FY24 Q2 Financial Outlook
ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) IS A PRIORITY
SUSTAINABLE.
CARBON FOOTPRINT REDUCTION
■ >50% of all energy requirements
worldwide are procured from
renewable sources
■ 100% renewable electricity for all
sites in Europe
■ Numerous energy efficiency
projects completed, saving over 26
million kWh of energy per year
Percentage of Energy Usage from Renewable Sources
60%
50%
40%
30%
20%
INCLUSIVE.
ENGAGED EMPLOYEES
■
Expanded our diversity, equity, and
inclusion efforts
■ Streamlined talent management
processes to improve the
experience for both managers and
employees
☐
Multiple philanthropic projects in
communities where Coherent
operates around the globe
COMMUNITY
Expand Our
Impact
Foster Inclusion
and Belonging
Embrace Diverse
Perspectives
I CARE
Increase
Representation
Elevate Equity
CULTURE
PRINCIPLED.
MANAGED TO ESG STANDARDS
■ Committed to comply with the
Responsible Business Alliance Code
of Conduct
■ Over two dozen ESG related policies
updated and standardized globally
BOARD OVERSIGHT
■ 13 of 14 (93%) of Board members
are independent
■ All of our Board committees are
independent
■ 10 of 14 (71%) of Board members
joined within past 5 years
■ 4 of 14 (29%) are female
■ 8 of 14 (57%) of Board members are
female and/or ethnically diverse
INNOVATIVE.
PRODUCTS AND TECHNOLOGY
Investing to help the world reduce
energy use and transition to cleaner
energy solutions, including:
■ Silicon Carbide for power
electronics
☐
Battery manufacturing for e-
mobility and energy storage at
scale
■ Advanced materials for battery
production and recycling
10%
0%
FY21
FY22
FY23
COHERENT
COMMITMENT
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