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Corporate Social Responsibility (CSR) and Sustainability

Changes in the Perceived Sustainability Performance for STMicroelectronics, Inc.

Sustainability metrics site CSRHub recently updated its ratings on STMicroelectronics and the 199 companies in the Semiconductor & Other Electronic Component Manufacturingindustry.  STMicroelectronics’ overall rating moved up to 68 from 67.

This change may have been driven by progress that STMicroelectronics made in the past year, such as:

ð  In 2012, 7.4% of the energy purchased by ST came from renewable sources compared to 4% in 2011.

ð  In 2012, 91% of waste generated was recycled and re-used, while 4.6% was sent to landfill.

ð  In 2012, Front-end sites consumed 70.4% of ST’s total energy consumption. Conservation efforts at these sites during the same year reduced electricity consumption by 1.4%, equivalent to 20 GWh and US$ 2.6m.

 

See STMicroelectronics’ Corporate Social Responsibility website here.

The average rating for the other companies in the Semiconductor & Other Electronic Component Manufacturing industry shifted up one point to 50.  This allowedSTMicroelectronicsto maintain2nd place on the list, using the CSRHub average user profile. Also see information about STMicroelectronicsat CRSHub webpage here.

STMicroelectronics has a particularly strong score in the Employees area of 75.  This is due to a high score in Diversity & Labor Rights of 75—well above the average for this industry of 47.   The department with the greatest area for improvement for STMicroelectronics is their board.  Here, STMicroelectronicsgets a 54—which is the same as the average for the industry.

 

CSRHub provides access to corporate social responsibility and sustainability ratings and information on 7,400 companies from 135 industries in 96 countries. By aggregating and normalizing the information from 257 data sources, CSRHub has created a broad, consistent rating system and a searchable database that links millions of rating elements back to their source. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world.

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