Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy Efficiency
• Water Conservation
• Waste Generation
• Greenhouse Gas Emissions Reduction
• Pollution Prevention
• Employment
• Occupational Health and Safety
• Training and Development
• Diversity and Inclusion
• Human Rights
• Local Communities
• Supplier Sustainability
• Compliance and Business Ethics

Environmental Achievements

• Reduced energy consumption (Specific figures not provided in the report)
• Reduced GHG emissions (Specific figures not provided in the report)
• Improved water conservation (Specific figures not provided in the report)
• Reduced waste generation (Specific figures not provided in the report)

Social Achievements

• Employee training and development programs (Specific details and outcomes not provided in the report)
• Diversity and inclusion initiatives (Specific details and outcomes not provided in the report)
• Community engagement programs (Specific details and outcomes not provided in the report)

Governance Achievements

• Implementation of a Code of Business Conduct and Ethics
• Assessment of operations for risks related to corruption (no significant risks identified)

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: GRI Standards: Core Option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Environmental Sustainability
• Social Impact
• Employee Well-being

Environmental Achievements

• 36% reduction in Scope 1+2 GHG emissions since 2015
• 53% of electricity used in 2020 was from renewable sources
• 30% water recycling rate in 2020
• 83% waste diverted from landfill in 2020
• Launch of Ocean and Climate Innovation Accelerator

Social Achievements

• Launch of People of Color and Allies Network (POCAN) Affinity Group
• Global expansion of Elevate, a development program for women
• $4 million donation to WHO’s Solidarity Response Fund
• $500,000 donation to Massachusetts General Hospital’s Vaccine & Immunotherapy Center
• Emergency Coronavirus Paid Time Off (ECPTO) program

Governance Achievements

• Adoption of new clawback policy for all executive officers
• Revised Board practices for risk oversight to include cybersecurity and ESG
• Enhanced shareholder engagement process

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on operations and employees
• Climate change and its potential impacts on operations
• Supply chain disruptions

Mitigation Strategies

• Transitioned employees to remote work
• Implemented enhanced safety protocols
• Developed business continuity plans and alternative sourcing arrangements
• Prioritized production of healthcare solutions

Supply Chain Management

Responsible Procurement

• RBA Code of Conduct
• Agreement on Responsible Business Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising temperatures

Transition Risks

• Changing customer demands

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Cameron-Cole, LLC (GHG emissions)

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 3 (Good Health and Well-being)
• Goal 11 (Sustainable Cities and Communities)
• Goal 5 (Gender Equality)
• Goal 10 (Reduced Inequalities)

Various initiatives throughout the report align with these SDGs.

Sustainable Products & Innovation

• Intelligent Battery Sensing technology

Awards & Recognition

• Newsweek’s America’s Most Responsible Companies 2021
• Forbes World’s Best Employers 2020
• The Boston Globe’s Top Places to Work 2017–2020

Environmental Metrics

ESG Focus Areas

• Climate and Energy
• Water
• Waste
• Biodiversity
• Diversity, Equity, and Inclusion
• Workforce Data
• Health and Safety
• Supply Chain
• Business Ethics
• Human Rights
• Public Policy
• Sustainable Financing

Environmental Achievements

• Reduced Scope 1 and 2 emissions by 7.2% compared to 2019 baseline; 37% reduction in emissions intensity.
• 90% of waste diverted from landfills.
• 25% of water recycled.

Social Achievements

• 25% of people managers globally were female.
• 7% of US employees identified as Black, Hispanic, or Latinx.
• Analog Devices Foundation supported more than 900 community organizations.

Governance Achievements

• Established aggressive ESG goals for the company and its value chain.
• 31% of directors are female, 23% are ethnically diverse.
• Enhanced the responsibilities of the Presiding Director.

Climate Goals & Targets

Environmental Challenges

• Slow post-pandemic recovery.
• Climate threats.
• Geo-political friction.
• Data availability and quality challenges in ESG reporting.
• Supply chain disruptions.

Mitigation Strategies

• Resilient hybrid manufacturing strategy.
• Expanding fabrication plant capacity in the U.S. and Europe.
• Expanding test facilities in Malaysia and Thailand.
• Cross-qualifying test processes with external partners.
• Climate scenario planning (planned for 2023).

Supply Chain Management

Supplier Audits: RBA Validated Audit Program (VAP) audits conducted; SAQs completed annually.

Responsible Procurement

• Code of Corporate Social Responsibility for suppliers
• Supplier Ethics Agreement
• RBA Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Natural disasters

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Renewable energy solutions

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001 (9/9 sites), ISO 45001 (6/9 sites)

Third-party Assurance: Third-party assurance provider mentioned, but not specified.

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 13: Climate Action

ADI's technologies and initiatives contribute to these goals through various applications and programs.

Sustainable Products & Innovation

• Battery management systems (BMS)
• Smart grid management solutions
• Wireless connectivity technology

Awards & Recognition

• Forbes’ 2022 World’s Top Female Friendly Companies
• Investor Business Daily 100 Best ESG Companies of 2022
• JUST Capital’s 2023 JUST 100 List
• Newsweek’s America’s Greatest Workplaces for Diversity 2023
• Newsweek America’s Most Responsible Companies 2023
• Wall Street Journal’s 250 Best-Managed Companies of 2022

Environmental Metrics

ESG Focus Areas

• Business innovation, including developing products to enable a Net Zero future
• Risk oversight
• Cybersecurity, data privacy, and protection
• Environmental sustainability
• Human rights
• Supply chain resilience
• Corporate culture
• Talent management, including recruitment, retention, DE&I initiatives, and employee health and safety

Environmental Achievements

• Achieved 58% renewable energy use across global manufacturing operations
• Achieved a 20% reduction in Scope 1 and 2 emissions from 2019
• Achieved 96% waste diverted from landfill from ADI's manufacturing facilities
• Achieved a 6% reduction in water withdrawal normalized to production output

Social Achievements

• Increased global female manager population to 25%
• Increased global female engineering population to 22%
• Maintained a <1% pay equity difference for females and males globally
• Recordable injury rate decreased to 0.16

Governance Achievements

• Achieved ISO 14001 and 45001 certifications for all manufacturing sites
• Implemented a new harmonized Global Recognition Program resulting in more than 10,000 recorded recognition moments globally

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Climate change impacts on operations
• Data security threats
• Maintaining a diverse and inclusive workforce
• Addressing illicit diversion of products

Mitigation Strategies

• Hybrid manufacturing strategy
• Investments in facility expansions and modernization
• Implementation of robust cybersecurity protections
• DE&I initiatives and programs
• Robust program to prevent misuse or diversion of products, including collaboration with government agencies

Supply Chain Management

Supplier Audits: RBA audits conducted; above industry standard

Responsible Procurement

• Code of Corporate Social Responsibility
• Supplier Ethics Agreement
• RBA Code of Conduct
• Enhanced due diligence for key suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Natural disasters

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Growth in renewable energy sector

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Third-party assurance provider (specified in report, but not explicitly named)

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation, and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 13: Climate Action

ADI's technologies and initiatives contribute to these goals (detailed in report)

Sustainable Products & Innovation

• Battery Management Systems (BMS)
• Wireless BMS (wBMS)
• Energy Management Systems
• Remote patient monitoring solutions
• 5G transceivers
• Data center technology

Awards & Recognition

• 2024 Carbon Clean200
• 2023 Rankings of America’s Most JUST Companies
• Business Intelligence Group’s Sustainability Leadership Award 2023
• The Wall Street Journal’s 250 Best-Managed Companies of 2023
• World’s Top Female-Friendly Companies 2022
• America’s Climate Leaders 2023
• Corporate Equality Index 2023–2024
• Boston Business Journal’s Largest Corporate Charitable Contributors in Massachusetts