STMicroelectronics Publishes its Annual Sustainability Report
May 22 2019 - 9:00AM
PR N° C2900C
STMicroelectronics Publishes
its Annual
Sustainability Report
Geneva, May 22, 2019 -
STMicroelectronics (NYSE:STM), a global semiconductor leader
serving customers across the spectrum of electronics applications,
announced the publication of the Company's 2019 Sustainability
Report. The 22nd report
contains details and highlights of ST's sustainability performance
in 2018 and presents the Company's ambitions and longer-term goals
for 2025 in alignment with the United Nations Global
Compact[1] Ten
Principles and Sustainable Development Goals.
"Sustainability is fully embedded in
STMicroelectronics' values, which is reflected in how we enable
innovation for our customers and consumers, as well as in the way
we operate as one team of 46,000 engaged employees around the
world.
Our approach contributes to addressing challenges
presented by ever more dense urban environments, more complex
mobility systems, safety, increasing energy demands, security of
data, smart manufacturing, and more," said
Jean-Marc Chery, President and CEO of STMicroelectronics. "At ST, our longstanding commitment and achievements over
the past 20+ years have brought us a number of accolades in 2018
and I am convinced our updated sustainability strategy, looking
toward 2025, will enable us to seize additional opportunities,
continue to minimize risks and create value for all our
stakeholders."
ST's sustainability highlights in
2018 included:
Company &
Business
-
Delivered year-over-year revenue growth of
15.8%, outpacing the growth of the markets we serve. Our product
strategy leveraged our proprietary technologies, such as our
differentiated Imaging technologies, Silicon Carbide (SiC), Gallium
Nitride (GaN), and MEMS technologies to name but a few;
-
Invested a total of US$1.4 billion in R&D in
2018 to support innovation;
-
Included in the Dow Jones Sustainability Indices
World and Europe. With a total score of 81 points out of 100, ST
was ranked in the top 10% of the global semiconductor companies
that were invited to participate in the indices; and
-
50% of our new products recognized as
"Sustainable Technology" in terms of eco-design and positive
environmental or social impact, a 16% increase compared to
2017;
People and
communities
-
Strengthened our safety culture by reinforcing
safe behaviors, which contributed to reducing our incident severity
rate from 2.10 in 2017 to 1.8 in 2018;
-
Increased employee engagement index by 5 points
compared to last survey, with 75% of our employees recommending ST
as a great place to work in 2018;
-
Extended our third-party RBA audit program to
all our manufacturing sites, one of the steps towards our 2025
goal;
-
Strengthened the "Women in Leadership" program
with the objective to recruit a minimum of 20% women in management
positions while attracting new talents with more than a half of
non-manufacturing employees hired with less than five years'
experience; and
-
Continued to support education, with 80% of
voluntary initiatives linked to Education supporting our STEM
program;
Environment
-
Achieved a successful transition to the new ISO
14001:2015 standard for all our manufacturing sites, including our
R&D site at Grenoble (France);
-
Reduced our GHG emissions by almost 15% and our
energy consumption by more than 19%, both compared to the 2016
baseline;
-
Improved our water efficiency achieving a 5%
reduction in our water consumption per unit of production compared
to 2017 and recycled 41% of our water, reusing it for a variety of
different purposes;
-
Reused, recovered, or sent for recycling 93% of
our waste, exceeding our annual target of 90%, allowing us to
remain on track to reach our goal of 95% by 2025; and
-
Involved deeply in the clean energy transition
with a firm commitment to use more and more green energy in our
manufacturing operations.
The 2019 Sustainability Report (2018 performance)
can be downloaded here.
More information about ST's approach to Sustainability is
available here.
You can also read our blogpost
at https://blog.st.com/2019-sustainability-report/
About
STMicroelectronics
ST 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 2018, the Company's net revenues were $9.66
billion, serving more than 100,000 customers worldwide. Further
information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
celine.berthier@st.com
MEDIA RELATIONS:
Alexis
Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@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 at:
http://www.unglobalcompact.org/aboutthegc/thetenprinciples/index.html
ST - Sustainability report
-va
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: STMicroelectronics via Globenewswire
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