STMicroelectronics is rated as an A-level company for water security information transparency

STMicroelectronics is rated as an A-level company for water security information transparency

December 19, 2022, China - STMicroelectronics (ST;), a world-leading semiconductor company that serves multiple electronic application fields and is one of the world's top semiconductor companies, received the CDP from the non-profit organization for leading the industry in water security information transparency and performance. recognized and selected into CDP's annual A-level enterprise list.

According to the survey data of CDP's 2022 Water Security Questionnaire, STMicroelectronics stood out from nearly 15,000 participating companies and became one of the few companies to receive an A grade.

CDP's annual environmental disclosure and rating system is the world-recognized gold standard for measuring corporate environmental information transparency. In 2022, more than 680 investment institutions with total assets of US$130 trillion and 280 large purchasers with total procurement expenditures of US$6.4 trillion will require companies to disclose data on environmental impacts, environmental risks and environmental opportunities through the CDP platform. The number of participating companies hit a new high, reaching 18,700.

CDP uses a detailed and independent methodology to evaluate these companies based on completeness of disclosures, awareness and management of environmental risks, and demonstration of best practices related to industry-leading environmental performance (e.g., long-term goals). Companies that do not disclose or disclose insufficient information are rated F.

Rajita D'Souza, President of Human Resources and Corporate Social Responsibility at STMicroelectronics, said: "Being selected on the CDP Water Security A-rated list is an important recognition of our continued focus and integrated management approach to water-related risks over the years, including our With recognition of its water stress assessment, recycling, energy efficiency and conservation programs, ST continues to reduce the water footprint created by its facilities and address all water risks throughout its supply chain and operating regions.”

Sustainability has been an important part of STMicroelectronics' business model and corporate culture for 25 years, and STMicroelectronics has continuously reduced its water footprint while supporting the highest standards for treating and controlling wastewater before it is discharged into the environment. In 2021, water consumption per production unit will be reduced by 16% compared with 2020, reaching the 2025 target and reducing water consumption by 20% compared with 2016.