STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has announced the publication of the Company's 2011 Sustainability Report. ST's fifteenth annual Sustainability report is based on the principles of the United Nations Global Compact and meets the guidelines for the Global Reporting Initiative (GRI). Containing comprehensive details of ST's Sustainability strategy, policies and performance during 2011, the Report also illustrates how ST embeds sustainability into every level of its operations to create value for all of its stakeholders.
Throughout a challenging year characterized by unforeseen natural disasters and severe economic uncertainties, Sustainability was one of ST's key priorities during 2011. During the year, ST made significant progress on all Sustainability fronts, such as Health & Safety, Environmental Protection, Responsible Products, People Development and its Community activities.
ST's broad range of Sustainability achievements in 2011 included:
- Consolidating its position among the industry leaders in safety;
- Covering more than 83% of ST employees with the Company's voluntary Health Plan;
- Recycling more than 40% of all water used at all of its facilities worldwide;
- Recycling/reusing more than 90% of waste generated at its facilities;
- Ensuring that 100% of its supply chain exercises care to prevent the use of conflict minerals;
- Enlarging the scope of its educational activities by initiating, together with a number of other European industrial companies -all members of the ERT. the Global Enterprise Project, a new initiative that gives young people the opportunity to develop greater understanding about doing business globally while acquiring the skills required to succeed in today's knowledge-based economy.
- Introducing many advanced products such as intelligent motor drives specifically designed to minimize energy consumption across the spectrum of electronic applications.
"The semiconductor industry is increasingly driven by the way people live and what they expect technology to bring to their lives, both in enhancing the quality of the way they work, learn, interact and relax and in helping to address major societal challenges such as energy saving, healthcare and security," said Carlo Bozotti, President and CEO of ST. "Sustainability is a crucial part of this challenge and we are determined not only to provide innovative solutions in these areas but also to lead by example in the pursuit of enriching sustainable business."
The report, which includes feedback and contributions from numerous external stakeholders, demonstrates the scope and success of ST's Sustainability strategy: balancing and responding to stakeholders' expectations in the short and longer terms and enabling it to contribute to sustainable development at a global level.
The report is posted on the company's website:
www.st.com/internet/com/about_st/company_reports_st.jsp
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