Company Profiles

Applied Materials

United States

Applied Materials is a global leader in nanomanufacturing technology. Nanotechnology, also known as molecular manufacturing, uses technological innovations and efficiencies in the production of semiconductor chips and other thin material products, such as flat panel displays. While this technology holds great potential, Portfolio 21 views it cautiously, as the potential health and environmental impacts of nanotechnology are largely unknown. We are pleased that Applied Materials is cognizant of these concerns. In addition to using Life Cycle Thinking and requiring Design for Environment training for its engineers, Applied Materials' equipment supports the manufacturing of energy efficient products such as liquid crystal TV and computer displays. The company's most recent business initiative draws upon its expertise in nanotechnology to develop and supply equipment used in the manufacturing of solar cells, which enables production at a lower cost per watt. The company recognizes its climate change impact and has made significant emission reductions. For a U.S. company, the quality of reporting is better than average, however, significant improvements can be made in terms of the clarity and depth of data provided. Portfolio 21 encourages Applied Materials to continue research and monitoring of potential risks associated with nanotechnology.

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 5/31/07 and may not reflect current opinions or subsequent events.