Coherent Corp. (NYSE: COHR) has released its Environmental, Social, and Governance (ESG) Report for FY2024, highlighting significant sustainability achievements. The company now sources 78% of its global electricity needs from renewable sources, utilizing over 550 million kWh of renewable electricity annually, which resulted in avoiding 234,000 metric tons of CO2e emissions in FY2024.
Key accomplishments include receiving the Sapphire level Certification Champion recognition from the Board of Safety Professionals for employee safety commitment, and joining the Responsible Business Alliance (RBA) in 2024, demonstrating dedication to responsible business conduct in global supply chains.
The report provides comprehensive insights into Coherent’s ESG initiatives, covering sustainability performance, employee management, governance practices, risk management, customer commitment, and community engagement. These efforts…
