Environmental, Social, Governance (ESG) Update Report

Overview

The report updates Valens Semiconductor's 2023 ESG initiatives across products, people, environment and governance. It reports 280 tCO2e of Scope 1 emissions, 483 tCO2e of Scope 2 emissions, and 1,904 m3 of water use. The year-end workforce comprised 241 employees and contractors, while the company held 22 employee well-being events and reported over 80% participation in corporate events. Governance disclosures describe a nine-member Board including one woman and oversight by the Nominating, Governance and Sustainability Committee.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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