- Limited control over building operations (leased offices)
- Managing environmental impact as a fabless company relying on suppliers
VALENS SEMICONDUCTOR LTD.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, VALENS SEMICONDUCTOR LTD. disclosed greenhouse gas emissions of 763 tCO2e/year (Scope 1 and 2 combined). By scope: Scope 1: 280 tCO2e/year; Scope 2: 483 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
763 tCO2e/year (Scope 1 and 2 combined)
2023
Water Usage
1.9K m3/year
2023
Waste
140 kg/year (electronic waste recycled)
2023
Energy Use
1.0K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 280 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 483 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 763 tCO2e/year (Scope 1 and 2 combined) |
| 2022 | 1.0K tCO2eq |
| 2020-01 to 2021-12 | 1.5K tCO2e (Scope 1 & 2 combined in 2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 20% reduction in total electricity consumption at headquarters compared to 2021
- 5% decrease in gasoline consumption for employee vehicles from 2022 to 2023
- 27% reduction in total consumption compared to the previous year
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption by 10% by the end of 2025
- Establish at least two mentorship pairings annually for underrepresented groups in technical roles by end of 2026
📅 Medium-term
- Source at least 30% of office electricity from renewable sources by end of 2027
- Achieve a 25% reduction in office waste by the end of 2030
- Introduce a quarterly employee wellness program with 80% employee participation by the end of 2027
- Continue volunteering program with 15% employee participation by the end of 2027
🔭 Long-term
- Begin calculating scope 3 emissions by end of 2026
- ESG and climate training for the Board by end of 2025
- Increase the representation of women in technical and entry-level positions by 10% by 2030
- Increase the representation of women in managerial roles by 10% by 2030
🌱 ESG Focus Areas
EnvironmentalSocialGovernance