Press release
Credo Releases Environmental, Social and Governance (ESG) Report for 2023
SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity
About this update from Credo Technology Group Holding Ltd
[{"type":"text","content":" SAN JOSE, Calif.--(BUSINESS WIRE)--\nCredo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, today released its 2023 Environmental, Social and Governance (ESG) report detailing Credo’s initiatives and efforts around environmental management, diversity, equity, and ethical conduct.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231128075429/en/ESG isn’t just about ticking boxes for us. It’s about being on the right side of history, delivering value for our customers, and igniting a culture of continual innovation. It’s also about assessing our current position and identifying what actions we need to take to meet our long-term goals. We are starting from a strong position – the market leading energy and cost efficiency of our high-speed SerDes based solutions are helping our customers meet their increasing performance needs at a lower financial and environmental cost. (Graphic: Business Wire)\nSince the company’s founding, Credo has aspired to be on the right side of history regarding how we treat our people, our community, and the environment as well as our customers, partners, and other stakeholders. The publication of our first ESG report offers a valuable opportunity to illustrate how ESG considerations are intricately woven into our operations, empowers us to set new objectives, and commemorates the strides we have taken in our role as a leader of high-performance, energy-efficient networking solutions.\n\n\nCredo’s ESG report is grounded in the sense of a strong connection combined with accountability. The report outlines key ESG priorities: employee development, retention, and well-being; supply chain management; employee health and safety; business ethics; and data privacy and security.\n\n\nIn 2024, Credo plans to expand this list of priorities by analyzing our greenhouse gas emissions and engaging with our suppliers to create an effective carbon offset strategy.\n\n\nTo read the full report, please visit our ESG page.\n\n\nAbout Credo\n\n\nOur mission is to deliver high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. Credo is an innovator in providing secure, high-speed connecti...