Lumentum Releases Fiscal 2024 Corporate Sustainability Report
Lumentum has released its Fiscal 2024 Corporate Sustainability Report, highlighting significant environmental and operational achievements. The company achieved a 38% reduction in Scope 1 and 2 greenhouse gas emissions compared to Fiscal 2023, while increasing renewable electricity procurement to 79%. Notable accomplishments include transitioning three additional sites to 100% renewable electricity, implementing solar power generation in Thailand and California, and expanding ISO 14001 and 45001 certifications to more manufacturing sites.
The report also showcases improvements in product innovation, including a 45% reduction in power consumption for their TrueFlex Twin WSS product and a 77% reduction in power consumption for 200G PAM4 externally modulated lasers. The company filed over 280 new patent applications and enhanced its employee development programs, engaging nearly 250 participants in mentorship initiatives.
Lumentum ha pubblicato il suo Rapporto di Sostenibilità Aziendale per l'Anno Fiscale 2024, evidenziando importanti risultati ambientali e operativi. L'azienda ha raggiunto una riduzione del 38% delle emissioni di gas serra di Scope 1 e 2 rispetto all'Anno Fiscale 2023, aumentando al contempo l'acquisto di elettricità rinnovabile al 79%. Tra i risultati notevoli vi è il passaggio di altri tre siti a un'elettricità 100% rinnovabile, l'implementazione della generazione di energia solare in Thailandia e California, e l'espansione delle certificazioni ISO 14001 e 45001 in più siti produttivi.
Il rapporto mostra anche miglioramenti nell'innovazione dei prodotti, incluso una riduzione del 45% del consumo energetico per il loro prodotto TrueFlex Twin WSS e una riduzione del 77% del consumo energetico per i laser modulati esternamente 200G PAM4. L'azienda ha presentato oltre 280 nuove domande di brevetto e ha migliorato i suoi programmi di sviluppo dei dipendenti, coinvolgendo quasi 250 partecipanti in iniziative di mentorship.
Lumentum ha publicado su Informe de Sostenibilidad Corporativa para el Año Fiscal 2024, destacando logros significativos en el ámbito ambiental y operacional. La compañía logró una reducción del 38% en las emisiones de gases de efecto invernadero de Alcance 1 y 2 en comparación con el Año Fiscal 2023, mientras que aumentó la adquisición de electricidad renovable al 79%. Logros notables incluyen la transición de tres sitios adicionales a electricidad 100% renovable, la implementación de generación de energía solar en Tailandia y California, y la expansión de las certificaciones ISO 14001 y 45001 a más sitios de fabricación.
El informe también muestra mejoras en la innovación de productos, incluyendo una reducción del 45% en el consumo de energía para su producto TrueFlex Twin WSS y una reducción del 77% en el consumo de energía para los láseres modulados externamente 200G PAM4. La compañía presentó más de 280 nuevas solicitudes de patentes y mejoró sus programas de desarrollo de empleados, involucrando a casi 250 participantes en iniciativas de mentoría.
Lumentum는 재무 2024 기업 지속 가능성 보고서를 발표하여 중요한 환경 및 운영 성과를 강조했습니다. 이 회사는 재무 2023년 대비 Scope 1 및 2 온실가스 배출량을 38% 줄이는 동시에 재생 가능 전력 조달 비율을 79%로 증가시켰습니다. 주목할 만한 성과로는 세 개의 추가 사이트를 100% 재생 가능 전기로 전환하고, 태국과 캘리포니아에 태양광 발전을 구현하며, 더 많은 제조 사이트에 ISO 14001 및 45001 인증을 확대한 것이 포함됩니다.
보고서에는 제품 혁신 개선 사항도 포함되어 있으며, TrueFlex Twin WSS 제품의 전력 소비가 45% 감소하고 200G PAM4 외부 변조 레이저의 전력 소비가 77% 감소했습니다. 이 회사는 280건 이상의 새로운 특허 출원을 했으며, 멘토십 이니셔티브에 거의 250명의 참가자를 참여시켜 직원 개발 프로그램을 강화했습니다.
Lumentum a publié son Rapport de Durabilité d'Entreprise pour l'Exercice 2024, mettant en avant des réalisations environnementales et opérationnelles significatives. L'entreprise a réalisé une réduction de 38% des émissions de gaz à effet de serre de Scope 1 et 2 par rapport à l'Exercice 2023, tout en augmentant l'acquisition d'électricité renouvelable à 79%. Parmi les réalisations notables, on trouve la transition de trois sites supplémentaires vers une électricité 100% renouvelable, la mise en place de la production d'énergie solaire en Thaïlande et en Californie, ainsi que l'élargissement des certifications ISO 14001 et 45001 à d'autres sites de fabrication.
Le rapport met également en lumière des améliorations en matière d'innovation produit, notamment une réduction de 45% de la consommation d'énergie pour leur produit TrueFlex Twin WSS et une réduction de 77% de la consommation d'énergie pour les lasers modulés externes 200G PAM4. L'entreprise a déposé plus de 280 nouvelles demandes de brevet et a renforcé ses programmes de développement des employés, impliquant près de 250 participants dans des initiatives de mentorat.
Lumentum hat seinen Corporate Sustainability Report für das Geschäftsjahr 2024 veröffentlicht, in dem bedeutende Umwelt- und Betriebsleistungen hervorgehoben werden. Das Unternehmen erzielte eine Reduzierung der Treibhausgasemissionen der Bereiche 1 und 2 um 38% im Vergleich zum Geschäftsjahr 2023 und steigerte gleichzeitig den Bezug von erneuerbarer Energie auf 79%. Zu den bemerkenswerten Erfolgen gehört die Umstellung von drei weiteren Standorten auf 100% erneuerbare Energie, die Implementierung von Solarenergieerzeugung in Thailand und Kalifornien sowie die Ausweitung der ISO 14001- und 45001-Zertifizierungen auf weitere Produktionsstätten.
Der Bericht zeigt auch Verbesserungen in der Produktinnovation, einschließlich einer Reduzierung des Stromverbrauchs um 45% für ihr Produkt TrueFlex Twin WSS und einer Reduzierung des Stromverbrauchs um 77% für 200G PAM4 extern modulierte Laser. Das Unternehmen hat über 280 neue Patentanmeldungen eingereicht und seine Mitarbeiterentwicklungsprogramme verbessert, an denen fast 250 Teilnehmer an Mentoring-Initiativen beteiligt waren.
- None.
- None.
Achieved
Highlights from the report include:
Planet – Continued Momentum and Expansion of Climate Change Initiatives
Lumentum made notable advances over the past fiscal year toward achieving net-zero Scope 1 and Scope 2 emissions by 2030. Additionally, the company expanded its commitment to reduce Scope 3 emissions by submitting targets to the Science-Based Targets initiative (SBTi).
Accomplishments in Fiscal 2024 included:
-
Reduced Scope 1 and Scope 2 greenhouse gas emissions by
38% compared to Fiscal 2023, despite a new company acquisition. -
Increased procurement of renewable electricity to
79% , up from61% in the previous fiscal year. -
Transitioned three more sites to
100% renewable electricity, bringing the total to 14 sites. -
Began solar power generation at two major sites: Navanakorn,
Thailand andSan Jose, California , USA. - Expanded its ISO 14001 certification to three additional manufacturing sites, increasing the total number of certified sites to eight.
People – Focus on Career Development, Inclusion, and Health and Safety
Lumentum invests in its people by encouraging and supporting professional development, fostering an inclusive culture, and ensuring a safe working environment.
Some Fiscal 2024 highlights include:
- Engaged nearly 250 participants in its employee mentorship program.
-
Awarded 20 scholarships to underrepresented minority student interns in the
U.S. andCanada . - Supported more than 230 employees globally through leadership certificate programs.
- Expanded ISO 45001 certification to three additional manufacturing sites, increasing the total number of certified sites to eight.
Innovation – Efficiency and Performance Gains Across Products
Lumentum pushes the boundaries of innovation, continually improving products and processes to deliver exceptional value to customers while upholding the highest standards of quality, safety, and efficiency.
Fiscal 2024 saw the implementation of new product innovations and processes, including:
- Integrated product design Kaizen events early in the New Product Introduction (NPI) cycle, improving product and process designs across multiple sites.
-
Reduced power consumption (power per Terahertz) by
45% in the TrueFlex® Twin 16X24 wavelength selective switch (WSS) product, while still achieving double the switching capacity in optical networks. -
Reduced power consumption of 200G PAM4 externally modulated lasers (EMLs) by
77% per Gbps of optical bandwidth compared to the previous generation of 100G EMLs. - Filed over 280 new patent applications.
“I am proud of the sustainability progress we have made this past year—from achieving a
Additional highlights can be found in the Fiscal 2024 Corporate Sustainability Report, along with detailed data and activities from the fiscal year, which ended June 29, 2024. This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards for sustainability impacts, applies the standards of the Sustainability Accounting Standards Board (SASB), and references the United Nations Sustainable Development Goals (UN SDGs).
About Lumentum
Lumentum (NASDAQ: LITE) is a market-leading designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum lasers enable advanced manufacturing techniques and diverse applications including next-generation imaging and sensing capabilities. Lumentum is headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241104833309/en/
Investors: Kathy Ta, 408-750-3853, investor.relations@lumentum.com
Media: Noël Bilodeau, 408-439-2140, noel.bilodeau@lumentum.com
Source: Lumentum
FAQ
What emissions reduction did Lumentum (LITE) achieve in fiscal 2024?
How much renewable electricity does Lumentum (LITE) now use?
What product efficiency improvements did Lumentum (LITE) report in 2024?
How many new patent applications did Lumentum (LITE) file in fiscal 2024?
