STMicroelectronics publishes 25th Annual Sustainability Report
03 Mai 2022 - 2:00PM
STMicroelectronics publishes 25th Annual Sustainability Report
STMicroelectronics publishes 25th Annual
Sustainability Report
- On track to become carbon neutral by 2027 with more than 50%
purchased electricity coming from renewable sources
- 69% of new products identified as responsible
Geneva, May 3, 2022 –
STMicroelectronics (NYSE:STM), a global
semiconductor leader serving customers across the spectrum of
electronics applications, today releases its 25th annual
sustainability report detailing 2021 performance and achievements.
Collaborating with customers and partners, ST creates innovative
technologies that bring an important contribution to overcome the
environmental and social challenges of the planet today.
“This is our 25th annual report, a significant milestone after
the pioneering efforts of ST in this field. In 2021 we continued to
achieve strong results across all key sustainability metrics,
including the initial steps of our path towards carbon neutrality
in 2027. We are determined to continue to do more and to accelerate
our overall sustainability efforts to create technology for a
sustainable world, in a sustainable way, and to generate long-term
value for our people and all stakeholders,” said Jean-Marc Chery,
President and CEO, STMicroelectronics.
In 2021 ST has been actively working, through a collaborative
approach, on its sustainability commitments and programs to create
a healthier, safer, and more inclusive environment for people and
communities and to create profitable growth. ST’s continued efforts
across many areas, detailed in this report, were recognized again
in 2021, by inclusion in the DJSI World and Europe indexes, as well
as in other key ESG rankings and international certifications.
Sustainable TechnologyST technologies and
products enable its customers to boost sustainability and seize
opportunities with continued improvement of the company’s social
and environmental footprint at every stage of the product lifecycle
(Sustainable Technology). In 2021:
- 69% of new products were identified as responsible (responsible
sourcing, eco-design, advanced EHS standards of manufacturing,
responsible products, and applications) (vs 63% in 2020).
- 20% of total revenue derived from responsible productsi (vs
18.5% in 2020).
- 37% of sales come from products that aim at substantial
greenhouse gas (GHG) reduction across the product lifecycle
according to the EU taxonomyii standard.
Sustainable WayIn December 2020, ST committed
to becoming carbon neutral by 2027 (Energy and Climate Change) and
remains on track to meet that target, actively working in 2021 on
reducing its environmental footprint:
- Reduced GHG emissions by 34% compared to 2018 in absolute
terms, despite the continued expansion of ST’s manufacturing
capacity.
- Increased the sourcing of electricity coming from renewable
sources to more than 50% (vs 43% in 2020).
- Reduced water consumption by 16% (vs 2020 per production
unit).
- Reusing, recovering, or recycling 90% of the company’s waste
(vs 88% in 2020).
2021 was a year that continued to be impacted by the Covid-19
pandemic and ST maintained its support to its 48,000 employees
across the globe, while investing in safety, and diversity, equity,
and inclusion (Diversity, Equity, and Inclusion):
- Continued to deploy the most stringent measures to protect the
health and safety of employees who worked at ST sites to ensure
continuity of operations, in line with global and local
regulations.
- Decreased the recordable case rate (work-related injuries per
100 employees per year) with a record score of 0.12 (0.14 in 2020)
which is among the best in class.
- Reached the target of hiring 30% women for exempt positions for
the first time, but still need to make progress to reach the 2025
target of 20% of women in all management levels.
- Increased the employee engagement score in 2021 with 83% of
employees recommending ST as a great place to work (+2 points on
2020).
Sustainable CompanyST continues to create a
funnel of innovation and talent across its ecosystems and
communities and with academic, private, and public partners. This
collaborative approach for profitable growth allows the development
of ST’s market-leading products and solutions enabling the
company’s customers to tackle tomorrow’s challenges and fuel their
future growth:
- Invested 13.5% of revenues (US$1.72 billion) in R&D to
support innovation.
- Continued to invest in R&D and open innovation with a
network now including 187 active academic and private partnerships
worldwide to build the future.
- 330 STEM events and initiatives reached over 69,000 students
and teachers of the company’s ‘STEM your way’ program (Community
and Education).
The 25th annual report contains highlights and details of ST’s
sustainability performance in 2021 and presents the Company’s
ambitions and longer-term goals in alignment with both the United
Nations Global Compactiii Ten Principles and Sustainable
Development Goals and the Science Based Targets initiativeiv
(SBTi). It is aligned with Global Reporting Standards (GRI),
Sustainability Accounting Standards Boards (SASB), and Task Force
on Climate-Related Financial Disclosures (TCFD). A third party has
verified this report.
The 2022 Sustainability Report (2021 performance) can be viewed
at https://sustainabilityreports.st.com/
About STMicroelectronicsAt ST, we are 48,000
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 more
than 200,000 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. ST is
committed to becoming carbon neutral by 2027. 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
Breton Corporate External
CommunicationsTel: +
33.6.59.16.79.08alexis.breton@st.com
i Responsible products are products that provide environmental
and social benefits.
ii The Taxonomy Regulation is a green classification system
translating the climate and environmental objectives of the
European Union (EU) into criteria for sustainable economic
activities.https://ec.europa.eu/info/law/sustainable-finance-taxonomy-regulation-eu-2020-852_en
iii The United Nations 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
iv 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, to meet the goals of the COP 21 Paris Agreement.
It already includes more than 1,000 companies worldwide.
- C3086C -- May 3 2022 -- 2021 Sustainability Report_FINAL FOR
PUBLICATION
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