Coherent Corp. Achieves 78% Renewable Energy Usage in Latest ESG Report, Joins RBA Alliance
January 2, 2025
Rhea-AI Impact
Rhea-AI Sentiment
Rhea-AI Summary
Coherent Corp. (NYSE: COHR) has released its Environmental, Social, and Governance (ESG) Report for FY2024, highlighting significant sustainability achievements. The company now sources 78% of its global electricity needs from renewable sources, utilizing over 550 million kWh of renewable electricity annually, which resulted in avoiding 234,000 metric tons of CO2e emissions in FY2024.
Key accomplishments include receiving the Sapphire level Certification Champion recognition from the Board of Safety Professionals for employee safety commitment, and joining the Responsible Business Alliance (RBA) in 2024, demonstrating dedication to responsible business conduct in global supply chains.
The report provides comprehensive insights into Coherent’s ESG initiatives, covering sustainability performance, employee management, governance practices, risk management, customer commitment, and community engagement. These efforts align with the company’s mission to create a safer, healthier, closer, and more efficient world through breakthrough technologies in materials, networking, and lasers.
Coherent Corp. (NYSE: COHR) ha pubblicato il suo Rapporto Ambientale, Sociale e di Governance (ESG) per l’anno finanziario 2024, evidenziando risultati significativi in materia di sostenibilità. L’azienda ora soddisfa il 78% del suo fabbisogno elettrico globale attraverso fonti rinnovabili, utilizzando oltre 550 milioni di kWh di elettricità rinnovabile all’anno, il che ha portato a evitare 234.000 tonnellate metriche di emissioni di CO2e nell’anno finanziario 2024.
I risultati chiave includono il riconoscimento di Certificazione Champion a livello Sapphire da parte del Board of Safety Professionals per l’impegno nella sicurezza dei dipendenti e l’adesione alla Responsible Business Alliance (RBA) nel 2024, dimostrando la dedizione alla condotta aziendale responsabile nelle catene di approvvigionamento globali.
Il rapporto fornisce informazioni complete sulle iniziative ESG di Coherent, coprendo le prestazioni di sostenibilità, la gestione dei dipendenti, le pratiche di governance, la gestione dei rischi, l’impegno verso i clienti e il coinvolgimento della comunità. Questi sforzi sono allineati con la missione dell’azienda di creare un mondo più sicuro, più sano, più vicino e più efficiente attraverso tecnologie innovative nei materiali, nelle reti e nei laser.
Coherent Corp. (NYSE: COHR) ha publicado su Informe Ambiental, Social y de Gobernanza (ESG) para el año fiscal 2024, destacando logros significativos en sostenibilidad. La compañía ahora obtiene el 78% de sus necesidades eléctricas globales de fuentes renovables, utilizando más de 550 millones de kWh de electricidad renovable anualmente, lo que resultó en la evitación de 234,000 toneladas métricas de emisiones de CO2e en el año fiscal 2024.
Los logros clave incluyen haber recibido el reconocimiento de Certificación Champion en el nivel Sapphire del Board of Safety Professionals por el compromiso con la seguridad de los empleados, y la incorporación a la Responsible Business Alliance (RBA) en 2024, demostrando dedicación a la conducta empresarial responsable en las cadenas de suministro globales.
El informe proporciona información integral sobre las iniciativas ESG de Coherent, abarcando rendimiento en sostenibilidad, gestión de empleados, prácticas de gobernanza, gestión de riesgos, compromiso con los clientes y participación comunitaria. Estos esfuerzos están alineados con la misión de la empresa de crear un mundo más seguro, saludable, cercano y eficiente a través de tecnologías innovadoras en materiales, redes y láseres.
Coherent Corp. (NYSE: COHR)는 FY2024년 환경, 사회 및 거버넌스(ESG) 보고서를 발표하며 중요한 지속 가능성 성과를 강조했습니다. 회사는 현재 전 세계 전력 수요의 78%를 재생 가능 에너지로 충당하고 있으며, 연간 5억5천만 kWh 이상의 재생 가능 전기를 사용하여 FY2024년에 23만4천 톤의 CO2e 배출을 피하는 성과를 달성했습니다.
주요 성과로는 직원 안전에 대한 헌신으로 Safety Professionals Board로부터 Sapphire 레벨 인증 챔피언 인정을 받은 것과 2024년 Responsible Business Alliance(RBA)에 가입한 것이 있으며, 이는 글로벌 공급망에서의 책임 있는 비즈니스 수행에 대한 헌신을 나타냅니다.
보고서는 Coherent의 ESG 이니셔티브에 대한 포괄적인 통찰력을 제공하며, 지속 가능성 성과, 직원 관리, 거버넌스 관행, 위험 관리, 고객 약속 및 지역 사회 참여를 다룹니다. 이러한 노력은 재료, 네트워킹 및 레이저 분야의 혁신적인 기술을 통해 더 안전하고 건강하며 가까워지고 더 효율적인 세상을 만들겠다는 회사의 사명과 일치합니다.
Coherent Corp. (NYSE: COHR) a publié son Rapport Environnemental, Social et de Gouvernance (ESG) pour l’exercice 2024, mettant en lumière des réalisations significatives en matière de durabilité. L’entreprise tire désormais 78 % de ses besoins électriques mondiaux de sources renouvelables, utilisant plus de 550 millions de kWh d’électricité renouvelable par an, ce qui a permis d’éviter l’émission de 234 000 tonnes métriques de CO2e au cours de l’exercice 2024.
Parmi les réalisations clés, on note la certification Champion de niveau Sapphire décernée par le Board of Safety Professionals pour l’engagement en matière de sécurité des employés et l’adhésion à la Responsible Business Alliance (RBA) en 2024, démontrant ainsi un engagement envers une conduite d’affaires responsable dans les chaînes d’approvisionnement mondiales.
Le rapport fournit des informations complètes sur les initiatives ESG de Coherent, couvrant la performance en matière de durabilité, la gestion des employés, les pratiques de gouvernance, la gestion des risques, l’engagement envers les clients et l’implication communautaire. Ces efforts s’alignent avec la mission de l’entreprise de créer un monde plus sûr, plus sain, plus proche et plus efficace grâce à des technologies révolutionnaires dans les matériaux, les réseaux et les lasers.
Coherent Corp. (NYSE: COHR) hat seinen Umwelt-, Sozial- und Governance (ESG)-Bericht für das Geschäftsjahr 2024 veröffentlicht und dabei bedeutende Erfolge im Bereich Nachhaltigkeit hervorgehoben. Das Unternehmen bezieht nun 78% seines globalen Strombedarfs aus erneuerbaren Quellen und nutzt jährlich über 550 Millionen kWh erneuerbare Elektrizität, was zur Vermeidung von 234.000 metrischen Tonnen CO2e-Emissionen im Geschäftsjahr 2024 führte.
Zu den wesentlichen Erfolgen gehört die Auszeichnung mit dem Sapphire-Level Zertifikat Champion durch das Board of Safety Professionals für das Engagement zur Mitarbeitersicherheit sowie der Beitritt zur Responsible Business Alliance (RBA) im Jahr 2024, was das Engagement für eine verantwortungsvolle Unternehmensführung in globalen Lieferketten demonstriert.
Der Bericht bietet umfassende Einblicke in die ESG-Initiativen von Coherent und behandelt die Nachhaltigkeitsleistung, Mitarbeitermanagement, Governance-Praktiken, Risikomanagement, Kundenengagement und die Einbindung der Gemeinschaft. Diese Bemühungen entsprechen der Mission des Unternehmens, eine sicherere, gesündere, engere und effizientere Welt durch bahnbrechende Technologien in den Bereichen Materialien, Vernetzung und Laser zu schaffen.
Positive
Negative
01/02/2025 – 04:30 PM
PITTSBURGH, Jan. 02, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today published its Environmental, Social, and Governance (ESG) Report for FY2024. The report is available on the Coherent website at this link.
Highlights from the ESG Report 2024 include:
- Coherent now obtains 78% of its global electricity needs from renewable sources, representing over 550 million kWh of renewable electricity per year, and thereby avoiding 234,000 metric tons of carbon dioxide equivalent (CO2e) in FY2024.
- Coherent was named a Certification Champion at the Sapphire level by the Board of Safety Professionals in recognition of its commitment to employee safety.
- Coherent became a member in 2024 of the Responsible Business Alliance (RBA), the world’s largest industry coalition dedicated to responsible business conduct in global supply chains.
The ESG Report provides a point-in-time overview of the organization’s ESG initiatives beyond traditional financial disclosures. In the report, Coherent seeks to highlight its sustainability performance, including information about its employee base, its governance practices, its risk management framework, its commitment to its customers, and its dedication to the communities in which it operates. The company’s approach to ESG is essential to its mission of enabling the world to be safer, healthier, closer, and more efficient.
About Coherent
Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at coherent.com.
Media Contact:
Amy Wilson
corporate.communications@coherent.com
What percentage of renewable energy does Coherent (COHR) use in 2024?
Coherent obtains 78% of its global electricity needs from renewable sources, representing over 550 million kWh of renewable electricity per year.
How much CO2 emissions did Coherent (COHR) avoid in FY2024?
Coherent avoided 234,000 metric tons of carbon dioxide equivalent (CO2e) emissions in FY2024 through its renewable energy usage.
What sustainability certification did Coherent (COHR) receive in 2024?
Coherent was named a Certification Champion at the Sapphire level by the Board of Safety Professionals for its commitment to employee safety.
When did Coherent (COHR) join the Responsible Business Alliance?
Coherent became a member of the Responsible Business Alliance (RBA) in 2024.
What areas does Coherent’s (COHR) 2024 ESG report cover?
The ESG report covers sustainability performance, employee base, governance practices, risk management framework, customer commitment, and community engagement initiatives.
COHR Rankings
COHR Latest News
COHR Stock Data
15.47B
152.77M
1.19%
94.7%
3.46%
Scientific & Technical Instruments
Optical Instruments & Lenses
United States of America
SAXONBURG
Search
RECENT PRESS RELEASES
Related Post
