ON Semiconductor Releases Annual Corporate Social Responsibility Report
2020年7月9日 - 10:00PM
ビジネスワイヤ(英語)
ON Semiconductor continues to encourage
ethical, sustainable and responsible business practices across its
global footprint
ON Semiconductor
(Nasdaq: ON), driving energy efficient innovations, has today
released its seventh annual Corporate Social Responsibility (CSR)
Report. The report highlights key initiatives that are driving the
company towards its goals in ethics, sustainability and
responsibility, which in turn is positively influencing and
impacting its surrounding communities. These key initiatives are a
result of the company’s culture and core values, which remain
unwavering since its public offering over 20 years ago – respect,
integrity and initiative.
“In 2019, the organization hit many milestones in the area of
CSR and ethics, all while remaining a leader of energy efficient
semiconductors that help make the world greener, safer and
connected,” said Jean Chong, vice president of ethics and corporate
social responsibility at ON Semiconductor. “The results of our
sustainable investments have allowed us to improve our competitive
position and create a relationship of mutual trust and respect
between the company and the local communities in which we
operate.”
The organization’s CSR efforts focus on continually improving
how it operates, whether it be related to business, governance and
ethics, people, environment or communities. By keeping these
principles at the forefront of its operations, ON Semiconductor has
been able to achieve the following:
- Sustainability Project Savings: In 2019, the company
saved more than $10.8 million USD through sustainability projects
across energy conservation, water conservation, chemical waste
reduction, material optimization and recycling efforts. With an
in-house team dedicated to sustainability excellence, ON
Semiconductor has achieved marked successes within the company’s
conservation programs, all of which are vital to the success of our
semiconductor device manufacturing business.
- Reclaim and Recycle: In 2019, approximately 910,000
kilograms of scrap materials and 1,376 kilograms of precious metals
from its worldwide manufacturing facilities were processed, sorted
and sold for reuse. The reclamation of these materials recouped
more than $22 million USD.
- Community Support: In 2019, the ON Semiconductor
Foundation was formed as a 501(c)(3) nonprofit organization to
further align the company’s corporate giving and employee volunteer
programs to its purpose, brand and culture. It also focuses on
external exposure of its giving programs towards communities where
employees work and where it does business. Since the inception of
the global corporate giving program in 2016, almost $5 million have
been funded. In 2019, ON Semiconductor invested over $2 million USD
to support its communities worldwide in the areas of STEAM
education, health, human services, disaster relief and
environment.
- Diversity and Inclusion: In 2020, ON Semiconductor
ranked #1 Fortune 500 high tech / semiconductor company for gender
diversity. ON Semiconductor has long remained committed to
diversity and inclusion, recognizing that the company is at its
strongest when it effectively draws upon the wide variety of
experiences, knowledge, culture and backgrounds of its employees.
The company continues to meet or beat its diversity metrics in the
areas of policies and practices, development and training, talent
and succession pipeline, communication and awareness, and measure
success, since established in 2018.
“I am proud of our award-winning CSR and ethics initiatives and
the everyday actions our employees take to enhance our global
communities to create a better world for our future leaders,” said
Keith Jackson, president and chief executive officer at ON
Semiconductor. “As we continue to grow, we are committed to
supporting our company’s ethical framework, operating a responsible
company and continuing to advance our position within the CSR and
ethics realm.”
ON Semiconductor places high importance and value in being
ethical, sustainably responsible and community-centered with plans
to continuously evolve its CSR efforts. The company has seen the
fruits of its labor to be a CSR leader within its industry winning
World’s Most Ethical Companies® by Ethisphere five years in a row,
as well as being named Barron’s 100 “Most Sustainable Companies” in
2017, 2018 and 2019. Further, this year the company was also
recognized as Newsweek’s America’s Most Responsible Companies,
while also advancing its position on Fortune’s Fastest-Growing
Companies list.
To learn more about ON Semiconductor and its CSR initiatives,
read the 2019 CSR Report.
About ON Semiconductor
ON Semiconductor (Nasdaq: ON) is driving energy efficient
innovations, empowering customers to reduce global energy use. The
company is a leading supplier of semiconductor-based solutions,
offering a comprehensive portfolio of energy efficient power
management, analog, sensors, logic, timing, connectivity, discrete,
SoC and custom devices. The company’s products help engineers solve
their unique design challenges in automotive, communications,
computing, consumer, industrial, medical, aerospace and defense
applications. ON Semiconductor operates a responsive, reliable,
world-class supply chain and quality program, a robust compliance
and ethics program, and a network of manufacturing facilities,
sales offices and design centers in key markets throughout North
America, Europe and the Asia Pacific regions. For more information,
visit http://www.onsemi.com.
Follow @onsemi on Twitter: https://twitter.com/onsemi
ON Semiconductor and the ON Semiconductor logo are registered
trademarks of Semiconductor Components Industries, LLC. All other
brand and product names appearing in this document are registered
trademarks or trademarks of their respective holders. Although the
company references its website in this news release, such
information on the website is not to be incorporated herein.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200709005093/en/
Lauren Bialkowski Public Relations and Communications ON
Semiconductor Lauren.bialkowski@onsemi.com 480-544-6365
Parag Agarwal Vice President Investor Relations and
Corporate Development ON Semiconductor investor@onsemi.com
602-244-3437
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