Analog Devices, Inc. (ADI) is a leading global technology company—designing and manufacturing technical products, solutions, and ecosystems that fully understand the world around us and help make it better. ADI captures data where it is born, at the intersection of the digital and physical worlds, and converts it into intelligence that helps customers solve complex problems faster and with greater impact. ADI fuses together deep domain knowledge, cutting-edge technology, and the most ingenious problem solvers to take on the toughest technical challenges across diverse sectors. From autonomous transport and industrial automation to healthcare and communications, ADI offers high performance integrated circuits, algorithms, software, and systems to better sense, measure, interpret, connect, secure, and power the digital and physical worlds.
Analog Devices, Inc.
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3.7
Overall Excellence Rating
Industry
Internet of Things (IoT)Category
Electronics ManufacturingESG/Ethical Impact
Since our founding 58 years ago, ADI has been driven by a deep sense of purpose and a desire for the impact of our work and innovations to reverberate across all stakeholders – employees, customers, partners, communities, and investors. Providing inspiring and rewarding work for our employees, partnering with our customers and suppliers for mutual business success, and focusing on both our investors and the communities in which we operate has enabled us to deliver tremendous impact at the human, societal, and planetary scales for nearly sixty years. ADI’s long-term strategy lays out the path by which we will accelerate technology breakthroughs at the Intelligent Edge and deliver sustainable, profitable growth that will expand and extend our impact for decades to come. Within this framework, ESG is more than an initiative. It is a natural outcome of our long- term focus and a guiding principle informing every element of our organization and operation. We have established aggressive ESG goals for ourselves and our value chain to ensure progress toward the high standards we espouse. Within our manufacturing operations, we are engineering and implementing more efficient tooling, abatement systems, and water reclamation practices to recycle and reduce the overall amount of water we withdraw. Today, 25% of our water is recycled. We are also making substantial progress on reducing waste in our manufacturing operations, and today, 90% of our waste is diverted from landfills. We are on track to achieve our goal of 100% renewable energy use by the end of 2025 and have reduced our Scope 1 and 2 emissions by 7.2% compared to our 2019 baseline. When you consider our substantial growth over the same period, however, our Scope 1 and 2 greenhouse gas (GHG) emissions intensity has dropped by an impressive 37%. In addition, we have begun sharing our Scope 3 upstream emissions in this year’s report as part of our Net Zero commitment. On the social side, we are deeply committed to our employees’ well-being and ensuring proper treatment of those working in our value chain. In practice, that means providing a work environment at ADI where diversity, belonging, and integrity are valued and where our employees can achieve their highest professional and personal aspirations. In 2022, 25% of our people managers globally were female. In the US, 7% of our employees identified as Black, Hispanic, or Latinx. While we are pleased with the progress we have made in these areas, there is still much to do, and we will not rest until we achieve our full goals.
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Awards Received
2023
Revenues
$12,010,000,000.00
Website Traffic
Employee Rating
4.1
Customer Rating
4.2
Company Size
10000+
ESG Risk Rating
3