Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced electronic waste by recycling 4.19 tons in 2022.
• Implemented TCC-U solution package reducing packaging materials (no foams, reduced nylon bags, no papers, smaller package).

Social Achievements

• Invested over $120,000 in learning and development initiatives for employees in 2022.
• Established a long-term partnership with ‘ELEM’ NGO to support Israeli youth.
• Maintained a low number of workplace accidents (2 in 2022).

Governance Achievements

• Implemented a comprehensive security and privacy policy.
• Established a corporate compliance program to ensure adherence to high ethical and corporate governance standards.
• Board of Directors includes more than 25% women (as of September 2023).

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas (GHG) emissions.
• Managing risks associated with cybersecurity threats.
• Maintaining sustainable water management and preventing water pollution.

Mitigation Strategies

• Assessing energy use across operations to limit scope 1 & 2 emissions.
• Implementing a diverse range of cybersecurity tools and practices.
• Monitoring and reporting annual HQ water consumption, implementing measures to prevent water leakage.

Supply Chain Management

Responsible Procurement

• Suppliers are obligated to comply with all relevant local, national, and international health and safety standards.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Well-being
• Diversity and Inclusion
• Corporate Governance

Environmental Achievements

• Reduced paper consumption at HQ due to organizational discipline.
• Designed packaging to minimize waste by prioritizing recyclable materials, resulting in smaller dimensions and reduced GHG emissions during shipping.
• Scope 1 GHG emissions decreased by 3.24% between 2022 and 2023.
• Implemented recycling programs across most sites.

Social Achievements

• Launched first employee engagement survey, resulting in 94% participation rate.
• Decreased employee turnover rate from 22% in 2022 to 16% in 2023.
• Implemented a comprehensive health program including health insurance, flexible work options, and first aid kits.
• Provided psychological support service to HQ employees during the 'October 7th war'.

Governance Achievements

• Established an ESG working group to advance the company’s ESG plan.
• Implemented a whistleblowing system accessible via an internal portal.
• Conducted supply chain audits (around 250 suppliers and 5 primary manufacturers).

Climate Goals & Targets

Environmental Challenges

• Attracting women to the company due to the highly technological nature of the business.
• Managing and reducing the impact of operations through various energy efficiency and GHG emission reduction initiatives.

Mitigation Strategies

• Constantly promoting new ways of attracting women to the company.
• Established a GHG Emissions Policy with a thorough framework and guidelines for conducting calculations.
• Implemented proactive measures to enhance understanding and management of Scope 1 and 2 GHG emissions.

Supply Chain Management

Supplier Audits: 250 suppliers and 5 primary manufacturers audited in 2023

Responsible Procurement

• Supplier Code of Business Conduct
• Due diligence process for engaging with third parties
• Compliance with UN International Labor Standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001, ISO 45001

Sustainable Products & Innovation

• Environmentally friendly packaging