Lumentum Holdings Inc..
LITE.US | Manufacture of electronic components and boards
Lumentum Holdings Inc. is a global provider of optical and photonic products. The company designs, manufactures, and sells a range of optical components, modules, and subsystems used in various applications, including optical communications networks, data centers, 3D sensing, and industrial applicat...Show More
Better Health for All
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No specific, concrete data points were found in the provided articles to assess Lumentum Holdings Inc. against any of the KPIs for the 'Better Health for All' value.
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The articles either indicated no information was available for the company or were advertisements without relevant data.
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Fair Money & Economic Opportunity
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No evidence available to assess Lumentum Holdings Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
0
In 2025, the CEO-to-median employee pay ratio was 2884:1.
1
As of FY24, 32% of the 7,700 employees are covered by collective bargaining agreements.
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The Total Recordable Incident Rate (TRIR) was 0.07 in FY24.
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For Lumentum Technology UK Limited in 2023-24, women earned 72p for every £1 earned by men in median hourly pay, and their median bonus pay was 82.6% lower than men's.
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The overall employee engagement index was 72 in FY24, with a 90% participation rate.
5
Voluntary employee turnover was 1,552 in FY24.
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The company reported zero incidents of discrimination in FY24 and zero substantiated complaints concerning breaches of customer privacy or data leaks.
7
In FY24, less than 1% of the workforce was on insecure contracts.
8
Fair Trade & Ethical Sourcing
-30
Lumentum requires third-party audits for contract manufacturers every 2 years, while internal manufacturing sites undergo annual audits.
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In FY24, one incident was identified where a supplier charged recruitment fees to workers, which the supplier immediately ceased and established a corrective action plan.
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For conflict minerals, over 95% of surveyed suppliers submitted a completed Conflict Minerals Reporting Template, and 79% of 3TG smelters and refiners are verified as RMAP conformant or are actively undergoing assessment.
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The company requires 100% of employees, governance body members, and in-scope suppliers to receive its Code of Business Conduct or Supplier Code of Conduct, which addresses ethics and anti-corruption.
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Lumentum also increased its coverage of upstream suppliers to 90% of direct spend to define its roadmap toward SBTi targets.
5
Honest & Fair Business
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No specific, concrete evidence was found in the provided articles for any of the KPIs related to Honest & Fair Business. The articles primarily detail financial performance, SEC filing availability, and general corporate information, but do not contain information on regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification of ethical claims.
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Kind to Animals
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No evidence available to assess Lumentum Holdings Inc. on Kind to Animals.
No War, No Weapons
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No evidence available to assess Lumentum Holdings Inc. on No War, No Weapons.
Planet-Friendly Business
-40
Lumentum's total Scope 1, 2, and 3 greenhouse gas emissions for fiscal year 2024 were 686,701 tCO₂e, with Scope 1 and 2 emissions decreasing by 38% compared to FY23.
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The company's near-term (2030) and long-term (2050) science-based targets for GHG emissions, including Scope 3, were approved by the Science Based Targets initiative (SBTi) in fiscal year 2025.
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Lumentum aims for net-zero Scope 1 and 2 emissions by 2030.
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In FY24, 79% of the company's electricity was procured from renewable sources, an increase from 61% in FY23, and 14 sites now use 100% renewable electricity.
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Water withdrawal per $1 million revenue was 467.6 m³ in FY24, and the company has a goal to reduce annual water withdrawal by 5% by FY26.
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In FY24, 82% of non-hazardous waste was diverted from landfill, with a target to increase this to 90% by FY27.
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The company had zero environmental compliance violations in FY24.
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Lumentum responds to CDP's Climate Change Questionnaire, aligning with TCFD recommendations, and maintained a B rating in 2024.
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Product life cycle assessments (LCAs) have been conducted on transport products, specifically three product lines.
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The company increased coverage of upstream suppliers to 90% of direct spend, and 30% of suppliers are targeted to have SBTi-aligned targets by FY28.
10
Respect for Cultures & Communities
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Lumentum reported zero cultural appropriation incidents in its FY24 Corporate Sustainability Report.
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The company provides grievance mechanisms, specifically an EthicsPoint hotline, but the coverage across operational sites or whether these are community-specific is not detailed, thus it aligns with standard grievance processes.
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For charitable giving focused on cultural heritage, the company donated $120,181 USD in FY24.
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With a reported revenue of $1.36 billion in FY24, this donation represents approximately 0.0088% of revenue, which falls below the 0.5-2% threshold for the -50 tier, placing it in the general charitable giving category without a specific cultural heritage focus.
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Safe & Smart Tech
10
Lumentum reported zero cybersecurity incidents and zero substantiated complaints concerning breaches of customer privacy or data leaks in its FY24 report, and no data breaches in its 2021 report.
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100% of employees complete IT security training annually.
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The company's headquarters and Thailand sites are ISO 27001-2022 certified.
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Lumentum uses AES encryption for data transfers to its IT systems.
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The privacy policy, updated November 12, 2024, states that data is retained only as long as necessary, with exceptions for legal requirements.
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It also details user rights to access, update, correct, restrict, delete, and transfer data, and to withdraw consent, with a Data Subject Access Request (DSAR) form available.
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The company conducts monthly scans of all systems to identify threats and vulnerabilities and performs patch updates for all systems.
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Regular breach simulation exercises are also conducted.
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Lumentum notes compliance with GDPR, CCPA, Brazil's LGPD, and China's PIPL.
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A privacy management framework has been enhanced, including TrustArc implementation.
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Zero Waste & Sustainable Products
-30
Lumentum achieved an 82% waste diversion rate from landfill.
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The company has a target to achieve a 90% diversion rate for non-hazardous waste from landfill by FY27.
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Circular economy principles are incorporated into new product design through its Product Development Process, including integrated climate assessments and sustainable engineering design guidelines, and commercial laser products are refurbished.
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The company has implemented various waste reduction and diversion strategies across its sites, such as reusing nitrile gloves, diverting food waste to composting, and recycling wooden shipping crates.
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Specific Kaizen projects at one facility resulted in a 75% decrease in wipe usage and a 90% decrease in paper.
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Lumentum reported zero significant environmental fines or non-monetary sanctions for waste disposal violations in the past three years.
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Hazardous waste is tracked, managed with third-party vendors, and handled in adherence to local laws.
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Waste audits are conducted at all sites, and the company has improved its waste data quality and categorization methodology.
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Suppliers are required to sign a Supplier Code of Conduct outlining environmental requirements.
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