Tower Semiconductor Ltd 2023 SR

The report highlights Tower Semiconductor's 2023 sustainability performance, focusing on its 'Power of Tower' theme. Key environmental achievements include a 13% reduction in absolute Scope 1 and 2 GHG emissions compared to 2022 and a 24% increase in renewable energy sourced from the grid. The company achieved a 50% diversion rate for hazardous waste and recycled 856,000 m³ of water annually. Socially, Tower maintained an 11-year average employee tenure and invested over $1.1 million in training. The report also details the company's alignment with GRI and SASB standards and its commitment to achieving net zero by 2050.

Company: Tower Semiconductor Ltd

Sector: Information Information Technology

Country: Israel

Year: 2023

Type: SR

Pages: 74

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Tower Semiconductor Ltd

Tower Semiconductor Ltd 2023 Corporate Sustainability ESG Report

Corporate Sustainability ESG Report

The report highlights Tower Semiconductor's 2023 sustainability performance, focusing on its 'Power of Tower' theme. Key environmental achievements include a 13% reduction in absolute Scope 1 and 2 GHG emissions compared to 2022 and a 24% increase in renewable energy sourced from the grid. The company achieved a 50% diversion rate for hazardous waste and recycled 856,000 m³ of water annually. Socially, Tower maintained an 11-year average employee tenure and invested over $1.1 million in training. The report also details the company's alignment with GRI and SASB standards and its commitment to achieving net zero by 2050.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Jul 1, 2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees