We recognize our social and environmental responsibilities

We believe the value creation is not only through serving our customers but also from holding ourselves accountable for the impact of our business on the surrounding environment and the society in which we live. Nordic Semiconductor’s vision for sustainability defines business success by integrating responsible practices into our business activities.

SUSTAINABILITY FOR SEMICONDUCTORS

At Magnachip, we are proud to be working towards a better future for ourselves, our customers and the planet. This is reflected in our commitment to environmental sustainability standards and best practice, which are embedded across our organization through various evaluation and oversight systems.

We understand the importance of environmental stewardship and continue to adopt sustainable business practices to manage our operational risks and opportunities, to protect the environment and safeguard our employees and communities.

Our semiconductor products are used in a wide range of high-tech consumer and industrial technologies. Thanks to our differentiated product design and efficient manufacturing processes, our products have enabled gadgets to become slimmer, with longer-lasting batteries and better performance, thereby reducing energy consumption for end-users and alleviating the burden on our planet’s resources.

All our products are Pb-free (lead-free) and have obtained RoHs (Restricted Hazardous Substances) certification. Additionally, we prioritize responsible sourcing and supply chain management to ensure compliance with global and customer environmental standards.

Additional efforts for energy savings include installation of a recycled high-tech water purification system and retrofitting of special air handlers, which are a necessity in the semiconductor manufacturing process.

Environmental Permits and Reporting — All required environmental permits and registrations are obtained, maintained and kept current and their operational and reporting requirements are followed.

Pollution Prevention and Resource Reduction — Waste of all types, including water and energy, are reduced or eliminated at the source or by practices.

Hazardous Substances — Chemical and other materials posing a hazard if released to the environment are identified and managed to ensure their safe handling, movement, storage, recycling and reuse or disposal.

Wastewater and Solid Waste — Wastewater and solid waste generated from operations, industrial processes and sanitation facilities are monitored, controlled and treated as required prior to discharge or disposal.

Air Emissions — Air emissions of volatile organic chemicals, aerosols, corrosives, particulates, ozone depleting chemicals and combustion by- products generated from operations are characterized, monitored, controlled and treated as required prior to discharge.

Product Content Restrictions — Zapnix adheres to all applicable laws and regulations regarding prohibition or restriction of specific substances including labeling laws and regulations for recycling and disposal.

 

Social Responsibility

At Zapnix Semiconductor, our culture is defined by a commitment to innovation, quality, integrity and collaboration. By bringing these values into all of our decisions and actions, each team member contributes to creating a sustainable company, a reliable partner, an excellent workplace and a responsible community member.

Ethical practice and a strong sense of integrity are the foundations of our business operations. Across all our activities, we aim to achieve a dynamic and inclusive workplace that supports creativity, diversity, and open communication, where all our employees feel safe, valued and respected.

Zapnix Semiconductor is committed to responsible sourcing of minerals. Zapnix Semiconductor supports the position of the Global e-Sustainability Initiative (GeSI) and Responsible Business Alliance (RBA) – previously EICC, to avoid the use of Conflict minerals that directly or indirectly finance or benefit armed groups in the Covered Countries.

Zapnix Semiconductor has established programs aligned with the internationally recognized OECD due diligence framework to regularly evaluate its supply chain and require its suppliers to do the same. Suppliers are prohibited from supplying Zapnix Semiconductor with materials known to be derived from the DRC or adjoining countries that have not been confirmed as “DRC Conflict-Free” via a recognized and credible third party process such as the Conflict Free Sourcing Initiative’s Conflict Free Smelter Zapnix Semiconductor Zapnix Semiconductor expects its suppliers to have in place policies and due diligence measures that will assure that products and components supplied to it containing Conflict minerals are Conflict free. In addition, Zapnix Semiconductor requires its direct suppliers to provide it with completed conflict minerals declarations using the RBA/GeSI Conflict Minerals Reporting Template. Zapnix Semiconductor reserves the right to take appropriate actions to enforce this policy, including discontinuing purchases from suppliers that fail to comply with this policy. Based upon information provided by its suppliers, Zapnix Semiconductor does not knowingly use any non Conflict free minerals in its manufacturing.

Labor and Human Rights

Zapnix Semiconductor is committed to ensuring the human rights of our worldwide employee base and treat them with dignity and respect as accepted by the international community.

Freely Chosen Employment. Zapnix Semiconductor does not use any forced, bonded or indentured labor, involuntary prison labor, slavery or trafficking of persons. This includes transporting, harboring, recruiting, transferring or receiving persons by means of threat, force, coercion, abduction or fraud for the purpose of exploitation. All work is voluntary, and workers are free to leave upon reasonable notice. Workers are not required to hand over government-issued identification, passports or work permits as a condition of employment.

Child Labor Avoidance. Child labor is strictly prohibited. As used here, the term “child” refers to any person under the age of 15 (or 14 where the law of the country permits), or under the age for completing compulsory education, or under the minimum age for employment in the country, whichever is greatest. The use of legitimate workplace apprenticeship programs, which comply with all laws and regulations, is permitted. Workers under the age of 18 are not allowed to perform work that is likely to jeopardize their health or safety.

Working Hours. Workweeks do not exceed the maximum set by local law.

Wages and Benefits. Compensation paid to workers complies with all applicable wage laws, including those relating to minimum wages, overtime hours and legally mandated benefits. In compliance with local laws, workers are compensated for overtime at pay rates greater than regular hourly rates. Deductions from wages as a disciplinary measure are not permitted. The basis on which workers are being paid is provided in a timely manner via pay stub or similar documentation.

Humane Treatment. We are committed to a workplace free of harsh or inhumane treatment, and our disciplinary policies and procedures are clearly defined and communicated to workers. Employees cannot threaten another employee with or subject them to any harsh or inhumane treatment, including any sexual harassment, sexual abuse, corporal punishment, mental or physical coercion or verbal abuse.

Anti-Discrimination. We are committed to a workforce free of harassment and unlawful discrimination. Employees are not allowed to engage in discrimination based on race, color, age, gender, sexual orientation, ethnicity, disability, pregnancy, religion, political affiliation, union membership or marital status in hiring and employment practices such as promotions, rewards, and access to training. In addition, employees or potential employees cannot be subjected to medical tests that could be used in a discriminatory way.

Freedom of Association. Zapnix Semiconductor respects the rights of employees to associate freely, join or not join labor unions, seek representation or join workers’ councils in accordance with local laws. Employees are able to communicate openly with management regarding working conditions without fear of reprisal, intimidation or harassment.

Conflict Minerals. Zapnix Semiconductor does not incorporate conflict minerals into items manufactured at Zapnix Semiconductor. Conflict minerals are gold, tin, tantalum and tungsten from conflict mines in and around the Democratic Republic of the Congo. Zapnix Semiconductor has implemented a conflict minerals policy that prohibits the purchase and use of conflict minerals.