Alphawave Semi is committed to conduct all of its business in an honest and ethical manner – acting professionally, fairly and with integrity in all its business dealings and relationships.
We contribute to society mainly by promoting diversity, fostering the next wave of innovation and innovators and playing our role in tackling climate change. We do this both through our own activities and in collaboration with our customers and other stakeholders, for shared success.
We are seeing an exponential growth in the amount of data and our technology enables data to travel faster, more reliably, and with higher performance at lower power.
Our success and long-term value creation depend on the close collaboration of various stakeholders. Working closely together and acting responsibly can positively impact our business while creating long-term value for our shareholders, employees, customers, partners, and the communities where we live and work.
Over the last two years the company has taken significant steps on our environmental, social and governance journey. In 2022, we set up our ESG Steering Committee and we updated our ESG Policy (View Policy). I am proud of the actions the company has taken so far. In our annual report you can read about the range of activities we are undertaking and the progress we made during the year. (Financial Results – Alphawave Semi)
Environmental, Social and Corporate Governance (ESG) is at the heart of the Company’s strategy. We have identified the following four key ESG areas in order to create a responsible business and create long-term value for our stakeholders.
Environment
Supply Chain
Social Impact
Governance and Business Ethics
Our leading connectivity technology contributes towards the development of a more efficient digital infrastructure with lower energy consumption. Although fabless (i.e. we do not own any manufacturing facilities) we are committed to carbon neutrality and to reduce our carbon footprint over time.
We report our environmental performance on our annual report. See here for the latest report. (Results, Reports, and Presentations – Alphawave Semi)
We are gradually rolling out activities to ensure we minimise our GHG emissions:
As a fabless business we seek to play a positive role in a responsible supply chain.
Our manufacturing-related operations are ISO9001:2015 certified. (View certificate)
We support international efforts to ensure that the mining and trading of tin, tungsten, tantalum and gold (known as 3TG) from high-risk locations does not contribute to conflict and/or serious human rights abuses in the Democratic Republic of Congo and the Great Lakes Region (or elsewhere). See our conflict mineral policy. (View policy)
Our efforts include not just minimising the potential disruption risk but also certain sustainability aspects such as:
One of our key societal contributions is to invest in the development of talent and foster the new generation of innovators while promoting a diverse and inclusive working environment.
In addition, we seek to play a positive role in the communities from where we operate.
Our People
We have a wide range of initiatives seeking to recruit, develop and reward the best talent in the industry.
Diversity and Inclusion fuels our success, tapping into the power of diverse perspectives and backgrounds. Our commitment to a diverse and inclusive culture is a key force that drives our innovation.
Our Equal Opportunities and Dignity at Work Policy (View policy) and Code of Ethics and Business Conduct (View policy) provide a solid framework to ensure all related activities are fully compliant.
Diversity and Inclusion – Additional Policies
Community Engagement
As an organisation it is important that we play a positive role in the communities where we operate. Our community engagement programe seeks to improve the welfare of the communities where we work and live. Please see all details in our latest annual report. (link)
Alphawave Semi in India has partnered with Dream School Foundation (DSF) which provides educational support to unprivileged children. DSF strives to break the cycle of the socio-economic vulnerability of children and families and help them to help themselves through the power of education. It helps children and parents work through the path from ‘schools to livelihood’. Learn about Alphawave Semi’s social commitments in India.
Alphawave Semi and its Board are fully committed to the highest standards of corporate governance.
Governance
The Board is accountable to the Company’s shareholders for ensuring the sound management and long-term success of the Group. This can only be achieved if the Board is supported by appropriate governance processes to ensure that the Group is managed responsibly and with integrity, fairness, transparency and accountability. (Alphawave Semi, Corporate Governance)
Business Ethics
We have a number of policies in place which define how we expect our employees and partners to conduct business. Our Code of Ethics and Business Conduct (View policy) is directly informed by international, industry and customer standards.
Business Ethics – Applicable Policies
IT and cybersecurity
In 2022, the Company went through a period of accelerated expansion both organically and through acquisitions. As a result, in 2022 we started a review of the IT policies across the business to align and prioritise IT investment with evolving business needs and to maintain compliance and controls. See further information here (Alphawave Semi IT and Cybersecurity Policy)
Contact ESG: ESG@awavesemi.com