AUSTIN,
Texas, Nov. 25, 2024 /PRNewswire/ -- Silicon
Labs, a leader in secure, intelligent wireless technology, today
announced that they scored in the top 1 percent of companies
in EcoVadis's Environment, Sustainability, and
Governance (ESG) ratings with an overall score of 83 out of
100.
"EcoVadis is a widely recognized assessor of business and supply
chain sustainability and governance best practices," said
Dean Butler, Chief Financial Officer
at Silicon Labs. "By scoring in the 99th percentile,
Silicon Labs demonstrates to our customers, partners, and
communities that we are dedicated to operating with transparent
business practices in all that we do."
Trajectory of Growth and Improvement
Silicon Labs joined the EcoVadis program in 2021, ranking in the
top 35 percent of companies. Since that time, the company has
implemented new sustainability programs and data collection
processes and made significant improvements in public ESG
disclosures. Silicon Labs teams and sustainability consultants came
together in a multiyear effort to improve those scores, and the
results are acknowledged by the improved Ecovadis and other rater
scores in 2024.
EcoVadis measures across four categories: Environment, Labor and
Human Rights, Ethics, and Sustainable Procurement. Silicon Labs
improved their scores across all four categories, and the company
scored highest in the Environment metric, with 90 out of 100. This
score reflects and aligns with Silicon Labs' overall ESG journey,
where the company has taken great strides to advance lower
emissions and energy plans to reduce its overall global carbon
footprint.
Commitment to Transparency in Reporting
Silicon Labs plans to release its annual Corporate
Sustainability Report (CSR) in Spring 2025, providing continued
transparency around its ESG efforts. The report will highlight both
the company's overall ESG initiatives in 2024 and the role of
Silicon Labs' low-energy products in enabling customers to design
more sustainable, energy efficient IoT products.
Download a copy of the company's current Corporate
Sustainability Report.
About Silicon Labs
Silicon Labs is a trailblazer in wireless connectivity for the
Internet of Things. Its integrated hardware and software platform,
intuitive development tools, and unmatched ecosystem support make
Silicon Labs the ideal long-term partner in building advanced
industrial, commercial, and home and life applications. Silicon
Labs leads the industry in high performance, low power, and
security with support for the broadest set of multi-protocol
solutions.
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SOURCE Silicon Labs