In the process of developing our 2024 report, we identified the Environmental, Social, and Governance (ESG) issues most relevant to our business by analyzing leading ESG reporting frameworks, third-party rating agency criteria, peer company practices, and input from key stakeholders.
Highlights from the 2024 ESG Report include:
- Assigning formal responsibility for ESG matters to the Nominating and Corporate Governance Committee of the Board of Directors
- Establishing a Culture Committee comprised of employees from various functions, departments, and locations that is focused on promoting inclusivity, volunteerism, and career development across the organization
- Investing in R&D efforts focused on designing products that minimize size, weight, and power consumption while improving overall efficiency of our devices
- Implementing to ISO-aligned quality management procedures and a Human Rights policy covering our supply chain
“Our focus on our diverse range of end markets means that we have a commitment to a diverse range of stakeholders, including customers, investors, employees, suppliers, and members of our community at large,” said Kevin J. Knopp, CEO and Co-founder. “I am pleased to build upon this commitment with the release of our inaugural ESG Report. This report is intended to communicate our progress on a range of sustainability and social responsibility issues to all our stakeholders.”