GRI Content Index

GRI Content Index
ANTI-CORRUPTION & ETHICS Ethics Code outlining expected behaviors, practices and training (includes anti-corruption) x x
EMPLOYEE ATTRACTION & RETENTION Competition for Talent x  
Employee Engagement & Retention
Training & Development
Work/Life Balance
EMPLOYEE SAFETY & WELLBEING Employee Health & Safety x  
Energy consumption - renewable and non-renewable
HUMAN RIGHTS & LABOR ISSUES Human rights in the Supply Chain   x
Responsible Materials Sourcing
Restricted Substances
Conflict Minerals
DIVERSITY & INCLUSION Diverse workforce and leadership team x x
Anti-competitive behavior
Patent Litigation
PRODUCT LIFE CYCLE MANAGEMENT Sustainable Product Design/ LCA   x
Product Energy Efficiency
Hazardous or harmful materials in products
REGULATORY COMPLIANCE Compliance with environmental and social regulations x  
SUSTAINABLE ECONOMIC GROWTH Increasing shareholder value while maximizing other stakeholder benefits x x
WASTE MANAGEMENT Operational recycling and reuse x  
Hazardous & non hazardous solid waste
Toxic emissions
Wastewater effluents
WATER MANAGEMENT Reducing/reusing and recycling water x  
Wastewater complies with regulatory limits
GRI General Disclosures
102-1 Name of the organization Monolithic Power Systems, Inc. (NASDAQ:MPWR)
102-2 Activities, brands, products, and services About MPS
102-3 Location of headquarters 5808 Lake Washington Blvd. NE  Kirkland, WA 98033, USA 
102-4 Location of operations About MPS
102-5 Ownership and legal form MPS Proxy Statement
102-6 Markets Served SEC Form 10-K
102-7 Scale of the organization SEC Form 10-K
102-8 Information on employees and other workers Please see the SEC Form 10-K and the MPS ESG Report on Social Responsibility
102-9 Supply chain Information can be found in the MPS ESG Report on Social Responsibility and Vendor Code of Conduct
102-10 Significant changes to the organization and its supply chain In fiscal year 2020, MPS made no significant changes to the organization's size, structure, ownership and supply chain.
102-11 Precautionary Principle or approach Our precautionary approach is reflected in our Code of Social Responsibility and our Code of Ethics and Business Conduct
102-12 External initiatives

MPS recognizes the following voluntary environmental and social charters/ standards/sets of guiding principles:

  • ISO 14001 EMS Standard

  • Responsible Business Alliance (RBA) Code of Conduct

  • GRI Sustainability Reporting Standards

  • CDP

102-14 Statement from senior decision-maker MPS Commitment to Sustainability
102-15 Key impacts, risks, and opportunities SEC Form 10-K
102-16 Values, principles, standards, and norms of behavior Information can be found in the MPS Code of Ethics and Business Conduct and Vendor Code of Conduct
102-17 Mechanisms for advice and concerns about ethics Our whistleblower protections are documented in our MPS Whistleblower Policy
102-18 Governance structure Description of MPS' Corporate Governance
102-20 Executive-level responsibility for economic, environmental, and social topics MPS ESG Report on Corporate Governance
102-22 Composition of the highest governance body and its committees MPS Proxy Statement
102-23 Chair of the highest governance body MPS Proxy Statement
102-24 Nominating and selecting the highest governance body Information can be found in the MPS Proxy Statement and the MPS ESG Report
102-25 Conflicts of interest Information can be found in the MPS Proxy Statement and the MPS ESG Report
102-28 Evaluating the highest governance body’s performance MPS Proxy Statement
102-29 Identifying and managing economic, environmental, and social impacts MPS ESG Report
102-31 Review of economic, environmental, and social topics MPS ESG Report
102-32 Highest governance body’s role in sustainability reporting MPS ESG Report on Corporate Governance
102-35 Remuneration policies Information can be found in the MPS Proxy Statement and the MPS ESG Report
102-38 Annual total compensation ratio MPS Proxy Statement
102-44 Key topics and concerns raised MPS Proxy Statement
102-45 Entities included in the consolidated financial statements SEC Form 10-K
102-46 Defining report content and topic Boundaries We determined the focus of this report through engagement and consultation with our ESG Steering Team, our employees and key external stakeholders such as our investors.
102-47 List of materials

MPS' priority ESG topics include:

  • Anti-Corruption & Ethics
  • Diversity & Inclusion
  • Employee Attraction & Retention
  • Employee Safety & Wellbeing
  • Energy Efficiency & Climate Change
  • Human Rights & Labor Issues
  • Intellectual Property Protection & Competitive Behavior
  • Product Life Cycle Management/Materials Use
  • Regulatory Compliance
  • Sustainable Economic Growth
  • Waste Management
  • Water Management
102-48 Restatements of information No restatements issued
102-49 Changes in reporting No changes in reporting
102-50 Reporting period

The highlights and metrics shared in this report cover fiscal years 2017 through 2021, though some data is on a rolling 12 month or calendar year basis

102-51 Date of most recent cycle December, 2021
102-52 Reporting cycle MPS plans to release Corporate Responsibility Reports on an annual basis.
102-53 Contact point for questions regarding the report MPS Investor Relations 
102-55 GRI content index This GRI Content Index Table.

GRI Specified Standard Disclosures - Economic

Updated annually in August

201-1  Direct economic value generated and distributed SEC Form 10-K
201-3 Defined benefit plan obligations and other retirement plans SEC Form 10-K
205-1 Operations assessed for risks related to corruption Corruption, extortion, and embezzlement, in any form, are strictly prohibited within any MPS operations or external suppliers. Evidence of corruption may result in immediate termination as an MPS supplier and in legal action. Additional references: Code of Social Responsibility, Vendor Code of Conduct, and Anti-Bribery and Corruption Policy
205-2 Communication and training about anti-corruption policies and procedures MPS enables and requires all employees to receive training regarding ethics and anti-corruption practices. Additional reference: Code of Ethics and Business Conduct, Whistleblower Policy, Anti-Bribery and Corruption Policy
205-3 Confirmed incidents of corruption and actions taken If allegations of corruption are brought to our attention, we work to investigate and resolve them appropriately and disclose material, substantiated incidents as appropriate. We utilize a third party to facilitate this process.
Their link is here:
Information can also be found here: MPS Whistleblower Policy
GRI Specific Standard Disclosures - Environment
301-2 Recycled input materials used We utilize a fabless manufacturing model.  Where feasible, we also collect waste from our processes for reuse and for fuel purposes. During construction projects, we give preference to materials containing recycled products, although we do not currently track the total amount of recycled material purchased for these projects.
301-3 Reclaimed products and their packaging materials Currently, we are unable to determine the percentage of products reclaimed by customers or end users. Although we cannot control how customers handle the semiconductors they place in their products, nor their product’s end-of-life issues, we provide information about the substances used in our components so that customers can make informed decisions about end-of-life disposal.
302-1 Energy consumption within the organizations We consumed 16,869,320Kwh at our Chengdu facility in 2020. We currently only report energy and emissions data for this site but have the goal of reporting for all our locations in 2022.
302-4 Reduction of energy consumption MPS ESG Report on Environment
303-2 Management of water discharge-related impacts MPS ensures compliance with all elements of the permits of operations that receive, treat and recycle or discharge water outflows. These permits reflect the standards used for the quality of effluent discharge.
303-3 Water withdrawal MPS sources water from third parties. In 2020, our Chengdu operations used approximately 24.1 megaliters of water. This is up from the 22.4 megaliters consumed the prior year.
303-4 Water discharge MPS sites discharge water to third parties (publicly-owned treatment works operations). In 2020 our Chengdu operations discharged approximately 19.2 megaliters, up from the 18.0 megaliters discharged in the prior year. 
305-1 Direct (Scope 1) GHG emissions Scope 1 GHG emissions for our Chengdu operations was 44.9 metric tons in 2020, down from the 47.3 metric tons the prior year.
305-2 Energy indirect (Scope 2) GHG emissions Scope 2 GHG emissions for our Chengdu operations was 13,512 metric tons in 2020, up from the 11,414 metric tons the prior year.
305-5 Reduction of GHG emissions We do not currently have GHG reduction targets but have executive-level goals in place to establish reduction targets by 2023.
306-2 Waste by type and disposal method MPS reports it's non-hazardous waste voluntarily via the RBA Environmental survey. In 2020 our Chengdu facility recycled 218 metric tons, down from 238 metrics tons in the prior year.
307-1 Non-compliance with environmental laws and regulations No significant fines or non-monetary sanctions for non-compliance occurred during this reporting period
308-1 New Suppliers that were screened using environmental criteria All new key manufacturing suppliers are required to abide by the requirements set forth in our Vendor Code of Conduct
GRI Specified Standard Disclosures - Social
401-1 New employee hires and employee turnover Information related to employee hiring and turnover is very competitive in our industry. We disclose selected data on our new hires. In 2020, 64% of new hires were between the ages of 26 and 35, compared with 63% the year before. 23% of new hires in 2020 were between the ages of 18 and 25, compared with 22% in 2019. 7% of new hires in 2020 were between the ages of 36 and 45, compared with 10% in 2019. 6% of our new hires were older than 45, compared with 5% in 2019. In 2020, 46% of new hires were women, compared to 42% in 2019.
Worldwide turnover for the company in 2020 was 8%, compared with 7.5% in the prior year. Worldwide turnover for women in the company in 2020 was 7.5%, compared to 7.8% in 2019.
401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees

The following benefits are provided for full-time employees that are not provided to part-time employees:

  • Healthcare plans for employees and eligible family members
  • Life and disability insurance
  • Retirement benefits
  • Paid time off
403-6 Promotion of worker health Our Worker Health and Safety Plan is certified by ISO45001.
404-1 Average hours of training per year per employee MPS does not currently track annual employee development training hours.
404-2 Programs for upgrading employee skills and transition assistance programs

MPS has an online library of courses and training materials to help employees maintain and advance their skills.

MPS Careers

404-3 Percentage of employees receiving regular performance and career development reviews 100% of our managers are required to conduct annual performance reviews for the employees on their teams and set goals for each employee.
405-1 Diversity of governance bodies and employees MPS reports on percentage of individuals within the organization’s governance bodies from a gender perspective, and on our total global workforce by gender and age. We also report our new hires by age and gender. Additional reference: MPS ESG Report
405-2 Ratio of basic salary and renumeration of women to men We are committed to gender pay equity. We conduct annual compensation reviews for all employees. 
412-2 Employee training on human rights policies or procedures All of new employees receive training on preventing harrassment in the workplace. Additional reference: Code of Ethics and Business Conduct
413-1 Operations with local community engagement, impact assessments, and development programs MPS ESG Report
415-1 Political contributions MPS does not participate in political contribution activity, whether directly or indirectly.
416-1 Assessment of the health and safety impacts of product and service categories MPS is in compliance with relevant regulations around substances of concern (REACH, RoHS, ELV, Battery Directive). MPS' Policy on Restricted and Hazardous Substances defines the policy and procedures with respect to banned and restricted substances to provide a product compliant with applicable environmental product regulations and requirements.
416-2 Incidents of non-compliance concerning the health and safety impacts of products and services No incidents of non-compliance with regulations and/or voluntary codes were identified during this reporting period.
419-1 Non-compliance with laws and regulations in the social and economic area No significant fines or non-monetary sanctions for non-compliance occurred during this reporting period