Innoviz Impact Report

About This Report

This is our second Impact Report, which covers the company’s impact and sustainability related practices and actions for the calendar year of 2024 (unless stated otherwise).

The report demonstrates our ongoing efforts to create a positive impact for our stakeholders through our business, products and operations. The report relates both to the unique impact of our products and technology, aiming to redefine the landscape of automotive safety, as well as to our efforts to implement sustainable, empowering and safe business practices in our operations.

We are excited to share this Impact Report and are proud of our progress to date.  We are committed to taking meaningful actions to make a positive impact in the world. We look forward to sharing more about our actions and initiatives in next year’s report.

 

Our People

  • More than 95% of our employees underwent performance reviews
  • Approximately 735 high school students, from 21 classes in 8 different cities across Israel were hosted in our headquarters (HQ) in Rosh Ha’ayin
  • 39 of our employees were internally promoted to a more senior role
  • Our employee training programs were expanded, promoting cross-departmental collaboration and efficiency
  • Our social initiatives focused on supporting communities and groups affected by the ongoing war in Israel, fostering community and solidarity among employees

Sustainable Operations

  • All paper, cardboard, and electronic waste from our HQ were sent for recycling
  • Successful completion of a comprehensive winter functionality and resilience test for our InnovizTwo LiDAR
  • Target set: 5% reduction in electricity consumption in our HQ building by end of 2025
  • 29% increase of safety training hours for our employees
  • Implementation of the ergonomic survey results in our HQ office
  • Completion of the first year utilizing the WINT water management system

Responsible Business Practices

    • SAQ 5.0 80B rating the leading sustainability assessment for suppliers of automotive companies
    • Our Nominating, Environment, Social and Governance committee convened 5 times during 2024
    • A new mandatory ethics and compliance digital training was added, designed to ensure high-quality training