STMicroelectronics announces the publication of Company’s 2018 Sustainability Report. This year’s report contains the details and highlights of ST’s sustainability performance in 2017 and also inks the ambition of ST and its goals by 2025.
The Swiss semiconductor giant also noted their contribution to the United Nations Global Compact Ten Principles and Sustainable Development Goals.
Among ST’s Sustainability highlights in 2017:
Innovation and Partnerships
- Re-invested about 31% of our total revenues in research & development and capital expenditure, an investment in innovation and future growth;
- Strengthened the proportion of our Responsible Products to 43% of new products at the end of 2017;
- Reinforced our collaboration framework by establishing close partnerships with over 100 start-ups, while continuing to run industrial partnerships and research programs, reaching a total of 234 active R&D partnerships;
People and Communities
- Increased focus on safety culture, remaining among the best-in-class companies in our industry, with a recordable injury case rate of 0.14 and a severity rate which decreased by 25% compared to 2016;
- Carried out more than 76,000 medical examinations worldwide through our “ST Corporate Health Plan”;
- Conducted site risk assessments covering labor and ethics in the framework of the annual Responsible
- Business Alliance (RBA) self-assessment to all our major production and design sites, representing 86% of employees. Continued our rolling RBA third party audit program reaching a score almost 30% higher than the industry average;
- With 97 different nationalities represented at ST, diversity continues to play a prominent role in our culture and we continued to cultivate a more inclusive workplace by expanding existing Company programs that focus on women, people with disabilities, and the integration of young talents;
- Continued to support education and volunteering, with 335 initiatives taken from 30 ST sites in 17 different countries;
- Reached the milestone of 500,000 students trained by the ST Foundation in 26 countries. In 2017 alone more than 100,000 students took part in the Foundation’s Informatics and Computer Basics classes;
- Recognized by CDP as an A list leader in sustainable water management;
- Absolute energy consumption decreased by 12% compared to 2016 in normalized terms;
- By the end of 2017, 26% of energy purchased by ST came from renewable sources;
- More than 91% of waste was reused, recovered or sent for recycling, placing ST among the best-in class manufacturing companies for environmental impact in 2017.
The 2018 Sustainability Report (2017 performance) can be downloaded directly from ->Click here
Further info is available here.