HOD HASHARON, Israel, Dec. 26,
2024 /PRNewswire/ -- Valens Semiconductor (NYSE:
VLN), a leader in high-performance connectivity, today released its
third annual Environmental, Social and Governance (ESG) Report. The
2023 Report details the Company's progress, commitment, and
approach as it looks to advancing a sustainable future.
Valens Semiconductor's mission is to develop leading-edge
products that enable robust, ultra-high-performance wired
connectivity over simple, cost-effective infrastructure for a
variety of markets, including professional audio-video, automotive,
industrial, and medical. In automotive, Valens' solutions
contribute to the development of connected vehicle systems,
supporting improvements in safety, performance, and the overall
driving experience for our customers. Valens' professional
audio-video chips drive meeting equity, allowing corporations and
education systems to operate in various conditions and
locations.
"We are pleased to share Valens Semiconductor's third annual ESG
Report, which provides an update on our ongoing commitment to our
key ESG initiatives and the progress we achieved in 2023," said
Gideon Ben Zvi, CEO of Valens
Semiconductor. "We aim to highlight our commitment to aspects of
ESG that are vital to our business and stakeholders. We also
promote open dialogue to share updates on our advancements over
time. Our connectivity solutions are designed to foster growth that
prioritizes social and environmental responsibility."
"Our 2023 ESG Report underscores our dedication to responsible
and transparent corporate governance while expanding our business.
We are engaged with shareholders, customers and partners to
communicate our future progress as we continue to push the
boundaries of connectivity, striving to create a better world for
our employees, customers, suppliers, investors, and communities,"
said Moshe Lichtman, Chairman of
Valens Semiconductor's Nominating, Governance, and Sustainability
Committee.
The report can be found at the https://investors.valens.com/esg-report-2023.
About Valens Semiconductor
Valens Semiconductor (NYSE: VLN) is a leader in high-performance
connectivity, enabling customers to transform the digital
experiences of people worldwide. Valens' chipsets are integrated
into countless devices from leading customers, powering
state-of-the-art audio-video installations, next-generation
videoconferencing, and enabling the evolution of ADAS and
autonomous driving. Pushing the boundaries of connectivity, Valens
sets the standard everywhere it operates, and its technology forms
the basis for the leading industry standards such as HDBaseT® and
MIPI A-PHY. For more information, visit
https://www.valens.com/.
Investor Contacts:
Michal Ben
Ari
Investor Relations Manager
Valens Semiconductor Ltd.
Michal.Benari@valens.com
Lisa Fortuna
Senior Vice President
Financial Profiles, Inc.
ValensIR@finprofiles.com
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SOURCE Valens Semiconductor
