Environment, Social and Governance (ESG)
Marvell is committed to being a responsible citizen in each country in which we conduct our business
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Environment, Social and Governance
Marvell is committed to conducting our business with integrity and by complying with the applicable laws, regulations and requirements set forth in the Responsible Business Alliance (RBA) Code of Conduct.
As a responsible citizen in each country in which we operate, our commitment extends to environmental, social and governance (ESG) considerations, including:
- Conducting business in a socially responsible and ethical manner
- Upholding human rights
- Protecting the environment and the health and safety of our people
- Supporting the communities and cultures within which we work
This commitment is ingrained in our core behaviors which define who we are as a global company and how we conduct our relationships with each other and our customers, suppliers, competitors, shareholders and communities. Marvell behaviors are: act with integrity and treat everyone with respect; innovate to solve customer needs; execute with thoroughness and rigor; and help others achieve their objectives.
Business Ethics and Governance
Marvell Code of Business Conduct and Ethics (“The Code”)[1] emphasizes our commitment to maintaining the highest standards of integrity and corporate governance practices in our daily operations, and to promote confidence in our governance systems. We conduct our business in an open, honest, and ethical manner by prohibiting corrupt activities, practicing fair competition, and complying with applicable laws and regulations
Environment, Health and Safety
Marvell is committed to protecting the health and safety of all individuals affected by our activities, including our employees and contractors. Marvell will provide a safe and healthy working environment and will not compromise the health and safety of any individual. Our goal is to have no accidents and to mitigate impacts on the environment by working with our stakeholders, peers and others to promote responsible environmental practices and continuous improvement.
We are committed to environmental protection and recognize that resource conservation, preventing or reducing pollution, and developing energy efficient products are key to a sustainable environment. We work to effectively integrate these concepts into our day-to-day activities.
Everyone at Marvell is responsible and accountable for contributing to a safe working environment and supporting our environmental commitment.
Stakeholder Relations
Marvell is committed to meeting the reasonable expectations and interests of its stakeholders and to engaging with them in a transparent and ethical manner, including employees, customers, shareholders, suppliers and governments.
Labor and Human Rights
Marvell is committed to honoring human rights in conformance with the International Labour Organization (ILO) standards. Marvell’s Human Rights Policy provides our commitment to protecting the human rights of all, including minorities and women. We will not tolerate human rights abuses, including but not limited to harsh or inhumane treatment, and will not engage or be complicit in any activity that solicits or encourages human rights abuses. We strive to build trust, deliver mutual advantage and demonstrate respect for human dignity and rights in our relationships, including respect for cultures, customs and values of individuals and groups.
We apply fair labor standards and practices, while respecting the laws and regulations of countries and communities where we operate. We are committed to providing equal opportunity in all aspects of employment, including equitable compensation for work performed, and will not engage in or tolerate unlawful or unethical workplace conduct, such as discrimination, intimidation, harassment, or retaliation. Employees shall enjoy the freedom of association.
The Code of Business Conduct and Ethics provides our commitment that we will not engage in child labor or forced labor and that we are committed to preventing these practices in our operations and the supply chain. In addition to following applicable working hour laws and regulations, we support working hour limits of 60 hours, including overtime, and at least one day off every seven-days except in emergency or unusual situations.
Community Investment
Marvell aims to contribute to community outreach programs to help enhance the quality of life in our communities by supporting innovative programs in education, technology and social services.
Applicability
This Policy applies to activities undertaken by or on behalf of Marvell Technology Group Limited and its subsidiaries. All employees, suppliers, vendors and partners are responsible for adopting the Corporate Social Responsibility considerations described in this policy into their day-to-day work activities, and into their decision-making in our business activities. Marvell’s management is responsible for ensuring that appropriate organizational structures are in place to effectively identify, monitor, and manage Corporate Social Responsibility issues and performance relevant to our businesses.
Our People
Marvell seeks to attract, retain and develop the highest quality talent. To support these objectives, Marvell’s human resources programs, which include talent acquisition, total rewards, and learning & development, are designed to acquire talent and facilitate internal talent mobility to create a high-performing, diverse workforce. Our programs reward and support employees through competitive pay, benefit, and perquisite programs, as well as enhance the Company’s culture through efforts aimed at making the workplace more engaging and inclusive and develop talent to prepare them for critical roles and leadership positions for the future. Marvell is are proud to offer a benefits package that encourages work-life balance, personal well-being and financial wellness. Please see our Benefits website for more details: https://marvellbenefits.com/. Learn more about Inclusion and Diversity at Marvell.
ESG Governance
The Nominating & Governance Committee has oversight of ESG and receives quarterly updates on Marvell’s ESG performance. Marvell runs an executive-level ESG Committee to provide senior leadership and strategic guidance on ESG, as well as ESG Working Groups who are responsible for gathering data, setting strategy and goals, and supporting disclosure efforts on material ESG topics.
[1] The Code applies to all Marvell employees and members of the Board of Directors. We expect all Marvell independent contractors, consultants, suppliers and others who do business with Marvell to comply with this or a comparable code, as set forth in Marvell’s Supplier Code of Conduct, which may be found at www.marvell.com.
RBA Member
Marvell is a member of RBA, a coalition of the world’s leading electronics companies working together to improve efficiency and social, ethical, and environmental responsibility in the global supply chain.
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