By Alua Suleimenova, ESG Program Manager, Marvell
The annual United Nations Climate Change Conference COP28 taking place this year in Dubai has brought technology under the sustainability spotlight. In an era of rapid technological advancement, digitalization and proliferation of AI, environmental impacts of technology cannot be overlooked. The semiconductor industry is now at a unique juncture: the global demand for semiconductor products is growing rapidly alongside increasing pressure to reduce greenhouse gas (GHG) emissions.
Reducing emissions from semiconductor product manufacturing remains the most effective and preferred response measure to climate change for many companies. At the same time, addressing upstream climate impacts alone would not represent a comprehensive picture. Semiconductor companies are increasingly embracing sustainable product design and prioritize power reduction both intrinsically in the products themselves and extrinsically - by collaborating with their customers around energy efficiency in the data infrastructure systems in which the semiconductor products are deployed.
By Rebecca O'Neill, Global Head of ESG, Marvell
Marvell is committed to fostering an inclusive, diverse, and engaging workplace to fully leverage the perspectives and contributions of every individual at the company. We strive to create an environment where people feel fulfilled, inspired, and motivated to learn and grow, personally and professionally.
What Inclusion and Diversity Means to Marvell
Inclusion means focusing on respect, acceptance, and the ability to appreciate a culture-add approach where we can all bring our full authentic selves to work, every day.
To us, diversity means valuing differences. We value the unique perspectives and experiences of every employee. It is this uniqueness that every employee brings to the company, which is powerful and provides us with a competitive advantage.
Our Strategy
We have developed a strategy focused on four Inclusion & Diversity business outcomes:
By Rebecca O'Neill, Global Head of ESG, Marvell and Sandy Rodriguez, Sr. Compliance Analyst, Marvell
At Marvell, we are committed to giving back to the communities where we live and work. Our community engagement focuses on three key pillars:
The company will also match employee donations up to $500 per calendar year when an employee makes a donation to a nonprofit aligned with our philanthropic pillars. In addition, we launched a volunteer time off program, offering employees up to three days or 24 hours of paid time off per year to volunteer for causes they care about and support organizations working in our pillar areas. We aim to have at least 20% of our employees participate in our volunteer time off and employee match programs. Both of these endeavors are offered globally.
By Rebecca O'Neill, Global Head of ESG, Marvell
Today is Zero Emissions Day, which was started to raise awareness of the need to address climate change by reducing greenhouse gas emissions.
Here at Marvell, we recognize that climate change represents an unprecedented challenge to our planet, society and economy. That’s why we are enhancing our climate strategy by setting a Science-Based Target (SBT) and putting ourselves on a path to net zero carbon emissions. Our SBT will be aligned with a 1.5°C climate scenario, supporting the goals of the Paris Agreement which is aimed at reducing the worst of climate change.
Our new ESG Report provides a snapshot of our company’s greenhouse gas emissions:
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