Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Economic

Environmental Achievements

• Reduced heating oil consumption by 10,000 liters in Flamatt, Switzerland.
• Lowered electricity consumption by more than 4,000 kWh through lighting optimization.
• San Jose site switched to 100% renewable electricity.
• Achieved 10% power savings in China through various energy-saving measures.
• Reduced electricity consumption by 6% in Denmark.
• Bike-to-work initiative saved 2,813 kg of CO2 emissions in Switzerland.
• Eliminated or substituted 10 of 13 Substances of Very High Concern (SVHC) at IXM.
• Nearly 3 metric tons of solid waste treated by a certified provider in Shanghai.
• Enhanced waste program in Comet Technologies USA to reduce, recycle, and reuse.
• Tripled recycled materials in Malaysia.
• Introduced waste separation in Denmark offices.
• Carbon reduction measures integrated into the design of the new building in San Jose, estimated electricity savings of 4,000 MWh over ten years.

Social Achievements

• Donated CHF 100,000 to UNICEF for Ukraine emergency aid.
• 2022 year-end campaign raised CHF 8,912 for UNICEF Giga.
• Supported Schools on Wheels in Bihar, India.
• Blood donation drive and plogging event in Malaysia.
• Auctioned old PCs, raising EUR 3,000 for a Hamburg school.
• Donated sanitary products to women in need in Yokohama.
• First multi-divisional fundraiser in USA raised nearly USD 3,000 for Second Harvest.
• Rebranded Yxlon to Comet Yxlon.
• Continued relationship with University of Illinois Urbana-Champaign.
• Participated in SEMICON West, sponsoring a workforce development initiative.
• Launched Up & Beyond Award to recognize employee commitment.
• Launched e-based awareness trainings.
• Expanded on-demand learning offering.
• Management Style and Leadership Art workshop in China.
• Hosted Future Day for children in Flamatt.
• Launched a test case to promote remote working in Switzerland.
• Reached a milestone of 1,000 safety-related measures implemented in Flamatt over 15 years.
• Road safety awareness program in Malaysia.
• North America-wide EHS assessment in the USA leading to various improvements.
• Industrial hygiene surveys conducted at all US locations.

Governance Achievements

• Implemented updated capital market-related policies.
• Introduced a data protection model for the Group.
• Issued an Intellectual Property Handbook.
• Updated software and programs in the USA to ensure compliance with sanctions.

Climate Goals & Targets

Environmental Challenges

• Reducing Scope 3 emissions (estimated to be six to seven times larger than Scope 1 and 2 combined).

Mitigation Strategies

• Identified five key Scope 3 emission categories.
• Performed initial Scope 3 screening using a spend-based economic input-output method.
• Planning further work to refine Scope 3 emission calculations and develop related initiatives in 2023.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct based on the Responsible Business Alliance (RBA) Code of Conduct.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001:2015 (all sites), ISO 14001:2015 (Comet Yxlon Hamburg), Fair-ON-Pay+ (Flamatt, Switzerland)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Comet's technologies contribute to digitalization, sustainable progress, and emission reduction. The company supports education and community projects.

Sustainable Products & Innovation

• MesoFocus technology

Awards & Recognition

• Fribourg Innovation Award 2022/2023