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Marvell Releases its Second Annual ESG Report 

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

I’m thrilled to announce that we published our second annual Environmental, Social and Governance (ESG) report today. I’m proud to share the progress we have made across the company. ESG intersects with all parts of the business, so it really is a team effort. This past year, everyone stepped up to improve performance in their key areas and launch new initiatives that strengthen Marvell’s business and impact. 

The report provides the latest updates toward meeting our goals during fiscal year 2023. For instance, we submitted a Science Based Target for external validation, carried out a climate scenario analysis, conducted a human rights impact assessment (ahead of schedule), and maintained an employee satisfaction score above the industry benchmark. 

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Marvell Celebrates Earth Week

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

Marvell is committed to being a good steward of the environment and we are excited to mark the 2023 Earth Day on April 22 with a week-long celebration. Our employees care about protecting our planet and want to do their part both at work and beyond.  

We look forward to engaging our employees in virtual and in-person events throughout the week to enable them to better protect the environment, such as:

The Big 6 Sustainability Webinar:

We are kicking off the week with a global webinar with special guest speakers from Carbonauts, a company that teaches people how to reduce their carbon footprints and integrate sustainability into their day-to-day lives. Employees will learn the six biggest levers for reducing their carbon footprints. Carbonauts is a frequent guest at sustainability conferences and podcasts and the company’s clients include many Fortune 500 companies like Amazon, Chanel, Toyota, AT&T, Warner Brothers, and Netflix, to name a few. Carbonauts is on a mission to get society to the tipping point of behavior change to make sustainable living a way of life for all.

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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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