Published 08-17-21
Issued by onsemi
onsemi, a semiconductor company that is driving disruptive innovations to help build a better future around automotive and industrial end-markets, is pleased to announce the release of its eighth Corporate Social Responsibility (CSR) report. This is a testament to the company’s continued commitment to transparency and sustainability. onsemi has operations worldwide and 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.
onsemi is proud to announce the release of its annual Corporate Social Responsibility (CSR) report, marking the eighth year of its publication. As a testament to the company’s continued commitment to transparency, onsemi has prepared the report in accordance with the comprehensive option of the Global Reporting Initiative (GRI) Standards and includes reporting aligned with the Sustainability Accounting Standards Board (SASB) guidelines.
In the past year, onsemi was named as one of the World’s Most Ethical Companies for the sixth year in a row, included on the Dow Jones Sustainability Index (North America) for a third year, and included on Barron’s Most Sustainable Companies for a fourth year. The company has invested in new segments and placed significant emphasis on reviewing how the beliefs, assumptions, values and behaviors of onsemi 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 is also a signatory of the United Nations (UN) Global Compact and submitted its second Communication on Progress (COP) in July 2021. The COP outlines the company’s alignment with the UN Global Compact’s ten principles and the UN Sustainable Development Goals.
onsemi – as many other companies – had faced many obstacles during 2020. Together, the company’s Global Giving Program and the ON Semiconductor Foundation invested more than $1.8 million in their communities. In addition, both organizations provided over $312,000 in COVID-19 relief through cash and in-kind donations, and almost $92,000 in disaster relief funds.
Highlights from the onsemi 2020 CSR report include:
“Our global teams have risen to the new challenges over the past year. The diverse experience, knowledge and, backgrounds that our employees bring to the table enable us to continually improve how we operate and make a difference in the world,” said Hassane El-Khoury, president and CEO of onsemi. “All of our awards demonstrate that our core values of respect, integrity and initiative are not just words but everyday commitments that we live by at onsemi.”
View the onsemi 2020 CSR report at www.onsemi.com/about/people-planet/social-responsibility
View the onsemi press release about its recent name change at https://www.onsemi.com/company/news-media/press-announcements/en/onsemi-new-brand-and-promise-of-sustainable-future
About 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. onsemi operates a responsive, reliable supply chain and quality programs, and robust ESG programs. Headquartered in Phoenix, Arizona, the company has a global network of manufacturing facilities, sales and marketing offices and engineering centers in its key markets.
For press inquiries, please contact:
Sarah Rockey
Corporate/Media Communications
480.236.254
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.