STMicroelectronics Recognized for Leadership on Environmental Actions by CDP
ST awarded a position on this year's "A" List for water and "A-" List for climate change by CDP, the non-profit global environmental disclosure platform
Geneva, November 22, 2017 -- STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics, has been identified as a worldwide leader in corporate sustainability, and awarded a position on this year's "A" List for water and "A-" for climate change by CDP, the non-profit environmental disclosure platform.
Among the 2,025 companies that were evaluated worldwide, the Water "A" List recognizes the top 10% of companies participating in the CDP's water program, for their actions in the last reporting year to manage water more sustainably. ST is one of only three semiconductor manufacturers worldwide to be recognized. The Company's "A-" score for climate change is also among the 22% highest scoring companies. CDP assigns the ST results to its Leadership level, underlying that the Company has implemented a range of actions to manage climate change within its own operations and extending to its supply-chain ecosystem.
"The semiconductor manufacturing process requires large quantities of water with a very high level of purity. Tackling the challenges of water scarcity and wastewater treatment has been a fundamental part of our strategy since 1994. Over the course of 20 years, our overall water footprint has been reduced by more than 70% through continuous improvement programs undertaken at all our manufacturing sites and, in responding to climate change, our carbon footprint per wafer has been divided by 4," said Carlo Bozotti, President and CEO, STMicroelectronics. "With corporate social responsibility as an integral part of the company DNA, ST continues to work in all its manufacturing sites and throughout its supply chain to minimize environmental impacts and operate as a responsible global organization."
Read more about the "A" List 2017 scores on CDP's website: https://www.cdp.net/en/scores-2017
Read more about the Global Water Report 2017 on CDP's website: https://www.cdp.net/en/research/global-reports/global-water-report-2017
More information about ST's approach to Sustainability is available here.
About CDP
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. This is in addition to the over 500 cities and 100 states and regions who disclosed, making CDP's platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business Coalition. Please visit www.cdp.net or follow us @CDP to find out more.
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST's products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands for life.augmented.
In 2016, the Company's net revenues were $6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Tait Sorensen
Group VP, Investor Relations
Tel: +1 602 485 2064
tait.sorensen@st.com
MEDIA RELATIONS:
Alexis Breton
Director, PR & Media Operations
STMicroelectronics
Tel: + 33 6 59 16 79 08
alexis.breton@st.com
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