Nova (NASDAQ: NVMI), a leading innovator and a key provider of advanced metrology and process control solutions used in semiconductor manufacturing, today announced that it has published the Company’s second Sustainability Insight Report. The Report provides details on the Company’s sustainability strategy, vision, and goals and progress the Company has made since the 2022 Insight Review.
The Report reflects the Nova’s ongoing maturation in embedding principals of sustainability, governance and social responsibility into the operating model of the company, including announcing an updated set of goals that place greater emphasis on our key environmental and social impacts that support business performance. The new report details key achievements the Company has made since the prior report, including achieving 88% renewable energy use and a significant reduction in scope 1 and 2 greenhouse gas (GHG) emissions (from a 2022 baseline). Additional achievements include a 35% internal mobility rate, a professional certification program to better serve customers, and a 148% increase in employee volunteering hours (from a 2022 baseline), a proven index of employee engagement and productivity.
“We believe that our environmental, governance and social priorities play a vital role in our business performance, and our updated goals reflect that belief,” said Gaby Waisman, Nova’s President & CEO. “In 2024, we made significant progress on our plan. We expanded our reach into the advanced packaging market, increased growth of our dimensional metrology solutions, secured record revenues from materials metrology solutions, and achieved record revenue from chemical metrology solutions.”
The review was developed with reference to the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) guidelines, and the United Nations Sustainable Development Goals (SDGs).
Discover the latest trends and insights—explore the Business Insights Journal for up-to-date strategies and industry breakthroughs!
