| Our ambition is to create value for global and local stakeholder communities through constructive, transparent engagement and collaboration, and by ensuring we conduct our operations with the highest level of business integrity. The work of the ST Foundation is another way we contribute to social development in local communities. |
|
Effective engagement has the potential to benefit many stakeholders, including the local community population, local suppliers and business partners, academic institutions, government and general civil society. Our community pillar is not managed through a single department. Instead community engagement forms a central pillar of our corporate culture, with all sites managing their own partnerships and programs. Whilst our approach to community engagement may vary depending on the region, activity and the nature of the stakeholder relationship, the final objective remains the same: to develop mutually beneficial partnerships and projects that add value to local communities as well as providing us with valuable insights in to our potential risks and operational impacts.
|
Local Sustainability impacts
We are currently developing a local community charter to provide general guidance to all of our sites on how to engage with local communities. It is the role of Sustainable Excellence coordinators and Site Managers to adapt these guidelines to help develop their own specific local projects and partnerships. Every year all of our local initiatives’ inputs, outputs and impacts are evaluated at Group-level using the London Benchmarking Group’s methodology for assessing companies’ contributions to society.
ST Foundation and its ‘Digital Unify’ activities are included in the Charter and annual evaluations.
Business Conduct and Ethics Policy
ST is committed to attaining the highest international standards of Corporate Governance, Business Integrity and Ethics in every community where we operate. Our Corporate Policy on Business Conduct and Ethics and our Principles for Sustainable Excellence describe the behavior we require from everyone conducting business on behalf of ST.
ST provides formal channels for employees and business partners to raise any concerns relating to the way business is conducted at ST; either via an external ombudsman or through confidential channels reporting directly to the Corporate Ethics Committee.
Franck Freymond, Chief Audit Executive, is responsible for Internal Audit, the Ethics and Enterprise Risk Management Committees, the whistle-blowing hotline and for managing and reporting on ethics related investigations.
Managing Sustainability within our Supply Chain
ST has been engaging with suppliers and subcontractors for almost twenty years to ensure they comply with our environmental, health and safety, social and ethics commitments. Since 2005, our supply chain program has also incorporated best practice elements from the Electronic Industry Citizenship Coalition’s (EICC) Corporate Responsibility Standards, particularly those relating to conflict minerals. As such, sustainability is completely integrated in to our corporate and local supply chain management programs.
Annual updates on our company’s achievements, such as suppliers engaged in the EICC program and covered by our internal risk assessment, can be read in ST’s Sustainability Report.
Supply chain management is overseen by our Global Purchasing and Wafer Foundry departments. ST annually reviews customers’ and legal supply chain requirements and risk assesses suppliers at least once a year using both internal and EICC tools to ensure they comply with our standards.
Partnerships in R&D and Education
ST’s R&D programs generate value for our business partners, and help us to keep pace with the industry’s most innovative companies. Another indicator of our productive engagement with local communities is our partnerships with academic institutions, enabling us to foster and attract the best young minds.
The Corporate Human Resources department in line with R&D management provides general guidelines on how to engage with and manage R&D and educational partnerships. These are then adapted to take into account the local environment and culture by the relevant Site Managers.
Public Affairs and Industry Networking
ST’s primary objective for public affairs engagement and industry networking is to promote the electronic industry in all countries and across a wide range of communities with whom we interact. No matter the location, the objective is the same even if the approach may vary according to the country and culture.
In our key markets, Europe and Asia, relationships with national and international governmental bodies and industry organizations are managed at a senior level by Gérard Matheron, Site Director of ST Crolles (France), Pietro Palella, Managing Director of STMicroelectronics Italy and François Guibert, Executive Vice President of Greater China and South Asia Region.
For more information on ST involvement in governmental and industry organization, click here.
Our Community Sustainability Strategy priorities
| Management of Sustainability in our Supply Chain | Business Ethics and Compliance | Local Sustainability Impacts |
| ST suppliers and subcontractors are required to comply with ST and EICC’s policies and standards and meet customer and legislative requirements, which include managing EHS, along with social and ethics aspects. |
ST is committed to fighting corruption, including extortion and bribery, and to promoting high standards of business ethics wherever we operate in the world.
|
As an inherent part of our culture, ST engages with the local communities throughout our global operations to generate positive social, economic and environmental community impacts.
|
| Partnerships in R&D and Education | Public Affairs and Industry Networking | |
|
ST invests in and partners with local universities and other institutions to support our research and recruitment needs, as well as to ensure long-term local engineering and technical resources in the vicinity of ST's operations.
|
ST has a proactive, appropriate and timely approach to public policy engagement in respect of international, national and local frameworks, laws, regulations and standards. |
|
More information will be available soon.
