KLA Corp.

Milpitas, UNITED STATES (U.S.A.)www.kla.com/
Invested through / Financed by
  • Triodos Global Equities Impact Fund
Asset classListed equity
Impact strategyImpact Equities and Bonds
SectorManufacturing
ISIN codeUS4824801009
Industry groupSemiconductors & Semiconductor Equipment
Sustainable Development Goals (SDGs)
  • Good health and well-being

KLA Corporation produces and distributes semiconductors. The company offers surface profilers, nanomechanical testers, chips and semiconductor assembly solutions. KLA markets its products in the United States.

Investment rationale

KLA is a theme fit for Innovation for sustainability. KLA mainly delivers a positive impact by making the chip manufacturing process more efficient. This is important given that chips are necessary for technological advancement of almost any electronic device (e.g. EV, healthcare machinery, solar panels, etc) and that chip production requires very high amount of energy.

KLA offers process control and yield management solutions (~100% sales). The data this generates is used to detect inefficiencies and waste, which are then optimised or even eliminated. Through the acquisition of Orbotech, KLA can now do the same for the production of electronics (PCBs) and displays (FPDs). As such, KLA's machines enable a more sustainable production of chips and related products, and helps semiconductor manufacturers achieve higher yield and reliability throughout their fabrication processes, from R&D to ramp-up and final volume production.

From a process point of view, KLA enables customers to reuse equipment and focuses on reducing its own environmental footprint. Key areas of focus are materials & packaging, transport, emissions & waste, water usage and diversity.