Kulicke & Soffa Industries Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

The sustainability governance structure at K&S continues to evolve and mature. In FY2022 we embedded our four CSR pillars into a wider Environmental, Social and Governance (ESG) framework now covering the full spectrum of ESG-related efforts and initiatives. The ESG Council comprises sub-components overseen by organizational leads, with each lead providing regular updates on status and planned initiatives to defined ESG Council workstreams. The ESG Council workstreams provide quarterly reporting to the Executive Leadership Team (ELT), with the Nominating and Governance Committee (NGC) of the K&S Board of Directors receiving summary reports on a semi-annual basis. The NGC maintains ultimate oversight of all ESG activities and is responsible for reviewing and overseeing the K&S ESG strategy, policies, and performance. Through this structure, the Board has oversight of the impacts the organization has on its stakeholders and the environment.

https://www.kns.com/KnS/assets/Other-Publications/Reports/Sustainability_Report_2022.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Engagement activities are undertaken indirectly through SEMI - the global semi-conductor industry association. SEMI supports the sustainability goals of SEMI Member companies through collaboration, education, workshops, partnerships, and other value-added services.

CDP Questionnaire Response 2022

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Engagement activities are undertaken indirectly through SEMI - the global semi-conductor industry association. SEMI supports the sustainability goals of SEMI Member companies through collaboration, education, workshops, partnerships, and other value-added services.

CDP Questionnaire Response 2023