Economic Aspects

Economic sustainability
At ST, we believe a sustainable economy can create wealth while respecting people and the planet. Reconciling profitability with sustainable, responsible policies will contribute to a better future. ST was one of the first companies to sign the UN Global Compact, which provides a framework for these principles.

ST's economic sustainability is based on providing solutions to customer needs through innovation, continuous improvement, and the dedication and hard work of our people.

We are convinced that the core values of our Sustainable Excellence culture will allow us to create sustainable value for our stakeholders – from innovative solutions for our customers to career opportunities for employees, to reduced environmental impact, and so on.

Customer focus
In ST, we work closely with our customers to provide focused solutions to their needs, including products, service and quality. We listen to our customers and strive to fully understand, anticipate and fulfill their needs and requirements. Implementation of our Principles for Sustainable Excellence allows us to build long-term partnerships that create value on all sides.

Driving innovation and continuous improvement 
Our common working culture fosters innovation, excellence and continuous improvement. This is essential in our industry, which requires us to develop new technologies and profitable products as quickly as possible, while continually increasing the functionality, speed and cost-effectiveness of our existing products. ST invests in new technologies and processes with consistent, focused R&D expenditures and strategic alliances.

Corporate citizenship
ST seeks to satisfy shareholder expectations through financial and non-financial performance. Our performance in sustainable development is regularly assessed by rating agencies. ST is listed in the main sustainability indices ASPI, Ethibel Sustainability Index, ECPI and FTSE4Good. Evaluation of how we integrate CR in our strategy, organization and management allows investors to make informed decisions.