STMicroelectronics - 2021 Sustainability Report: STMicroelectronics steps up its sustainability commitments and programs
05 Mai 2021 - 3:00PM
PR No: C3000C
2021 Sustainability Report:
STMicroelectronics
steps
up its
sustainability commitments and programs
Geneva, May
5, 2021 -
STMicroelectronics (NYSE:STM), a global semiconductor
leader serving customers across the spectrum of electronics
applications, releases today its 24th sustainability report
detailing the 2020 performance.
“Since early 2020 the world has changed, with the pandemic
reshaping how we live, work and communicate. During these tough
times, ST showed resilience at all levels, while continuing to
create technology for a sustainable world in a sustainable way and
to generate long-term value for our people and all stakeholders. In
December 2020, we took an important step to accelerate our efforts
with the announcement of our commitment to become carbon neutral by
2027. To achieve this very ambitious target we have built a
comprehensive program and will mobilize the support of expert
partners and stakeholders in a collaborative approach.”
said Jean-Marc Chery,
President and CEO, STMicroelectronics.
For more than 25 years, sustainability has been an integral part
of STMicroelectronics’ DNA, values and business model. Working
together with customers and partners, ST creates innovative
technologies that bring an important contribution to overcome the
environmental and social challenges of the planet today. In ST’s
commitment to limit climate change, a global challenge that
requires collective action, ST accelerated its sustainable
development objectives and has developed a roadmap to become carbon
neutral by 2027, for its 40th anniversary.
Protecting
the environment
ST has been actively working on reducing its environmental
footprint through dedicated programs for many years. ST’s
inclusion, for the first time in 2020, in the CDP1 “A list” for
climate change recognizes the company’s commitments and actions,
including:
- Setting the goal to become carbon neutral by 2027, one of the
earliest dates anticipated for any semiconductor company
globally;
- Joining the Science Based Targets Initiative (SBTi2). By the
end of 2020, ST was the only semiconductor company with approved
targets to limit warming to no more than 1.5°C;
- Decreasing our total greenhouse gas (GHG) emissions by 19% in
absolute terms compared to 2019;
- Purchasing 40% of electricity coming from renewable sources,
representing an increase of 50% compared to 2019, with the
commitment to use 100% renewable energy by 2027.
Putting people first
Facing the COVID-19 pandemic, ST’s priority has been to protect
its 46,000 employees, who in the past year, even more than ever,
demonstrated their resilience as well as their commitment to the
communities in which they live and work:
- Deployed 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;
- Enabled 15,000 employees to work from home. ST provided a new
employee assistance program named ‘STCare’ to help them manage the
constraints of working remotely;
- Donated in-kind and cash to support hospitals and protect
stakeholders;
- Increased the employee engagement score in 2020 with 81% of
employees recommending ST as a great place to work (+ 4 points vs
2019);
- Decreased the recordable case rate (injuries and illnesses)
from 0.16 in 2019 to 0.15 in 2020, on track to reach ST’s 2025
goal;
- Increased by 49% in 2020 vs 2019 the number of suppliers
audited according to the RBA3 standard and methodology.
Creating
innovation inspired by
customers’ needs
ST continues to create a funnel of innovation that allows the
development of the market-leading products and solutions that
enable ST’s customers to fuel future growth. This allows ST to
continue pushing the boundaries of disruption in technologies and
applications, in line with ST’s strategic objectives:
- Invested 15.2% of revenues (US$1.55 billion) in R&D to
support innovation;
- Produced 63% of new products identified as ’responsible’4;
18.5% of total revenues were generated by ST’s responsible-products
portfolio;
- Continued to progress on strategic programs based on Silicon
Carbide- and Gallium Nitride- based technologies and products
targeting improved energy efficiency and performance across all
end-markets ST serves;
- Created a new Innovation Office increasing both internal and
external talent scouting and cooperation capabilities to sustain,
stimulate, and facilitate the process of continuous
innovation;
- Developed open innovation with 143 active R&D partnerships
around the world.
The 24th report contains highlights and details of ST’s
sustainability performance in 2020 and presents the Company’s
ambitions and longer-term goals for 2025 in alignment with the
United Nations Global Compact5 Ten Principles and Sustainable
Development Goals. It is aligned with Global Reporting Standards
(GRI), Sustainability Accounting Standards Boards (SASB), and Task
Force on Climate-Related Financial Disclosures (TCFD). This report
has been verified by a third party.
The 2021 Sustainability Report (2020 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 more
than 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
Breton Corporate
External CommunicationsTel: +
33.6.59.16.79.08alexis.breton@st.com
1 CDP: https://www.cdp.net
2 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 COP 21 Paris
Agreement. It already includes more than 1,000 companies
worldwide.
3 Responsible Business Alliance is the world's largest industry
coalition dedicated to corporate social responsibility in global
supply chains. http://www.responsiblebusiness.org/
4 Responsible products are products that provide environmental
and social benefits.
5 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
- C3000C -- May 5 2021 -- 2021 CSR Report_FINAL FOR
PUBLICATION