Cohu Inc 2023 SR
The report highlights Cohu's sustainability progress for 2023, emphasizing its commitment to the Science Based Targets initiative (SBTi) to develop near-term emissions reduction targets. The company increased its renewable energy usage to 32% of total grid electricity and invested $9.1M in a new energy-efficient manufacturing facility in the Philippines. Cohu achieved a Platinum rating from the Responsible Business Alliance (RBA) for its Laguna site and introduced AI-driven inspection software to reduce production scrap. Socially, the company improved diversity in U.S. hiring and maintained a safety record significantly better than the industry benchmark.
Company: Cohu Inc
Sector: Information Technology
Country: United States
Year: 2023
Type: SR
Pages: 61
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Cohu Inc
Sustainability Report
The report highlights Cohu's sustainability progress for 2023, emphasizing its commitment to the Science Based Targets initiative (SBTi) to develop near-term emissions reduction targets. The company increased its renewable energy usage to 32% of total grid electricity and invested $9.1M in a new energy-efficient manufacturing facility in the Philippines. Cohu achieved a Platinum rating from the Responsible Business Alliance (RBA) for its Laguna site and introduced AI-driven inspection software to reduce production scrap. Socially, the company improved diversity in U.S. hiring and maintained a safety record significantly better than the industry benchmark.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 11, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Employees