We require our suppliers and subcontractors to commit to ST’s and the EICC’s Social Responsibility standards, including conflict-mineral and chemical requirements, and we monitor their performance through regular assessments and audits.
At ST, we believe that the social, environmental and ethical aspects of suppliers’ and subcontractors’ performance are key contributors to sustainable business success. The notion of supply chain responsibility is embedded in our policies through our own Code of Conduct as well as our commitment to the industry standard (EICC) code of conduct. For more than a decade, we have monitored supplier performance through regular assessments and audits in order to continually enhance our management of risks in our supply chain.
ST procures materials, goods and services from thousands of sources around the world. At Corporate level, a supply chain team promotes sustainable sourcing and develops long-term relationships by choosing suppliers and subcontractors with robust social and environmental standards and practices. At local level, eligible suppliers, which are mainly service suppliers such as labor agencies, cleaning services, on-site canteen and security, are required to commit to ST's policies and we have a program in place to regularly assess and audit them based on local risks.
Our programs mainly cover
More information can be found in our annual Sustainability Report.