Global ESG Activities
Advantest America Volunteers at Bay Area Housing Project for Low-Income Families
On January 28, Advantest America employees volunteered with the nonprofit Habitat for Humanity East Bay/Silicon Valley (EBSV) at Habitat for Humanity’s Esperanza Place location in Walnut Creek, California. For nearly eight hours, Advantest America employees, family, and friends worked with 30 volunteers to perform such tasks as installing walls and flooring, insulating doors, and cutting and painting trim for doors. This provided a great opportunity for volunteers to learn a new skill while giving back to the community to help those in need of affordable housing.
Advantest Collaborates with Singapore Technology University (NTU) to Plant Trees on Campus
Employees of Advantest Singapore participated with local students from Nanyang Technological University (NTU) in a tree-planting event on the university’s campus. Held on February 25, the event aligned with Singapore National Park’s One Million Trees initiative, and Advantest Singapore acted as a corporate sponsor, donating 100 trees to the effort.
A total of 100 people participated in this event, including Advantest employees, members of the Singapore National Parks team, and university students and staff.
Advantest China Participates in Bamboo Forest Conservation Efforts in Anji, Zhejiang
On March 10-12, 30 volunteers from Advantest China participated in a bamboo forest conservation effort in Zhejiang, China. Collaborating with Zhejiang Future Smile Charitable Foundation, Advantest volunteers learned the meticulous process of maintaining and harvesting bamboo, building 170 meters of forest roads and planting 40 bamboo saplings along the trail.
These conservation efforts contribute to combating climate change and decreasing the risk of forest fires.
Advantest was upgraded to “AA” in the 2023 MSCI ESG Rating based on the positive evaluation of our environmental, social, and governance (ESG) initiatives, such as an executive remuneration system that promotes the interests of shareholders.
The highly regarded MSCI ESG Ratings “aim to measure a company’s management of financially relevant ESG risks and opportunities,” according to MSCI. Through analysis of their ESG initiatives, companies are ranked as leaders (AAA, AA), average (A, BBB, BB), or laggards (B, CCC). 2023 marks the first year Advantest has been ranked as a Leader.