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    Breaking News

    STMicroelectronics Publishes 25th Annual Sustainability Report

    On track to become carbon neutral by 2027 with more than 50% purchased electricity coming from renewable sources.

    STMicroelectronics Publishes 25th Annual Sustainability Report
    05.04.22
    STMicroelectronics released its 25th annual sustainability report detailing 2021 performance and achievements. Collaborating with customers and partners, ST creates innovative technologies that bring an important contribution to overcome the environmental and social challenges of the planet today.

    “This is our 25th annual report, a significant milestone after the pioneering efforts of ST in this field. In 2021 we continued to achieve strong results across all key sustainability metrics, including the initial steps of our path towards carbon neutrality in 2027. We are determined to continue to do more and to accelerate our overall sustainability efforts to create technology for a sustainable world, in a sustainable way, and to generate long-term value for our people and all stakeholders,” said Jean-Marc Chery, president and CEO, STMicroelectronics.

    In 2021 ST has been actively working, through a collaborative approach, on its sustainability commitments and programs to create a healthier, safer, and more inclusive environment for people and communities and to create profitable growth.

    Sustainable Technology

    ST technologies and products enable its customers to boost sustainability and seize opportunities with continued improvement of the company’s social and environmental footprint at every stage of the product lifecycle (Sustainable Technology). In 2021,
    69% of new products were identified as responsible (responsible sourcing, eco-design, advanced EHS standards of manufacturing, responsible products, and applications) vs 63% in 2020. In addition, 20% of total revenue derived from responsible products (vs 18.5% in 2020).

    Sustainable Way

    In December 2020, ST committed to becoming carbon neutral by 2027 (Energy and Climate Change) and remains on track to meet that target, actively working in 2021 on reducing its environmental footprint:
    • Reduced GHG emissions by 34% compared to 2018 in absolute terms, despite the continued expansion of ST’s manufacturing capacity.
    • Increased the sourcing of electricity coming from renewable sources to more than 50% (vs 43% in 2020).
    • Reduced water consumption by 16% (vs 2020 per production unit).
    • Reusing, recovering, or recycling 90% of the company’s waste (vs 88% in 2020).

    2021 was a year that continued to be impacted by the COVID-19 pandemic and ST maintained its support to its 48,000 employees across the globe, while investing in safety, and diversity, equity, and inclusion (Diversity, Equity, and Inclusion).
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