Better Health for All

Valens Semiconductor's connectivity chips are designed to comply with safety standards, including IEC 60601 for safe electrical equipment in medical environments

and the MIPI A-PHY standard, which is safety-critical with a packet error rate of 1E-19. Their technology enables advanced single-use endoscopes, which the FDA promotes for enhanced patient safety , and improves electromagnetic compatibility (EMC) performance, reducing the risk of system failures in automotive applications. However, as a component supplier, the company's products do not have direct safety implications for physical or mental health of end-users, and no evidence of user harm, injury, illness, fatalities, recalls, or adverse events directly attributable to Valens' chips was found. The company is a semiconductor firm, not involved in pharmaceuticals, food production, or clinical trials, and its products do not have addiction potential.

Fair Money & Economic Opportunity

Valens Semiconductor Ltd. is a fabless semiconductor company that designs and sells integrated circuits and related software.

Its core business is not in financial services, lending, or banking. Therefore, all KPIs related to fair money and economic opportunity, such as customer financial services, lending practices, fee structures, financial literacy programs, and banking access points, are not applicable to the company's operations. Evidence regarding employee diversity or general community donations does not align with the specific financial services focus of these KPIs.

Fair Pay & Worker Respect

Valens Semiconductor reported zero incidents or legal cases related to non-compliance with social and economic laws, harassment, or discrimination in both 2023 and 2022.

Employee feedback indicates that 65% of employees would recommend working at the company.

Fair Trade & Ethical Sourcing

Valens Semiconductor reports that 100% of its critical suppliers have signed a General Quality Agreement (GQA), reflecting their commitment to maintaining due diligence conflict mineral programs.

The company also expects its suppliers to review and implement the principles of the Responsible Business Alliance (RBA) Code of Conduct. Furthermore, Valens Semiconductor states that, to the best of its knowledge, none of its suppliers rely on forced labor or engage in anti-freedom of association or anti-collective bargaining behavior, and child labor is prohibited in any stage of manufacturing.

Kind to Animals

Valens Semiconductor Ltd. is a fabless semiconductor company whose business model inherently does not involve animal testing, animal-derived ingredients, animal agriculture, or direct impact on wildlife habitats. Articles from crueltyfreeinvesting.org explicitly state that VLN.US has "No Animal Exploitation."

Therefore, all KPIs related to cruelty-free certification, animal testing, humane certifications for animal operations, ethical input substitution, cage-free sourcing, animal agriculture ethics, and R&D for animal-free alternatives are not applicable to the company's operations. While the company audits 100% of its Tier 1 and critical suppliers under the Responsible Business Alliance (RBA) Code of Conduct, these are general audits and not specifically for animal welfare compliance, nor does the company have animal-related suppliers. The company's involvement in standardization bodies is for technical standards, not animal welfare policy or animal-free R&D collaboration.

No War, No Weapons

Valens Semiconductor achieved 100% compliance with its Code of Business Conduct and Ethics from 2022 to 2024.

The company strictly prohibits the use of minerals sourced from conflict zones. 100% of its critical suppliers have signed a General Quality Agreement reflecting their commitment to maintaining due diligence conflict mineral programs. Valens expects its suppliers to comply with laws and regulations and to implement the principles of the Responsible Business Alliance (RBA) Code of Conduct. Valens does not tolerate human rights violations, including forced, bonded, indentured, prison labor, slavery, trafficking, or child labor in its supply chain. Valens' technology is used in civilian applications such as automotive, education, medical, industrial machine vision, and video conferencing.

Planet-Friendly Business

The company reported zero cases of non-compliance with environmental laws in 2023.

While Scope 1 emissions were 280 tCO₂e and Scope 2 emissions were 483 tCO₂e in 2023, data for Scope 3 emissions is not provided, preventing a complete assessment of total greenhouse gas emissions. The company has a target to source 30% of its office electricity from renewable energy by 2027, but current renewable energy usage is not specified. Information regarding water use per revenue, waste diversion rate, green building certifications, EU taxonomy alignment for capital expenditure, lifecycle impact analysis, recycled-to-virgin material ratio, carbon offset quality, climate-positive initiatives, supply chain climate transparency, supplier SBTi targets, biodiversity efforts, deforestation policy, environmental impact assessments, net-zero targets, TCFD alignment, climate scenario analysis, stranded assets, water from stressed basins, packaging CO2 reduction, climate justice, just transition programs, or climate adaptation financing is not available.

Respect for Cultures & Communities

Valens Semiconductor demonstrates a strong commitment to local employment, with 86% of its employees based in Israel in 2023.

The company has established 8 formal partnerships with local community groups and non-profits, including Move Up, ItWorks, Tsofen, Kinneret Academic College, Bezalel Academy of Arts and Design, A Different Lesson – Shiur Acher, Pitchon Lev, and Reim Association. The company reported zero cultural appropriation incidents in 2020, 2021, 2022, and 2023. Standard grievance mechanisms, such as a whistleblower procedure, are in place. Free, Prior, and Informed Consent (FPIC) processes, indigenous supplier tracking, cultural site protection, social license to operate, and community governance inclusion are not applicable to its operations as a fabless semiconductor company. The company also provides local field application engineers for customer experience and reported no cultural incidents requiring a specific response framework.

Safe & Smart Tech

Valens Semiconductor reported no identified leaks, losses, or theft of customer data or personally identifiable information in 2021 and 2022.

The company's privacy policy, updated December 4, 2023, adheres to GDPR and is being adapted for CCPA and CPRA. Users in the EU/UK have GDPR rights, including access, rectification, erasure, restriction of processing, and data portability, while California residents have CPRA rights to know, delete, and correct personal information. Users can also withdraw consent for newsletters and non-essential cookies. However, data is retained for approximately 7 years for record-keeping matters. Customer access to documents via an FTP system relies on a username and password. In 2022, a comprehensive cybersecurity awareness campaign for all employees was launched, including training, lectures, quizzes, and a phishing exercise.

Zero Waste & Sustainable Products

No specific quantitative data or concrete evidence regarding Valens Semiconductor Ltd.'s (VLN.US) performance on zero waste and sustainable products could be found in the provided articles. The company's 2022 ESG report explicitly states it does not contain quantitative data relevant to these metrics, including waste diversion rates, product recyclability percentages, or recycled content.

General discussions about circularity solutions and reverse logistics in the semiconductor industry were present, but these did not provide company-specific facts for VLN.US.