SAN JOSE, Calif., Feb. 26, 2019 /PRNewswire/ -- Maxim Integrated
Products, Inc. (NASDAQ: MXIM) today released its first annual
Corporate Responsibility Report, which details how the company
applies its expertise, technology and people to address
environmental, social and governance issues.
The 2019 Maxim Corporate Responsibility Report underscores
Maxim's commitment to transparency on these key issues, which
include acting responsibly, operating sustainably, building
inclusive workplaces and contributing to the communities in which
employees work and live.
"Maxim is committed to building a smarter, more sustainable
future through the products and technologies we develop, design and
manufacture, as well as through how we treat and respect one
another," said Tunç Doluca, CEO at Maxim Integrated. "For 35 years,
our Company has stood for product and technology innovation, and
we're very proud of that reputation. Now, it's time we tell a
bigger story about Maxim, our people, and the progress we've made
regarding today's most cared-about issues."
Important Facts
Environment
- Approximately 48% of the electricity consumed by Maxim in 2017
was generated from renewable sources.
- Since 2015, the water consumed per employee in cubic meters was
reduced by approximately 50%, surpassing the Company's five-year
goal.
- 2015 to 2017 reductions in environmental impact include:
-
- Reduced greenhouse gases (GHG) by approximately 55%
- Decreased hazardous waste by approximately 24%
- Reduced energy intensity (GWh consumed per $1 billion in revenue) by approximately 48%
Social
- Maxim provided 390,652 meals in 2017 through donations to
Second Harvest Food Bank and 430,644 meals in 2018.
- 2,278 employees were recognized by their peers through an
online peer-to-peer recognition program. (2018)
- Over 5,000 salaried employees were provided continual training
via Maxim University, an online portal. (2018)
- 60% of Maxim's total charitable donations were from employees.
(2018)
- Report includes Maxim's Pledge of Respect and Fairness plus
core values reflecting company culture.
Governance and Ethics
- 25% of Board members are female, and 88% of Board members are
independent directors.
- 100% of Board members are subject to annual re-election.
- In 2018, over 99% of assigned Maxim employees completed
training related to Maxim's Code of Business Conduct and Ethics,
Global Anti-Bribery and Corruption, and Harassment Prevention.
- In Maxim's employee engagement survey, 95% of employees said
they support the values for which Maxim stands, and 86% of
employees believe the CEO's and executive staff's decisions are
consistent with Maxim's core values.
The report was prepared according to the Global Reporting
Initiative (GRI) Standards, the most widely recognized framework
for sustainability reporting.
Availability
The Maxim Corporate Responsibility Report
is available online and in PDF format
(downloadable).
About Maxim Integrated
Maxim Integrated develops innovative analog and mixed-signal
products and technologies to make systems smaller and smarter, with
enhanced security and increased energy efficiency. We are
empowering design innovation for our automotive, industrial,
healthcare, mobile consumer, and cloud data center customers to
deliver industry-leading solutions that help change the world.
Learn more at http://www.maximintegrated.com.
Contact
Kathy Ta
Vice President, Investor Relations
(408) 601-5697
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SOURCE Maxim Integrated Investor Relations