FREMONT,
Calif., March 4, 2024 /PRNewswire/ --
Lam Research Corp. (NASDAQ: LRCX) today announced that it has
received the 2024 World's Most Ethical Companies® recognition from
Ethisphere, a global leader in defining and advancing the standards
of ethical business practices. Lam is the only wafer fabrication
equipment provider on this year's global list.
Ethisphere names semiconductor equipment
leader Lam Research one of the World's Most Ethical Companies® for
second time.
"We are proud to be named one the World's Most Ethical Companies
by Ethisphere for the second consecutive year, a reflection of
Lam's unwavering commitment to business integrity and
transparency," said Pearl Del
Rosario, chief compliance officer at Lam Research. "Our
strong ethics and compliance framework and program underpin our
values-led culture and continuing focus on driving semiconductor
breakthroughs that define the next generation."
The 2024 World's Most Ethical Companies were determined by
Ethisphere based on an assessment of over 240 criteria related to
ethics and compliance; environmental, social, and governance (ESG)
practices; diversity, equity, and inclusion; and initiatives that
support a strong value chain. In 2024, 136 honorees were recognized
across 20 countries.
"It's always inspiring to recognize the World's Most Ethical
Companies®. Through the rigorous review process, we see the
dedication of these organizations to continually improving their
ethics, compliance and governance practices to the benefit of all
stakeholders," said Erica Salmon
Byrne, Ethisphere's Chief Strategy Officer and Executive
Chair. "Companies that elevate best-in-class cultures of ethics and
integrity set a standard for corporate citizenship for their peers
and competitors to follow. Congratulations to Lam Research for
achieving this honor and demonstrating that strong ethics is good
business."
Learn More
For more information about Lam's
award-winning culture and commitment to Ethics and Compliance,
visit www.lamresearch.com.
To view the full list of this year's honorees, visit the World's
Most Ethical Companies website at
https://worldsmostethicalcompanies.com/honorees.
About Lam Research
Lam Research Corporation is a
global supplier of innovative wafer fabrication equipment and
services to the semiconductor industry. Lam's equipment and
services allow customers to build smaller and better performing
devices. In fact, today, nearly every advanced chip is built with
Lam technology. We combine superior systems engineering, technology
leadership, and a strong values-based culture, with an unwavering
commitment to our customers. Lam Research (NASDAQ: LRCX) is a
FORTUNE 500® company headquartered in Fremont, Calif., with operations around the
globe. Learn more at www.lamresearch.com.
About Ethisphere
Ethisphere is the global leader in
defining and advancing the standards of ethical business practices
that strengthen corporate brands, build trust in the marketplace,
deliver business success. Ethisphere has deep expertise in
measuring and defining core ethics standards using data-driven
insights that help companies build strong cultures of ethics and
integrity. Ethisphere honors superior achievement through its
World's Most Ethical Companies® recognition program, provides a
community of industry experts with the Business Ethics Leadership
Alliance (BELA), and showcases trends and best practices in ethics
with Ethisphere Magazine. Ethisphere also advances business
performance through data-driven assessments, guidance, and
benchmarking against its unparalleled data: the Culture Quotient
dataset reflecting the ethical business practices of 3+ million
employees around the world; and the Ethics Quotient dataset,
featuring 240+ data points on the ethics, compliance, social, and
governance practices of the World's Most Ethical Companies. For
more information, visit https://ethisphere.com.
Caution Regarding Forward-Looking Statements
Statements made in this press release that are not of historical
fact are forward-looking statements and are subject to the safe
harbor provisions created by the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements relate to, but
are not limited to, our commitment to business integrity and
transparency; our focus on driving semiconductor breakthroughs that
define the next generation; and our ethics, compliance
and governance programs and practices. Some factors that may affect
these forward-looking statements include: trade regulations, export
controls, trade disputes, and other geopolitical tensions may
inhibit our ability to sell our products; business, political
and/or regulatory conditions in the consumer electronics industry,
the semiconductor industry and the overall economy may deteriorate
or change; the actions of our customers and competitors may be
inconsistent with our expectations; supply chain cost increases and
other inflationary pressures have impacted and are expected to
continue to impact our profitability; supply chain disruptions have
limited and are expected to limit our ability to meet demand for
our products; and natural and human-caused disasters, disease
outbreaks, war, terrorism, political or governmental unrest or
instability, or other events beyond our control may impact our
operations and revenue in affected areas; as well as the other
risks and uncertainties that are described in the documents filed
or furnished by us with the Securities and Exchange Commission,
including specifically the Risk Factors described in our annual
report on Form 10-K for the fiscal year ended June 25, 2023 and our quarterly report on Form
10-Q for the fiscal quarter ended December
24, 2023. These uncertainties and changes could materially
affect the forward-looking statements and cause actual results to
vary from expectations in a material way. The Company undertakes no
obligation to update the information or statements made in this
release.
Lam Research Company Contacts:
Laura Bakken
Media Relations
(510) 572-9021
publicrelations@lamresearch.com
Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com
Ethisphere Media Contact:
Anne
Walker
Media & Communications
Anne.Walker@Ethisphere.com
Source: Lam Research Corporation,
(Nasdaq: LRCX)
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SOURCE Lam Research Corporation