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This is a report to ST’s stakeholders of how responsibly we have performed as a company in the calendar year 2010. It covers all STMicroelectronics NV’s activities and subsidiaries in which ST has more than 51% share ownership, unless otherwise stated.
You can find details of ST’s structure and countries of operation in the chart on page 1.
For other information you can access reports from previous years at
http://www.st.com/internet/com/about_st/company_reports_st.jsp
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Click here to see ST at glance
Click here to see ST value chain
ST-Ericsson is an independent company whose financial results are consolidated by STMicroelectronics, but managed as an independent organization with governance that seeks to adopt and harmonize the best practices of each of its parents, STMicroelectronics and Ericsson.
This report includes data and statements relating to the Sustainability strategy of STMicroelectronics only.
The financial figures presented in this report are based on the Consolidated Financial Statements, included in ST’s Annual Report on Form 20-F as filed with the SEC on March 7, 2011, which also includes the ST-Ericsson entity as consolidated by ST.
 For more information on ST-Ericsson’s sustainability strategy and activities, click here
Following an internal reorganization, the Corporate Responsibility and Environment, Health & Safety departments merged. This new organization is now called Corporate Sustainable Development and is managed by Alain Denielle, Group Vice President, Corporate Sustainable Development reporting directly to Tjerk Hooghiemstra, Senior Executive Vice President, Chief Administrative Officer.
For consistency with the evolution of ST’s Sustainability strategy, the Corporate Responsibility report has changed its name to the Sustainability Report.
Change in scope
In June 2010, ST’s production site in Phoenix (USA) was sold to a third party. ST production ceased at the end of Q1 2011. With the exception of health and safety data, which are collected throughout the year, this site has not been included in our 2010 social and environmental reporting as data have been collected and/or consolidated beginning 2011.
 Click here for more information on ST's Sustainability strategy.
Accessibility
This printed report presents STMicroelectronics’ sustainability performance, demonstrating how ST integrates its culture of Sustainable Excellence into its business strategy and operations. As in previous reports, we describe our company strategy, the challenges we face, our achievements and the constantly increasing company-wide awareness of sustainability. The specific examples we use to illustrate our performance are selected to provide a complete and balanced view of ST’s group-wide Sustainability strategy and its implementation.
The report is published in English and it is also accessible on the web in PDF format at:
http://www.st.com/internet/com/about_st/company_reports_st.jsp, along with past reports.
Printed copies are available on request.
Materiality
In 2010, we launched an extensive ‘materiality exercise’ to review our Sustainability strategy and define the top priority issues for ST. Business for Social Responsibility (BSR), a leading not-for-profit organization specializing in corporate social responsibility (CSR) research and consulting, provided the methodology for this exercise, together with feedback and support throughout the process.
For more information on ST’s Sustainability strategy, click here
For more information on BSR, visit their website: www.bsr.org
In addition to this exercise, as in previous years, in order to include the most relevant material in this report, we:
- took into account spontaneous feedback (e-mail, web requests);
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organized phone interviews with external stakeholders (including business partners, Socially Responsible Investment (SRI) analysts, the Corporate Responsibility community and major companies);
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conducted high-level benchmarking against our main competitors, customers and best-in-class companies in Sustainable Development;
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interviewed ST’s vice presidents and managers involved in the key issues linked to Sustainable Excellence;
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launched an internal survey, with around 50 participants giving us their feedback on the 2009 report;
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kept track of, and tried to anticipate, all relevant international rules and regulations relating to sustainability.
You will find details of our management approach for each section of the report on ST’s website.
See more http://www.st.com/internet/com/about_st/sustainable_development.jsp
Assurance
In 2010, a full review of our assurance approach has been carried out to understand how the accuracy of statements and data, together with reliability of data collection systems can best be evaluated and ‘certified’ in our Sustainability Report. As a result of this evaluation, we selected DNV to carry out the verification process on the 2010 report, which included data collection and auditing processes at ST headquarters and two manufacturing sites; Agrate (Italy) and Crolles (France). We value the role of external assurance as a means of ensuring the robustness of our data collection and the relevance and accuracy of the data published in this report.
For more details of this verification process, click here
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Adherence to GRI and the UN Global Compact
This report is prepared and presented in accordance with the 2006 Global Reporting (GRI) G3 Guidelines. We have self-declared an A+ application level and received a statement from GRI confirming this level. If G3 indicators are not applicable or relevant to us we explain why in the text or in the indicator index. We use our own indicators to respond to or to supplement GRI indicators.
ST has been a signatory of the United Nations Global Compact (UNGC) since 2000, which commits us to fulfilling its ten principles.
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This report describes actions we have taken to implement these principles, and serves as our Communication on Progress.
For more details on the GRI Application Level Check Statement, click here
Indicators and use of symbols
Where relevant, we have used our own company indicators to give a complete and accurate picture of our performance. These are all prefixed ‘ST’. Also, we have identified a number of Key
Performance Indicators (KPIs), which are shown as  .
A detailed table on the inside back cover provides a summary of the results of all KPIs for the current year. High level objectives are listed on page 8 and are shown with relevant sub-level objectives in each section of the report.
We have uses symbols to illustrate:
- the level of achievement of our objectives
 achieved
 in progress
 not achieved
- references to our Environment, Health and Safety Decalogue
- references to our ‘top issue’ (based on the ‘materiality exercise’)
- references to the web
- references to another page in this report
Give us your feedback
We are committed to improving both our sustainability performance and the ways we communicate with our stakeholders.
We encourage contributions and debate from all stakeholders and welcome feedback on the content and presentation of this report, as well as suggestions for next year.
For this, you can contact us at corporate.responsibility@st.com
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