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Semtech Advances Sustainability Leadership with 2025 CSR Report
Businesswire· 2025-12-11 21:05
Core Insights - Semtech Corporation has released its 2025 Corporate Social Responsibility Report, showcasing progress in environmental, social, and governance initiatives that enhance its competitive position and promote sustainable innovation [1][2] Sustainability Achievements - The company reported $868.8 million in revenue for fiscal 2024, indicating strong financial performance alongside its sustainability initiatives [3] - All suppliers are required to comply with Responsible Business Alliance standards, with over 100 suppliers engaged in conflict minerals due diligence programs [4] - Semtech adheres to strict environmental regulations, including REACH, RoHS, and TSCA [4] Climate Leadership and Goals - The company is preparing to submit science-based targets in 2026, aiming for significant greenhouse gas reductions aligned with 1.5°C pathways and achieving net-zero emissions by 2050 [8] - More than 30% of global IoT LPWAN connections are powered by Semtech's LoRa® technology, contributing to resource conservation across various industries [8] - Semtech has achieved ISO 14001:2015 certification at three key facilities and has implemented energy efficiency improvements across 33 global locations [8] Workforce Development - Employee engagement has increased from 57% to 68% following the launch of the Emerging Leaders Class of 2025 program [8]