1、NVIDIA Sustainability Report Fiscal Year 2024Table of ContentsMessage From Our CEOIntroductionFY24 Highlights 06About NVIDIA 07Sustainability Governance 07Societal Impact 08Climate and EfficiencyProduct Energy Efficiency 10Greenhouse Gas Emissions 11Energy and Environment 12People,Diversity and Incl
2、usionRecruitment 14Benefits and Compensation 15Pay and Promotion 15Engagement and Retention 16Learning and Development 16Community Resource Groups 17Product Value ChainResponsible Sourcing 18Product Environmental Impact 20Product Quality and Safety 21Responsible BusinessOur Code 22Trustworthy AI 23H
3、uman Rights 25Public Policy 26Sustainability IndicatorsTCFD Index 39U.N.Sustainable Development Goals 40About This ReportNVIDIA Sustainability|Message from our CEO03Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainabili
4、ty IndicatorsMessage From Our CEODear NVIDIA Family,Partners,and Supporters,We are at a pivotal moment in history.NVIDIAs technological leaps in accelerated computing and generative AI are at the heart of a new industrial revolution,fundamentally reshaping industries by enhancing computing power and
5、 significantly advancing sustainability.The era of generative AI is here,a testament to the accelerated computing architecture we envisioned years ago.Our breakthroughs have significantly reduced computing costs,giving rise to a new approach to software developmentdeep learning.This revolutionary me
6、thod allows algorithms to write software that no human can by uncovering patterns and relationships in vast data sets to learn the structure and meaning of the data.From steam-powered machines to electricity,then the production of software,each of the first three industrial revolutions produced some
7、thing fundamentally new that transformed every industry and society.We are now on the cusp of making something previously unimaginabledigital intelligence.The generative AI revolution is poised to impact every industry and enable a new era of productivity and sustainability by unlocking efficiencies
8、 and resource optimization across sectors.The fourth industrial revolution has begun,and the world is embracing NVIDIAs computing platform.Our commitment to driving these changes is unwavering.Our innovations in AI and accelerated computing are setting new standards for environmental responsibility
9、while powering a greener,more sustainable future.NVIDIA Accelerated Computing Saves EnergyThe era of CPU scaling that propelled the computer industry for decades is fading as computing demand skyrockets.Software pioneers have turned to NVIDIA-pioneered accelerated computing as the path forward.Accel
10、erated computing is how to meet the massive demand for computing power sustainably and cost-effectively.NVIDIA accelerated computing has reached an inflection point.NVIDIA is modernizing the worlds trillion-dollar data center industry.By accelerating workloads with NVIDIA GPUs operating in parallel,
11、we exponentially increase throughput while driving down the total energy used to complete a task and,thus,the total cost of ownership.The energy savings are incredible.Accelerated computing took workloads that previously required tens of thousands of general-purpose servers,consuming 10X to 20X more
12、 cost and energy and compressed it into something incredibly dense.Each GPU server is more costly and consumes more power,but an order of magnitude fewer servers are needed.So,there are enormous money and energy savings when we look at the actual work done or throughput.That is precisely why,as CPU
13、scaling has slowed,we must transition to accelerated computingwe cannot continue scaling out the traditional way.Accelerated computing is essential.NVIDIA Accelerated Computing Is Sustainable ComputingNVIDIA already powers the most energy-efficient supercomputers in the world,which scientists across
14、 various fields of science use to unravel the mysteries of the universe,NVIDIA Sustainability|Message from our CEO04Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability Indicatorsharnessing the immense computational
15、 power to simulate cosmic phenomena,decode genetic sequences,and predict climate patterns.The Green500 evaluates the worlds leading supercomputers based on their computational might and energy efficiency.NVIDIA technologies power 7 of the top 10 systems on the latest Green500 list.Data processing an
16、d management is a$100 billion market and a top enterprise workload.NVIDIA CUDA GPUs accelerate the pervasive Apache Spark data processing engine.Benchmark studies show that NVIDIA accelerated Spark can reduce the carbon footprint of data processing by as much as 80%while delivering 5X average speedu
17、ps and 4X reductions in computing costs.Pandas is the worlds leading data analytics library,used by nearly 10 million data scientists.Though easy to use,it runs only on CPUs,and performance suffers from slow processing speeds when working with large datasets.To address that,we recently announced tha
18、t NVIDIA has accelerated Pandas up to 150X for the worlds nearly 10 million Pandas users without requiring them to change their code.Considering the amount of data millions of data scientists process,the time and energy saved will be extraordinary.Training AI Consumes Energy Applying AI Saves Energy
19、Training AI foundation models requires a lot of computing power.These requirements will rise as increasingly complex models are trained on more data to make them smarter,more useful,and safer.The models are learning to be more factual and reason deeply to give safer,more thoughtful,and better-aligne
20、d responses.NVIDIA accelerated computing is reducing the cost and energy usage needed to train these foundational AI models with each new generation.NVIDIAs new Blackwell platform is a perfect example.Blackwell empowers organizations worldwide to build and deploy real-time generative AI powered by l
21、arge,trillion-parameter language models.But that is only half of the story.This groundbreaking platform also delivers up to an order of magnitude lower cost and energy consumption than its predecessor for model processing.Training models are the start of AI.The investment in the cost and energy of t
22、raining aims to create models that,when applied or inferencing,will help us discover better scientific,engineering,or operational solutions that conserve energy,time,and cost.The right lens for evaluating AI costs and energy is longitudinal,not just training,but the long view across the entire lifec
23、ycle and downstream impact of the AI model created.The compounded benefits can be immense.When analyzed longitudinally,AI will be utterly transformative in driving industrial productivity and use less energy,time,and cost.AI Drives Productivity,Eliminates Waste,Saves EnergyWe are working with compan
24、ies worldwide to apply AIs revolutionary capabilities to save energy.Researchers use AI to discover safer,better-performing batteries that use fewer natural resources.Microsoft and Pacific Northwest National Laboratory used NVIDIA accelerated computing to screen over 32 million potential materials i
25、n approximately one week.They identified 18 promising candidates,including a new electrolyte material containing lithium and sodium ions.This new material reduces lithium usage by up to 70%compared to conventional batteries.Energy companies are embracing AI to reduce operations environmental footpri
26、nt,automating labor-intensive tasks,and enabling real-time intelligence at the grid edge.Portland General Electric is using NVIDIA AI inside electric meters to direct more renewable energy sources into the power grid,reduce power outages,accelerate recovery from storms,and ultimately decrease operat
27、ional costs for the electrical grid.Cadence creates AI chip design tools that speed development and help chips run faster,use less energy,and cost less.MediaTek,whose chips power over 2 billion connected devices,has already created a 5%smaller die and reduced power by 6%using this approach.That 6%en
28、ergy savings will be enjoyed by millions of people.So,the amount of energy we will save for the world by designing better software,chips,and systems has a perpetual benefit to society.AI Helps Us Adapt to Climate ChangeOne of AIs most exciting applications is our Earth-2 platform.By teaching an AI t
29、o recognize and predict weather patterns,NVIDIAs digital twin of our planet can predict atmospheric pressure,temperature,precipitation,wind speed and direction,and humidity at an unprecedented scale of two kilometers.Once the Earth-2 model NVIDIA Sustainability|Message from our CEO05Message From Our
30、 CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability Indicatorsis trained,it can predict weather 1,000X faster and 3,000X more energy-efficiently than traditional physics models.We want Earth-2 to be available to researchers everyw
31、here,so we made APIs available via our DGX Cloud.This advances climate research and contributes to environmental sustainability by reducing the need for physics simulations on supercomputers and their associated carbon footprint.Earth-2 also democratizes high-resolution weather prediction and improv
32、es predicting and tracking severe storms to mitigate economic impacts.The Weather Company and the Central Weather Administration of Taiwan plans to use Earth-2 to catalyze proactive decision-making,guiding companies,organizations,and nations in answering what-if scenarios and anticipating unpreceden
33、ted weather to enable actionable outcomes,spanning policy formulation,urban development,and infrastructure planning.An Operating System for Industrial DigitalizationEarth-2 is an example of a digital twin that models and predicts complex physical and dynamical systems.Earth-2 runs in NVIDIA Omnivers
34、e,a powerful virtual world simulation engine where computer graphics,physics,and AI intersect.We created Omniverse to represent and model the physical world so that engineers can develop AIs and robotic systems that can understand and operate in industrial applications.Inside Omniverse,companies can
35、 operate and optimize digital twins of their physical infrastructures,such as factories,warehouses,farms,and processing plants.These virtual replicas enable businesses to identify areas for improvement and reduce costs,material consumption,and energy usageall critical factors in achieving sustainabi
36、lity goals.The worlds heavy industries represent a staggering$100 trillion in value and are responsible for a significant portion of global energy consumption.NVIDIA can profoundly impact sustainability efforts by digitalizing these industries through Omniverse and leveraging the power of generative
37、 AI.A Computing Platform Shift A New Industrial RevolutionNVIDIA accelerated computing has reached a tipping point.Industry is urgently adopting NVIDIA as the same architecture is needed to save energy,time,and cost,as well as for generative AI.The combination of accelerated computing and generative
38、 AI drives a complete full-stack computing platform shift transforming every industry.The new computing stack,generative AI,has fundamentally changed how computers workfrom instruction-driven to intention-driven computers.Generative AI changes how we use computersfrom searching and retrieving pre-pa
39、ckaged content to interacting with real-time generated information unique for every context.Generative AI is transforming the computer industry that produces software into one that manufactures digital intelligence.Most importantly,generative AI is a new tool for scientists and engineers to discover
40、 solutions for previously intractable challengesto create a sustainable future.I am incredibly proud of the strides we are making togetherour team,partners,and global community.Thank you for joining us on this transformative journey.Together,we are setting new standards for what technology can achie
41、ve for the planet and future generations.Jensen Huang,CEO and Co-Founder,NVIDIANVIDIA Sustainability|Introduction06Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsIntroductionFY24 HighlightsAbout NVID
42、IA29,600Employees globally36Countries NVIDIA operates in globally#2On Glassdoors list of best employersClimate and Efficiency76%Renewable electricity in FY2420XEnergy efficiency of NVIDIA Blackwell GPUs over CPUs for certain AI and HPC workloads#1Supercomputer on the June 2024 Green500 is powered by
43、 NVIDIAPeople,Diversity and Inclusion50%Board of Directors is racially or gender diverse1,000Employees participated in our mentorship program2.7%Overall turnover rate,compared to the semiconductor industry average of 17.7%Product Value Chain60%Scope 3 category 1 GHG emissions covered in supplier eng
44、agement efforts93%Suppliers audited in the past two years 90%+NVIDIA GPU systems packaging was recyclable materials by weightNVIDIA Sustainability|Introduction07Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability I
45、ndicatorsAbout NVIDIANVIDIA pioneered accelerated computing to help solve the most challenging computational problems.NVIDIA is a full-stack computing infrastructure company with data center-scale offerings that are reshaping industry.Our full stack includes the foundational CUDA programming model t
46、hat runs on all NVIDIA GPUs,as well as hundreds of domain-specific software libraries,software development kits,and application programming interfaces.This deep and broad software stack accelerates the performance and eases the deployment of NVIDIA-accelerated computing for computationally intensive
47、 workloads such as AI model training and inference,data analytics,scientific computing,and 3D graphics.It enables vertical-specific optimizations to address industries ranging from healthcare and telecom to automotive and manufacturing.Our data center-scale offerings are comprised of compute and net
48、working solutions that can scale to tens of thousands of GPU-accelerated servers interconnected to function as a single giant computer.This type of data center architecture and scale is needed for the development and deployment of modern AI applications.The GPU was initially used to simulate human i
49、magination,enabling the virtual worlds of video games and films.Today,it also simulates human intelligence,enabling a deeper understanding of the physical world.Its parallel processing capabilities,supported by thousands of computing cores,are essential for deep learning algorithms.This form of AI,i
50、n which software writes itself by learning from large amounts of data,can serve as the brain of computers,robots,and self-driving cars that can perceive and understand the world.GPU-powered AI solutions are being developed by thousands of enterprises to deliver services and products that would have
51、been immensely difficult or even impossible with traditional coding.Examples include generative AIwhich can create new content such as text,code,images,audio,video,and molecule structuresand recommender systems,which can suggest highly relevant content such as products,services,or ads using deep neu
52、ral networks trained on vast datasets that capture user preferences.NVIDIA has a platform strategy,bringing together hardware,systems,software,algorithms,libraries,and services to create unique value for the markets we serve.While the computing requirements of these end markets are diverse,we addres
53、s them with a unified underlying architecture leveraging our GPUs and networking and software stacks.The programmable nature of our architecture allows us to support several multi-billion-dollar end markets with the same underlying technology by using a variety of software stacks developed either in
54、ternally or by third-party developers and partners.The large and growing number of developers and installed base across our platforms strengthens our ecosystem and increases the value of our platform to our customers.Innovation is at our core.Weve invested over$45.3 billion in research and developme
55、nt since our inception,yielding inventions that are essential to modern computing.Our invention of the GPU in 1999 sparked the growth of the PC gaming market and redefined computer graphics.With our introduction of the CUDA programming model in 2006,we opened the parallel processing capabilities of
56、our GPU to a broad range of compute-intensive applications,paving the way for the emergence of modern AI.In 2012,the AlexNet neural network,trained on NVIDIA GPUs,won the ImageNet computer image recognition competition,marking the“Big Bang”moment of AI.We introduced our first Tensor Core GPU in 2017
57、,built from the ground up for the new era of AI,and our first autonomous driving system-on-chips,or SoC,in 2018.Our acquisition of Mellanox in 2020 expanded our innovation canvas to include networking and led to the introduction of a new processor classthe data processing unit,or DPU.Over the past f
58、ive years,weve built full software stacks that run on top of our GPUs and CUDA to bring AI to the worlds largest industries,including the NVIDIA DRIVE stack for autonomous driving,Clara for healthcare,and Omniverse for industrial digitalization;and introduced the NVIDIA AI Enterprise softwareessenti
59、ally an operating system for enterprise AI applications.In 2023,we introduced our first data center CPU,Grace,built for giant-scale AI and high-performance computing.NVIDIAs sustainability reporting follows our fiscal calendar;FY24 data corresponds to the period January 30,2023,to January 28,2024.Su
60、stainability GovernanceWe assess corporate sustainability impacts to identify our key social and environmental impacts,leveraging stakeholder expectations,market trends,and risks as well as opportunities in the process.We plan to conduct a double-materiality assessment,assessing sustainability issue
61、s based on both financial and impact materiality,by the end our fiscal year ending January 26,2025.NVIDIA Sustainability|Introduction08Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsThe determination
62、 of sustainability topics to be covered in our report reflects the assessment of our impacts,stakeholder expectations,and frameworks and initiatives such as the Global Reporting Initiative(GRI),Sustainability Accounting Standards Board(SASB),the Task Force for Climate-Related Financial Disclosures(T
63、CFD),and the United Nations Sustainable Development Goals(UN SDG).These topics reflect our values,social and environmental contributions,as well as matters we believe are essential to our continued business success.The Nominating and Corporate Governance(NCG)Committee of our Board of Directors(Board
64、)is responsible for reviewing and discussing with management our policies,issues,and reporting related to sustainability,including overall sustainability strategy,risks and opportunities,and related programs and initiatives.Our Corporate Sustainability team updates the NCG Committee at least semiann
65、ually on these topics,as well as pertinent regulations and stakeholder inputs,and gathers feedback from the NCG Committee on issues such as climate change,human rights,and diversity and inclusion.The Corporate Sustainability team also reports on sustainability issues to the full Board annually.In FY
66、24,we formally launched a Corporate Sustainability Steering(CSS)Committee comprised of members of our executive leadership team.The CSS Committee is responsible for overseeing and providing input on our sustainability strategy and program.Feedback from the Board,the NCG and CSS Committees,along with
67、 specific input from our executive team,helps to determine the focus and scope of our sustainability strategy and program.Board of DirectorsNominating and Corporate Governance CommitteeCorporate Sustainability Steering Committee Sustainability Team Societal ImpactAI represents the most profound tech
68、nological shift in our era,touching virtually every industry,including robotics,cybersecurity,finance,healthcare,transportation,retail,and customer service.NVIDIA accelerates this revolution by creating advanced computing tools that serve as open platforms for developers,researchers,and data scienti
69、sts to innovate in these areas.We aim to improve outcomes for everyday people while tackling future challenges by delivering new technologies and workforce training programs to enhance industrial development and advance generative AI research.We believe our technology can spur economic growth,create
70、 good-paying jobs and improve the health and well-being of people globally.HealthcareNVIDIA invented accelerated computing two decades ago to solve problems that were beyond the reach of existing systems.NVIDIA technology enables healthcare institutions to harness the power of AI and HPC to reinvent
71、 drug discovery,surgery,medical imaging,and wearable devices.Researchers can use accelerated computing to virtually model millions of molecules and screen hundreds of potential drugs simultaneously and AI to help discover and develop drugs faster and at a lower cost.Generative AI models can propose
72、designs for candidate molecules and predictive models to evaluate designs,bridge the gap between lab experiments and computational algorithms,and accelerate drug discovery pipelines to improve patient outcomes and save lives.AI and accelerated computing are unlocking new possibilities in genome sequ
73、encing workflows,which help clinicians diagnose critically ill patients or researchers to discover new drug targets.HPC can accelerate genome analysis to help identify rare diseases and bring tailored therapeutics to market faster,advancing the journey to precision medicine.Climate ActionNVIDIAs AI
74、technologies can transform climate research and help the world mitigate and adapt to the impacts of climate change.Our Earth-2 initiative aims to harness AI and high-performance computing to unlock the potential of vast quantities of climate data to inform decision-making.NVIDIA Sustainability|Intro
75、duction09Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsThe increased frequency and severity of extreme weather and climate events underscores a critical need for accurate weather forecasting,especia
76、lly with the rise in severe weather occurrences such as blizzards,hurricanes,and heatwaves.As extreme-weather events occur with greater frequency and,often,with little warning,meteorology centers can use accelerated computing to generate more accurate,timely forecasts that improve readiness and resp
77、onse.In addition to powering climate and weather simulations,AI is accelerating the energy transition by making industrial-scale renewable energy more efficient and economically viable.AI can also optimize solar and wind farms,enhance power grid reliability and resilience,advance carbon capture,and
78、power fusion breakthroughs.NVIDIA led a climate tech engagement during the APEC CEO Summit,which included hosting women-led climate startups at HQ,judging the APEC Catalyst Pitch Competition,and demoing AI technologies like Earth-2 to the U.S.State Department and thinktank SCSP.InvestorsWe host quar
79、terly calls with investors to discuss corporate sustainability topics.CommunityNVIDIANs and the company contribute through the NVIDIA Foundation.GovernmentsWe brief regulators and thinktanks on topics related to AI.StartupsOur Inception program includes startups focused on climate and energy.Supply
80、ChainWe conduct quarterly business reviews with strategic suppliers.CustomersWe respond to customer CDP and EcoVadis requests.NVIDIAOur approach to stakeholder engagement.CommunityNVIDIANs and the company contribute through the NVIDIA Foundation.NVIDIA Sustainability|Climate and Efficiency10Message
81、From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsClimate and EfficiencyProduct Energy EfficiencyImproving performance and energy efficiency is a principal goal in each step of our research,development,and desi
82、gn processes.We develop hardware,software,and networking technology to improve performance and energy efficiency,helping our customers solve problems and decrease emissions intensity.AI models are exploding in complexity and size as they enhance generative AI and enable scientific discoveries,and mo
83、dern data centers require accelerated computing platforms to effectively execute these workloads.Accelerated computing is the use of specialized hardware to dramatically speed up computation,by parallel processing that bundles frequently occurring tasks.It offloads demanding work that can bog down t
84、raditional processors that typically execute tasks in serial fashion,and offers lower overall costs,higher performance,and greater energy efficiency.Acceleration completes larger workloads more quickly,returning the computer to a low-power idle state when done and consuming significantly less energy
85、 overall when compared to traditional computing.02016Pascal19 TFLOPSFP16TFLOPSVolta130 TFLOPSFP16Ampere620 TFLOPSBF16/FP16Hopper4,000 TFLOPSFP8Blackwell20,000 TFLOPSFP81000X AI Compute in 8 Years20172020202220245,00010,00015,00020,000Over the course of the last 8 years,weve increased computation by
86、1000X.NVIDIA Blackwell GPUs are generally 20X more energy efficient than traditional CPUs for certain AI and high-performance computing(HPC)workloads,and NVIDIA DPUs can reduce power consumption by 25%by offloading essential data center networking and infrastructure functions from less efficient CPU
87、s.If these HPC and AI workloads were switched from CPU infrastructure to GPU and DPU-accelerated operations,we estimate the world could save almost 30 trillion watt-hours of energy a year,equivalent to the electricity requirements of nearly 4 million U.S.homes.Energy efficiency is critical as AI mod
88、els and HPC applications increase exponentially in size.AI workloads such as large language models(LLMs)range in size from small-scale like GPT-J(6 billion parameters)to larger-scale like GPT-3(175 billion parameters),and 7Of the top 10 systems on the June 2024 Green500 list are powered by NVIDIA,in
89、cluding the No.1 spot with the GH200 Grace Hopper Superchip based JEDI system20 xEnergy efficiency of NVIDIA Blackwell GPUs over CPUs for certain AI and HPC workloads30TWatt-hours of energy a year saved if HPC and AI workloads were switched from CPU-only servers to GPU-accelerated systemsNVIDIA Sust
90、ainability|Climate and Efficiency11Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability Indicatorsmassive LLMs now extend further into multi-trillion parameter scale.The NVIDIA GB200 Grace Blackwell Superchip is est
91、imated to offer 25X better energy efficiency over the prior Hopper generation for massive LLMs,while CPUs have not demonstrated an ability to effectively run larger or massive LLMs.In FY24,the U.S.Department of Energy clocked how fast four of its key high-performance computing and AI applications ra
92、n and how much energy they consumed on CPU-only and GPU-accelerated nodes on Perlmutter,one of the worlds largest supercomputers.At performance parity,a GPU-accelerated cluster demonstrated an average 5x improvement in energy efficiency.By running the same workload on GPUs rather than CPU-only insta
93、nces,researchers could save millions of dollars and avoid consumption of 588 megawatt hours of electricity per month.Greenhouse Gas EmissionsWe assess our carbon footprint across our product lifecycle and assess climate risks,including current and emerging regulations and market impacts.Climate Targ
94、etsWe commit to the following greenhouse gas emissions,or GHG emissions,reduction goals:Scope 1 and 2:By the end of FY25,and annually thereafter,we expect to achieve and maintain 100%renewable electricity for offices and data centers under our operational control.By delivering on this commitment,we
95、aim to reduce our Scope 1 and 2 emissions in line with prevalent climate science standards.Scope 3:By the end of FY26,we expect to engage manufacturing suppliers comprising at least 67%of NVIDIAs scope 3 category 1 GHG emissions,with the goal of effecting supplier adoption of science-based targets.7
96、6%Renewable electricity60%+Scope 3 category 1 emissions covered in supplier engagementIn FY24,NVIDIA achieved:0%FY20FY21FY22FY23 Progress on our Renewable Electricity TargetFY24FY2520%40%60%80%100%100%NVIDIA Sustainability|Climate and Efficiency12Message From Our CEOIntroductionClimate and Efficienc
97、yPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsTo manage the GHG emissions footprint of our data centers,labs,and offices,we strategically focus on locating new sites,selecting facilities to expand,managing our operations efficiently,and sourcing renew
98、able energy.Our current goal to source all global electricity use for offices and data centers under operational control from renewable energy is expected to result in zero scope 2 market-based emissions by the end of our fiscal year ending January 26,2025.Scope 1Scope 3Scope 2(market-based)FY24 GHG
99、Emissions3,692,423MTCO2eFor a complete breakdown of our inventory,please see our Sustainability Indicators.Management considers the GHG Protocol to assess,calculate,and report GHG emissions.We engaged an external third-party to perform a limited assurance engagement over select metrics presented for
100、 FY23 and FY24.Find NVIDIAs management assertion and the Report of Independent Accountants here.Energy and EnvironmentWere committed to reducing our environmental impact by driving operational excellence.We identify and control environmental impacts and continuously improve our performance using a c
101、omprehensive environmental management system(EMS)certified to ISO 14001,which covers our headquarter buildings located in Santa Clara,CA and in Yokneam,Israel.Our Environmental,Health,Safety,and Energy Policy provides the framework for our EMS,and our dedicated Environmental,Health,and Safety and co
102、rporate responsibility teams work closely with employees globally to execute our environmental policies and practices,with actionable goals and metrics that are annually reviewed with executives.To bring a more structured approach to managing energy efficiency at several of our key data center locat
103、ions,we have an energy management system certified to the ISO 50001 standard,which covered 55%of our data center energy use in FY24.Our certification to the ISO 50001 standard recognizes our efforts to properly measure and reduce energy consumption in our data centers.Energy-Efficient OperationsTwo
104、of our headquarters buildings in Santa Clara,CA are LEED Gold certified.Our Hyderabad,India campus is also LEED Gold certified.Our LEED Gold certified buildings were designed to be energy and water efficient,built with sustainable raw materials,and improved indoor environmental quality.For our Santa
105、 Clara campus,the two buildings are connected by a three-acre park which is provided with shade by trellis that houses 390 kW of solar panels.These solar panels bring the total onsite solar generation capacity at our headquarters to 846 kW.In FY24,in support of our renewable electricity goal,we adde
106、d solar panels at our Hyderabad campus.In FY24,we increased the amount of our renewable electricity use to 76%,through on-site renewables and purchasing utility renewable electricity tariffs,energy attribute certificates and purchase power agreements.We are exploring additional options to increase o
107、ur sourcing of renewable energy for our growing footprint,in support of our 100%renewable electricity goal.Waste ManagementWe aim to reduce the amount of waste we send to landfill through waste reduction,reuse,and recycling initiatives.Weve engaged a vendor to complete a gap analysis of our Santa Cl
108、ara campus to better understand opportunities to increase our landfill diversion rate and minimize the amount of waste generated.We plan to incorporate zero-waste principles in our operations,such as reduction of overall waste and waste sent to landfills.For products we use for testing,R&D,and produ
109、ction purposes,we have programs in place to support internal re-use of equipment that has not reached the end of its useful life or financial depreciation life.We properly dispose of IT assets and used laptops are sold to a vendor for refurbishment and reuse,with a portion of the financial proceeds
110、donated to the NVIDIA Foundation.For used equipment,we use a global specialist e-waste recycling vendor.All our vendors follow strict certification guidelines and procedures to ensure proper tracking of the chain of custody,decommissioning,data erasure,and recycling of any hardware which is broken a
111、nd unusable.NVIDIA Sustainability|Climate and Efficiency13Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsWater ConservationWe use water in our direct operations in cooling towers and for food service
112、,landscaping,and sanitation.We take steps to use water efficiently,particularly in locations that are vulnerable to drought conditions.We conduct an annual water risk assessment for all NVIDIA facilities,data centers,and strategic supply chain partners which helps us understand where water conservat
113、ion initiatives are most needed.Our two LEED Gold certified buildings in Santa Clara,CA,incorporate a range of water efficient measures.Through the installation of low-flow bathroom fixtures and the use of recycled water for toilet flushing,the buildings are designed to achieve reductions in domesti
114、c water demand and potable water use for sewage conveyance when compared with buildings of standard design.We use reclaimed water in cooling towers and landscape irrigation systems and capture rainwater in bioswales.The three-acre park that connects the two buildings is planted with drought-tolerant
115、 trees and the greenery is irrigated by reclaimed water.Outside of Santa Clara,our Hyderabad,India,site has a water treatment plant that reuses the sites treated wastewater for landscape irrigation.Within our data centers,we are introducing closed loop liquid cooling systems.An engineered fluid,comp
116、rised of a blend propylene glycol,water and inhibitors,is reused in these systems,eliminating the loss of water through evaporation,and improving the water efficiency of data centers.This innovation is a cooling alternative that allows high computing performance with reduced environmental impact.In
117、FY24,NVIDIAs data center team was awarded a U.S.Department of Energy grant to build an advanced liquid-cooling system,that will save money and run more efficiently than todays air-cooled approaches.At our Santa Clara campus,our Voyager and Endeavor buildings are LEED Gold certified and connected by
118、a three-acre park which is provided with shade by a trellis that houses solar panels.NVIDIA Sustainability|People,Diversity and Inclusion14Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsPeople,Divers
119、ity and InclusionOur employees are our greatest asset and play a key role in creating long-term value for our stakeholders.We believe that diverse teams fuel innovation,and were committed to creating an inclusive culture that supports all employees,regardless of gender,gender identity or expression,
120、veteran status,race,ethnicity,or disability.NVIDIA continues to be among Americas best places to work as judged by employees,rising to second place on Glassdoors list of best employers for 2024.RecruitmentThe demand for global technical talent continues to be strong.To develop our candidate pipeline
121、,we partner with higher education institutions and professional organizations,direct source,recruit at industry conferences,and encourage our employees to submit referralswith over 40%of new hires coming from internal referrals.To identify and attract global talent,we promote NVIDIAs strong employer
122、 brand,create opportunities in new geographies,and provide increased flexibility for employees to work from the location of their choice.When recruiting for new talent we strive to build a diverse talent pipeline that includes those underrepresented in the technology field,including women,Black/Afri
123、can American,and Hispanic/Latino candidates.We improved our employee referral program,built a new talent-based hiring process,and partnered with our community resource groups to improve how we reach diverse candidates.Our recruiters have experience working with underrepresented candidates,and candid
124、ates are provided the option to speak with employees from their communities about the employee experience and company culture.In FY24,the majority of eligible people managers voluntarily attended learning sessions on Diversity,Inclusion,and Belonging focus areas and initiatives at NVIDIA.Calls to ac
125、tion include inclusive recruiting and hiring practices.29,600 NVIDIANs4,100 New in FY2436 CountriesWorld Map 2 columnsTo diversify our university pipeline,we continue to invest in entry level feeder programs around the world,including the NVIDIA Ignite program that prepares first-and second-year col
126、lege students for an NVIDIA internship the following summer.We implement tools to help us identify a wider pool of diverse talent in the student population,and our recruitment efforts in the U.S.attracted underrepresented applicants through virtual and on campus events.We partner with institutions a
127、nd professional organizations around the world,such as FemInno(Armenia),ProWoman(Israel),and upReach(UK).We also attend conferences that serve diverse NVIDIA Sustainability|People,Diversity and Inclusion15Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Val
128、ue ChainResponsible BusinessSustainability IndicatorsFY24 Hiring Data*75.6%MenWomen23%By Gender(Global)0.7%No Data50.4%21.3%17.1%11.2%AmericasEMEAAPACIndiaBy Region(Global)5.3%Hispanic or Latino2.0%Two or More Races5.0%Decline to State 1.6%Black or African American0.1%American Indian or Alaska Nativ
129、e0.3%Native Hawaiian or Other Pacific Islander55.9%30%AsianWhiteBy Race/Ethnicity(United States of America)43.6%20-30 Years50.1%31-50 Years6.1%51+Years0.2%No DataBy Age(Global)0.7%Not Disclosed*Numbers do not equal 100%due to rounding.We have increased focus on diversity recruiting,resulting in an i
130、ncrease in global female hiring in each channel.For additional diversity metrics,please see our Sustainability Imunities and host on-site events for historically underrepresented groups.Benefits and CompensationWe offer comprehensive benefits programs worldwide.Our employees,their families,and their
131、 welfare are a top priority.Our comprehensive benefits program includes an employee stock purchase program,access to quality healthcare,remote work options,flexible hours and paid time off for personal,medical,and family care needs.We provide a 401(k)program in the U.S.and supplemental pension progr
132、ams outside the U.S.where statutory schemes are insufficient.We provide employees with benefits such as reimbursement for eligible adoption,surrogacy,and fertility treatment expenses.Our parental leave program,available to all employees,enables birth parents to take up to 22 weeks of paid leave,star
133、ting as early as four weeks before their due date.Nonbirth parents get up to 12 weeks of paid leave.To ease the transition back to work after their leave,all new parents also receive up to eight weeks of flex time and access to parenting support modules that provide tips and guidance.We partner with
134、 NVIDIAs nine different community resource groups to tailor support programs based on targeted needs,including military leave,student loan repayment,gender affirmation support,enhanced health insurance coverage for members with developmental delays,and mental health counselor search tools.We evaluat
135、e our benefit offerings annually to ensure employee needs are met and continuously seek feedback from employees to advance our support.In FY25,we increased our 401(k)match to$11,500,up from$9,000.Our employees well-being,physical,emotional,and financial health is a top priority,and we aim to support
136、 them by offering a suite of services where people can choose what works best for them.Pay and Promotion We are committed to providing market aligned pay and equitable opportunities for advancement to all employees.We perform an annual review of peer compensation in the markets we operate in.Each ye
137、ar,every employees performance is assessed,and managers provide feedback on goals and priorities.Promotion readiness is reviewed,and compensation is adjusted NVIDIA Sustainability|People,Diversity and Inclusion16Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProd
138、uct Value ChainResponsible BusinessSustainability Indicatorsappropriately.Employees are provided both cash and equity compensation.Cash compensation adjustments are determined based on role,market compensation growth and individual performance.Equity compensation is provided through restricted stock
139、 units(RSUs)that vest over time and provide value aligned to our stock price.We believe RSUs promote retention and align with stockholder interests.Since 2020,weve used a third-party firm to analyze our pay practices and promotion activity across rating,education,years of experience,job function,fam
140、ily,and level.The review has determined that weve achieved pay parity,defined as no statistically significant differences in compensation based on gender,race,or ethnicity,for the past several years,and we plan to continue doing so.In FY24,as we promoted many in our workforce,women continue to be pr
141、omoted at an approximately equal rate to men.There were no statistically significant differences between actual and expected promotion rates.If the review were to identify statistically significant issues in pay or promotions,we would take corrective action.Engagement and RetentionWe want NVIDIA to
142、be a place where people can build their careers over their lifetime.To ensure our continued success,we maintain a working environment where our employees are engaged and inspired.To evaluate employee sentiment and engagement,we use pulse surveys and a suggestion box.Pulse surveys help us gain insigh
143、t into employee experience and provide employee-generated ideas so that we can take targeted action.This agile approach allows us to hear from employees more frequently and stay focused on specific areas,while reacting quickly to current events.The suggestion box is an always-on,interactive tool whe
144、re employees share their thoughts about making our company a better place to work.In addition,we receive feedback through an internal portal where all employees can submit,view,and vote on suggestions.Our CEO responds to questions from employees during our quarterly Company meetings.We provide eight
145、 free days per year when all NVIDIANs disconnect and recharge,which were a direct result of employee feedback for structured time off.Our employees tend to come and stay.NVIDIAs overall turnover of 2.7%remains low,compared with the semiconductor industry average of 17.7%.The turnover rate for women
146、and men has been similar in the past several years.In the U.S.,retention rates for members of underrepresented communities have held equal to their peers.Learning and DevelopmentBeing a lifetime learner is core to our culture.We have a library of live and on-demand learning experiences that include
147、workshops,panel discussions,and speaker forums.We create learning paths focused on our most common development needs and constantly upgrade our offerings to ensure that our employees are exposed to the most Pay RatioFY24FY23FY22Women|Men(Global)99.5|10099.5|10099.0|100Asian|White(U.S.)100.1|100100.1
148、|100100.2|100Black/African American|White(U.S.)101.5|100101.5|100102.4|100Hispanic/Latino|White(U.S.)99.2|10099.2|10098.5|100Turnover RateFY24FY23FY22Overall turnover(Global)2.7%5.3%4.9%Men(Global)2.8%5.3%4.7%Women(Global)2.7%5.1%5.7%Asian(U.S.)2.1%4.2%4.2%Black/African American(U.S.)3.1%5.8%5.7%His
149、panic/Latino(U.S.)1.6%3.3%4.7%NVIDIA Sustainability|People,Diversity and Inclusion17Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability Indicatorscurrent content and technologies available.We offer tuition reimburs
150、ement programs to subsidize educational programs and advanced certifications.We learn from our peers at our annual NTECH conference where employees share their work with each other.To support employee development,we provide opportunities to learn on-the-job through training courses,targeted developm
151、ent program,mentoring and peer coaching,and ongoing feedback.We implemented a career coaching service to provide one-on-one guidance to employees and encourage internal job mobility.Each year,we host Careers Week,a series of development sessions for employees to build new skills,understand their str
152、engths,and learn how to advance their careers at the Company.360,000+Hours of learning logged by NVIDIA employees globally,approximately 12.5 hours per employeeCommunity Resource GroupsWe support nine community resource groups(CRGs),which have executive-level sponsorship and dedicated budgets:Asian
153、Pacific Islander,Black NVIDIAN Network(BNN),Early Career Network(ECN),Hispanic-Latino Network,NV Pride(LGBTQ+employees and allies),NVIDIA Disabilities Network(NDN),NVIDIA Veterans,South Asian&Allies,and Women in Technology(WIT).We host topic-specific education events for CRGs relevant to their needs
154、 and feedback,such as a session on our updated Reasonable Accommodation Policy for individuals interested in relocation and personal views accommodations.Our CRGs also presented at our annual developer conference on the impact women,Black,and Latino communities have on AI.AllyshipOur allyship progra
155、m is established and facilitated by employees to build a network of allies who speak up when they see non-inclusive behavior and advocate for changes that lead to increased equity.In FY24 the program expanded globally to train NVIDIANs to show up as allies for underrepresented colleagues in the comp
156、any.We also develop diversity and inclusion educational resources,made available to employees online.MentorshipWe believe our mentorship programs cultivate a collaborative spirit throughout the company and nurture a culture of continuous learning and development.Participants experience mentoring in
157、a one-on-one relationship or a group setting,reaching approximately 1,000 employees across the company.Specialized focuses include women,early career,and employees from traditionally underrepresented groups,to ensure widespread readiness for future advancement.LeadershipOur leadership development pr
158、ogram delivers tools,insights,and capabilities that new managers need to excel in their roles.The program began as a women-focused leadership development program and expanded last year to include all genders.In FY24,we launched a Diversity and Inclusion playbook to empower managers with practical ac
159、tions they can take to create an inclusive employee experience.NVIDIA Sustainability|Product Value Chain18Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsProduct Value ChainResponsible SourcingWe defi
160、ne human rights as the fundamental rights,freedoms,and standards of treatment belonging to all humans.We seek to promote human rights throughout our supply chain and expect our suppliers to respect human rights whenever they provide products or services for us.For our efforts related to human rights
161、 in our supply chain,see our Human Rights section.NVIDIAs supplier selection process incorporates social and environmental factors,including risk analysis on topics such as RBA code alignment,product compliance,and environmental initiatives.We hold ourselves and our suppliers to the highest standard
162、s of behavior,and only engage suppliers that share our values.We closely manage our supply chain to deliver innovative products that satisfy our customers expectations in a socially and environmentally conscious manner.Responsible MineralsNVIDIA is committed to the responsible sourcing of minerals.W
163、e support,contribute to,and rely on industry-wide efforts to validate the source of minerals used in our products,aiming to ensure that they come from socially responsible sources and do not contribute to human conflict.Our goal is to use only conflict-free gold,tantalum,tungsten,and tin(3TG)in our
164、products and to achieve 100%Responsible Minerals Assurance Process-compliant tantalum,tin,tungsten,and gold processing facilities.We evaluate smelter metrics and share an annual update in our Conflict Minerals Report.Weve successfully removed non-compliant 3TG smelters and refiners in our supply cha
165、in to help us meet this goal.During the reporting period,100%of our suppliers and component manufacturers responded with the requested information.We also collect non-3TG smelter data for cobalt and mica from our strategic suppliers and report the initial results to customers.As the cobalt and mica
166、programs through the RBAs Responsible Minerals Initiative(RMI)matures,our goal is to only source from conflict-free refiners.Our Responsible Minerals Policy,sourcing goals,and steps for monitoring our supply chain for conflict minerals is framed around the Organization for Economic Cooperation and D
167、evelopment(OECD)Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas(CAHRA).This provides detailed recommendations to help companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions and practices
168、.Our conflict minerals due diligence program conforms in all material respects with the OECD framework.Were a member of the Public Private Alliance(PPA)for Responsible Minerals Trade and the RMI.The PPA provides funding and coordination support to organizations working within the Democratic Republic
169、 of Congo and adjacent countries to develop verifiable conflict-free supply chains,align due diligence programs and practices,encourage responsible sourcing from the region,promote transparency,and bolster in-region civil society and governmental capacity.We support these on-the-ground programs aime
170、d at improving transparency for responsible sourcing and reducing human rights risks,including forced labor.NVIDIA Sustainability|Product Value Chain19Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsA
171、dditionally,we participate in various RMI work groups and align our program with the organizations tracking of additional minerals and materials,as well as CAHRAs.We monitor additional legal requirements,including the EU Conflict Minerals Regulations,to determine any future obligations regarding con
172、flict materials and high-risk regions of the world.Responsible Supply ChainWe have expanded our supplier relationships to build redundancy and resilience in our operations to provide long-term manufacturing capacity aligned with growing customer demand.Our supply chain is concentrated in the Asia-Pa
173、cific region.We use foundries,such as Taiwan Semiconductor Manufacturing Company Limited,or TSMC,and Samsung Electronics,or Samsung,to produce our semiconductor wafers.We purchase memory from Micron Technology,Inc.,SK Hynix Inc.,and Samsung.We engage with independent subcontractors and contract manu
174、facturers such as Hon Hai Precision Industry Co.,Ltd.,Wistron Corporation,and Fabrinet to perform assembly,testing,and packaging of our final products.Strategic SuppliersStrategic suppliers include those who produce or handle NVIDIA production materials,those for whom we closely manage quality requi
175、rements,those who design our branded products,and those who were required to work with based on customer agreements.For strategic suppliers,agreements are deployed and tracked through a Quarterly Business Review(QBR)process to ensure they meet our expectations,which may influence our business alloca
176、tion decisions.Five percent of the QBR score is based on environmental and social performance,and expectations vary by quarter.Each quarter,we assess these suppliers by product category and rank performance,and we perform an annual risk assessment based on RBA results,geography,and type of industry.
177、Weve assessed and adjusted business with suppliers who dont comply with minimum requirements.We review all strategic suppliers against NVIDIA cybersecurity requirements and have performed a more in-depth assessment of higher-risk suppliers.We looked at our suppliers conformance to ISO 27001,ISO 2800
178、1,C-TPAT,and NIST standards and evaluated them for additional information-,product-,and physical-security expectations.If gaps are discovered,we expect an improvement plan to align with NVIDIA requirements.The cybersecurity survey determines supplier risk to be low,moderate,or high,and audits are co
179、nducted on a one-to three-year cycle.Risk Assessment and AuditingAll our manufacturing suppliers are expected to comply with the RBA Code of Conduct and associated NVIDIA policies,including our Agreement for Manufacturer Environmental Compliance.Since 2016,all NVIDIA Master Service Agreements execut
180、ed with suppliers require compliance with the RBA Code of Conduct.Our assessment process involves using the RBA-Online system to evaluate existing and potential new suppliers against product compliance industry standards,social and environmental criteria,use of conflict minerals,the RBA Code of Cond
181、uct,and NVIDIAs code of conduct.All suppliers are expected to conduct an annual self-assessment questionnaire(SAQ),and we expect biennial Validated Assessment Program(VAP)on-site,third-party audits to validate the SAQ.We use the results of the assessment,which includes a spending analysis,to determi
182、ne their overall risk.To ensure consistency,suppliers can share VAP audits with customers.Any uncovered findings are also made available to those customers.Findings are aggregated anonymously by the RBA and disclosed in their public annual report.Common audit findings include issues related to freel
183、y chosen employment,working hours,wages and benefits,emergency preparedness,and occupational safety.NVIDIA ensures suppliers close all corrective actions in compliance with its Full RBA membership tier.Our goal is to audit 100%of our strategic suppliers every two years.In FY24,we reviewed VAP audits
184、 on 67%of our strategic suppliers,bringing total audits in the past two years to 93%.We engaged 100%of strategic suppliers on their corrective action plans and continue monitoring suppliers to ensure compliance.NVIDIA Sustainability|Product Value Chain20Message From Our CEOIntroductionClimate and Ef
185、ficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsProduct Environmental ImpactTo understand the greenhouse gas emissions generated across our product lifecycle and in manufacturing,weve conducted a product carbon footprint analysis for select produ
186、cts.We will use the information to identify opportunities to reduce emissions.ManufacturingEmissions are generated at every stage of our product lifecycle,including manufacturing within our supply chain.Since 2014,weve expected our key silicon manufacturing and systems contract manufacturing supplie
187、rs to report their annual energy and water usage,waste,greenhouse gas(GHG)emissions,and reduction goals and objectives through the RBA Environmental Survey or CDP.We also expect suppliers to have their GHG emissions verified by a third party.We use this supplier data to better understand our product
188、 manufacturing impact and allocate carbon emissions to our customers.We have a goal to engage manufacturing suppliers to effect supplier adoption of science-based targets.In FY24,we engaged suppliers totaling over 60%of our scope 3 category 1 emissions.We maintain Full Material Disclosures for our c
189、hip designs and select system products,which demonstrates our compliance with restricted substances including halogenated flame retardants,arsenic,and beryllium.Information on materials we use is reported through various platforms,including Substances of Concern in Products and International Materia
190、l Data System for automotive.PackagingWe continue to optimize the balance between protecting the environment and ensuring that customers receive products in like-new condition.We embrace opportunities to reduce packaging materials and increase the proportion of recycled and recyclable materials.Whet
191、her products are packaged for end users or prepared for bulk shipping,we strive to find the balance between package density and unboxing experience.In FY24,over 90%of our NVIDIA GPU systems packaging was recyclable materials by weight.NVIDIA continues to progress other sustainability initiatives suc
192、h as identifying opportunities to use paper-based cushioning in data center products,increase packaging recyclability,implement FSC paper in corrugate materials,and replace printed documentation with online versions where possible.We continue to add material identification codes to our packaging par
193、ts.90%+Of our NVIDIA GPU systems packaging was recyclable materials by weight in FY24Transport and LogisticsWe plan,pack,and execute our raw material,work-in-progress,and finished goods shipments to optimize transport and logistics,which results in reduced fuel use and less impact on the environment
194、.This includes consolidating shipping volumes and weights and implementing a multimodal distribution system.An area of continued focus is to consolidate the number of pickups and shipments.We expect carriers to report shipment data to support carbon emissions calculations and have sustainability ini
195、tiatives,which are both covered in quarterly business reviews.NVIDIA Sustainability|Product Value Chain21Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsEnd-of-Life Management NVIDIA-branded products
196、are subject to electronic waste disposal requirements in our various global markets,and we take seriously our extended responsibility for these products.In key regions such as the U.S.and Europe,weve established recycling programs in partnership with reputable third parties and provide information t
197、o consumers about how to recycle our branded products through labeling and our website.We help our customers monetize the residual value in their older DGX servers when refreshing to the latest technology with the help of a remarketing partner.Older generation DGX systems may be resold in the second
198、ary market,and systems that are not resold are typically broken into components and recycled.Product Quality and SafetySafety is a principle that permeates our engineering culture.We incorporate it into every step of our product development process,from design and production to the end-user experien
199、ce.Our products undergo rigorous qualification and testing to ensure compliance with customer safety and reliability standards.With these standards in mind,weve established product safety technical committees to oversee safety throughout the product lifecycle.Cross-functional teams manage all aspect
200、s of product quality.Customer quality engineering provides direct customer support for all quality-related issues,gathers information on customer failures and customer-observed failure rates,and processes returned material authorization.As part of the continuous improvement process,recommended desig
201、n enhancements are brought to the engineering teams for incorporation into next-generation products.We monitor our quality management system through internal audits and an annual third-party ISO 9001 assessment.NVIDIA Sustainability|Responsible Business22Message From Our CEOIntroductionClimate and E
202、fficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsResponsible BusinessNVIDIAs Core ValuesDream big,start small.Take risks,learn fast.InnovationSeek truth,learn from mistakes,share learnings.Intellectual HonestyLearn,adapt,shape the world.Speed&Agi
203、lityMaintain the highest standards.Excellence&DeterminationDo whats best for the company.One TeamOur CodeOur code of conduct outlines our core values and establishes the expectations we have about how we conduct business.It guides our actions in our professional relationships with fellow employees,a
204、nd towards our customers,partners,competitors,vendors,government regulators,shareholders,and the community at large.Our code applies to all employees and directors,and we expect all third parties we do business with,including consultants,contractors,and other service providers,to act in a manner con
205、sistent with it.Our code is translated into different languages and available on our website.We plan to translate into additional languages in FY25.Ethics and Cybersecurity We strive to achieve the highest standards of ethical conduct in all our business dealings and are committed to promoting a cul
206、ture of integrity.NVIDIA employees receive code of conduct training upon hire and then every two years thereafter.Code of conduct training covers topics like ethics,preventing workplace harassment,and sustainability.Employees who have frequent contact with customers,partners,and suppliers(such as th
207、ose in sales,finance,and procurement)complete additional global anti-bribery and anti-corruption training.In addition to employee cybersecurity trainings,our Santa Clara headquarters is certified to ISO 27001.For more information on our approach to cybersecurity,see pp.31 of our our 2024 Form 10-K f
208、iled with the SEC.Investigations ProcessOur commitment to promoting a culture of integrity means everyone is expected to act ethically and feel empowered to voice concerns without fear of retaliation.Anyone can confidentially and anonymously submit a complaint about any matter of concern.These inclu
209、de accounting,internal controls,auditing,code of conduct,harassment,conflict of interest,or other potential code of conduct,policy,or legal violations using our Speak Up corporate hotline which is hosted by an independent third party.FY24 Employee Training Completion Rates96%+Cybersecurity training
210、98%+Code of conduct training99%+Anti-bribery and anti-corruption trainingEmployees are encouraged to report suspected code and other policy violations to their manager,a human resources representative,the legal department,and/or the anonymous hotline.We use an NVIDIA Sustainability|Responsible Busin
211、ess23Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability Indicatorsexternal organization for our Speak Up hotline to ensure those using the hotline feel confident their reports will be anonymous if they prefer to r
212、eport anonymously.We have a strict no-retaliation policy regarding good faith reports of activities that violate our code,laws,regulations,and policies.Our Compliance Committee,comprised of our CFO,EVP Operations,and SVP of Human Resources,ensures communication of and adherence to NVIDIAs ethics pol
213、icies;establishes procedures for the receipt,retention,and treatment of complaints;and promptly and thoroughly conducts ethics-related investigations in partnership with relevant organizations within NVIDIA.The Nominating and Corporate Governance Committee oversees the Compliance Committee and recei
214、ves ethics complaints.The Compliance Committee periodically reviews and assesses the effectiveness of its procedures and adjusts as necessary.Our third-party auditor reviews cases quarterly and process updates annually.Employees who wish to understand NVIDIAs investigations process have access to an
215、 online training course.Trustworthy AIWe endeavor to deliver AI models that:Perform safely and as intended,Provide transparency about a models design and limitations,andMinimize unwanted bias and give equal opportunity to benefit from AI.Comply with privacy and data protection laws,Our Trustworthy A
216、I principles,which we share with customers and partners,reflect our core values and code of conduct.Scope and GovernanceTo build Trustworthy AI(TAI),we are developing practices,methodologies,and tools for datasets,machine learning frameworks,AI model development,and software development and testing.
217、We aim to build tools and processes that enable us,our customers and partners,and the ecosystem to build TAI models.Our TAI efforts are led by a head of AI&Legal Ethics and is supported by a dedicated product team.By design,this team is structured to work cross-functionally with product,product secu
218、rity,safety,and infrastructure teams to ensure our AI aligns to our principles.The Audit Committee of our Board receives periodic updates on our TAI program and initiatives.Our global public policy team monitors global regulations and relevant standards to ensure we maintain compliance.In FY24,we pi
219、loted an AI Ethics Committee to advise on generative AI development with members of our engineering,business,and legal organizations.We also launched an internal training module to introduce ways to incorporate TAI principles into our work.Standards and FrameworksWe look to global frameworks such as
220、 the EUs High-Level Expert group on Artificial Intelligence,the U.S.White House AI Bill of Rights,and Singapores Model Artificial Intelligence Governance Framework to guide our software development processes,from concept to performance validation to decommission.We participate in industry-driven ini
221、tiatives like ML Commons,as well as standards bodies like the IEEE Organizational governance of Artificial Intelligence Working Group.In FY24,NVIDIA joined the NIST AI Safety Consortium and Content Authenticity Initiative,which are focused on the development and use of safe and trustworthy AI system
222、s.NVIDIA Sustainability|Responsible Business24Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsModel Risk ManagementNVIDIA aims to reduce the risk of harm from deployment of AI models or systems.Model
223、risk can come from many sources,including datasets used to train the model,malicious attacks against the model,or failure to comply with laws and regulations.Our model risk management guidance is integrated into our AI product lifecycle process,and outlines to all employees working on models the ele
224、ments of development,validation,audit,and documentation.This approach provides internal development teams with guidance to achieve an innovative yet ethically responsible solution.Externally,NVIDIA offers toolkits like NeMo Guardrails for easily developing safe and trustworthy large language model c
225、onversational systems like ChatGPT.100+Model cards enhanced across all domains to meet the Model Card+standardTranslates our principles into actionable product life cycle requirements.Is aligned with and incorporates our privacy policy.Outlines steps to identify,measure,manage,and mitigate risks fro
226、m our AI and machine learning solutions.Model Card ImprovementsModel cards ensure NVIDIA is communicating in the clearest language how its technology was made and should be used when developers work with our AI models.Weve enhanced our model cards to make them more understandable to consumers,invest
227、ors,and policy makers.Those enhancements focused on improved readability with clear language,increased detail around ethical considerations,and greater accessibility on our website.In FY24,we enhanced more than 100 model cards across all domains to meet the Model Card+standard.We also briefed and de
228、moed Model Card+to federal government employees and the Society of Automotive Engineers.Weve designed and continue to improve several tools for internal developers to aid in the creation of TAI models:An inspection dashboard that measures a models completion of essential steps prior to publication,a
229、nd which includes a current performance score and a target goal.Model requirement and dataset approval processes that must be met prior to commercial release.AI and machine learning dataset classification guidance document to support classifying and labeling of vetted datasets.Model cards that accom
230、pany our published models and provide information and guidance on a models uses and limitations,including ethical considerations such as explainability and privacy.NVIDIA Sustainability|Responsible Business25Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct
231、Value ChainResponsible BusinessSustainability IndicatorsHuman RightsThe NCG Committee has oversight of policies and practices in connection with human rights and provides periodic updates to the Board.At the management level,our Corporate Sustainability Steering Committee is responsible for reviewin
232、g and ensuring the effectiveness of our human rights program.Through this governance body and related executive engagement,management undertakes all actions it deems reasonable and necessary to ensure compliance with our Human Rights Policy.We regularly assess human rights-related risks and potentia
233、l impacts,review our policies and management processes,and seek input from stakeholders on our approach.We have begun preparation for a human rights impact assessment across our value chain.We plan to use the results of that assessment to enhance our human rights policy and program.All our employees
234、 are required to complete training on our code,which includes our commitment and guidelines to respect human rights.Employees,suppliers,and other external stakeholders can confidentially and anonymously report a concern about human rights using our Speak-Up line,which is available in seven languages
235、.Our investigations team will promptly investigate human rights allegations it becomes aware of through our Speak Up line and present any findings to the Compliance Committee that require the input of that committee.We do not tolerate retaliation against anyone for making a complaint in good faith,b
236、ringing a potential violation to the attention of management,or participating or assisting in an investigation.NVIDIA has been a signatory of the UN Global Compact since June 2022.We are also a member of the Responsible Labor Initiative(RLI),the Public-Private Alliance for Responsible Minerals Trade
237、(PPA),and the Responsible Minerals Initiative.Upstream Human Rights We take the issue of forced labor very seriously and conduct regular audits to ensure all workers in our supply chain are treated with respect and dignity.We are full members of the Responsible Business Alliance(RBA)and work with th
238、em and similar industry groups to prevent and eliminate forced labor from global supply chains.Through the RBA,we also work with expert organizations,NGOs,and academia to advance our program and standards,and we support efforts at an industry level to identify and remediate actual and potential case
239、s of labor and human rights abuse.Our supplier audits have not identified incidents of forced Uyghur labor.We expect our suppliers to maintain progressive employment,health,safety,and ethical practices that meet or exceed applicable laws,the RBA Code of Conduct,our code of conduct,and our Human Righ
240、ts Policy.We also encourage suppliers to use the RBA Code of Conduct as a platform to go above and beyond compliance.We participate in RBAs RLI and monitor our supply chain through VAP audits,which cover freely chosen employment,child labor,and freedom of association.In FY24,we reviewed VAP audits o
241、n 67%of our strategic suppliers,bringing total audits in the past two years to 93%.If we uncover findings during these audits,we work directly with suppliers to implement any corrective actions.In FY24,we oversaw the remediation and repayment by suppliers of fees to workers who were discovered throu
242、gh audits to have paid recruitment fees.Product Due DiligenceWe believe AI will enhance human welfare and human rights in a myriad of ways.NVIDIA is accelerating the AI revolution by creating platforms and computing tools that help developers,researchers,and data scientists innovate in these areas.H
243、uman Rights PrinciplesWe follow the laws of the countries in which we operate and endorse internationally recognized principles,including:International Covenant on Economic,Social and Cultural Rights Core Conventions of the International Labour Organization ILO Declaration on Fundamental Principles
244、and Rights at Work United Nations Global Compact United Nations Guiding Principles Universal Declaration of Human Rights International Covenant on Civil and Political RightsNVIDIA Sustainability|Responsible Business26Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and Inclusio
245、nProduct Value ChainResponsible BusinessSustainability IndicatorsOur products are programmable and general purpose in nature.When we provide tools to help developers create applications for specific industries,we focus on creating products and services that enable developers to create and accelerate
246、 socially beneficial applications.When we create new products,platforms,or services,we have an interdisciplinary team to evaluate whether our offerings could be used in conflict with our Human Rights Policy and provide recommendations to minimize any such risk.Public PolicyNVIDIA engages in the publ
247、ic policy process to produce better outcomes for people throughout the world while advancing the long-term interests of the company and shareholders.We work with public leaders by bringing the companys technical expertise to bear on issues of importance,such as competitiveness,climate change,and AI.
248、We continued engagements in the U.S.on issues that impact NVIDIAs public policy priorities,such as AI development and semiconductor design.In FY24,we joined several dialogues in the public sector.We discussed Model Card+with the U.S.House Science,Space,and Technology and Senate Commerce Committees,A
249、I Caucus Congressional staffers,and the White House National Security Council.We talk to think tanks on energy-efficient supercomputing.We also hosted a government briefing on NeMo Guardrails,ensuring comprehensive engagement on our commitment to responsible AI development.Our CEO Jensen Huang joine
250、d leaders from the White House,Congress,and tech industry to discuss AI standards and best practices.We also announced support for voluntary commitments that the Biden Administration developed to ensure advanced AI systems are safe,secure,and trustworthy.In Europe,we engaged with stakeholders in the
251、 European Commission,European Parliament and Council of the European Union on the development of policy issues and key regulatory filings.Accordingly,NVIDIA is listed in the EU Transparency Register.In the UK,we participated in the AI Safety Summit at which the Bletchley Declaration was signed by 28
252、 countries committed to safe and responsible AI development.“AI is increasingly defining our era,and its potential can best be fulfilled with broad access to its transformative capabilities.”-NVIDIA founder and CEO Jensen HuangIn a major stride toward building a shared national research infrastructu
253、re,the U.S.National Science Foundation has launched the National Artificial Intelligence Research Resource pilot program with significant support from NVIDIA.The initiative aims to broaden access to the tools needed to power responsible AI discovery and innovation.It was announced in January 2024 in
254、 partnership with 10 other federal agencies as well as private-sector,nonprofit and philanthropic organizations.NVIDIA Sustainability|Sustainability Indicators27Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability I
255、ndicatorsSustainability IndicatorsNVIDIA is committed to transparency,and the following tables provide our disclosure on key sustainability metrics.We report metrics material to our company and sector using the following frameworks and standards:Task Force for Climate-Related Financial Disclosures(T
256、CFD),Sustainability Accounting Standards Board(SASB)for the Technology and Communications sector,Semiconductor industry,and Global Reporting Initiative(GRI).We reference indicators that align with the United Nations Global Compact(UNGC)Communication on Progress(CoP).NVIDIA reports with reference to
257、the 2021 GRI standards.About NVIDIAMetricFY24Reference IndicatorOrganizational details2024 10-K,pp.4-5,11GRI 2-1Activities,value chain,and other business relationships2024 10-K,pp.5-7 Product Value ChainGRI 2-6Governance structure and compositionSustainability Governance Committee Composition 2024 P
258、roxy Statement,pp.15-30 GRI 2-9 UNGC G5,G11Nomination and selection of the highest governance bodyCorporate Governance Policies of the Board of DirectorsGRI 2-10Chair of the highest governance bodyBoard of Directors Committee Composition 2024 Proxy Statement,pp.25-26 GRI 2-11Collective knowledge of
259、the highest governance body2024 Proxy Statement,pp.19-24GRI 2-17Evaluation of the performance of the highest governance body2024 Proxy Statement,pp.30-33GRI 2-18Remuneration policies and process to determine remuneration2024 Proxy Statement,pp.37-38,43-59 2023 CDP Climate Change Response,pp.6-8GRI 2
260、-19,2-20 UNGC G10Annual total compensation ratio2024 Proxy Statement,pp.60-61 GRI 2-21Statement on sustainable development strategyMessage From Our CEO 2024 GTC KeynoteGRI 2-22 UNGC G1NVIDIA Sustainability|Sustainability Indicators28Message From Our CEOIntroductionClimate and EfficiencyPeople,Divers
261、ity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsAbout NVIDIA(continued)MetricFY24Reference IndicatorMembership associations Political Contributions and Expenditures Policy Public PolicyGRI 2-28Approach to stakeholder engagementPublic Policy People,Diversity and Inclu
262、sion Product Value ChainGRI 2-29Compliance with laws and regulationsWe consider significant fines that are required to be disclosed in the Companys SEC filings.See our 2024 Form 10-K filed with the SEC,pp.10.GRI 2-27Sustainability GovernanceEntities included in the organizations sustainability repor
263、tingOur sustainability reporting covers the same entities as our financial reporting.See our 2024 Form 10-K filed with the SEC,pp.86.GRI 2-2Reporting period,frequency,and contact pointThis report covers our fiscal year ended January 28,2024(FY24).We publish our Sustainability report annually,and pre
264、vious reports can be found in the NVIDIA Report Archive.We can be reached at NVIDIACorporateS.GRI 2-3Approach to sustainability governanceSustainability Governance 2023 CDP Climate Change Response,pp.4-6GRI 2-12,2-13,2-14 UNGC G1,G4,G5,G7Societal ImpactOperations with local community engagement,impa
265、ct assessments,and development programsFY24 Foundation Annual ReportGRI 413-1Political contributionsPolitical Contributions and ExpendituresGRI 415-1NVIDIA Sustainability|Sustainability Indicators29Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value Chai
266、nResponsible BusinessSustainability IndicatorsClimate and EfficiencyMetricFY24FY23FY22Reference IndicatorGHG Emissions1(MT CO2e)Scope 114,39012,3464,612GRI 305-1 UNGC E6 SASB TC-SC-110a.1Scope 2,market-based40,55560,67178,210GRI 305-2 UNGC E6Scope 1 and 2,market-based54,94573,01782,822Scope 2,locati
267、on-based178,087142,909133,569GRI 305-2 UNGC E6Scope 33,637,4783,514,0002,701,477GRI 305-3 UNGC E6,E6.1Category 1:Purchased goods and services23,216,144 2,975,1892,506,722Category 2:Capital goods2200,483 353,28062,586Category 3:Fuel-and energy-related activities61,59067,80550,631Category 4:Upstream t
268、ransportation and distribution72,562 60,57237,910Category 5:Waste generated in operations3617579291Category 6:Business travel217,132 8,633576Category 7:Employee commuting23,019 14,99021,189Category 8:Upstream leased assets45,93132,95221,572External assuranceReport of Independent Accountants for sele
269、ct metrics for FY23 and FY24.GRI 2-5 UNGC G13GHG emissions intensity(Scope 1 and 2 MT CO2e/$M revenue)0.92.7 3.1GRI 305-41 NVIDIA annually considers reporting boundaries,data sources,and calculation methodology used to calculate scope 1,2 and 3 emissions.Please see our management assertion for detai
270、ls on our methodology.2 We are continually striving to improve the accuracy of our GHG emissions reporting.In FY24,we changed our measurement methods and criteria for select metrics and have retrospectively updated our previously reported values for FY23 scope 3 emissions for categories 1,2 and 6.3
271、Emissions from waste generated in operations are calculated only for our Santa Clara,CA headquarters location.NVIDIA Sustainability|Sustainability Indicators30Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability Ind
272、icatorsClimate and EfficiencyMetricFY24FY23FY22Reference IndicatorReduction of GHG emissionsClimate and Efficiency 2023 CDP Climate Change Response,pp.29-46,71GRI 305-5 SASB TC-SC-110a.2Energy(MWh)Energy used 612,008496,901424,997GRI 302-1 UNGC E9Non-renewable electricity purchased 134,287249,429251
273、,760Renewable electricity purchased 419,980193,465154,160Renewable electricity generated,onsite solar 5991,079762Fuels purchased 57,14252,92718,315Renewable electricity percentage(%)76%44%38%Energy intensity(Energy used MWh/$M revenue)10.118.415.8GRI 302-3 UNGC E9External assuranceReport of Independ
274、ent Accountants for select metrics for FY24.GRI 2-5 UNGC G13Reduction of energy consumptionEnergy-Efficient Operations 2023 CDP Climate Change Response,pp.38-40GRI 302-4 UNGC E9Reductions in energy requirements of products and servicesProduct Energy EfficiencyGRI 302-5 UNGC E9 SASB TC-SC-410a.2Energ
275、y management in manufacturingWe are a fabless semiconductor company and do not have our own manufacturing facilities.See Product Environmental Impact for how we work with suppliers to track energy usage.SASB TC-SC-130a.1 NVIDIA Sustainability|Sustainability Indicators31Message From Our CEOIntroducti
276、onClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsClimate and EfficiencyMetricFY24FY23FY22Reference IndicatorWaste4(metric tons)Waste generated2,3451,856937GRI 306-3 UNGC E17Waste recycled/composted1,6581,068526Landfill diversion ra
277、te(%)71%58%56%GRI 306-4 UNGC E18General waste recycled374295127General waste composted928460102Clean paper recycled264817Batteries,hazardous waste,and lamps recycled331Electronic waste recycled5815251Construction/demolition waste recycled27083228Waste landfilled687789411GRI 306-5 UNGC E18General was
278、te landfilled639696224Hazardous waste landfilled070Construction/demolition waste landfilled4886186Management of waste-related impacts Waste ManagementGRI 306-1,306-2Amount of hazardous waste from manufacturingWe are a fabless semiconductor Company and do not have our own manufacturing facilities.See
279、 Product Environmental Impact for how we work with suppliers to track waste reduction efforts.SASB TC-SC-150a.14 Waste is reported for our Santa Clara,CA headquarters location.NVIDIA Sustainability|Sustainability Indicators32Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and
280、InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsClimate and EfficiencyMetricFY24FY23FY22Reference IndicatorWater5(m)Water withdrawal382,636376,656431,991GRI 303-3 UNGC E11 SASB TC-SC-140a.1Water consumption134,219197,849239,780GRI 303-5 SASB TC-SC-140a.1Water discharge 248,4
281、17178,807192,210GRI 303-4Percentage of water withdrawn in regions with High or Extremely High Baseline Water Stress2023 CDP Water Security Response,pp.14-17SASB TC-SC-140a.1Interactions with water as a shared resourceWater ConservationGRI 303-1 UNGC E115 FY22 and FY23 figures are revised to align to
282、 the operational control boundaries of our Scope 1 and 2 GHG inventory.Our water data is not comparable year-over-year due to calculation methodology changes.NVIDIA Sustainability|Sustainability Indicators33Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct V
283、alue ChainResponsible BusinessSustainability IndicatorsPeople,Diversity and InclusionMetricFY24Reference IndicatorEmployees 2024 10-K,pp.11-12GRI 2-7Collective bargaining agreementsEmployees in Brazil are unionized,and employees in Belgium,Denmark,Finland,France,Germany,Italy,Netherlands,Poland,and
284、Sweden could participate in unions but NVIDIA is legally not allowed to inquire about their involvement.4.5%represents the highest possible unionized presence that could exist in NVIDIAs workforce.There are collective bargaining agreements in Belgium,Finland,France,Israel,and Italy,covering 13.4%of
285、our employee population.GRI 2-30 UNGC L1.2Benefits and promotion of worker health Benefits and Compensation Benefits at NVIDIAGRI 401-2,401-3,403-6 UNGC L1,L2,L3,L4,L5,L11,L12Programs for upgrading employee skills and average hours of trainingLearning and DevelopmentGRI 404-1,404-2Percentage of empl
286、oyees receiving regular performance and career development reviewsPay and PromotionGRI 404-3Ratio of basic salary and remuneration of women to menPay and PromotionGRI 405-2 UNGC L8MetricFY24FY23FY22Reference IndicatorEmployee Health and SafetyLost-time case rate(U.S.)60.010.01-GRI 403-2,403-9 UNGC L
287、9OSHA recordable incident rate(U.S.)60.110.100.06Fatalities(global)NoneNoneNoneGRI 403-96 The Lost Time Case Rate is calculated by multiplying the number of incidents that were lost time cases by 200,000 and dividing by the number of labor hours at the company.The OSHA recordable incident rate calcu
288、lated by multiplying the number of recordable cases by 200,000 and dividing by the number of labor hours at the company.NVIDIA Sustainability|Sustainability Indicators34Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustaina
289、bility IndicatorsPeople,Diversity and InclusionMetricFY24Reference IndicatorEmployee Health and SafetyOccupational health and safetyOur Health and Safety(H&S)team oversees workplace conditions for NVIDIANs globally.H&S team members provide guidance to ensure that facilities meet or exceed local safe
290、ty requirements,promote safe work practices,and support compliance with applicable health and safety legislation and policies.Our H&S framework includes:A network of office-level committees and site safety officers.Globally applicable programs on topics including ladder safety,ergonomics,vehicle saf
291、ety,and chemical management.Role-specific online training courses such as hazardous waste,data center safety,lab safety,and site safety officer training.We identify and assess hazards and risks through routine inspections,external audits,incident reporting,and investigations.Incidents and the result
292、s of incident investigations are recorded in our global security database.Our processes for hazard assessment and incident investigation are documented in our Illness and Injury Prevention Program.GRI 403-1,403-4,403-5,403-7,403-8 UNGC L1,L2,L3,L4,L5 SASB TC-SC-320a.1Total amount of monetary losses
293、as a result of legal proceedings associated with employee health and safety violations We disclose information on legal proceedings in our quarterly reports on Form 10-Q and our Annual Reports on Form 10-K.In FY24,there were no instances associated with employee health and safety violations.SASB TC-
294、SC-320a.2NVIDIA Sustainability|Sustainability Indicators35Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsWorkforce and Diversity Data MetricFY24FY23FY22Reference IndicatorRegion7Americas 49.8%49.6%48
295、.5%GRI 2-7APAC 16.8%16.7%16.2%EMEA 19.8%19.7%20.3%India 13.6%14.1%15.0%Employee Type7Executive 0.1%0.1%0.1%GRI 405-1Management 16.7%17.2%17.6%Regular Employees 83.2%82.7%82.3%Age720-30 Years 22.0%22.8%22.7%GRI 405-131-50 Years 63.4%62.8%62.8%51+Years 14.6%14.4%14.5%Gender7Women 19.7%19.2%19.0%GRI 40
296、5-1Men 79.4%80.0%80.4%No data or not disclosed 0.9%0.8%0.6%NVIDIA Sustainability|Sustainability Indicators36Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsWorkforce and Diversity Data MetricFY24FY23F
297、Y22Reference IndicatorPositions Held By WomenIn technical roles 15.2%14.7%14.4%GRI 405-1Managers 17.7%17.1%16.5%Leaders 13.1%11.4%12.0%Executive Officers 40.0%40.0%40.0%Board of Directors 33.3%23.1%23.1%Race/Ethnicity(U.S.)7American Indian Or Alaska Native 0.1%0.1%0.2%GRI 405-1Asian 51.0%50.0%49.2%B
298、lack Or African American 2.1%2.2%2.4%Hispanic Or Latino 3.9%3.6%3.3%Native Hawaiian Or Other Pacific Islander 0.3%0.3%0.3%Two Or More Races 1.5%1.4%1.4%White 35.3%36.3%36.8%No data or not disclosed 5.9%6.0%6.5%Employee Self-Identification(U.S.)Disability 3.2%2.7%2.1%GRI 405-1Veteran 1.5%1.5%1.4%New
299、employee hires and employee turnoverRecruitment Engagement and RetentionGRI 401-1Diversity of governance bodies and employees2024 Proxy Statement,pp.7,18GRI 405-1,UNGC G117 Numbers may not sum to 100%due to rounding effects.NVIDIA Sustainability|Sustainability Indicators37Message From Our CEOIntrodu
300、ctionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsProduct Value Chain MetricFY24Reference IndicatorNew suppliers that were screened using environmental or social criteriaResponsible Sourcing Human RightsGRI 308-1,414-1Negative im
301、pacts in the supply chain and actions takenResponsible Sourcing Human Rights NVIDIA Responsible Minerals PolicyGRI 308-2,414-2 SASB TC-SC-440a.1Operations and suppliers in which the right to freedom of association and collective bargaining may be at riskRisk Assessment and Auditing Human Rights Poli
302、cyGRI 407-1 UNGC L1,L2,L3,L4,L5,L11,L12Operations and suppliers at significant risk for incidents of child laborHuman Rights Risk Assessment and Auditing Human Rights PolicyGRI 408-1 UNGC L1,L2,L3,L4,L5,L11,L12Operations and suppliers at significant risk for incidents of forced or compulsory laborHu
303、man Rights Risk Assessment and Auditing Human Rights PolicyGRI 409-1 UNGC L1,L2,L3,L4,L5,L11,L12Percentage of production from owned facilitiesWe are a fabless semiconductor Company and do not have our own manufacturing facilities.SASB TC-SC-000.B NVIDIA Sustainability|Sustainability Indicators38Mess
304、age From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsResponsible BusinessMetricFY24Reference IndicatorConflicts of interestCorporate Governance Policies of the Board of Directors 2024 Proxy Statement,pp.45 GRI
305、 2-15Communication of critical concernsInvestigations ProcessGRI 2-16Policy commitmentsCompany PoliciesGRI 2-23 UNGC G2,G3,G7,G7.1 HR2,HR2.1,L1.1,E1.1Embedding policy commitmentsOur Code Code of ConductGRI 2-24Mechanisms for seeking advice and raising concernsInvestigations ProcessGRI 2-25,2-26 UNGC
306、 G8Total amount of monetary losses as a result of legal proceedings associated with anti-competitive behavior regulationsWe disclose information on legal proceedings in our quarterly reports on Form 10-Q and our Annual Reports on Form 10-K.SASB TC-SC-520a.1Anti-corruption policies and proceduresAnti
307、-Corruption PolicyGRI 205-1,205-2 UNGC AC3,G6NVIDIA Sustainability|Sustainability Indicators39Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsTCFD Index We disclose information relevant to the recomme
308、ndations prescribed by the Task Force for Climate-Related Financial Disclosures(TCFD)in our 2023 CDP Climate Change response.Disclosure ItemRecommended DisclosureCross-ReferenceGovernancea.Board OversightDescribe the Boards oversight of climate-related risks and opportunities.C1.Governance C1.1;pp.4
309、-5b.Managements RoleDescribe managements role in assessing and managing climate-related risks and opportunities.C1.Governance C1.2;pp.6Strategya.Risks and OpportunitiesDescribe the climate-related risks and opportunities the organization has identified over the short,medium,and long term.C2.Risks&Op
310、portunities C2.1,C2.3 and C2.4;pp.9-10,14-20b.Impact on OrganizationDescribe the impact of climate-related risks and opportunities on the organizations businesses,strategy,and financial planning.C2.Risks&Opportunities C2.3 and C2.4;pp.14-20,C3.Business Strategy C3.1,C3.2,C3.3,C3.4;pp.,20-28c.Resilie
311、nce of StrategyDescribe the potential impact of different scenarios,including a 2C scenario,on the organizations businesses,strategy,and financial planning.C3.Business Strategy C3.2;pp.21-24Risk Managementa.Risk Assessment ProcessesDescribe the organizations processes for identifying and assessing c
312、limate-related risks.C2.Risks&Opportunities C2.1 and 2.2;pp.9-14b.Risk Management ProcessesDescribe the organizations processes for managing climate-related risks.C2.Risks&Opportunities C2.1,and C2.2;pp.9-14c.Integration into Overall Risk ManagementDescribe how processes for identifying,assessing,an
313、d managing climate-related risks are integrated into the organizations overall risk management.C2.Risks&Opportunities-C2.1,C2.2;pp.9-14,C3.Business Strategy C3.3 and C3.4;pp.24-28Metrics and Targetsa.Climate-Related MetricsDisclose the metrics used by the organization to assess climate-related risks
314、 and opportunities in line with its strategy and risk management process.C4.Targets and Performance-C4.2;pp.38-42,C5.Emissions Methodology C5.1,C5.2,C5.3;pp.47-56,C8.Energy-C8.2;pp.73-111b.Scope 1,2,3 GHG EmissionsDisclose scope 1,scope 2,and,if appropriate,scope 3 greenhouse gas(GHG)emissions,and t
315、he related risks.C6.Emissions Data-C6.1,C6.2,C6.3,C6.4,C6.5,and C6.7;pp.56-67,C7.Emissions Breakdowns-C7.1,C7.2,C7.3,C7.4,C7.5,C7.6;pp.68-70c.Climate Related TargetsDescribe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.C4.Targ
316、ets and Performance-C4.1,C4.2;pp.29-42NVIDIA Sustainability|Sustainability Indicators40Message From Our CEOIntroductionClimate and EfficiencyPeople,Diversity and InclusionProduct Value ChainResponsible BusinessSustainability IndicatorsU.N.Sustainable Development Goals We continue to align our busine
317、ss activities to the UN Sustainable Development Goals.Here are a few ways we contributed to the SDGs in FY24.SDGOur SupportOur ImpactOur employees well-being,physical,emotional,and financial health is a top priority,and we aim to support them by offering a suite of services where people can choose w
318、hat works best for them.We partner with NVIDIAs community resource groups to tailor support programs based on targeted needs,including gender affirmation support,enhanced health insurance coverage for members with developmental delays,and mental health counselor search tools.NVIDIA launched more tha
319、n two dozen new microservices that allow healthcare enterprises worldwide to take advantage of the latest advances in generative AI from anywhere and on any cloud.They offer advanced imaging,natural language and speech recognition,and digital biology generation,prediction,and simulation,accelerating
320、 transformation for healthcare companies as generative AI introduces numerous opportunities for pharmaceutical companies,doctors,and hospitals.We continue to invest in entry-level feeder programs around the world,including the NVIDIA Ignite program that prepares first-and second-year college student
321、s for an NVIDIA internship the following summer.We implement tools to help us identify a wider pool of diverse talent in the student population,and our recruitment efforts in the U.S.attracted underrepresented applicants through virtual and on-campus events.Embodying the convergence of AI and academ
322、ia,the University of Florida inaugurated the Malachowsky Hall for Data Science&Information Technology,marking a milestone in the partnership between UF alum and NVIDIA co-founder Chris Malachowsky,NVIDIA and the state of Floridaa collaboration that has propelled UF to the forefront of AI innovation.
323、NVIDIA continues to achieve pay parity,defined as no statistically significant differences in compensation based on gender,race,or ethnicity,for the past several years,and we plan to continue doing so.We offer comprehensive benefits programs worldwide,including full-cost reimbursement for eligible a
324、doption,surrogacy,and fertility treatment expenses.In FY24,five NVIDIANs were among 43 women honored by the Silicon Valley YWCA for excelling in their fields,making significant contributions in their executive and professional roles,and giving back to the community.We believe AI should respect priva
325、cy and data protection regulations,operate in a secure and safe way,function in a transparent and accountable manner,and avoid unwanted biases and discrimination.Trustworthy AI principles are foundational to our end-to-end development and essential for the technical excellence that enables partners,
326、customers,and developers to do their best work.The U.S.National Science Foundation has launched the National Artificial Intelligence Research Resource pilot program with significant support from NVIDIA.The initiative aims to broaden access to the tools needed to power responsible AI discovery and in
327、novation,in partnership with 10 other federal agencies as well as private-sector,nonprofit,and philanthropic organizations.To manage the GHG emissions footprint of our data centers,labs,and offices,we strategically focus on locating new sites,selecting facilities to expand,managing our operations ef
328、ficiently,and sourcing renewable energy.Our current goal to source all global electricity use for offices and data centers under operational control from renewable energy is expected to result in zero scope 2 market-based emissions by the end of our fiscal year ending January 26,2025.The National Gr
329、id Electricity System Operator(ESO)is testing AI models that provide granular,near-term forecasts of sunny and cloudy conditions over the UKs solar panels.With better forecasts,ESO could cut down on the extra fossil fuel energy held as reserveimproving efficiency while decreasing carbon footprint.Ab
330、out This ReportWe welcome feedback on this report and our performance.Send comments and suggestions to NVIDIACorporateS.The discussion of topics included in this report and our other corporate responsibility disclosures should not be read as implying that such topics are“material”in the context of t
331、he U.S.federal securities laws,Delaware General Corporation Law,or any other regulatory framework,even where we use words such as“material”or“materiality”.Our approach to sustainability disclosures is informed by reporting frameworks,such as the GRI,that involve broader definitions of materiality th
332、an used for purposes of our compliance with SEC disclosure obligations.As a result,“materiality”for purposes of our sustainability reporting includes impacts on communities,the environment,and stakeholders such as employees,customers,and suppliers,and the inclusion of topics in our sustainability re
333、porting,even when described as“material,”does not indicate that such topics are material to the Companys business,operations,or financial condition.NVIDIAs reporting follows our fiscal calendar,FY24 data corresponds to the period January 30,2023,to January 28,2024.The information contained in this report is accurate as of approximately May 24,2024,unless stated otherwise.The information is subject
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