PARIS The European chipmaker STMicroelectronics NV has published its 2007 corporate responsibility report. This publication, part of annual series, presents detailed indicators of the company's performances across a range of environmental, health & Safety, social and corporate governance issues.
Among other achievements, STMicroelectronics highlighted that, in greenhouse gas emissions, 2007 was a record-breaking year. The Geneva-based company indeed claimed a 20-percent reduction in net greenhouse gas emissions. Direct net emissions due to the use of PFCs also decreased by 33 percent, the company added.
"The link between ethics and operations is not always simple and straightforward: it takes a lot of work to design the processes and the systems to ‘lock’ the two worlds of high-level values and actual practices together, but this work is necessary to build robust management systems," commented Georges Auguste, ST's executive vice president, Total Quality and Corporate Responsibility.
August added: "We are glad and encouraged to see that our society has reached a turning point where the need for Corporate Responsibility is no longer questioned. Being responsible is a matter of personal dignity and it is a prerequisite for doing sustainable business."
Looking forward to 2008 and beyond, Carlo Bozotti, ST's president and CEO, said he is convinced that ST is implementing the right strategies to maintain and reinforce its leadership position in the semiconductor industry. But, he continued, "strategies lead nowhere without the men and women who will deploy and champion them."
Bozotti stated: "In the end, what drives a corporation to long-term success is the commitment of its people, and the strength of its shared values. This is what makes the difference between a group of people and a winning team."
The full report is available here.