Integrated Micro-Electronics Inc 2024 IR
The report outlines Integrated Micro-Electronics, Inc.'s (IMI) financial and sustainability performance for 2024, highlighting a radical organizational transformation to improve efficiency and reduce costs. Key achievements include a 6% reduction in greenhouse gas emissions, 21.7 million safe man-hours, and receiving the 3 Golden Arrow Award for corporate governance. IMI also completed a comprehensive greenhouse gas emissions accounting project in collaboration with South Pole, revising its baseline year to 2021 and establishing near-term and long-term SBTi-aligned reduction targets. Despite a 12% decline in wholly-owned revenues to US$981 million due to market softness, the company optimized its global footprint by closing facilities in Tustin, Chengdu, Singapore, and Japan, while generating US$91.6 million in core operating cash flows.
Company: Integrated Micro-Electronics Inc
Sector: Information Information Technology
Country: Philippines
Year: 2024
Type: IR
Pages: 88
Integrated Micro-Electronics Inc
Integrated Report
The report outlines Integrated Micro-Electronics, Inc.'s (IMI) financial and sustainability performance for 2024, highlighting a radical organizational transformation to improve efficiency and reduce costs. Key achievements include a 6% reduction in greenhouse gas emissions, 21.7 million safe man-hours, and receiving the 3 Golden Arrow Award for corporate governance. IMI also completed a comprehensive greenhouse gas emissions accounting project in collaboration with South Pole, revising its baseline year to 2021 and establishing near-term and long-term SBTi-aligned reduction targets. Despite a 12% decline in wholly-owned revenues to US$981 million due to market softness, the company optimized its global footprint by closing facilities in Tustin, Chengdu, Singapore, and Japan, while generating US$91.6 million in core operating cash flows.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Workplace Fatalities
Net Zero Target
Employees