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ON Semiconductor Named to Bloomberg Gender Equality Index

ON Semiconductor Named to Bloomberg Gender Equality Index

Published 01-27-20

Submitted by onsemi

ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, has been included on the Bloomberg Gender Equality Index (GEI). ON Semiconductor was included in this year’s index for scoring above the global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework’s five pillars of female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand.

The company is one of 325 companies across 50 industries included in the 2020 GEI. Companies range from a variety of industries, including automotive, banking, consumer services, engineering and construction, and retail.

“It is an honor to be leading a company that continuously strives for gender equality in such a competitive marketplace and in the world that we live in today,” said Keith Jackson, president and CEO of ON Semiconductor. “As the company celebrates its 20 year IPO anniversary, this recognition is not just a goal that we achieved but rather a milestone on our company’s journey.”

“At ON Semiconductor we work every day to embed diversity and inclusion in all levels of our organization,” said Alicia Scott, director, diversity & inclusion and talent management ON Semiconductor. “Being acknowledged on a global scale for our company’s work on gender equality is a privilege and a reminder to our customers, stockholders, communities and most importantly, our employees that we walk-the-talk when it comes to diversity and inclusion.”

Launched in 2016, the GEI, formerly called the Bloomberg Financial Services Gender-Equality Index, tracks the financial performance of public companies committed to supporting gender equality through policy development, representation, and transparency.

"The 325 companies included in the 2020 GEI have shown their commitment to transparency and demonstrated leadership in gender-related data reporting," said Peter T. Grauer, Chairman of Bloomberg. "Disclosure of company statistics and practices is an important first step in supporting gender equality globally."

ON Semiconductor has long remained committed to diversity and inclusion, recognizing that our company is at its strongest when it effectively draws upon the wide variety of experiences, knowledge, culture, customers and backgrounds from all employees. Our company celebrates these differences and promotes an inclusive environment for more than 35,000 employees in more than 160 global locations.

To read more about ON Semiconductor’s Diversity and Inclusion Initiative, read our Corporate Social Responsibility report.

About ON Semiconductor

ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

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onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner and smarter world. Learn more about onsemi at www.onsemi.com.

Corporate Social Responsibility at onsemi: We believe in our people, culture and ability as good corporate citizens to address climate issues, sustainability and positively impact the communities where we work and live. Empowering the right people and partners creates long-term shared value to further our commitment to the triple bottom line of people, planet and profit. Since our first Corporate Social Responsibility (CSR) Statement of Commitment in 2008, our program has continually grown through innovation in our initiatives and strategic goals to deliver value to our stakeholders. Our philanthropic contributions, supporting nonprofits and educational institutions globally, and employee volunteer efforts target societal needs.

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