The Sustainability Report for 2023 has been published
For us at Okmetic, sustainability means building profitable and ethically sustainable business, acting responsibly towards our personnel and other stakeholders, and making environmentally responsible choices. We publish an annual sustainability report in which we describe our sustainability activities. The report for 2023 has now been published.
2023 was a difficult year for Okmetic and the entire semiconductor market. The global market downturn started already at the end of 2022 and continued throughout 2023. The silicon wafer market declined by approximately 15% from the previous year. During the year, we took many measures to minimize the impact of low demand. We reviewed operations and implemented cost savings throughout the organization to avoid personnel adjustments.
Despite the difficult year, we kept our sustainability promises and operations were in line with them. We focused on our mission, which is to develop and provide customers with high-quality silicon wafers that meet their requirements for efficiency, accuracy, and safety in their products.
We have adopted The Responsible Business Alliance’s (RBA) Code of Conduct as guidelines for socially responsible operations. This Code of Conduct categorizes social responsibility as follows:
- responsibility for personnel
- responsibility for occupational safety and health
- responsibility for the environment
- business ethics
- management system
Read Okmetic’s Sustainability Report 2023.
The report is published in Finnish and in English as a pdf document on our website. The next report will be published in early 2025.
