Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Community Investment
• Workforce Diversity
• Supply Chain Responsibility
• Ethical Business Practices

Social Achievements

• Donated options totaling over NIS 1,150,000 to the “Tmura” association, supporting disadvantaged populations in Israeli society.
• Encouraged employee participation in local community volunteering initiatives.
• Strengthened diversity and equality through equal pay and affirmative action in recruiting and advancing qualified women.

Governance Achievements

• Commitment to ethical values and corporate governance best practices.
• Policy to follow leading ESG principles in the supply chain, including evaluating and engaging responsible suppliers.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to semiconductor shortages and the global impact of the war in Ukraine.
• Inflationary pressures impacting component costs.
• Competition in the rapidly evolving automotive sensing technology market.

Mitigation Strategies

• Securing manufacturing agreements with GlobalFoundries to ensure chip production and supply chain management.
• Implementing cost-cutting initiatives and streamlining operations.
• Focusing on building strong relationships with Tier 1 suppliers and OEMs to secure design wins and production orders.

Supply Chain Management

Responsible Procurement

• Suppliers must comply with all applicable national and international laws and regulations and implement the principles of the Responsible Business Alliance (RBA) Code of Conduct.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• 4D imaging radar technology designed to enhance vehicle safety and contribute to reducing traffic accidents.