Onto Innovation Joins Responsible Business Alliance
July 13 2021 - 6:30AM
Business Wire
Company reaffirms commitment to the environment
and global community
Onto Innovation Inc. (NYSE: ONTO) today announced that it has
joined the Responsible Business Alliance (RBA) as an Affiliate
Member. As a member of the alliance, Onto Innovation supports the
vision and goals of the RBA, a nonprofit organization committed to
supporting the rights and well-being of workers and communities
worldwide affected by global supply chains.
Founded in 2004, the RBA is a coalition of companies driving
sustainable value for workers, the environment, and business
throughout the global supply chain. The RBA encourages the
collaboration of members, suppliers, and stakeholders to improve
working and environmental conditions and business performance
through leading standards and practices.
“Our commitment to the RBA and its vision supports and
strengthens our ongoing actions for protecting the environment,
improving the lives of workers, and enhancing communities. We are
already actively committed to responsible environmental and social
policies and practices. Our 2021 Corporate Social Responsibility
Report details our current efforts and outlines a path toward
becoming a more ESG-focused company,” said Mike Plisinski, Onto
Innovation’s chief executive officer.
Onto Innovation commits to aligning operations according to the
RBA Code of Conduct and will support and encourage first-tier
suppliers to do the same. Wherever possible, Onto Innovation will
seek to adopt the RBA approach and tools in the spirit of the
industry’s common goals.
“We’ve already taken the first measures, but our membership in
the Responsible Business Alliance is another excellent step
forward. By joining our fellow members of the Responsible Business
Alliance, Onto Innovation hopes to serve as an example to our
suppliers of how the RBA Code of Conduct can create a more
successful industry climate and an even better world,” Plisinski
concluded.
About Responsible Business Alliance
The Responsible Business Alliance (RBA) is a nonprofit coalition
of leading companies dedicated to improving social, environmental,
and ethical conditions in their global supply chains. The RBA has a
Code of Conduct and a range of programs, training, and assessment
tools to support continual improvement. The organization has a
global footprint, with offices in North America, Europe, and Asia.
The RBA and its Responsible Minerals, Labor, and Factory
Initiatives have more than 400 members with combined annual
revenues of greater than $7.7 trillion, directly employing over
21.5 million people, with products manufactured in more than 120
countries.
About Onto Innovation Inc.
Onto Innovation is a leader in process control, combining global
scale with an expanded portfolio of leading-edge technologies that
include: Un-patterned wafer quality; 3D metrology spanning chip
features from nanometer scale transistors to large die
interconnects; macro defect inspection of wafers and packages;
metal interconnect composition; factory analytics; and lithography
for advanced semiconductor packaging. Our breadth of offerings
across the entire semiconductor value chain helps our customers
solve their most difficult yield, device performance, quality, and
reliability issues. Onto Innovation strives to optimize customers’
critical path of progress by making them smarter, faster and more
efficient. Headquartered in Wilmington, Massachusetts, Onto
Innovation supports customers with a worldwide sales and service
organization. Additional information can be found at
www.ontoinnovation.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
(the “Act”) which include Onto Innovation’s expectations and
projected benefits regarding its adoption of the RBA mission and
vision; as well as other matters that are not purely historical
data. Onto Innovation wishes to take advantage of the “safe harbor”
provided for by the Act and cautions that actual results may differ
materially from those projected as a result of various factors,
including risks and uncertainties, many of which are beyond Onto
Innovation’s control. Such factors include, but are not limited to,
the Company’s ability to leverage its resources to implement the
RBA approach, the cooperation of its suppliers to align their
operations and any potential impact as a result of the novel
coronavirus situation. Additional information and considerations
regarding the risks faced by Onto Innovation are available in Onto
Innovation’s Form 10-K report for the year ended December 31, 2020
and other filings with the Securities and Exchange Commission. As
the forward-looking statements are based on Onto Innovation’s
current expectations, the Company cannot guarantee any related
future results, levels of activity, performance or achievements.
Onto Innovation does not assume any obligation to update the
forward-looking information contained in this press release.
Source: Onto Innovation Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20210713005192/en/
Investor Relations: Michael Sheaffer, +1 978.253.6273
mike.sheaffer@ontoInnovation.com
Trade Press: Amy Shay, +1 952.259.1794
amy.shay@ontoinnovation.com
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