Semtech Advances Commitment to Corporate Citizenship
01 Junio 2021 - 7:02AM
Business Wire
Appoints first-ever Environmental, Social and
Governance officer (ESG) to lead its Sustainability efforts
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high
performance analog and mixed-signal semiconductors and advanced
algorithms, announced it has advanced its efforts on key
Environmental, Social and Governance (ESG) initiatives promoting
corporate citizenship and sustainability, including focusing on
diverse, equity and inclusive recruitment practices as well as
development of its 1,300+ employees. To lead these efforts Semtech
has appointed Charles B. Ammann as its new ESG officer, who will
work closely with the committee of the board of directors having
oversight on ESG matters. Under Mr. Ammann’s leadership, Semtech
will continue to develop and act on strategic goals and key
sustainability initiatives.
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Semtech appoints first-ever
Environmental, Social and Governance officer (ESG) to lead its
Sustainability efforts (Photo: Business Wire)
“We believe it is important to focus on ESG initiatives that are
consistent with our long-standing Company core values. These values
are the cornerstone of our goal-setting efforts that we expect will
drive lasting sustainability achievements for the benefit of our
stakeholders,” said Charles Ammann, Executive Vice President, Chief
Legal Officer and Chief Environmental, Social and Governance (ESG)
Officer at Semtech. “Although there is more work to be done on our
journey to improve on the Company’s sustainability activities for
the long term, we have a solid foundation of ESG initiatives
underway and our technology, epitomized by our flagship LoRa® IoT
solutions, is literally changing the world by enabling greater
resource conservation and efficiency.”
Key initiatives for 2021 include:
- Leadership: Appointment of Semtech’s first ESG officer,
who will work closely with the senior leadership team and the
Company’s Nominating and Governance Committee of the Board having
oversight on the Company's responsibility and sustainability
principles, programs and practices, marks a key milestone in
Semtech’s advancement of its ESG initiatives that are designed to
drive more sustainable long-term results.
- Innovation for a Better World: Expanding on Semtech’s
strong track record of investing in Research and Development
initiatives to create disruptive technology aimed at a smarter,
more connected and sustainable planet. The Company’s integration of
its LoRa® technology into customer platforms that can be used to
promote sustainable farming, combat COVID-19, manage our natural
resources, such as water and gas, facilitate the management of
climate change, including monitoring rising sea levels and managing
global pollution, illustrates the Company’s continuing efforts that
promote sustainable solutions. In addition, Semtech’s quest to
manage radio power using proximity sensing in mobile devices to
enable a healthier environment and to minimize the size, power and
failure of electronics using advanced protection devices are
examples of a long term commitment to creating a smarter and more
sustainable planet.
- Diversity, Equity and Inclusion: With respect to its
interest in improving diversity, 30 percent of the Company’s board
of directors is comprised of women and over 40 percent of the
executive leadership is comprised of individuals from various
ethnic backgrounds. To continue to expand the diversity in its
leadership positions, the Semtech Women’s Leadership Council was
formed to elevate and empower women, advise the Company in its
efforts to identify, attract and retain top female talent for key
engineering, technical and leadership positions, provide a platform
for the exchange of ideas and dialogue for the advancement of the
interests of women, and enhance a work environment that benefits
from the diversity of opinion, backgrounds and cultures.
- Employee Engagement: The Company has launched an
inaugural employee engagement survey to annually solicit feedback
from its employees to measure employee sentiment on various
matters, including employee satisfaction, recognition and the
opportunity for learning and development.
- Professional Development: In addition to the extensive
online learning options currently available, the Company is
planning to further expand its investment in technical and
leadership development programs that will be available to its
employees worldwide.
To learn more about Semtech’s ESG initiatives, please visit the
website.
About Semtech Semtech Corporation is a leading supplier
of high performance analog and mixed-signal semiconductors and
advanced algorithms for infrastructure, high-end consumer and
industrial equipment. Products are designed to benefit the
engineering community as well as the global community. The Company
is dedicated to reducing the impact it, and its products, have on
the environment. Internal green programs seek to reduce waste
through material and manufacturing control, use of green technology
and designing for resource reduction. Publicly traded since 1967,
Semtech is listed on the NASDAQ Global Select Market under the
symbol SMTC. For more information, visit
http://www.semtech.com.
Forward-Looking and Cautionary Statements All statements
contained herein that are not statements of historical fact,
including statements that use the words “will,” “planning to,”
“designed to” or other similar words or expressions, that describe
Semtech Corporation’s or its management’s future plans, objectives
or goals are “forward-looking statements” and are made pursuant to
the Safe-Harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
that could cause the actual results of Semtech Corporation to be
materially different from the historical results and/or from any
future results or outcomes expressed or implied by such
forward-looking statements. Such factors are further addressed in
Semtech Corporation’s annual and quarterly reports, and in other
documents or reports, filed with the Securities and Exchange
Commission (www.sec.gov) including, without limitation, information
under the captions “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” and “Risk Factors.”
Semtech Corporation assumes no obligation to update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release, except
as required by law.
Semtech, the Semtech logo and LoRa are registered trademarks or
service marks of Semtech Corporation or its affiliates.
SMTC-P
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Linh Dinh Semtech Corporation (805) 250-1263
ldinh@semtech.com
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