Coherent significantly reduces its global carbon footprint with the establishment of worldwide renewable energy contracts

Pittsburgh, april 21, 2023 (globe newswire) -- coherent corp. (nyse: cohr), a global leader in materials, networking, and lasers, today announced that the company is now obtaining greater than 50% of its global electricity needs from renewable energy sources. coherent powers more than 80% of its sites around the world from renewable electricity. in total, this represents over 500 million kwh of renewable electricity per year, thereby avoiding over 85,000 metric tons of co2 emissions annually.
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