PR N° C2974C
STMicroelectronics to be
Carbon Neutral by 2027
- Comprehensive roadmap covers the reduction of direct
and indirect emissions, including product transportation, business
travel, and employee commuting
- Will source 100% renewable energy by 2027
- Intermediate milestone, to be achieved by 2025, with
full compliance to the 1.5°C scenario defined at the Paris COP21,
endorsed by the Science Based Targets Initiative
(SBTi)
Geneva, Switzerland, December 9, 2020 –
STMicroelectronics (NYSE: STM), a global semiconductor
leader serving customers across the spectrum of electronics
applications, announced its goal to become carbon neutral by 2027,
the earliest date anticipated for any semiconductor company
globally. ST’s comprehensive roadmap to carbon neutrality includes
two specific targets: compliance with the 1.5°C scenario defined at
the Paris COP21 by 2025, which implies a 50% reduction of direct
and indirect emissions compared to 2018, and the sourcing of 100%
renewable energy by 2027.
ST’s action plan will reduce:
- Its direct emissions of greenhouse gases (scope 1), mainly
through investment in equipment to burn the gases remaining after
manufacturing;
- Its overall energy consumption (scope 2);
- Its emissions from product transportation, business travel, and
employee commuting (scope 3);
- Remaining emissions through the identification and
implementation of the most credible and relevant carbon avoidance
and sequestration programs.
ST will also source 100% renewable energy by 2027 through a
combination of on-site solar installations, green-power purchase
agreements and green certificates. The target compares to a
baseline of 26% in 2019.
ST will also implement collaborative programs and partnerships
in all its ecosystems to promote carbon neutrality among all
stakeholders and to encourage environmental innovations.
Within the framework of this program, ST has joined the Science
Based Targets initiative (SBTi)1. The SBTi has approved ST’s
targets related to 1.5°C compliance, on direct and indirect
greenhouse-gas emissions and sourcing of renewable energy.
“Sustainability is part of our DNA, values, and business
model, and we have achieved strong results across all key
metrics throughout the last 25 years. The innovative technologies
we develop play a key role in helping to solve our customers’
challenges, and we believe they also bring an important
contribution to overcome global environmental, social, and societal
challenges. We have obtained solid results with our previous plans,
but we will do more,” said Jean-Marc Chery, STMicroelectronics’
President & CEO. “ST is stepping up its ambition and plans for
the sustainability of its operations. We will become carbon neutral
by 2027, for the 40th anniversary of ST’s creation. We have built a
comprehensive program with very ambitious targets for a company
with such a large, global manufacturing footprint, and we will be
working with key partners and stakeholders in a collaborative
approach.”
ST has been actively working on reducing its environmental
footprint through dedicated programs for many years. In 2019 it had
already achieved the goals it had set for 2025 regarding greenhouse
gas emission reduction, with a 21% reduction per unit of production
compared with 2016.
NOTE TO EDITORS
Sustainability and sustainable technology at the heart
of ST’ vision and solutions
Sustainability at ST guides the way we innovate, behave,
and conduct our business and through relationships with customers,
partners, and employees, - driven by our values: integrity, people,
and excellence. ST’s technologies are enablers of safer, greener
mobility and advanced power and energy management across all type
of systems and devices. We are the inventors and market leader in
smart power technologies, and we continue to lead the movement to
more energy-efficient technologies with strategic programs focusing
on enabling higher-performance solutions for our customers across
the markets we serve with semiconductor technologies and products
based on Silicon Carbide (SiC) and Gallium Nitride (GaN).
Through our “Sustainable Technology Program” started in 2011, we
design products by systematically taking into consideration the
environmental impact of the device throughout its lifecycle,
including responsible sourcing, eco-design, manufacturing,
transportation, usage, and end-of-life processing. The
percentage of new products that are classified as “responsible” in
our portfolio increased from 50% in 2018 to 62% in 2019.
In 2025 we will triple the percentage of revenue generated by
responsible products vs 2016.
Partnering and monitoring to accelerate our
achievements
Our environmental performance and management systems are
regularly evaluated and certified through internal and third-party
audits. Our effective 2019 performance and management approach were
recognized with an A score in the 2020 CDP Climate Change
list, positioning ST among leaders in climate transparency
and actions to cut emissions, mitigate climate risks and develop
the low-carbon economy. We also reiterated our proactive commitment
to reducing our carbon footprint by joining the 99
signatory companies of the French Business Climate Pledge.
Our longstanding efforts were recognized again in 2020, with
ST’s presence for the third consecutive year in the Dow
Jones Sustainability World index.
The STMicroelectronics 2020 Sustainability Report (2019
performance) can be viewed here and downloaded as a PDF
here.
About STMicroelectronicsAt ST, we are 46,000
creators and makers of semiconductor technologies mastering the
semiconductor supply chain with state-of-the-art manufacturing
facilities. An independent device manufacturer, we work with our
100,000 customers and thousands of partners to design and build
products, solutions, and ecosystems that address their challenges
and opportunities, and the need to support a more sustainable
world. Our technologies enable smarter mobility, more efficient
power and energy management, and the wide-scale deployment of the
Internet of Things and 5G technology.
Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:Céline BerthierGroup VP, Investor RelationsTel:
+41.22.929.58.12celine.berthier@st.com
MEDIA RELATIONS:Alexis BretonCorporate External
CommunicationsTel: + 33 6 59 16 79 08alexis.breton@st.com
1 The Science Based Targets initiative is a
collaboration between the Carbon Disclosure Project (CDP), the
World Resources Institute (WRI), the World Wide Fund for Nature
(WWF), and the United Nations Global Compact (UNGC). It encourages
companies to set targets for reducing Greenhouse Gas emissions
based on scientific data, in order to meet the goals of the Paris
Agreement. It already includes more than 1,000 companies
worldwide.
- C2974C- ST - Carbone Neutrality- FINAL FOR PUBLICATION
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