Overall impact
B (63)

Commentary

Coherent is a strong overall performer. With a 'B' rating of 63.3 for overall impact (69th percentile compared to all companies), Coherent ranks 18th out of 61 industry peers, behind Armor Group, Samsung SDI, Intevac and 14 others, and ahead of Nam Tai Property, Qualstar, Microwave Filter and 40 others. On top material causes for Coherent's industry (Electronic Equipment, Instruments & Components), Coherent performs well in Racial Justice and Civil Rights (95.0 score), Racial Justice and Civil Rights (95.0), Technology Innovation (94.8) and 3 other causes where it received an 'A' score and performs poorly in Accountable Institutions (37.2 score), Decent, Safe Work Opportunities (32.7), No Poverty (36.1) and 17 other causes where it received a 'D' or 'F' score.
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Impact
Cause COHR
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Company
Founded
1966
Employees
51,478
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Sub-industry
Electronic Components
SASB industry
Semiconductors
Headquarters
Pa, United States
Share classes
IIVI
COHR
Mission
Dedicated to being a catalyst for environmental improvement in our industry - identifying and exploring ways to reduce the global footprint of our facilities and to improve the efficiency of our laser products
Description
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers telecommunication products for fiber-optic transmission; datacom transceivers, including pluggable transceivers for ethernet and fiber channel applications; and advanced optics, such as fiber and precision optics used in projection displays, crystal materials and components for optical communications, filters and assemblies for life sciences, sensors, instrumentation, and semiconductor equipment, as well as ultraviolet (UV), visible, and near-infrared spectroscopy optics for industrial lasers. The Materials segment provides laser optics and accessories; infrared thermal imaging optics and assemblies; polycrystalline materials; thermoelectric components, subassemblies, and systems; ceramic and metal-matrix composite products; semiconductor lasers and laser bars; Q-switched laser modules, uncooled pump laser modules, and laser systems for superhard materials processing; laser processing heads and beam delivery systems; EELs, VCSELs, and detectors; pumps for amplifiers; precision optical assemblies, infrared optics, thin-film coatings and optical materials; optical solutions; and integrated circuits for transceivers. The Lasers segment offers UV gas and solid-state lasers; UV optical systems, line beams, and mask-based imaging systems; UV nanosecond lasers; continuous-wave lasers and systems; amplifiers; subsystems and standard systems; IR lasers; crystals and diode lasers; and specialty polishing and coating solutions. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
Material causes
Ethos considers the following causes material for Coherent, based on its industry sub-industry Electronic Components. Learn more about material causes in our methodology overview.

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