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STMicroelectronics Among Top Sustainable Companies for Fourth Year Running

Geneva – STMicroelectronics announced that for the fourth consecutive year the company has been chosen as one of the top 20 sustainable companies worldwide by The Progressive Investor, a respected monthly newsletter that guides investors and analysts towards sustainable investments.

The newsletter is published by, which tracks stock performance in this emerging investor marketplace. “Our goal is to create a list that showcases the top public companies leading the way to a sustainable society,” said Rona Fried, CEO of, as the 2005 list was revealed. The judging panel was made up of five leading social and environmental investment analysts, who were charged with selecting the 20 companies that stand out as world leaders in both sustainability and financial strength.

According to, to be included in the SB20 list, a company must be a world-class example of sustainable business, with excellent environmental practices nurtured throughout the organization; or its products and services should contribute directly to reducing environmental problems. The company must also have a history of healthy profitability and be considered by the judges to be a good investment opportunity.

“ST is proud to be listed once again in the Sustainable Business top twenty,” said Georges Auguste, Corporate Vice President, Total Quality and Environmental Management, STMicroelectronics. “All of our activities are governed in one way or another by our Environmental Decalogue, which has now been an integral part of our culture for more than ten years, and which ensures that every process, from the simplest to the most complex, contributes to our long-range goal of becoming environmentally neutral and our profitability. In fact, we have also consistently demonstrated that far from being an additional cost, our investment in environmental initiatives always provides a good return.”

ST has set social and environmental goals alongside more conventional business targets. A stated corporate objective is “to contribute to the well being of our people and communities, emphasizing sustainable development through environmental responsibility.” The Company’s environmental policy is led by an Environmental Decalogue, a ten-point set of measurable, time-limited targets – defined in 1995 – that lead towards the ultimate goal of becoming environmentally neutral. This long-term roadmap is part of ST’s basic operating principles, remaining the ultimate environmental guide for every operation in the company and helping to breed a culture where everyone is encouraged to be environmentally aware.

ST’s Environmental Decalogue defines specific objectives for reducing the consumption of energy, water, and chemicals, and for reducing and limiting greenhouse-gas emissions and waste. Design engineers are required to take into account the potential for pollution due to the use of their products, and must design products which themselves have lower energy consumption, and which also help end users to make more efficient applications. Annual environmental targets are set for each Product Division alongside their industrial and commercial targets. All of ST’s manufacturing sites are EMAS (Eco-Management and Audit Scheme) validated and ISO14001 certified.

Despite conventional wisdom believing that green approaches are more costly, ST has consistently demonstrated that the opposite is true. The Company achieves dramatic savings in energy costs each year, as a result of its 10 years of environmental initiatives. In the year 2004 alone, ST saved $102M in energy costs, against the 1995 baseline. Continuing investment in water conservation and recycling initiatives has saved more than $62M since 1997, including $17M – the cost of 32 million cubic metres of water, enough to quench the thirst of 44 million people – in 2004. In addition, an ongoing program of substitution, process optimization, and recycling reduced 2004 consumption of the wide range of chemicals used in semiconductor manufacturing by 7% compared to 2003, yielding a cost savings of $54M for the year.

Large or small, almost every initiative has been shown to have a financial, as well as an environmental payback in the longer term. In addition, because ST’s success depends on its ability to attract and keep motivated and talented employees, the Company’s strong environmental policy contributes to making its employees proud of their company and makes it attractive to young engineers. But ST’s environmental philosophy has blossomed beyond the Company’s borders, as it has driven its partners, customers, and suppliers to adopt sustainable practices. All of these initiatives, in total, help STMicroelectronics focus on its “triple bottom line,” the economic, social, and environmental performance that ensure the Company’s ongoing competitiveness and success.

The SB20 list is available at:

Jueves, 08 Septiembre, 2005 - 04:10
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