Climate Change Data

STMicroelectronics International NV

Climate Impact & Sustainability Data (2021-2027, 2023)

Reporting Period: 2021-2027

Environmental Metrics

Renewable Energy Share:100% by 2027 (target)

ESG Focus Areas

  • Climate Change
  • Human Rights
  • Diversity & Inclusion
  • Health & Safety
  • Responsible Sourcing
  • Ethical Conduct
  • Stakeholder Engagement

Environmental Achievements

  • Strong results across all key sustainability metrics during the last 25 years

Social Achievements

  • Deployment of employee health and well-being programs
  • High standards of ergonomics in working environments
  • Commitment to labor and human rights with zero-tolerance for forced labor

Governance Achievements

  • Integrity, respect, and accountability at the core of decision-making
  • Zero-tolerance policy towards bribery and corruption
  • Speak-up culture

Climate Goals & Targets

Long-term Goals:
  • Be carbon neutral by 2027
  • Adopt 100% renewable energy sources by 2027
  • Implement programs to reduce energy consumption by at least 150 GWh per year by 2027
  • Further reduce defects by 20% per production unit by 2027 (vs. 2020)
  • Generate at least 33% of revenues from Sustainable Technology's most advanced responsible products by 2027
Medium-term Goals:
  • Generate at least 20% of revenues from new product lines by 2025
Short-term Goals:
  • Reduce emissions by 50% by 2025 (compared to 2018)
  • Reduce energy consumption per wafer by 20% in 2025 (vs 2016)
  • Improve water efficiency by 20% by 2025 vs 2016
  • Recycle at least 50% of water used each year
  • Reuse or recycle 95% of waste by 2025
  • Audit 100% of high-risk suppliers by 2025
  • Get 100% of ST manufacturing sites recognized for social responsibility by external international bodies by 2025
  • Engage employees in deploying STEM partnerships in 20 countries by 2025
  • Achieve an employee engagement rate at least 10 percentage points above local norms in all major countries by 2025

Environmental Challenges

  • Reducing greenhouse gas emissions
  • Reducing energy consumption
  • Reducing water usage
  • Reducing waste
  • Managing risks in the supply chain
Mitigation Strategies
  • Continuous reduction of direct emissions
  • Increased renewable energy sourcing
  • Minimizing transportation emissions
  • Offsetting remaining emissions
  • Implementing energy conservation projects
  • Improving water efficiency
  • Minimizing unnecessary resource consumption
  • Striving for zero hazardous waste in landfill
  • Annual risk assessment of supply chain and audits of high-risk suppliers
  • Following highest standards for materials used

Supply Chain Management

Supplier Audits: 100% of high-risk suppliers by 2025 (target)

Responsible Procurement
  • Responsible Minerals Initiative (RMI)
  • Hazardous Substances Process Management (IECQ 080000)
  • ISO 14001, ISO 45001, and ISO 50001 certifications for suppliers

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • At least 50% of new products recognized as Sustainable Technology

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:906 KT CO2e/year
Scope 1 Emissions:514 KT CO2e/year
Scope 2 Emissions:272 KT CO2e/year
Scope 3 Emissions:120 KT CO2e/year
Renewable Energy Share:71%
Total Energy Consumption:11,076 TJ/year
Water Consumption:41,117,000 m3/year
Waste Generated:81,416 tons/year
Carbon Intensity:37 KT CO2e per unit of production (2023)

ESG Focus Areas

  • Health and safety
  • GHG emissions
  • Water efficiency
  • Human rights
  • Pollution

Environmental Achievements

  • 45% decrease in GHG emissions scopes 1 and 2 vs 2018 (in absolute value)
  • 71% of renewable energy
  • 96% of waste reused, recovered, or recycled
  • 42% of water recycled or reused
  • 10% water efficiency improvement vs 2016
  • Installation and activation of 53 new PFC abatement systems

Social Achievements

  • Established employee resource groups (ERGs) to promote inclusion in the workplace
  • 86% employee engagement rate
  • 8,000+ employees trained on DEI
  • 156,000+ hours of volunteering donated to communities
  • Updated Corporate Labor and Human Rights Procedure
  • Enhanced parental leave policy

Governance Achievements

  • Continued to deploy Compliance, Ethics and Privacy multi-channel communication and awareness strategy
  • Refreshed Company risk assessment with the executive management team
  • Implemented further risk assessments on large company programs

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Generate at least 33% of revenues from Sustainable Technology’s most advanced responsible products by 2027
  • Be carbon neutral by 2027 in all direct and indirect emissions from scope 1 and 2, and focusing on product transportation, business travel and employee commuting emissions for scope 3
  • Adopt 100% renewable energy sources by 2027
  • Implement programs to reduce energy consumption by at least 150GWh per year by 2027
  • Further reduce defects by 20% per production unit by 2027 (vs 2020)
Short-term Goals:
  • Generate at least 20% of revenues from new product lines by 2025
  • Reduce energy consumption per wafer by 20% in 2025 vs 2016
  • Improve water efficiency by 20% by 2025 vs 2016
  • Recycle at least 50% of water used each year by 2025
  • Reuse or recycle 95% of waste by 2025

Environmental Challenges

  • Evolving trade dynamics and challenges resulting from climate change
  • Increased volatility, uncertainty, complexity, and ambiguity in the semiconductor market due to geopolitical instabilities
  • Water scarcity
  • Maintaining compliance with evolving regulations on chemicals and responsible mineral sourcing
  • Supplier CMRT publication delays
Mitigation Strategies
  • Driving progress across sustainability programs and improving resilience across all aspects of the business
  • Embedded enterprise risk management (ERM) approach aligned with ISO 31000
  • Comprehensive water assessment and risk management
  • Robust due diligence programs for responsible mineral sourcing and supply chain management
  • Proactive communication and collaboration with suppliers

Supply Chain Management

Supplier Audits: 150 supplier responsibility audits

Responsible Procurement
  • Adherence to ST Code of Conduct
  • RBA code of conduct
  • Integration of sustainability criteria into procurement processes
  • Carbon footprint assessment of suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Flooding
  • Drought
  • Heat waves
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Expansion of renewable energy sourcing

Reporting Standards

Frameworks Used: GRI Standards, SASB semiconductor standard, TCFD framework, UN Global Compact

Certifications: ISO 14001, ISO 45001, ISO 14064, ISO 50001, IATF 16949, ISO 9001, ISO 22301

Third-party Assurance: DNV Business Assurance France

UN Sustainable Development Goals

  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 17

Initiatives contribute to these goals through various programs and commitments

Sustainable Products & Innovation

  • Power-efficient products
  • Low-carbon products
  • Edge AI solutions

Awards & Recognition

  • Dow Jones Sustainability Index World and Europe indices
  • MSCI ESG Rating of AAA
  • Bloomberg Gender Equality Index
  • CDP water security A-
  • CDP climate change A-