Strategy B - Business, Strategy and Financial Planning

Impact of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning:

Rambus recognizes that climate change is a serious threat to our people and the planet. The ESG Committee evaluates relevant external/internal trends and provides input to leadership on a regular basis. Stakeholders from key business units such as Operations, Finance, HR and Legal coordinate efforts to establish necessary policies, plans and systems to effectively address climate-related issues. Through integrating sustainability into the business strategy and financial planning processes, Rambus has taken the following initiatives to reduce greenhouse gas (GHG) emissions and manage previously mentioned climate-related risks.

  • Rambus preferentially selects resource efficient buildings (LEED, WELL Certified, etc.) to reduce our energy & water consumption and associated costs. Rambus added on-site power generation at the new headquarters in San Jose, California in 2022 to improve the resiliency of our power supply and reduce cost on utilities. Additionally, Rambus has purchased 100% renewable energy for the electric power we use in our San Jose headquarters and Bangalore, India office since 2021 and our office in France since 2022. We continue to explore options to support renewable energy in the regions where we operate.
  • Rambus has a flexible schedule program that allows employees to work remotely and alter scheduled working hours to both improve employee satisfaction and promote emissions reduction.
  • Rambus has a comprehensive ESG roadmap that sets a clear strategy to improve our ESG performance, with a focus on gaps and opportunities identified through the materiality assessment.

In 2021, Rambus became a member of the Responsible Business Alliance and, as such, follows the RBA Code of Conduct in our worldwide operations. Rambus also has adopted a Vendor Code of Conduct (“Rambus Vendor Code”) based upon the RBA Code of Conduct that applies to all key suppliers. Rambus expects our vendors to comply with the RBA code and with the Rambus Code of Business Conduct and Ethics, as well as all national and local laws and regulations.

  • Rambus preferentially selects resource efficient buildings (LEED, WELL Certified, etc.) to reduce our energy & water consumption and associated costs. Rambus has add on-site power generation at the new headquarters in San Jose, California to improve the resiliency of our power supply and reduce cost on utilities. Additionally, starting 2021 Rambus has been purchasing 100% renewable energy for the electric power we use in the San Jose headquarters and the Bangalore, India office. Our office in France has also moved to 100% renewable electricity starting 2022. We continue to explore options to support renewable energy in the regions where we operate.
  • In 2021, Rambus took steps with global partner 3Degrees to offset all Scope 1 emissions as well as Scope 3 emissions related to Business Travel, Employee Commute and Upstream Leased Electricity.
  • Rambus administers an employee alternative commuting program that improves employee satisfaction and promotes emissions reduction at the same time.
  • Rambus has a comprehensive ESG roadmap that sets a clear strategy to improve our ESG performance, with a focus on gaps and opportunities identified through the materiality assessment.
  • In September 2020, we adopted our first Vendor Code of Conduct, based on the Responsible Business Alliance (“RBA”) Code of Conduct, which is in turn informed by the Universal Declaration of Human Rights. This Code of Conduct establishes standards to ensure that working conditions in the electronics industry and its supply chains are safe, that workers are treated with respect and dignity, and that business operations are environmentally responsible and conducted ethically. Rambus expects our vendors to comply with the RBA code and with the Rambus Code of Business Conduct and Ethics, as well as all national and local laws and regulations.

Rambus conducted a climate scenario analysis in 2024 that included quantative and qualitative impacts. We expect to use the outputs of this exercise to inform our strategy and activities.