STMicroelectronics Publishes its 2014 Sustainability Report
(Thomson Reuters ONE) -
Geneva, June 3, 2015 - STMicroelectronics (NYSE:STM), a global semiconductor
leader serving customers across the spectrum of electronics applications,
announced the publication of the Company's 2014 Sustainability Report. The
Company's eighteenth annual report contains comprehensive details of ST's new
sustainability strategy defined during 2014 and its performance while it
illustrates how ST's sustainability programs play a major role throughout the
Company.
This report aligns with the Global Reporting Initiative's G4[1], best-in-class
reporting standards; ST was also one of the first companies to commit to the
United Nations Global Compact[2] and the report represents the "Company's
Communication on Progress."
"ST has been a pioneer in sustainability from its early days because of the
significant benefits it brings to the company, its employees, and the planet,"
said Carlo Bozotti, President and CEO of STMicroelectronics. "Business, People,
and Environment & Operations are the pillars of ST's new sustainability
strategy, serving as the foundation for continuous business and social
improvement, in line with our long-term goal to make a positive contribution to
people's lives."
Among the key sustainability highlights in 2014, ST:
* Made significant progress in its business operations, including a
significant financial turnaround that is re-positioning the Company for the
next step in growth and sustainability;
* Introduced more than 350 "Responsible Products during 2014[3]";
* Recorded more than 300 community-related initiatives, from cash donations to
work hours inside or outside the company;
* Extended progress in meeting green-energy objectives and further
demonstrated engagement in responsible energy sourcing. With 20% of
purchased energy coming from renewable sources, ST recorded its best
performance ever; The Company also continued its efforts to recycle, by re-
using and recycling 92% of waste generated through its operations;
* Consolidated its position as an industry leader in employee Health & Safety,
with a 17% decrease in safety recordable case rate in 2014 compared to
2013, as a result of reinforced Environment, Health and Safety programs;
* Used its monitoring policy of back-end subcontractors to promote supply-
chain responsibility by increasing to 80% the subcontractors engaged in EICC
(Electronics Industry Citizenship Coalition) audits.
STMicroelectronics' achievements in sustainability were recognized once again in
2014 with leading positions in various national and international sustainability
ratings and indices. The company continued to be included in the main
Sustainability indices: Dow Jones Sustainability Europe where ST obtained a top
score of 100 in product quality and recall management, Euronext Vigeo, Carbon
Disclosure Leadership Index in Italy, and FTSE4Good ethical index. These results
highlight the many environmental sustainability actions the Company takes within
its operations, as well as its innovative sustainable products and services,
which contributed to ST's being included, for the third consecutive year, in the
Thomson Reuters annual ranking of the 100 most innovative companies in the
world.
The report is available as a PDF here.
More information about ST's approach to Sustainability is available here.
About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the
spectrum of sense and power and automotive products and embedded processing
solutions. From energy management and savings to trust and data security, from
healthcare and wellness to smart consumer devices, in the home, car and office,
at work and at play, ST is found everywhere microelectronics make a positive and
innovative contribution to people's life. By getting more from technology to get
more from life, ST stands for life.augmented.
In 2014, the Company's net revenues were $7.40 billion. Further information on
ST can be found at www.st.com.
For further information, please contact:
MEDIA RELATIONS:
Nelly Dimey
Director, Corporate Media and Public Relations
Tel: + 33 1 58 07 77 85
nelly.dimey(at)st.com
--------------------------------------------------------------------------------
[1] The Global Reporting Initiative (GRI) is a non-profit organization that
promotes economic, environmental, and social sustainability. GRI provides all
companies and organizations with a comprehensive sustainability reporting
framework that is widely used around the world. More information is available
here: https://www.globalreporting.org
[2] 3 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 here:
http://www.unglobalcompact.org/aboutthegc/thetenprinciples/index.html
[3] ST defines "responsible products" as those that reduce energy consumption
and/or provide new environmental & social solutions responding to key societal
challenges.
ST_sustainability report PR:
http://hugin.info/152740/R/1925854/691043.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: STMicroelectronics via GlobeNewswire
[HUG#1925854]
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Datum: 03.06.2015 - 10:00 Uhr
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