UMC Again Leads Semiconductor Foundries in the 2022 Dow Jones Sustainability Indices
December 09 2022 - 9:21PM
Business Wire
In its 15th straight year in the DJSI, UMC
achieved the highest sustainability score among peers
United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)
(“UMC”), a leading global semiconductor foundry, today announced it
has once again achieved top ranking among semiconductor foundry
peers in the Dow Jones Sustainability Indices (DJSI), its 15th
consecutive year of inclusion in one of the most important
benchmarks for corporate sustainability performance. This year, UMC
has been selected as a member of both the DJSI’s World Index and
Emerging Markets Index.
Inclusion in the indices is determined by the annual S&P
Global Corporate Sustainability Assessment (CSA), which scores
companies based on long-term economic, environmental, and social
criteria. The World Index, DJSI’s main global index, represents the
top 10% of the 2,500 largest companies in the S&P Global Broad
Market Index, while the Emerging Markets Index selects its
components from 800 companies across 20 emerging markets.
UMC’s Co-President SC Chien said: “As a leading IC manufacturer,
UMC recognizes that we have an important role to play in driving
sustainable development within our industry and beyond. Driven by
the belief that sustainability and a company’s long-term success go
hand in hand, UMC has developed a sustainability blueprint to
converge the Company’s business strategy and ESG goals. We are
thrilled to deliver another strong performance in the DJSI ranking,
demonstrating our commitment to unleash the power of technology for
a better, more sustainable future.”
Based on this year’s CSA results, as of December 10, UMC ranked
first out of the Semiconductors and Semiconductor Equipment
Industry Group for the Environmental and Governance & Economic
dimensions, achieving full scores in categories including policy
influence, environmental reporting, and product stewardship. In the
Social dimension, the Company performed well in categories
including social reporting, human capital development, and privacy
protection.
Sustainability in action at UMC:
- First semiconductor foundry globally to commit to net zero
emissions and to obtain validation of climate targets by the
Science Based Targets Initiative
- Achieved significant progress in the “Green 2025” initiative,
which aims for 15% reduction in water and electricity consumption,
and 25% waste reduction from 2015 levels
- Comprehensive training programs and diversified employee
benefits to attract and retain talent
- Longtime sponsor of youth empowerment programs through the UMC
Science and Culture Foundation
- ESG added to performance metrics for executive compensation,
aligning management’s interests with sustainability goals
- Ongoing efforts to increase diversity of the board of
directors, which currently has the highest proportion of female
directors in the foundry industry
- Robust system in place for intellectual property
protection
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor
foundry company. The company provides high quality IC fabrication
services, focusing on logic and various specialty technologies to
serve all major sectors of the electronics industry. UMC’s
comprehensive IC processing technologies and manufacturing
solutions include Logic/Mixed-Signal, embedded High-Voltage,
embedded Non-Volatile-Memory, RFSOI and BCD etc. Most of UMC's
12-in & 8-in fabs with its core R&D are located in Taiwan,
with additional ones throughout Asia. UMC has total 12 fabs in
production with combined capacity over 800,000 wafers per month
(8-in equivalent), and all of them are certified with IATF 16949
automotive quality standard. UMC is headquartered in Hsinchu,
Taiwan, plus local offices in United States, Europe, China, Japan,
Korea & Singapore, with worldwide total 20,000 employees. For
more information, please visit: https://www.umc.com.
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are
forward-looking within the meaning of the U.S. Federal Securities
laws, including statements about introduction of new services and
technologies, future outsourcing, competition, wafer capacity,
business relationships and market conditions. Investors are
cautioned that actual events and results could differ materially
from these statements as a result of a variety of factors,
including conditions in the overall semiconductor market and
economy; acceptance and demand for products from UMC; and
technological and development risks. Further information regarding
these and other risks is included in UMC’s filings with the U.S.
Securities and Exchange Commission. UMC does not undertake any
obligation to update any forward-looking statement as a result of
new information, future events or otherwise, except as required
under applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20221209005619/en/
Michelle Yun 886-3-578-2258 x16951 michelle_yun@umc.com
United Microelectronics (NYSE:UMC)
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