Company Directory - ams OSRAM
Company Details - ams OSRAM
ams OSRAM
WebsitePremstätten, Austria
A global leader in innovative light and sensor solutions, focused on illumination, visualization, and sensing.
CCI Score
CCI Score: ams OSRAM
24.00
-0.01%
Latest Event
ams OSRAM Secures State Aid for Semiconductor Expansion
ams OSRAM has secured up to €227 million in funding under the European Chips Act to invest a total of €567 million in a new semiconductor manufacturing facility in Premstätten. The initiative, approved by the European Commission and the Austrian Ministry of Economy and Labor, aims to boost Europe's semiconductor production, technological autonomy, and green transition.
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SABOTEUR
ams OSRAM is currently rated as a Saboteur.
Latest Events
- FEB242025
ams OSRAM has secured up to €227 million in funding under the European Chips Act to invest a total of €567 million in a new semiconductor manufacturing facility in Premstätten. The initiative, approved by the European Commission and the Austrian Ministry of Economy and Labor, aims to boost Europe's semiconductor production, technological autonomy, and green transition.
+40
Public and Political Behavior
March 28
The approval of state aid under the European Chips Act and the supportive government interventions, as highlighted by CEO Aldo Kamper, reflect a collaborative effort between the company and public institutions to strengthen democratic, sovereign capabilities in technology. This alignment with public policy enhances European strategic autonomy.
+50
Technology and Services Impact
March 28
The significant investment in next-generation semiconductor and optoelectronic sensor technology underscores ams OSRAM's commitment to innovative technologies that drive digitalization and enhance Europe's technological infrastructure.
+60
Economic and Structural Influence
March 28
The €567 million investment serves to reinforce Europe’s industrial base and supply chain sovereignty, mitigating reliance on external, potentially authoritarian, production networks. This structural enhancement is a positive force for economic and strategic autonomy in the region.
- APR302024
AMS-Osram announced a restructuring plan due to the cancellation of a microLED project and the planned exit from a Malaysian wafer fab. The changes affect over 500 employees, raising concerns about job security and labor rights as the company reallocates resources towards strengthening its automotive LED market position.
-40
Labor Relations and Human Rights Practices
March 28
The restructuring, marked by the cancellation of a microLED project and divestment from a Malaysian wafer fab, directly impacts over 500 workers. From a labor relations perspective, such moves can exacerbate job insecurity and undermine fair treatment of employees, triggering concerns about worker rights and stability in the face of corporate cost-cutting.
- SEP012023
Osram Licht AG's recommendation of AMS’s 3.7 billion-euro takeover bid has provoked union anger, with labor groups warning that the deal could result in significant job cuts and facility closures. Employee representatives, who hold considerable sway on Osram’s supervisory board, expressed strong disapproval of the move, indicating potential disregard for workers’ rights.
-50
Labor Relations and Human Rights Practices
March 28
The reported backing of the takeover despite strong union opposition—highlighted by statements from IG Metall Bayern—suggests a disregard for employee representation and potential for job losses, thereby reflecting poor labor relations and human rights practices.
Osram Feeds Union Anger After Backing $4.1 Billion AMS Offer
- JAN012023
ams OSRAM published its Sustainability Report 2023, outlining measures to enhance sustainability across ecological, economic, and social dimensions. The report details efforts to implement supply chain due diligence obligations for Union importers of tin, tantalum, and tungsten, demonstrating the company’s commitment to transparency and ethical sourcing.
+70
Supply Chain Ethics
March 28
The sustainability report highlights proactive supply chain ethics practices by establishing due diligence obligations, which are crucial for preventing human rights abuses and reducing complicity in exploitative practices often associated with authoritarian regimes. The focus on ethical sourcing and transparency supports worker rights and corporate accountability.
- JAN012023
ams OSRAM detailed its comprehensive policies for human rights and environmental due diligence, including robust whistleblower systems, risk assessments, and supplier guidelines, reflecting a proactive commitment to ethical business practices within its global supply chain.
+80
Labor Relations and Human Rights Practices
March 28
By establishing clear guidelines and procedures in its Code of Conduct for employees and suppliers as well as a whistleblower system, ams OSRAM demonstrates a strong commitment to protecting human rights and ensuring safe labor practices. This proactive stance supports workers and marginalized communities, countering authoritarian neglect in corporate labor practices.
+80
Supply Chain Ethics
March 28
The company extends its human rights commitment to its supply chain by enforcing ethical standards for suppliers through its Code of Conduct and contractual obligations. This measure is crucial for ensuring that human rights are respected beyond the direct operations, thereby promoting ethical sourcing and supply chain transparency.
- JAN012023
ams OSRAM's governance page outlines the implementation of a Compliance Management System (CMS) focused on preventing legal and ethical violations, including anti-corruption and data privacy breaches, and provides a secure, anonymous whistleblowing channel for both employees and third parties. This initiative underscores the company's commitment to ethical business practices and responsible supply chain management.
+70
Business Practices and Ethical Responsibility
March 28
The introduction of a comprehensive Compliance Management System reflects a strong commitment to ethical business practices. By establishing a framework to prevent corruption, antitrust violations, data privacy breaches, and other unethical conduct, ams OSRAM is fostering transparency and accountability within its operations and supply chain. This proactive governance measure contributes positively to countering authoritarian and exploitative practices by promoting fair and responsible corporate behavior.
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Industries
- 334413
- Semiconductor and Related Device Manufacturing
- 335999
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