Coherent is enabling the convergence of electrification and renewable energy, both of which are essential to the long-term strategy of many governments to reduce their dependency on fossil fuels and lower greenhouse gas emissions while accelerating to be Net Zero. The impact of our silicon carbide technology will speed the electrification of many applications, such as high-efficiency power electronics for electric vehicles, solar and wind energy, and smart grids. Responsible Sourcing: Coherent’s products are manufactured by thousands of suppliers that make up our global supply chain. We are working to implement a transparent due-diligence program that upholds human rights, supports diverse suppliers, and shows leadership in responsible sourcing and engagement practices. Protection of the Environment: We are working to broaden the awareness of environmental sustainability among our employees and incorporate sustainable and circular business practices into our operations. We are focused on reducing our carbon footprint and responsibly managing waste products from our manufacturing processes by minimizing the waste created in our facilities and responsibly disposing of hazardous materials, while reducing water consumption.