Our commitment: aligning sustainability with global priorities
At Comet, we understand the importance of aligning our sustainability strategy with global priorities. The 17 United Nations Sustainable Development Goals (UN SDGs) provide a comprehensive framework for addressing key global challenges, including climate change, inequality, and resource management. Integrating these goals into our business practices ensures that our initiatives contribute meaningfully to global sustainable development and support long-term value creation for our stakeholders. Our most significant contributions align with SDGs 8 (Decent Work and Economic Growth), 9 (Industry, Innovation, and Infrastructure), 12 (Responsible Consumption and Production), and 13 (Climate Action).
Embedding the SDGs within our strategic objectives not only strengthens our commitment to fostering a more equitable and sustainable world but also builds a robust foundation for future growth. This approach embodies our belief that sustainable business practices are essential for long-term financial success, creating value for both investors and society.
We provide stable and fair work for staff at all Comet locations worldwide.
Decent work and economic growth: Our technologies drive the core of digitalization. With a strong tradition in training and mentorship, we support numerous apprentices, trainees, and young professionals, helping them build successful careers. In doing so, we contribute to economic growth, as these emerging talents are essential for developing our innovative products that play a key role in advancing society’s digitalization.
Through innovation we contribute to a sustainable infrastructure.
Industry, innovation and infrastructure: As a key supplier and partner to the semiconductor and electronics industry, as well as various industrial markets, we collaborate closely with our customers to develop innovative solutions. These solutions drive sustainable progress and enhance safety, security, and quality of life worldwide.
We satisfy customer standards through binding supplier standards.
Responsible consumption and production: We are committed to avoiding profit-driven practices that compromise the environment and society. Our goal is to achieve a balance between economic, environmental, and social objectives. To support this, we train and raise awareness among our global workforce about ecological and social issues and engage with customers, suppliers, and other stakeholders in this effort.
We contribute to emission reduction and the efficient use of energy.
Climate action: We are committed to addressing climate change and supporting the 2030 Agenda for Sustainable Development. We have developed and are implementing a climate action roadmap focused on reducing our carbon footprint, enhancing energy efficiency, and embedding sustainable practices across our operations to create positive, lasting impacts on the environment and our stakeholders.
In 2024, we further strengthened our commitment by joining the UN Global Compact and by committing to set near-term science-based targets with the Science Based Targets initiative (SBTi).
UN Global Compact
By joining the UN Global Compact, we commit to align our operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption, and to take action in support of Sustainable Development Goals (SDGs). This enhances our ESG profile, builds stakeholder trust, and positions us as being proactive in sustainable business practices, driving long-term value for all our stakeholders.
Science Based Targets initiative
In addition, we committed in 2024 to setting near-term science-based targets with the Science Based Targets initiative (SBTi) to reinforce our dedication to reducing greenhouse gas emissions and combating climate change. This aligns with our sustainability strategy and supports our role as a responsible leader. By setting near-term targets, we ensure our efforts follow proven pathways to limit global warming. The SBTi framework enables us to implement measurable, impactful actions, supporting sustainable growth and fostering trust with stakeholders, customers, and communities.
Annual CDP disclosure
Submitting the annual questionnaire to CDP reinforces Comet’s commitment to transparency in environmental sustainability. This disclosure aligns us with global best practices, showcases our proactive climate efforts, and positions us as a responsible, forward-thinking organization dedicated to sustainable growth.