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New Goals Demonstrate Marvell’s Commitment to ESG

By Rebecca O'Neill, Global Head of ESG, Marvell

Marvell recently released its inaugural Environmental, Social and Governance (ESG) Report, detailing the company’s goals, strategic approach, and commitment to building a sustainable future. Marvell’s approach is based on the areas of greatest impact and opportunity for our company: integrating environmental and social considerations into our product design and responsibly managing the impacts of our supply chain, while focusing on strategic ESG initiatives that are material to our financial performance and long-term value creation.  

Part of our overarching commitment to address ESG topics involves continuous improvement. That’s why Marvell has set a range of goals that showcase key areas of focus for our business, now and in the future. 

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Marvell’s Commitment to Inclusion and Diversity

By Rebecca O'Neill, Global Head of ESG, Marvell

Marvell is committed to fostering an inclusive, diverse, and engaging workplace to fully leverage the perspectives and contributions of every individual at the company. We strive to create an environment where people feel fulfilled, inspired, and motivated to learn and grow, personally and professionally.

What Inclusion and Diversity Means to Marvell
Inclusion means focusing on respect, acceptance, and the ability to appreciate a culture-add approach where we can all bring our full authentic selves to work, every day.

To us, diversity means valuing differences. We value the unique perspectives and experiences of every employee. It is this uniqueness that every employee brings to the company, which is powerful and provides us with a competitive advantage.

Our Strategy
We have developed a strategy focused on four Inclusion & Diversity business outcomes:

Marvell F22 inclusion and Diversity Strategy
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Supporting Our Communities

By Rebecca O'Neill, Global Head of ESG, Marvell

and Sandy Rodriguez, Sr. Compliance Analyst, Marvell

At Marvell, we are committed to giving back to the communities where we live and work. Our community engagement focuses on three key pillars:

  • Humanitarian endeavors supporting organizations that combat hunger, poverty and homelessness
  • Investing in innovative K–12 educational programs in science, technology, engineering and math (STEM)
  • Championing community projects or initiatives to enrich the lives of our neighbors

The company will also match employee donations up to $500 per calendar year when an employee makes a donation to a nonprofit aligned with our philanthropic pillars. In addition, we launched a volunteer time off program, offering employees up to three days or 24 hours of paid time off per year to volunteer for causes they care about and support organizations working in our pillar areas. We aim to have at least 20% of our employees participate in our volunteer time off and employee match programs. Both of these endeavors are offered globally.

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Marvell is a Member of the Semiconductor Climate Consortium

By Rebecca O'Neill, Global Head of ESG, Marvell

I am delighted to announce that Marvell is a Member of the new Semiconductor Climate Consortium. We have been active participants of the group over the past several months and are happy to share that the Climate Consortium is publicly launching today.

Why a Consortium? 

Acknowledging that climate action is collective action, Marvell has joined the Semiconductor Climate Consortium to work collaboratively with other semiconductor companies that have also embarked on a carbon reduction journey, to accelerate climate solutions and drive progressive climate action within our industry value chain. 

The Consortium is an initiative of SEMI, the industry association serving the global electronics design and manufacturing supply chain, and it brings together all parts of the semiconductor ecosystem, including manufacturers, equipment providers, and fabless solutions providers such as Marvell. Everyone has a role to play in advancing the industry’s progress on addressing climate change. The Consortium believes that by working together, member companies will bring collective knowledge and innovative technologies to do so much more than one company can do alone. 

The Consortium recognizes the challenge of climate change and works to speed semiconductor industry value chain efforts to reduce greenhouse gas emissions, including through support of the Paris Agreement and related accords driving the 1.5°C pathway.  

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Designing energy efficient chips

By Rebecca O'Neill, Global Head of ESG, Marvell

Today is Energy Efficiency Day. Energy, specifically the electricity consumption required to power our chips, is something that is top of mind here at Marvell. Our goal is to reduce power consumption of products with each generation for set capabilities.

Our products play an essential role in powering data infrastructure spanning cloud and enterprise data centers, 5G carrier infrastructure, automotive vehicles, and industrial and enterprise networking. When we design our products, we focus on innovative features that deliver new capabilities while also improving performance, capacity and security to ultimately improve energy efficiency during product use.

These innovations help make the world’s data infrastructure more efficient and, by extension, reduce our collective impact on climate change. The use of our products by our customers contributes to Marvell’s Scope 3 greenhouse gas emissions, which is our biggest category of emissions.

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