SAN JOSE, Calif., November 21, 2024--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, has released its 2024 Environmental, Social, and Governance (ESG) Report. This report outlines Credo’s continued dedication to environmental stewardship, diversity and inclusion, and ethical governance.

Since its inception, Credo has been guided by principles of integrity, accountability, and a dedication to making a positive impact. The 2024 ESG report reflects this foundation, highlighting new advancements in environmental management, supply chain transparency, and employee empowerment programs. This year, Credo expands on its ESG efforts, particularly around Greenhouse Gas (GHG) emissions measurement protocols, community engagement, and initiatives to foster an inclusive, supportive workplace.

"Incorporating ESG into our business isn’t just about compliance; it’s about building a future that aligns with our values of responsibility, transparency, and accountability. Our ESG journey reflects our belief that Credo can, and should, be a force for positive change," said Bill Brennan, President & CEO of Credo.

At Credo, our commitment to responsible growth and social impact goes hand-in-hand with delivering industry-leading technology with improved energy efficiency, thereby providing an opportunity for customers to reduce their environmental footprints. Our 2024 ESG Report highlights our progress related to ESG while laying out our vision for continuous improvement in this space. Credo’s ESG journey is a testament to the hard work and dedication of our employees, who bring our vision to life through their expertise, passion, and drive to make a difference.

To view Credo’s full 2024 ESG Report and learn more about the company’s sustainability initiatives, visit Credo’s ESG page.

About Credo

Our mission is to deliver high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. Credo is an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Our innovations ease system bandwidth bottlenecks while simultaneously improving on power, security, and reliability. Our connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100G (or Gigabits per second), 200G, 400G and 800G port markets. Our products are based on our proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Our product families include integrated circuits (ICs), Active Electrical Cables (AECs) and SerDes chiplets. Our intellectual property (IP) solutions consist primarily of SerDes IP licensing.