Nova Ltd..
NVMI.US | Manufacture of measuring, testing, navigating and control equipment
Nova Ltd. is an Israel-based company that designs, develops, manufactures, and sells metrology solutions for the semiconductor manufacturing industry. Its product portfolio includes stand-alone metrology systems and integrated metrology systems, which are used to monitor critical dimensions, film th...Show More
Better Health for All
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Nova Ltd. manufactures metrology solutions for the semiconductor industry. The provided articles, including ESG reports, focus on the company's environmental sustainability efforts, such as 88% renewable energy use and significant Scope 1 & 2 GHG emissions reduction from a 2022 baseline, and internal social metrics like a 148% increase in employee volunteering hours.
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However, the articles explicitly state a lack of specific data regarding the health impact of the company's products or services.
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There is no evidence of direct health benefits or harms from their core business, nor any information on initiatives related to public health, healthcare accessibility, health equity, or mental health.
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Therefore, all KPIs are scored as 'Not Applicable' or 'Neutral' as the company's operations do not directly intersect with health outcomes or related programs.
Fair Money & Economic Opportunity
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Nova Ltd. is a semiconductor metrology solutions company, not a financial institution.
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As such, it does not offer lending or deposit services to consumers, nor does it have customer financial data, APRs, fee structures, or financial literacy programs relevant to the 'Fair Money & Economic Opportunity' value.
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Its core business lies outside finance, making all KPIs in this category not applicable.
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Fair Pay & Worker Respect
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No evidence available to assess Nova Ltd. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Nova Ltd. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Nova Ltd. has a whistleblower policy that encourages reporting of illegal or unethical conduct without fear of retaliation, providing multiple reporting channels including the Audit Committee, Compliance Officer, and Secretary.
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The Audit Committee Charter outlines procedures for handling complaints regarding accounting, internal controls, or auditing matters, including confidential anonymous submissions by employees.
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However, there is no evidence of an independent investigation process or specific details on policy effectiveness. The company has not mentioned any financial restatements in its 20-F annual reports for the fiscal years ending December 31, 2024, 2023, and 2022.
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Nova Ltd. has an anti-fraud and anti-bribery policy, and its Code of Conduct explicitly addresses compliance with the FCPA and Israeli Penal Law, prohibiting bribery of government officials.
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An anti-corruption steering committee was established in 2021.
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However, the evidence does not provide details on the frequency or effectiveness of training for this policy. The company holds ISO 9001:2015 certifications for R&D operations in Israel, Germany, and the U.S., and ISO 14001 and ISO 45001 certifications for facilities in Israel and Fremont, CA.
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These certifications cover quality, environmental, and occupational health and safety management systems for certain sites, but the extent of independent verification of broader ethical claims and compliance is not specified.
Kind to Animals
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No evidence available to assess Nova Ltd. on Kind to Animals.
No War, No Weapons
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Nova Ltd. is an Israel-based company that designs, develops, manufactures, and sells metrology solutions for the semiconductor manufacturing industry. The provided articles do not contain specific, concrete data points for any of the KPIs related to the 'No War, No Weapons' ethical value. Information regarding revenue from arms contracts, dual-use technology R&D, sales to embargoed regimes, peacebuilding investments, conflict divestment policies, board oversight of defense activities, export end-user certificates, lobbying, humanitarian procurement compliance, human rights due diligence, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use screening, surveillance transparency, ethical red lines, exposure to controversial weapons, war risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace tech investment ratio, conflict zone procurement, or ethical red line compliance rates is not explicitly stated.
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A contract mentioned for 'NOVA Group Inc.' is for a different entity and not applicable to Nova Ltd.
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Therefore, no KPIs can be scored based on the provided evidence.
Planet-Friendly Business
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Nova Ltd. achieved 88% renewable energy use in 2024, an increase from 6% in 2022.
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Its U.S. operations averaged 75% renewable energy from solar and wind since April 2024, with a target of 100% by 2025.
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The Bad Urach facility in Germany has been powered by 100% hydro renewable energy since November 2024, and operations in Taiwan and China have agreements for green certificates and RECs effective end-2024.
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The company reported a 65% reduction in Scope 1 and 2 GHG emissions from a 2022 baseline.
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However, no total Scope 1, 2, or 3 emissions in tCO₂e are provided.
Respect for Cultures & Communities
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No evidence available to assess Nova Ltd. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Nova Ltd. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No specific, quantifiable evidence related to waste management, product recyclability, packaging sustainability, or other 'Zero Waste & Sustainable Products' KPIs for Nova Ltd. (NVMI.US) was found in the provided articles. Information in some articles pertains to a different company, NOVA Chemicals, while the article specific to NVMI.US focuses on renewable energy use and GHG emissions, which fall outside the scope of this value's defined KPIs.
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