Veeco Instruments Inc.
Corporate Sustainability Report
Annex
Fifth Edition
Issued March 2024
Annex: Veeco Sustainability Report | 2 |
Table of Contents
Governance Data | 15 |
SASB Index | 18 |
GRI Content Index | 21 |
Environmental Data
Annex: Veeco Sustainability Report | 4 |
Environmental Data
Unit of Measurement | 2023 | 2022 (3) | 2021 | 2020 | 2019 | ||
Total U.S. Energy Consumption (1) | 37.4 | 45.4 | 41.3 | 40.4 | 41.9 | ||
U.S. Electricity Consumption (100% grid power) | 27.4 | 32.5 | 30.6 | 29.6 | 30.0 | ||
U.S. Natural Gas Consumption | 10.0 | 12.9 | 10.7 | 10.8 | 11.9 | ||
(1 Therm= 2.93001e-5 GWh) | GWh | ||||||
U.S. Renewable Energy Consumption (2) | |||||||
Total Non-renewable Energy Consumption | 27.1 | 33.0 | 30.9 | 31.6 | 33.4 | ||
Total Renewable Energy Consumption | 10.3 | 12.4 | 10.1 | 8.8 | 8.5 | ||
Non-renewable Energy Rate (out of electricity consumption) | 62.3% | 62% | 65.8% | 70.4% | 71.7% | ||
% | |||||||
Renewable Energy Rate (out of electricity consumption) | 37.7% | 38% | 33.2% | 29.6% | 28.3% | ||
Energy Intensity | GWh per Million Dollars Revenue | 0.056 | 0.070 | 0.071 | 0.089 | 0.100 | |
GWh per Employee | 0.031 | 0.037 | 0.038 | 0.041 | 0.044 | ||
- All energy consumption considered comes from within the organization. Total energy consumption encompasses only U.S. consumption (91.4% of our owned and leased space). Historic energy consumption values have changed slightly from our 2021 disclosure due to accounting changes and the incorporation of all U.S. facilities.
- Renewable energy usage has been calculated using supplier specific power mix data where available and EPA eGrid data. Renewable energy accounted for is consistent with Renewable Portfolio Standards (excludes large hydroelectric, nuclear, and some alternative fuels).
- 2022 data has been updated in 2024 Report, to correct a prior electricity usage undererstatement. In our initial release of the March 2023 Sustainability Report, we erroneously disclosed 12.6 GWh of U.S. Natural Gas Consumption, which has now been corrected to state 12.9 GWh. Other affected data points have been adjusted to reflect these two corrections.
Annex Notes
-
All intensity values were calculated by dividing the identified environmental metric (total energy, emissions, water) by the identified denominators. Revenue and employee totals were retrieved from the year's corresponding annual reports
(10K).
Annex: Veeco Sustainability Report | 5 |
Unit of Measurement | 2023 | 2022 (4) | 2021 | 2020 | 2019 | |
Greenhouse Gas Emissions | ||||||
Scope 1 and 2 Emissions (1) | 9,320 | 10,472 | 10,452 | 10,681 | 12,778 | |
Scope 1 | 1,803 | 2,339 | 1,949 | 1,956 | 2,155 | |
Scope 2, market-based | Metric Tons of CO e (2) | 7,517 | 8,132 | 8,503 | 8,725 | 10,623 |
2 | ||||||
Scope 3 (3) | 4,479 | 1,112 | 524 | 526 | 2,343 | |
Category 6: Business Travel | 4,479 | 1,112 | 524 | 526 | 2,343 | |
Metric Tons CO2e of Scope 1 & Scope 2 GHG | 14.0 | 16.0 | 17.9 | 23.5 | 30.5 | |
Emissions per Million Dollars Revenue | ||||||
GHG Intensity | ||||||
Metric Tons CO2e of Scope 1 & Scope 2 GHG | 7.7 | 8.5 | 9.6 | 10.8 | 13.4 | |
Emissions per Employee | ||||||
- Total greenhouse gas (GHG) emissions encompasses only U.S. emissions (91.4% of our owned and leased space). Scope 1 accounts for emissions from stationary natural gas combustion. Scope 2 accounts for emissions from purchased electricity.
-
We utilized the Greenhouse Gas Protocol's methodology for the calculation of scope 1 and 2 emissions. Additionally, we utilized the EPA Center for Corporate Climate Leadership GHG Emission Factors Hub, Green-e Residual Mix emissions rate tables, and supplier-specific emissions factors wherever possible to calculate our scope 1 emissions from stationary combustion and market-based scope 2 emissions. 2019 was selected as our base year, as it was the earliest year with verifiable energy and emissions data required for Scopes 1, 2, and 3 calculations. For 2023, we used a combination of 2023 energy source mixes wherever available, and 2022 mixes for those locations where
2023 data wasn't available. - Scope 3 calculations only include business travel via air and rail for years 2019-2021, and business travel via air for 2022 and 2023 due to lack of availability of rail data for those years. Calculations performed by a third-party global corporate travel manager and based on 2020 UK Governmentt GHG Conversions. Past values have been adjusted to reflect inclusion of rail and additional air travel mileage accounted for by the data providing entity.
- 2022 data has been updated in 2024 issue to account for an electricity and gas usage understatements which appeared in our release of the March 2023 Sustainability Report. This understatement resulted in an underreported emissions disclosure in our report, which is now corrected above. For Scope 1 emissions, we disclosed 8,077 Metric
Tons of CO2e, and for Scope 2 emissions 2,281 Metrics Tons of CO2e, which has now been corrected to reflect 8,132 and 2,339 Metric Tons of CO2e respectively. Other affected metrics have been updated to reflect this correction.
Methodology
-
Our disclosure in 2021 marked Veeco's first public disclosure of GHG emissions. We assumed a conservative and simplistic calculation methodology for our scope 1 and 2 emissions inventory. For our scope 2 emissions in 2021, we
utilized the EPA GHG Equivalencies Calculator that was based on the AVERT U.S. national weighted average CO2 marginal emission rate for 2019. The emissions factor of this national weighted average (7.09 × 10-4 metric tons CO2/kWh) was a gross overestimate of our market-based scope 2 emissions. - We have worked to improve our market-based calculation, having incorporated supplier-specific emissions factors where available and Green-e residual mix data. This methodology change resulted in far lower, but far more accurate emissions estimates for Veeco's U.S. operations. Additionally, it has aligned us to a greater degree with the GHG Protocol methodology and best-practices for emissions calculations.
CDP Disclosure
- In 2021, we made our first public CDP disclosure of Scope 1, 2, and 3 emissions. In that CDP disclosure, our EHS Team double counted emissions for both Scope 1 & 2. Totals in this report are the correctly calculated values. In July 2022, we submitted our second CDP Climate Survey and corrected this mistake.
Annex: Veeco Sustainability Report | 6 | ||||||||||
Unit of Measurement | 2023 | 2022 | 2021 | 2020 | 2019 | ||||||
Water | |||||||||||
Water Stress (2) | |||||||||||
Total U.S. Water Withdrawal (1) | 31.7 | 52.9 | 44.8 | 45.6 | - | ||||||
Horsham, PA | Medium-High(20-40%) | ||||||||||
Horsham, PA | 3.4 | 2.7 | 2.6 | 3.9 | - | ||||||
Plainview, NY | Extremely High (>80%) | ||||||||||
Plainview, NY | 0.8 | 2.5 | 2.2 | 7.3 | - | ||||||
Saint Paul, MN | Low (<10%) | ||||||||||
Saint Paul, MN | Megaliters | 2.1 | 1.4 | 2.0 | 2.8 | - | |||||
San Jose, CA | Low-Medium(10-20%) | ||||||||||
San Jose, CA | 22.8 | 41.9 | 34.4 | 27.7 | - | ||||||
Somerset, NJ | High (40-80%) | ||||||||||
Somerset, NJ | 2.4 | 4.2 | 3.3 | 3.2 | - | ||||||
Waltham, MA | Medium-High(20-40%) | ||||||||||
Waltham, MA(7) | 0.2 | 0.2 | 0.4 | 0.8 | - | ||||||
Bangkok, TH | High (40-80%) | ||||||||||
U.S. Water Withdrawal from Areas of High or Extremely | % | 10.1% | 4.7% | 4.9% | 16.0% | - | |||||
High Water Stress | Hsinchu, TW | Low-Medium(10-20%) | |||||||||
Megaliters of Freshwater Withdrawal per | 0.048 | 0.082 | 0.077 | 0.100 | - | Laguna, PH | Medium-High(20-40%) | ||||
Million Dollars Revenue | |||||||||||
Freshwater Intensity | Munich, DE | Low (<10%) | |||||||||
Megaliters of Freshwater Withdrawal per | 0.026 | 0.043 | 0.041 | 0.046 | - | ||||||
Penang, MY | Low (<10%) | ||||||||||
Employee | |||||||||||
Waste (3)(4)(6) | Seoul, KR | Medium-High(20-40%) | |||||||||
Shanghai, CN | Extremely High (>80%) | ||||||||||
Hazardous Waste | Metric Tons | 18.8 | 16.1 | 17.4 | 26.7 | 29.0 | |||||
Singapore, SG | Low (<10%) | ||||||||||
Hazardous Waste Recycling Rate | % | 48% | 56% | 39% | 32% | 28% | |||||
Tokyo, JP | Medium-High(20-40%) | ||||||||||
Non-hazardous Waste | Metric Tons | 8.1 | 18.5 | 17.3 | 11.4 | 14.6 | |||||
Non-hazardous Waste Recycling Rate | % | 56% | 25% | 46% | 23% | 9% | |||||
E-Waste(5) | Metric Tons | 3.3 | 9.3 | 2.9 | 5.1 | 3.3 | |||||
E-waste Recycling Rate | % | 65% | 31% | 35% | 61% | 68% | |||||
- Veeco only withdrawals freshwater. No disclosure of any other water type is applicable. Water withdrawal values have been updated since our last disclosure due to accounting changes and the incorporation of all U.S. facilities.
- Water stress was identified by utilizing theWRI Aqueduct Water Risk Atlas. The tool's water stress function measures the ratio of total water withdrawals to available renewable surface and groundwater supplies.
- Waste data is primarily collected and administered by our hazardous waste service providers. Select other specialty providers of e-waste and recycling services provide data as well. This data notably omits general office waste and single-stream recycling. We are working to fully account for our complete waste footprint.
- Waste as provided by our hazardous and non-hazardous waste collection providers. Does not include municipal or general office/lab.
waste or single-stream recycling. Data scope does not cover all U.S. facilities or non-hazardous waste types.
- E-wasteincludes batteries, monitors, circuit boards, and other general technology collected and tracked by our hazardous and e-waste service providers.
- Waste data for 2019-2021 in this report differs from what we reported in earlier years as we found that we double counted certain non- hazardous waste and E-waste items. Data reported in this Annex reflects the updated values.
- Due to leasing arrangements, Veeco does not have an individual meter at our Waltham location. Our usage estimate for 2023 is based on square footage and utility proportion. Occupancy has remained constant between 2022 and 2023.
Social Data
Annex: Veeco Sustainability Report | 8 | |||||||
Social Data | ||||||||
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |||
Veeco Global Workforce (1) | ||||||||
Total Workforce (2) | 1215 | 1221 | 1091 | 993 | 954 (3) | 1043 (4) | ||
Full-time Employees | 1198 | 1196 | 1078 | 981 | 944 | 1037 | ||
Part-time Employees | 8 | 16 | 5 | 2 | 3 | 2 | ||
Interns | 9 | 9 | 8 | 10 | 10 | 6 | ||
Employment Type by Gender | ||||||||
Full-time Employees | ||||||||
Male | 985 | 982 | 887 | 804 | 781 | 865 | ||
Female | 211 | 214 | 191 | 177 | 162 | 170 | ||
Other Gender Identity | 0 | 0 | 0 | 0 | 1 | 2 | ||
Part-time Employees | ||||||||
Male | 13 | 12 | 3 | 1 | 2 | 1 | ||
Female | 6 | 4 | 2 | 1 | 1 | 1 | ||
Intern | ||||||||
Male | 7 | 7 | 5 | 7 | 8 | 4 | ||
Female | 2 | 2 | 3 | 3 | 2 | 2 | ||
- All reported employee data is as of calendar year-end, unless otherwise specified.
- A significant portion of the organization's activities are not performed by temporary or non-employees, nor are there any seasonal or other significant variations in the disclosed data. This data only accounts for payroll employees.
- This value was reported in our 2020 10K. Our total workforce value for that filing did not include part-time employees.
- This value was reported in our 2019 10K. Our total workforce value for that filing did not include part-time employees.
Annex: Veeco Sustainability Report | 9 |
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
Contract by Region | ||||||
Regular | ||||||
Asia-Pacific | 267 | 262 | 235 | 220 | 220 | 267 |
Europe | 55 | 42 | 40 | 37 | 36 | 37 |
North America | 874 | 900 | 798 | 723 | 686 | 735 |
Temporary | ||||||
Asia-Pacific | 2 | 3 | 5 | 1 | 3 | 0 |
Europe | 1 | 0 | 0 | 0 | 0 | 0 |
North America | 7 | 5 | 5 | 2 | 2 | 0 |
Intern | ||||||
Asia-Pacific | 0 | 0 | 0 | 0 | 0 | 0 |
Europe | 0 | 0 | 0 | 0 | 0 | 0 |
North America | 9 | 9 | 8 | 10 | 10 | 6 |
Voluntary Turnover | ||||||
Voluntary Turnover Rate | 7.2% | 9.4% | 9.2% | 6.8% | - | - |
Annex: Veeco Sustainability Report | 10 |
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
Gender Representation by Contract | ||||||
Regular | ||||||
Male | 983 | 987 | 885 | 803 | 780 | 866 |
Female | 215 | 217 | 188 | 177 | 161 | 171 |
Other Gender Identity | 0 | 0 | 0 | 1 | 2 | |
Temporary | ||||||
Male | 8 | 7 | 5 | 2 | 3 | 0 |
Female | 0 | 1 | 5 | 1 | 2 | 0 |
Intern | ||||||
Male | 7 | 7 | 5 | 7 | 8 | 4 |
Female | 2 | 2 | 3 | 3 | 2 | 2 |
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Disclaimer
Veeco Instruments Inc. published this content on 19 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2024 13:10:08 UTC.