STMicroelectronics Publishes its 2015 Sustainability Report
(Thomson Reuters ONE) -
Geneva, May 26, 2016 - STMicroelectronics (NYSE:STM), a global semiconductor
leader serving customers across the spectrum of electronics applications,
announced the publication of the Company's 2015 Sustainability Report. The
Company's nineteenth annual report contains details of ST's sustainability
strategy and its 2015 performance.
"In line with ST's vision to be everywhere microelectronics make a positive
contribution to people's lives, sustainability is deeply embedded in all of our
business activities," said Carlo Bozotti, President and CEO of
STMicroelectronics. "During 2015, we achieved significant results across the
three pillars of our sustainability strategy: Environment & Operations, People,
and the Business. Our efforts are all about building a responsible and enduring
future, creating value and minimizing risks for all of our stakeholders through
effective management of our economic, environmental and social impacts."
Among the key sustainability highlights in 2015:
Environment & Operations
* Demonstrated our commitment to sustainable energy sourcing by responsibly
purchasing 22.5% of our energy from renewable sources, compared to 7.4% in
2012;
* Continued to reduce our overall water footprint through conservation,
treatment, and recycling and for the first time, achieved a rate of 45% of
recycled and reused water;
* Sequestered almost 228 megatons of CO(2) through our reforestation programs,
compensating more than 40% of ST's annual direct emissions;
* Expanded monitoring of supply-chain risks by requesting 100% of key
suppliers and subcontractors renew their commitment to respect the newly-
deployed Version 5.0 of the EICC (Electronics Industry Citizenship
Coalition) Code.
People
* Updated our Code of Conduct, a key pillar of our Compliance Program, which
maintains our values and provides real-world examples of responsible
actions, encouraging the "speak-up" culture aligned with the Company high
standards and ethics;
* Achieved a record Recordable Case Rate of 0.17 work-related injuries and
illnesses and improved our 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
organizational priorities and employee-development needs;
* Reduced the risk of forced labor and illegal practices by hiring directly
100% of foreign migrant workers to prevent the violation of vulnerable-
workers' rights in certain countries;
Business
* Continued to maintain 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. In addition to the ESG
sustainability indices, we substantially improved our Carbon Disclosure
Project (CDP[1]) score to 96-B, three points higher than our 2014 score;
* Expanded our internal and external innovation-related activities to build
bridges among startups, small companies, our customers, and our development
ecosystems, while producing valuable feedback to ST, promoting our
technology, and expanding business opportunities.
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.
This report, which you can find as a PDF here, aligns with the Global Reporting
Initiative's G4[2] guidelines, best-in-class reporting standards; ST was also
one of the first companies to commit to the United Nations Global Compact[3]
and the report represents the "Company's Communication on Progress."
More information about ST's approach to Sustainability is available here.
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient
products and solutions that power the electronics at the heart of everyday life.
ST's products are found everywhere today, and together with our customers, we
are enabling smarter driving and smarter factories, cities and homes, along with
the next generation of mobile and Internet of Things devices. By getting more
from technology to get more from life, ST stands for life.augmented.
In 2015, the Company's net revenues were $6.90 billion, serving more than
100,000 customers worldwide. Further information 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] CDP, formerly Carbon Disclosure Project, is an international, not-for-profit
organization providing the only global system for companies and cities to
measure, disclose, manage and share vital environmental information.
More information is available at https://www.cdp.net/en-US/Pages/HomePage.aspx
[2] 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 at
https://www.globalreporting.org
[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
ST - Sustainability Report -VA:
http://hugin.info/152740/R/2015790/747464.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: STMicroelectronics via GlobeNewswire
[HUG#2015790]
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