry-specific definitions, benchmarks, self-assessments and recommendations.
In developing its guidance, IPC will employ practices similar to its global standards development process/protocol. Members of the ESG for Electronics Steering Group will review initial proposals and existing methodologies, and direct working sub-groups to establish, refine and finalize guidance specifics.
“This initiative truly reaffirms our industry’s commitment to build electronics better,” said John Mitchell, IPC president and CEO. “And to build electronics better, manufacturers must do so with awareness and responsibility to environment, social, and corporate governance factors, fully integrating them into their business core. IPC’s ESG for Electronics initiative will weave together existing and bold, new industry activities to support industry engagement on a range of societal concerns, including circularity and our renewed efforts towards eco-design and raw materials management.”
To view additional information on IPC’s ESG for Electronics Initiative, including an ESG FAQ and call for steering group participation, go to www.ipc.org/esg-electronics.