STMicroelectronics publishes its 19th Sustainability Report
STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the publication of the Company’s 2015 Sustainability Report. This nineteenth annual report discloses details of the Company’s Sustainability strategy and provides a clear view of ST’s programs, 2015 performance and concrete actions implemented worldwide.
“In line with ST’s vision to be everywhere microelectronics make a positive contribution to people’s lives, sustainability is deeply embedded in all of our business activities,” said Carlo Bozotti, President and CEO of STMicroelectronics.
“During 2015, we achieved significant results across the three pillars of our sustainability strategy: Environment & Operations, People, and the Business. Our efforts are all about building a responsible and enduring future, creating value and minimizing risks for all of our stakeholders through effective management of our economic, environmental and social impacts.”
Among the key sustainability highlights in 2015:
Continued to maintain a strong presence in the major sustainability indices including the Dow Jones Sustainability Index (DJSI) Europe and the Financial Times Stock Exchange’s index FTSE4Good;
Improved Carbon Disclosure Project (CDP) score to 96-B, three points higher than 2014 score;
Updated the ST Code of Conduct, which maintains ST’s values and provides real-world examples of responsible actions, encouraging a ‘speak-up’ culture aligned with the Company’s high standards and ethics;
22.5% of the energy purchased came from renewable energy compared to 7.4% in 2012;
Carried out 43,000 field safety visits in 18 sites;
Delivered 2.1 million hours of training to employees through a “total learning” approach that uses multiple methods and tools to meet organizational priorities and employee-development needs;
Expanded monitoring of supply-chain risks by requesting 100% of key suppliers and subcontractors renew their commitment to respect the newly-deployed Version 5.0 of the EICC (Electronics Industry Citizenship Coalition) Code;
Reduced the risk of forced labor and illegal practices by hiring directly 100% of new foreign migrant workers to prevent the violation of vulnerable-workers’ rights in certain countries.
In addition, ST encouraged good global citizenship and recorded 338 community-related initiatives, including cash donations and contributed more than 130,000 hours of donated company time to these efforts.
The report has been prepared according to the Global Reporting Initiative (GRI) G4 guidelines at the Core level and verified by DNV GL, a third party auditor, who reviewed and validated ST’s data reporting process, content and adherence to GRI G4.
ST was one of the first companies to commit to the United Nations Global Compact in 2000 and the report represents the “Company’s Communication on Progress.”
Source: STMicroelectronics: www.st.com.