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ON Semiconductor’s 2018 Social Responsibility Report Integrates the People, Planet and Profit With the Comprehensive GRI

ON Semiconductor’s 2018 Social Responsibility Report Integrates the People, Planet and Profit With the Comprehensive GRI

Published 06-19-19

Issued by onsemi

Summary

ON Semiconductor announces the release of its annual Corporate Social Responsibility report, marking the sixth year of this publication. As a testament to the company’s continued commitment to transparency, ON Semiconductor has advanced from incorporating the global reporting initiative (GRI) report core version to comprehensive version for the first time in their corporate social responsibility report.

Report Highlights

June 19, 2019 

ON Semiconductor announces the release of its annual Corporate Social Responsibility report, marking the sixth year of this publication. As a testament to the company’s continued commitment to transparency, ON Semiconductor has advanced from incorporating the global reporting initiative (GRI) report core version to comprehensive version for the first time in their corporate social responsibility report.

In the past year, ON Semiconductor was named as one of the World’s Most Ethical companies for the fourth year in a row, listed on the Dow Jones Sustainability Index (North America), joined Forbes Fortune 500 as well as Fortune’s 100 Fastest Growing Companies list. The company has invested in new segments and placed significant emphasis on reviewing how the beliefs, assumptions, values and behaviors of ON Semiconductor align with the company’s goals of future growth and a thriving work environment for employees.

In addition to being a full member of the Responsible Business Alliance (RBA) the company recently affirmed its commitment to the United Nations Global Compact as a signatory and launched a global human rights policy. ON Semiconductor was also a founding member of the CSR Board, a platform to bring together like-minded companies from different industries that are dedicated to being good corporate citizens by making an impact globally with their sustainability and corporate social responsibility programs.

Highlights from ON Semiconductor 2018 Corporate Social Responsibility include:

  • Reclaim and recycle: In 2018, approximately 1.1 million kilograms of scrap materials and 822 kilograms of precious metals from the company’s worldwide manufacturing facilities was processed, sorted and sold for reuse. The reclamation of these materials recouped more than $29 million USD.
  • Sustainability savings: With an in-house team dedicated to sustainability excellence, ON Semiconductor has achieved marked successes within the company’s many conservation programs, all of which are vital to the success of our semiconductor device manufacturing business. In 2018, the company saved more than $7 million USD through sustainability projects.
  • Diversity and inclusion: 2018 marked the first year that the company not only tied diversity metrics to the corporate bonus plan but also achieved its target.
  • Volunteerism: The company launched a dollars-for-doers program for employees in North America to further encourage employees to building stronger communities.
  • Community investments: ON Semiconductor invested over $2 million globally with over 50% supporting initiatives that foster greater interest in, aptitude for, and access to science, technology, engineering, arts and mathematics (STEAM) education.

“We remain steadfast in our belief that as the technology industries around us become more competitive, we will continue to place corporate social responsibility at the forefront of how we conduct our business.” said Keith Jackson, President and CEO of ON Semiconductor. “Our corporate social responsibility programs have grown from our core values and continue their climb as we create an innovative organization committed to positively impacting the places where we live and work, while competing in and contributing to the exciting growth of the semiconductor industry.”

Contact:
Sarah Rockey, Corporate Public Relations
sarah.rockey@onsemi.com 

onsemi

onsemi

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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