STMicroelectronics Publishes its 20th Annual Sustainability Report
May 24 2017 - 09:01AM
Geneva, May 24, 2017 - STMicroelectronics
(NYSE:STM), a global semiconductor leader serving customers
across the spectrum of electronics applications, announced the
publication of the Company's 2017 Sustainability Report. The report
contains details and highlights of ST's sustainability strategy and
its 2016 performance, in alignment with the United Nations Global
Compact[1] Ten Principles and Sustainable Development Goals.
"This twentieth edition of ST's Sustainability Report highlights
the efforts and achievements we made in 2016 as well as over the
course of the past 20 years," said Carlo Bozotti, President and CEO
of STMicroelectronics. "We are proud of what we have achieved in an
ever-changing business environment. Our business is delivering
sustainable growth, our people are committed to ST and to their
local communities, the impact of our operations on the environment
is strictly managed, and we provide solutions that make the world
safer, more efficient, productive and simpler. Yet, for ST,
sustainability is about continuous improvement by always striving
for excellence. We recognize there is still more to do and we are
committed to doing more, for all our stakeholders."
Among the key sustainability highlights and successes in
2016:
Business
- Completed the certification program announced two years
earlier, with all major ST sites achieving certification to the
latest and most stringent ISO 22301 Business Continuity Management
standard;
- Strengthened Lean practices beyond manufacturing, into all
organizations, including Research and Development, and increased
the number of non-manufacturing employees trained on Lean in 2016
to more than 1,000;
- Deployed internally an innovation collaborative framework
across all ST organizations while continuing to run industrial
partnerships and research programs, reaching a total of 228 active
research partnerships with universities and research laboratories
in 2016;
- Continued to boost our product and technology innovation
efforts with an R&D investment of about US$1.3 billion in 2016.
People and Communities
- Increased the overall number of employee medical check-ups by
19%, using local health programs and prevention campaigns based on
highlighting more common local risks (melanoma, obesity, smoking,
allergies, etc.);
- Maintained focus on safety performance with a recordable case
rate of 0.17, while fully involving subcontractors in ST's "Safety
First program", leading to a 12% decrease of the subcontractors'
accident rate from 0.4 in 2015 to 0.35 in 2016;
- Reduced risks in the Labor and Human Rights domain through
local self-assessment, while also reinforcing controls across our
supply chain. Together these efforts have produced an Electronic
Industry Citizenship Coalition (EICC) Code of Conduct
self-assessment score of 93.9%, 4.2 percentage points above the
industry average;
- In addition, ST encouraged good global citizenship through
contributions to 307 local initiatives, involving almost 30 sites
in 15 countries. These efforts included ST employees donating more
than 125,000 hours of company time to community-based activities
and charities. Supported by ST, the ST Foundation with its Digital
Unify program increased by 37% the number of trainees in 2016
compared to the past year, reaching 403,150 trainees since the
beginning of the program in 2003.
Environment & Operations
- Reduced ST's water footprint by more than 73% since 1994. The
score of B maintained in the CDP's water-disclosure program in 2016
ranked ST above the industry average for its approach to
water-related risk assessment;
- Cut Energy footprint in half and Carbon footprint per wafer by
75% in 20 years. In 2016, ST continued to demonstrate its
commitment to sustainable energy sourcing by responsibly purchasing
more than 23% of the energy from renewable sources, 5% more than in
2015;
- Reused, recovered, or sent for recycling 91.3% of the waste
generated through operations, in line with best-in-class industry
standards;
- Increased the proportion of Responsible Products from 27% of
the products registered in 2015 to 34% at the end of 2016. We
define responsible products as innovative products that provide
clear environmental and social benefits;
- More than 99% of the smelters in our supply chain were
Conflict-Free Sourcing Initiative (CFSI) validated by the end of
2016.
This report, which you can find as a PDF here,aligns with the
Global Reporting Initiative's G4[2] guidelines, best-in-class
reporting standards. ST was also one of the first companies to
commit to the United Nations Global Compact and the report
represents the "Company's Communication on Progress." More
information about ST's approach to Sustainability is
available here.
About STMicroelectronicsST is a global semiconductor
leader delivering intelligent and energy-efficient products and
solutions that power the electronics at the heart of everyday life.
ST's products are found everywhere today, and together with our
customers, we are enabling smarter driving and smarter factories,
cities and homes, along with the next generation of mobile and
Internet of Things devices. By getting more from technology to get
more from life, ST stands for life.augmented.
In 2016, the Company's net revenues were $6.97 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
For further information, please contact:INVESTOR
RELATIONS:Tait
Sorensen
Group VP, Investor RelationsTel: +1 602 485
2064tait.sorensen@st.com
MEDIA RELATIONS:Nelly
Dimey
Director, Corporate Media and Public
RelationsSTMicroelectronicsTel: +33 158 077
785nelly.dimey@st.com
[1] The UN Global Compact asks companies to embrace, support and
enact, within their sphere of influence, a set of core values in
the areas of human rights, labor standards, the environment and
anti-corruption. More information on the UN Global Compact is
available here:
http://www.unglobalcompact.org/aboutthegc/thetenprinciples/index.html
[2] The Global Reporting Initiative (GRI) is a non-profit
organization that promotes economic, environmental, and social
sustainability. GRI provides all companies and organizations with a
comprehensive sustainability-reporting framework that is widely
used around the world. More information is available at
https://www.globalreporting.org
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/d07f6a18-ec56-4b1e-b3ac-5aca95dae9f9
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