United Nations Sustainable Development Goals
As part of our commitment to ESG Cirrus Logic has selected four out of seventeen UN Sustainable Development Goals (UNSDGs) as areas of initial focus. These goals are aimed at stimulating action in critical areas of importance for humanity and the planet. Through volunteerism, philanthropic giving, and improvements to our facilities around the world, we believe we can make a positive contribution.
Cirrus Logic believes access to education for all is essential. In FY22, we supported the development of our employees by expanding tuition reimbursement benefits, launching a leadership development program and hosting our fifth biennial innovation conference. We have also worked to increase our pipeline of diverse technical candidates by partnering with organizations that promote STEM education for young people and research institutions and student organizations that recruit early-career hires. Additionally, we sponsor workshops to increase the number of women, Black and Hispanic students in engineering.
Achieving gender equality and empowering females in the workplace is important to Cirrus Logic. In FY22, we enhanced our family care benefits in the U.S. by lengthening our paid parental leave, increasing the amount paid for childbirth leave and introducing flexible return to office leave to help employees transition back to work after welcoming a new child. Additionally, we continued to support and develop the Women’s Leadership Team employee resource group, in which global membership increased by 41 percent in FY22.
Affordable Clean Energy
Our U.K. and Austin offices are powered with 100 percent renewable electricity contracts. As a result, in FY22, 79 percent of our total electricity use and 76 percent of our total energy use was sourced from renewable resources such as wind and solar. Additionally, through employee donations and company matching programs, Cirrus Logic contributes to several organizations that are helping to ensure access to affordable, reliable, sustainable, and modern energy for all.
In FY22, using science-based targets as our guide, Cirrus Logic set a target to reduce our Scope 1 and 2 GHG emissions by 90 percent by FY30, compared to FY21. The company also conducted our first climate risk assessment and scenario analyses in FY22 to help us integrate climate-related risks into our enterprise risk management process.
Cirrus Logic employees regularly give their time and support to a variety of community and charitable activities that target environmental, educational, arts and humanitarian causes.