WISeKey International Holding Ltd
Climate Impact & Sustainability Data (2024-01 to 2024-06)
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Anticipated slowdown in the sale of semiconductors due to strong inventory levels among clients waiting for the new generation of post-quantum chips.
- Increased competition in the semiconductor market after the return to normal supply conditions post-COVID-19.
Mitigation Strategies
- Development of next-generation post-quantum secure chips (QS7001 and QVault TPM) to meet new cybersecurity requirements.
- Strategic partnerships with large electronic manufacturers to develop custom quantum-resistant chips.
- Focus on converting new initiatives into substantial revenue streams over the next five years, leveraging the expanding IoT market.