Valens Semiconductor Ltd 2021 SR
The report marks Valens Semiconductor's inaugural ESG disclosure, highlighting its commitment to connectivity innovation in the automotive and audio-video markets. Key achievements include establishing a Nominating, Governance and Sustainability Committee and setting a target for carbon neutrality across its product portfolio by 2039. The company successfully reduced its per-employee electricity consumption by 11% and water consumption by 26% between 2020 and 2021. Furthermore, Valens played a pivotal role in defining the MIPI A-PHY industry standard for automotive connectivity. The report also emphasizes the company's focus on diversity, with women's representation in executive management increasing to 23%.
Company: Valens Semiconductor Ltd
Sector: Information Information Technology
Country: Israel
Year: 2021
Type: SR
Pages: 54
Valens Semiconductor Ltd
ESG Report
The report marks Valens Semiconductor's inaugural ESG disclosure, highlighting its commitment to connectivity innovation in the automotive and audio-video markets. Key achievements include establishing a Nominating, Governance and Sustainability Committee and setting a target for carbon neutrality across its product portfolio by 2039. The company successfully reduced its per-employee electricity consumption by 11% and water consumption by 26% between 2020 and 2021. Furthermore, Valens played a pivotal role in defining the MIPI A-PHY industry standard for automotive connectivity. The report also emphasizes the company's focus on diversity, with women's representation in executive management increasing to 23%.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2020 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees