ST has always been strongly committed to sustainability, and in the early 1990s we were one of the first multinational companies to implement an environmental policy, complete with publicly disclosed targets that went beyond legal requirements. Since then, we have increasingly widened the scope of our commitments.
|Employees are ST’s primary stakeholders and are fundamental to the success of our company. Ensuring their health, safety and well-being and providing them with opportunities to grow, develop and innovate are our key priorities. Our approach to respecting our employees’ human rights is founded on international standards whilst taking into account the local and regional cultural differences and values of our employees.|
|Our actions to drive sustainable progress are designed to improve our financial performance, decrease risk and support and improve our reputation among stakeholders as a long-time pioneer in our industry. We are continually looking for ways to foster innovation and create solutions that can have a positive contribution to people's lives and we are committed to maintaining a continuous and open dialog with our customers to ensure that their expectations are met.|
|Environment & Operations|
|We adopt a rigorous approach to managing our operations in a way that minimizes our impact on the environment. Over the last 20 years we have significantly reduced our electricity, water, chemical, waste and greenhouse gases emissions thanks to our ‘3-Rs’ approach: Reduce, Reuse, Recycle. We are continually looking for ways to create high-quality, innovative, eco-designed and responsible products that help improve the quality of life of final customers. We address the challenge of supply chain responsibility through long-term collaboration, audits and support.|
We selected our stakeholders through a mapping based on their importance, level of influence, potential impact on our business, the benefits of engaging them and the type of engagement. We invited over 300 stakeholders to participate, including customers, employees, suppliers, investors, SRI analysts, academic and industry associations, government representatives, local associations and NGOs, asking them to rate our 27 topics according to importance. Almost 40% of stakeholders responded.
Here are the results: