ST has published its 21st sustainability report – an annual report instituted to highlight and maintain the conpany’s commitment to the environment and sustainable growth.

Highlights of the report for 2017 are:

ST reinvested about 31% of total revenues in R&D and capex & development – an investment in innovation and future growth;

ST strengthened the proportion of its Responsible Products to 43% of new products at the end of 2017

The company reinforced its collaboration framework by establishing close partnerships with over 100 start-ups, while continuing to run industrial partnerships and research programs, reaching a total of 234 active R&D partnerships;

It increased focus on safety culture, remaining among the best-in-class companies in our industry, with a recordable injury case rate of 0.14 and a severity rate which decreased by 25% compared to 2016;

It carried out more than 76,000 medical examinations worldwide through our “ST Corporate Health Plan”;

It conducted site risk assessments covering labor and ethics in the framework of the annual Responsible Business Alliance (RBA The Responsible Business Alliance (RBA), formerly the Electronic Industry Citizenship Coalition (EICC)) self-assessment to all itscmajor production and design sites, representing 86% of employees. Continued our rolling RBA third party audit program reaching a score almost 30% higher than the industry average;

With 97 different nationalities represented at ST, the company continued to cultivate a more inclusive workplace by expanding existing Company programs that focus on women, people with disabilities, and the integration of young talents.

The company continued to support education and volunteering, with 335 initiatives taken from 30 ST sites in 17 different countries.

ST reached the milestone of 500,000 students trained by the ST Foundation in 26 countries.

In 2017 alone, it says, more than 100,000 students took part in the Foundation’s Informatics and Computer Basics classes;

The company was recognized by CDP (Carbon Disclosure Project) as an A list leader in sustainable water management;

Absolute energy consumption decreased by 12% compared to 2016 in normalized terms;

By the end of 2017, 26% of energy purchased by ST came from renewable sources;

More than 91% of waste was reused, recovered or sent for recycling, placing ST among the best-in class manufacturing companies for environmental impact in 2017.

By: DocMemory
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