STMicroelectronics Publishes Its 21st Annual Sustainability Report

STMicroelectronics announced the publication of the company’s 2018 Sustainability Report. The report contains details and highlights of ST’s sustainability performance in 2017 and presents its ambitions and 2025 goals, contribution to the United Nations Global Compact Ten Principles and Sustainable Development Goals.
 
“Technology is a driver for continuous improvement, and we believe that semiconductors can help tackle many of the world’s challenges, when combined with an embedded sustainability approach,” said Carlo Bozotti, president and CEO of STMicroelectronics. “In 2017, we marked the 30th anniversary of the formation of our company with one of our best years in regards to business and financial performance. We achieved our goal of placing ST on a sustainable and profitable growth trajectory, with our unique product portfolio serving a broad range of end markets within our application focus on Smart Driving and the Internet of Things. We also updated our sustainability strategy with the deployment of a number of new initiatives for the years to come, engaging us in ambitious programs and 2025 goals.”
 
Among ST’s sustainability highlights in 2017:
 
Innovation and Partnerships
• Re-invested approximately 31% of its total revenues in research & development and capital expenditure, an investment in innovation and future growth.
• Strengthened the proportion of its Responsible Products to 43% of new products at the end of 2017.
• Reinforced its collaboration framework by establishing close partnerships with more than 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 the 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 the “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.
• With 97 different nationalities represented at ST, diversity continues to play a prominent role.
• 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.
 
Environment
• 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.