STMicroelectronics Enters the Dow Jones World and Europe Sustainability Indices
September 24 2018 - 9:01AM
Geneva, September 24, 2018- STMicroelectronics (NYSE:
STM), a global semiconductor leader serving customers across
the spectrum of electronics applications, announced today that it
has joined the Dow Jones Sustainability Indices (DJSI) World and
Europe.
The DJSI Europe and World indices, jointly calculated by the
Standard & Poor's Dow Jones[1] Indices and RobecoSAM[2], reward
the most responsible companies in the world. STMicroelectronics,
with a total score of 81 points out of 100, was ranked in the top
ten percent of the global semiconductor companies that were invited
to participate in the DJSI.
Jean-Marc Chery, STMicroelectronics President & CEO,
commented: "Sustainability has been part of ST's culture for
over 25 years, and will continue to be a key driver for our
sustainable profitable growth. This achievement acknowledges our
long-standing commitment to conducting our business responsibly and
recognizes our performance in many domains ranging from business
ethics, innovation, and quality, to environment and labor
practices."
DJSI's ranking is based on an in-depth analysis of the economic
stability, social and environmental performance of more than 2,000
international groups and the assessment of numerous criteria such
as corporate governance, customer relations, environmental policy,
working conditions and social initiatives, as well as an analysis
of media coverage and stakeholders feedback.
An online version of ST's Sustainablity Report
is available here.
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and
energy-efficient products and solutions that power the electronics
at the heart of everyday life. ST's products are found everywhere
today, and together with our customers, we are enabling smarter
driving and smarter factories, cities and homes, along with the
next generation of mobile and Internet of Things devices. By
getting more from technology to get more from life, ST stands for
life.augmented.
In 2017, the Company's net revenues were $8.35 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:Tait
Sorensen
Group VP, Investor Relations STMicroelectronics Tel: +1 602 485
2064 tait.sorensen@st.com
MEDIA RELATIONS:Alexis
Breton
Director, PR & Media OperationsSTMicroelectronics Tel: +
33 6 59 16 79 08 alexis.breton@st.com
[1] The S&P Dow Jones is a leading reference in
sustainability indices. Their DJSI World index is the longest
running global index to track the leading sustainability-driven
companies based on RobecoSAM's analysis of financially material
Environmental, Social, and Governance (ESG) factors and S&P
DJI's robust index methodology.
[2] Founded in 1995, RobecoSAM is an investment specialist
focused exclusively on Sustainability Investing. It offers asset
management, indices, impact analysis and investing, sustainability
assessments, and benchmarking services.
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From Apr 2024 to May 2024
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From May 2023 to May 2024