STMicroelectronics publishes 2015 Sustainability Report

Semiconductor company STMicroelectronics (ST) has announced the publication of its 2015 Sustainability Report, which details the company’s sustainability strategy and its 2015 performance.

According to ST’s CEO and president, Carlo Bozotti, “Sustainability is deeply embedded in all of our business activities.” This is reflected in the report, he said, with the company achieving “significant results across the three pillars of our sustainability strategy: Environment & Operations; People; and the Business”.

In the area of Environment & Operations, the company:

• purchased 22.5% of its energy from renewable sources, compared to 7.4% in 2012;
• reduced its overall water footprint through conservation, treatment and recycling and, for the first time, achieved a rate of 45% of recycled and re-used water;
• sequestered almost 228 megatons of CO₂ through its reforestation programs, compensating more than 40% of ST’s annual direct emissions;
• requested that 100% of key suppliers and subcontractors renew their commitment to respect Version 5.0 of the EICC (Electronics Industry Citizenship Coalition) Code.

In the area of People, the company:

• updated its code of conduct, which maintains its values and provides real-world examples of responsible actions;
• achieved a recordable case rate of 0.17 work-related injuries and illnesses and improved the severity rate to 2.50 days lost;
• delivered 2.1 million hours of training to employees through a ‘total learning’ approach that uses multiple methods and tools to meet organisational priorities and employee-development needs;
• reduced the risk of forced labour and illegal practices by hiring directly 100% of foreign migrant workers to prevent the violation of vulnerable workers’ rights in certain countries.

In the area of Business, the company:

• maintained a strong presence in the major sustainability indices, including the Dow Jones Sustainability Index (DJSI) Europe and the Financial Times Stock Exchange’s index FTSE4Good;
• improved its Carbon Disclosure Project (CDP) score to 96-B, three points higher than its 2014 score;
• expanded its innovation-related activities to build bridges among start-ups, small companies, customers and our development ecosystems.

In addition, ST encouraged good global citizenship and recorded 338 community-related initiatives, including cash donations, and contributed more than 130,000 hours of donated company time to these efforts. ST was also one of the first companies to commit to the United Nations Global Compact.

The report can be found here.