Ethisphere Announces ON Semiconductor as One of the 2021 World’s Most Ethical Companies for the Sixth Consecutive Time
2021年2月24日 - 3:00AM
ビジネスワイヤ(英語)
ON Semiconductor continues to be recognized for
its commitment to ethics, sustainability and inclusion
ON Semiconductor (Nasdaq: ON), driving energy-efficient
innovations, has been recognized by Ethisphere, a global leader in
defining and advancing the standards of ethical business practices,
as one of the 2021 World’s Most Ethical Companies. This is the
sixth consecutive year ON Semiconductor has received the honor and
is one of only three honorees in the semiconductor industry.
“ON Semiconductor is committed to engineering a better tomorrow
through the actions we take every day,” said Hassane El-Khoury,
president and CEO of ON Semiconductor. “As our company continues
its evolution, we will focus on improving how we operate - whether
it be related to our business, governance and ethics, our people,
our environment or our communities.”
The company is dedicated to maintaining high ethical business
standards with employees, customers, shareholders and other
stakeholders. In living up to the company’s core values, the
actions of every employee reflect an individual and collective
effort to create an ethical work environment for their co-workers
and business partners, driving further shareholder value.
“While addressing the tough challenges of 2020, we saw companies
lead – above all other institutions – on earning the trust of
stakeholders through resilience and a commitment to ethics and
integrity,” said Ethisphere CEO, Timothy Erblich. “The World’s Most
Ethical Companies honorees continue to demonstrate an unwavering
commitment to the highest values and positively impacting the
communities they serve. Congratulations to everyone at ON
Semiconductor for earning the World’s Most Ethical Companies
designation for a sixth year in a row!”
WME Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the
World’s Most Ethical Companies assessment process includes more
than 200 questions on culture, environmental and social practices,
ethics and compliance activities, governance, diversity and
initiatives to support a strong value chain. The process serves as
an operating framework to capture and codify the leading practices
of organizations across industries and around the globe. This year,
the process was streamlined and question set expanded to gauge how
applicants are adapting and responding to the global health
pandemic, environmental, social, and governance factors, safety,
equity, and inclusion and social justice.
“Our company continues its commitment to ethical, energy
efficient operations. They truly are the cornerstone of a
successful business, guiding far-reaching decisions that affect
shareholders, customers, suppliers and employees,” said Jean Chong,
vice president, ethics and corporate social responsibility (CSR) at
ON Semiconductor. “Demonstrating our core values of respect,
integrity, and initiative in a variety of ways during an extremely
challenging year shows how we remain deeply dedicated to positively
impacting our employees and the communities in which we
operate.”
The foundation of ON Semiconductor continues to be rooted in
environmentally sustainable operations, ethical business practices
and a culture of inclusion. A full member of the Responsible
Business Alliance, ON Semiconductor has been recognized as one of
Barron’s 100 Most Sustainable Companies for the past four years,
moving up to No. 10 most recently, making it the highest-ranking
semiconductor company on the list. In 2020, ON Semiconductor also
received the highest level recognition, platinum, from EcoVadis, a
leading platform for environmental, social and ethics performance
ratings for global supply chains, placing us in the Top 1% of
companies assessed and was awarded Most Sustainable Company in 2020
in the semiconductor industry by World Finance. Download the
company’s most recent Corporate Social Responsibility 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.
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.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and
advancing the standards of ethical business practices that fuel
corporate character, marketplace trust and business success.
Ethisphere has deep expertise in measuring and defining core ethics
standards using data-driven insights that help companies enhance
corporate character and measure and improve culture. Ethisphere
honors superior achievement through its World’s Most Ethical
Companies recognition program and provides a community of industry
experts with the Business Ethics Leadership Alliance (BELA). More
information about Ethisphere can be found at:
https://ethisphere.com.
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Media Contacts Sarah Rockey ON Semiconductor Senior
Manager, External Communications and Partnerships 602.244.5910
sarah.rockey@onsemi.com Ethisphere Clea Nabozny Director, Marketing
and Media 480.397.2658 clea.nabozny@ethisphere.com
ON Semiconductor (NASDAQ:ON)
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