Newsweek ranks Lumentum third in Software and
Telecommunications Industry
SAN
JOSE, Calif., Jan. 19,
2023 /PRNewswire/ -- Lumentum Holdings Inc.
("Lumentum"), a market-leading designer and manufacturer of
innovative optical and photonic products, has been named by
Newsweek as one of America's Most Responsible Companies for a
second consecutive year.
In partnership with global research and data firm Statista Inc.,
Newsweek Inc., a global digital news organization, assessed the top
2,000 publicly listed, U.S. headquartered companies and ranked the
most responsible companies according to the three key pillars of
ESG: environment, social, and corporate governance. Scoring was
determined by two metrics: publicly available key performance
indicators derived from corporate social responsibility (CSR)
reports and an independent survey on the perception of companies'
CSR activities among U.S. residents.
Lumentum's ranking improved significantly from 2022 to
2023–moving to 31st in the overall rankings and third
within the Software and Telecommunications sector, versus
122nd and 8th, respectively. The company
earned an ESG score of 85.03 out of 100, including an Environmental
score of 93.08.
"We are honored to be recognized by Newsweek, along with other
top companies committed to a more sustainable future," said
President and CEO Alan Lowe. "This
recognition validates Lumentum's outstanding progress toward its
CSR goals as we strive to reduce our environmental impact, improve
the lives of others, and shape a culture that prioritizes a
brighter future for the world."
America's Most Responsible Companies 2023 list is available now
on Newsweek's website. For more information about Lumentum's CSR
practices and reporting, visit its CSR webpage.
About Lumentum
Lumentum (NASDAQ: LITE) is a market-leading designer and
manufacturer of innovative optical and photonic products enabling
optical networking and laser applications worldwide. Lumentum
optical components and subsystems are part of virtually every type
of telecom, enterprise, and data center network. Lumentum lasers
enable advanced manufacturing techniques and diverse applications,
including next-generation 3D sensing capabilities. Lumentum is
headquartered in San Jose,
California, with R&D, manufacturing, and sales offices
worldwide. For more information, visit www.lumentum.com and
follow Lumentum on LinkedIn, Twitter, Facebook, Instagram, and
YouTube.
Contact Information:
Investors: Kathy Ta,
408-750-3853; investor.relations@lumentum.com
Media: Christina Itzkowitz,
781-929-0565; media@lumentum.com
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SOURCE Lumentum