Monolithic Power System’s Commitment to the Environment, Social Responsibility and Governance (ESG)
Since MPS was founded 23 years ago, we have delivered highly efficient power solutions, emphasizing ease of use and time to market, for the benefit of our customers. Today our solutions are integrated into billions of our customers’ electronic devices worldwide. Our high-performance power solutions use electricity efficiently, which will allow meaningful reductions of carbon footprints for the customer end products that incorporate our solutions. Some of the customer end products in use every day containing our solutions are:
- Computer servers powering data centers and artificial intelligence applications
- Commercial building environmental controls and industrial electronic equipment
- USB-based battery chargers
- Advanced driver-assistance systems (ADAS)
- Gaming platforms
Delivering quality products consistently to our customers and achieving the ESG principles outlined in this report are made possible by our ability to attract and retain world-class talent. Our company culture places high importance on diversity and fairness, and often encourages employees to get involved in volunteer efforts about which they are passionate. Our Board of Directors guide our ESG compliance by overseeing management’s efforts regarding environmental, social and corporate governance practices.
Many of our customers hold us to high standards for ethical and sustainable business practices. Similarly, we hold our key manufacturing suppliers to the same high standards by requiring them to sign our Vendor Code of Conduct. We perform routine audits to ensure their compliance to these standards.
Our ESG Disclosures reference the Global Reporting Initiative (GRI) Standards, the most widely used corporate social responsibility reporting framework in the world. We believe this approach enhances global comparability and enables organizations like ours to be transparent and accountable.
Through focused efforts on corporate social responsibility, we demonstrate our values to our customers, employees, shareholders and broader community every day. We appreciate your interest in our company.