ams-OSRAM AG

Climate Impact & Sustainability Data (2022)

Improved significantly year-on-year in several well-renowned sustainability ratings and were selected as one of few companies for S&P’s Corporate Sustainability Assessment Yearbook.
Developed a comprehensive sustainability strategy built around the focus topics of climate protection, working conditions, diversity, human rights, integrity, and the circular economy.

Published a comprehensive human rights policy in 2022.
Increased internal communications activities, adding quarterly virtual global town hall meetings.
Conducted the first global employee survey within the now combined ams OSRAM team, resulting in over 1,300 initiatives globally.

Harmonized structures and processes related to sustainability.
Created an ESG Committee in 2022 to integrate sustainability and ESG parameters into the business strategy.
ESG- and sustainability-related topics have been included in the Management Board’s compensation targets since 2022.

Medium-term Goals:

Macro-economic and geopolitical developments that created exceptional challenges for economies worldwide (war in Ukraine, distortions in global supply chains, cost inflation, and the continued Covid-19 pandemic).
Unsupportive market dynamics, less favorable market development, lack of demand recovery in the China and Android markets.
Meaningful inventory adjustments in automotive supply chains.

Successfully delivered solid results for 2022 despite headwinds.
Confirmed its position as the global leader in automotive LED lighting and expanded its design pipeline in future applications.
Achieved the full set of integration milestones for 2022 and are focused on realizing further progress through 2023.
Realized several further planned disposals last year, completing the divestment process announced with the acquisition of OSRAM.
Improved its debt position and balance sheet structure, repaying well over EUR 400 million of outstanding debt.

Climate Change Data