Xperi Inc.
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Culture & Belonging
- Community Impact
- Resilience
Environmental Achievements
- Implemented California State HVAC Energy Optimization Program at Calabasas office; replaced lighting with LED alternatives; outfitted new premises with LED lighting; migrated majority of on-premises IT assets to energy-efficient solutions using data center and cloud-service providers with climate net-zero commitments; occupy seven buildings with LEED or BREEAM Certification
Social Achievements
- Established a Diversity and Inclusion (D&I) Council; formalized and strengthened four Employee Resource Groups (ERGs) with various initiatives; invested in recruitment of diverse candidates through events like AnitaB.org Grace Hopper Celebration and HerRising 2021; rolled out Diversity, Inclusion & Belonging Training to 67% of workforce; offered all employees a Headspace subscription; made financial contributions to community-based non-profit organizations; partnered with Kids in Need of Defense (KIND) to provide pro bono legal representation to unaccompanied children; participated in the Human Rights Campaign Foundation’s 2021 Corporate Equality Index
Governance Achievements
- Updated Nominating and Governance Committee Charter to indicate oversight responsibilities; provided quarterly updates on ESG progress to the committee; implemented a Code of Business Conduct and Ethics with reporting mechanisms and non-retaliation policy; all employees participate in data privacy and security awareness training
Climate Goals & Targets
Long-term Goals:
- Reach net-zero emissions by 2050
Medium-term Goals:
- Not disclosed
Short-term Goals:
- All existing employees to complete D&I training by Q2 2022; new hires to complete within 90 days; increase financial contributions by 50% in support of STEAM education and workforce initiatives in 2022; 100% global workforce participation in data privacy training; achieve new levels of cybersecurity compliance by end of 2022; 100% employee participation in enhanced business ethics training programs by end of 2022
Environmental Challenges
- Lack of GHG emission reduction targets and comprehensive ESG disclosures in the initial report; addressing environmental and social issues requiring time and commitment; managing climate-related risks and their impact on business strategy and assets
Mitigation Strategies
- Plan to evolve ESG strategy based on stakeholder feedback; developing strategic plans for each focus area (Culture & Belonging, Community Impact, Resilience); working to understand and address environmental and social risks with flexibility, transparency, and accountability; following key industry frameworks, such as the Taskforce for Climate-Related Financial Disclosures (TCFD) recommendations
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI
Certifications: LEED, BREEAM
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:10828 (2022) and 12800 (2023) MTCO2e
Scope 1 Emissions:245 (2022) and 255 (2023) MTCO2e
Scope 2 Emissions:390 (2022) and 3372 (2023) MTCO2e
Scope 3 Emissions:6681 (2022) and 8824 (2023) MTCO2e
ESG Focus Areas
- Culture and Belonging
- Resilience
- Corporate Governance
- Community Impact
Environmental Achievements
- Reduced global office square footage by 24%, resulting in a nearly 5% reduction in office-related Scope 2 greenhouse gas emissions in 2023 compared to 2022.
Social Achievements
- Launched manager and leadership training programs to further diversity, equity, and inclusion efforts.
- Expanded hiring initiatives to develop and support a diverse workforce.
- Launched a program to encourage courageous conversations.
- Released Modern Slavery Statement and Human Rights Policy.
- Implemented robust data privacy and cybersecurity management procedures.
- Launched community impact program, Xperi Cares, with nearly half of employees donating time or money.
- Achieved a score of 95 out of 100 on the Human Rights Campaign Foundation’s Corporate Equality Index (a 12% increase since 2021).
Governance Achievements
- Formalized ESG governance structure with an ESG Steering Committee and quarterly updates to the Board of Directors.
- Published Modern Slavery Statement and Human Rights Policy.
- Implemented enhanced data privacy and security controls.
- Complied with the Responsible Business Alliance (RBA) Code of Conduct.
- Furthered cybersecurity qualifications, adding sites to TISAX level two certification and upgrading level three certifications.
- Certified under the U.S. Department of Commerce’s Data Privacy Framework.
Climate Goals & Targets
Medium-term Goals:
- Increase employee time in the community to 2,400 hours (cumulative from 2023-2025)
- Contribute at least $450,000 in total monetary value to charitable organizations (cumulative from 2023-2025)
- Introduce sustainability training for employees (2025)
Short-term Goals:
- Provide access to difficult conversation skill building for all employees (2024)
- Increase pipeline of diverse candidates (2024)
- Roll out unconscious bias and microaggressions training to all Xperi managers (2025)
- Achieve a score of 100 on the Human Rights Campaign Foundation’s Corporate Equality Index (2025)
- Increase female representation in upper employment levels (2026)
Environmental Challenges
- Addressing carbon footprint and reducing greenhouse gas emissions.
- Maintaining high ethical standards and ethical behavior in the supply chain.
- Safeguarding the security and privacy of confidential data and complying with evolving data and security standards.
Mitigation Strategies
- Completed 2022 and 2023 greenhouse gas inventories and established a strategy to reduce emissions.
- Developed and implemented internal policies to provide safe, fair, and responsible operations.
- Enhanced cyber and data security framework, implementing resilient management systems and processes.
Supply Chain Management
Responsible Procurement
- Compliance with the Responsible Business Alliance (RBA) Code of Conduct