Advanced Micro Devices (AMD) surpassed Q2 sales forecasts, reporting a significant revenue boost. While its data center revenue surged, AMD is also striving for ambitious climate goals and carbon footprint reductions. As the company grows, can its sustainability efforts keep up with its technological advancements and market success?
AMD Beats Q2 Sales Estimates, Data Center Revenue Soars
AMD exceeded analysts’ sales expectations for Q2, with revenue hitting $5.8 billion, a 9% increase from the previous year. Despite net income falling short at $265 million or 16 cents per share, adjusted earnings of 69 cents per share surpassed forecasts.
Data center revenue more than doubled to $2.8 billion, driven by surging demand for AI chips. CEO Lisa Su highlighted growth opportunities from advances in generative AI. AMD projects $6.7 billion in Q3 sales and expects strong revenue growth.
The chipmaker’s shares surged over 7% to $138.44 in after-hours trading following the earnings report.
AMD’s Climate Commitment and Strategies for Net Zero
Advanced Micro Devices has set a robust target to achieve net zero by 2050. This ambitious commitment reflects AMD’s dedication to reducing its carbon footprint and addressing climate change through a multifaceted approach that includes improving energy efficiency, sourcing renewable energy, and investing in supply chain emission management.
Reducing Carbon Emissions
In 2021, AMD established a new science-based target aligned with a 1.5°C scenario: a 50% absolute reduction in greenhouse gas (GHG) emissions from its operations (Scope 1 and 2) by 2030, using 2020 as the base year. This target builds on AMD’s previous successes in reducing its emissions and underscores the company’s commitment to further emissions reductions.
Following the acquisition of Xilinx and Pensando in 2022, AMD recalculated its baseline energy use and GHG emissions to include the combined company’s footprint. The revised 2020 baseline for energy use increased from 123 GWh to 199 GWh, and operating emissions rose from 30,009 to 61,754 metric tons of CO2 equivalent.
Despite this adjustment, AMD achieved a 19% reduction in operating emissions compared to the revised baseline in 2022.

Energy Efficiency and Renewable Energy
Energy efficiency is a cornerstone of AMD’s strategy to slash its carbon footprint. The company has made significant strides in improving the efficiency of its products and operations.
Moreover, AMD has increased its sourcing of renewable energy, with 66 GWh sourced in 2022, accounting for about 32% of its total global energy use, compared to 18% in the revised 2020 baseline. This renewable energy is enough to power approximately 9,275 homes in the U.S. for a year.
At its San Jose campus, AMD has implemented on-site solar generation, including a 1.4 MW solar system with 3,600 panels and a 600 kW rooftop solar installation. This setup includes a 1 MWh battery storage system that stores excess energy for later use and can send surplus energy back to the local power grid.
Environmental Impact and Achievements
Progress Towards Goals
AMD’s environmental goals include a 50% reduction in absolute GHG emissions from operations by 2030 and a 30-fold increase in energy efficiency for processors and accelerators used in AI training and high-performance computing by 2025.
As of mid-2023, AMD is on track for a 13.5-fold improvement in energy efficiency for accelerated compute nodes from the 2020 baseline.
Additionally, AMD aims to have 100% of its direct manufacturing suppliers set public emissions reduction goals by 2025. As of 2022, 70% of these suppliers had such goals. AMD also targets having 80% of its direct manufacturing suppliers source renewable energy by 2025, with 68% already meeting this criterion in 2022.

Operational Efficiency
AMD operates over 90 locations worldwide, including engineering facilities, sales sites, and corporate offices. The company is committed to applying rigorous environmental standards across its operations. AMD’s Global Environmental, Health, and Safety (EHS) Standards align with ISO 14001, a widely recognized standard for environmental management. Notably, AMD’s San Jose and Singapore sites are ISO 14001 certified.
In 2022, AMD implemented approximately 20 energy conservation projects, including equipment upgrades that saved about 1.4 million kWh of electricity. These efforts reflect AMD’s commitment to reducing energy use and GHG emissions across its operations.
Addressing Supply Chain Carbon Emissions
AMD’s supply chain, particularly silicon wafer manufacturing, is a significant source of its GHG emissions. In 2022, direct foundry suppliers reduced their Scope 1 and 2 emissions by about 9% compared to 2020, though absolute emissions increased due to the higher energy demands of more advanced technology nodes.
AMD aims to double the renewable energy use of its primary foundry manufacturing suppliers from 2020 to 2025. The company is also focused on forecasting and mitigating GHG emissions in its supply chain, particularly in Taiwan, where most AMD wafers are manufactured. AMD is actively participating in the SEMI Climate Consortium to promote renewable energy infrastructure in the region.
AMD’s commitment to net zero is backed by a comprehensive strategy that emphasizes energy efficiency, renewable energy, and robust supply chain management. By setting science-based targets, AMD is making significant strides toward reducing its carbon footprint and supporting global climate goals.
The post AMD’s Q2 Revenue Surge: Can Its Climate Strategy Keep Pace with Growth? appeared first on Carbon Credits.
Carbon Footprint
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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