Issued by STMicroelectronics
STMicroelectronics steps up its sustainability commitments and programs.
The 2021 Sustainability report outlines how ST is accelerating its sustainable development objectives and has developed a roadmap to become carbon neutral by 2027.
STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the release of its 24th sustainability report detailing the 2020 performance.
“Since early 2020 the world has changed, with the pandemic reshaping how we live, work and communicate. During these tough times, ST showed resilience at all levels, while continuing to create technology for a sustainable world in a sustainable way and to generate long-term value for our people and all stakeholders. In December 2020, we took an important step to accelerate our efforts with the announcement of our commitment to become carbon neutral by 2027. To achieve this very ambitious target we have built a comprehensive program and will mobilize the support of expert partners and stakeholders in a collaborative approach.” said Jean-Marc Chery, President and CEO, STMicroelectronics.
For more than 25 years, sustainability has been an integral part of STMicroelectronics’ DNA, values and business model. Working together with customers and partners, ST creates innovative technologies that bring an important contribution to overcome the environmental and social challenges of the planet today.
Protecting the environment
ST has been actively working on reducing its environmental footprint through dedicated programs for many years. ST’s inclusion, for the first time in 2020, in the CDP 'A list' for climate change recognizes the company’s commitments and actions, including:
Putting people first
Facing the COVID-19 pandemic, ST’s priority has been to protect its 46,000 employees, who in the past year, even more than ever, demonstrated their resilience as well as their commitment to the communities in which they live and work:
Creating innovation inspired by customers’ needs
ST continues to create a funnel of innovation that allows the development of the market-leading products and solutions that enable ST’s customers to fuel future growth. This allows ST to continue pushing the boundaries of disruption in technologies and applications, in line with ST’s strategic objectives:
The 24th report contains details of ST’s sustainability performance in 2020 and the Company’s ambitions and long-term goals in alignment with the United Nations Global Compact Ten Principles and Sustainable Development Goals. It is aligned with Global Reporting Standards (GRI), Sustainability Accounting Standards Boards (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD). This report has been verified by a third party.
At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.
For further information, please contact the CSR team at email@example.com
 The Science Based Targets initiative is a collaboration between the Carbon Disclosure Project (CDP), the World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC). It encourages companies to set targets for reducing Greenhouse Gas emissions based on scientific data, in order to meet the goals of the COP 21 Paris Agreement. It already includes more than 1,000 companies worldwide.
 Responsible products are products that provide environmental and social benefits.
STMicroelectronics is a French-Italian multinational electronics and semiconductor manufacturer headquartered in Geneva, Switzerland.
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