Valens Semiconductor Releases its Environmental, Social and Governance (ESG) 2024 Report

Core Insights - Valens Semiconductor has released its fourth annual Environmental, Social and Governance (ESG) Report, highlighting its commitment to sustainability and progress in key ESG initiatives [1][2]. Group 1: ESG Commitment and Progress - The 2024 ESG Report outlines significant advancements in energy efficiency, reduction of electricity consumption, and a decrease in combined Scope 1 and Scope 2 greenhouse gas emissions [2]. - The company has expanded its electronic waste recycling efforts as part of its ongoing commitment to ESG principles [2]. Group 2: Governance and Stakeholder Engagement - Valens Semiconductor emphasizes ethical and transparent governance while supporting business growth, engaging actively with shareholders, customers, and partners to communicate progress and outlook [3]. - The company aims to promote a healthier environment, employee well-being, and community engagement through its ESG initiatives [3]. Group 3: Company Overview - Valens Semiconductor is recognized as a leader in high-performance connectivity, providing products that enable robust, ultra-high-performance wired connectivity across various markets, including professional audio-video, automotive, industrial machine vision, and medical [1][5]. - The company's chipsets are integrated into numerous devices, enhancing digital experiences globally and setting industry standards such as HDBaseT® and MIPI A-PHY [5].