Better Health for All

No specific, concrete data points were found in the provided articles to assess STMicroelectronics against the quantitative thresholds for any of the 'Better Health for All' KPIs. While some articles mention the company's products or initiatives related to health, such as wearable technology for preventative care

or donations to hospitals for social prescribing programs, they do not provide the necessary quantifiable metrics (e.g., percentage of product portfolio, share of R&D budget, revenue from harmful products, or reach to vulnerable populations) required by the rubric. Information regarding employee health and safety was noted but excluded as per the value definition.

Fair Money & Economic Opportunity

STMicroelectronics is a semiconductor company, not a financial institution.

The provided articles focus on global economic and political topics or the company's semiconductor products and technology. There is no evidence that the company offers lending, deposit, or other financial services to consumers. Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable to its core business, aligning with the '0' tier definitions in the rubric.

Fair Trade & Ethical Sourcing

STMicroelectronics conducts RBA third-party audits on a two-year basis at its largest manufacturing sites, and 49% of high-risk suppliers had a valid audit on a 2-year cycle in 2023.

The company has reported zero substantiated forced or child labor incidents in the last three years, with proactive risk assessments ongoing, including 100% of new material suppliers assessed for sustainability risks in 2023. Corrective action plans for non-conformances identified during RBA audits must be identified and implemented within 12 months. For ethical clauses, 97% of suppliers at risk agree to comply with the RBA code of conduct, and 99% of high-risk suppliers signed an RBA commitment letter. The company has achieved 0% high-risk spend on conflict minerals, with 100% of smelters declared by suppliers and subcontractors as of December 31, 2024, being validated as Responsible Minerals Assurance Process (RMAP) conformant.

Honest & Fair Business

In the past three years, the company incurred approximately $1.75 million in ethics-related regulatory fines, including EUR 800,000 for ignoring gender discrimination complaints and EUR 815,000 ordered to be paid to female employees for systemic wage discrimination in November 2023, along with minor environmental fines in Singapore.

A formal whistleblower policy, the 'Speak Up Policy,' was updated in July 2022, offering a 24/7 independent Ethics Hotline with anonymity and a non-retaliation policy, and initial reports are acknowledged within 7 days. The company states there is no restatement of information in previous reports. For audit coverage, 100% of the largest manufacturing sites are covered by RBA audits, but only 49% of 537 facilities at risk have a valid audit. The company holds an AAA MSCI ESG Rating in 2024 and a Platinum medal from EcoVadis. However, the company reportedly ignored gender discrimination complaints for over a decade. The supervisory board comprises nine non-executive members, with 44% women. The company has a zero-tolerance anti-bribery and corruption policy, with an addendum to the Code of Conduct published in 2022. DNV Business Assurance France verified the content and data in the company's report, including three manufacturing sites and four sustainability indicators.

Kind to Animals

STMicroelectronics is a semiconductor company, and the provided articles do not contain specific evidence related to animal welfare, animal testing, animal-derived ingredients, or humane certifications for animal operations. While some articles mention general sustainability efforts, supplier audits for overall sustainability risks

, and R&D investment , none of these are specific to animal welfare or animal-free alternatives as required by the rubric's KPIs. Therefore, no KPIs can be scored based on the provided evidence.

No War, No Weapons

STMicroelectronics produces dual-use components, with two of their components identified in Russian Kh-101 cruise missile debris as of July 2024.

This indicates that their dual-use R&D, even if prioritizing civilian uses, is not effectively preventing military applications. The company states it prohibits sales to sanctioned countries and has tightened compliance requirements and implemented end-user screening measures against Russia and Belarus since February 2022. However, the presence of their components in Russian missiles suggests occasional indirect exports to restricted markets, implying inadequate end-use monitoring. While the company has introduced additional measures to check end users, no specific percentage of exports covered by verifiable end-user certificates is provided. The company states that its software will not be used in the development, production, or use of nuclear, biological, or chemical weapons or missiles, which aligns with ethical red lines banning biological, chemical, and landmine systems. However, there is no direct evidence of zero exposure to controversial weapons, only a declaration for software. For conflict minerals, 100% of declared smelters were RMAP conformant in 2023, and 82% of smelters in ST's supply chain were RMAP compliant in 2023, with 26 smelters removed from the supply chain.

Planet-Friendly Business

In 2023, STMicroelectronics' total Scope 1, 2, and 3 GHG emissions were 2,370,000 tCO₂e.

Scope 1 and 3 emissions increased year-on-year in 2023. The company's near-term targets to reduce Scope 1 and 2 emissions by 50% by 2025 (vs 2018) and source 80% renewable electricity by 2025 are validated by SBTi to a 1.5°C pathway, with published progress showing a 45% reduction in Scope 1 and 2 emissions and 71% renewable electricity by the end of 2023. By the end of 2024, 84% of total electricity was from renewable sources, with a target of 100% by 2027. Water consumption decreased by 10% per unit of production in 2023 compared to 2016, and 42% of water was recycled or reused. In 2023, 5% of water was withdrawn from water-stressed regions. The waste diversion rate was 96% in 2023, with a landfill waste rate of 1.9%. In 2023, 17% of capital expenditure was aligned with the EU Taxonomy. The company can provide the carbon footprint for 98% of products based on a semi-automated LCA methodology. STMicroelectronics aims for carbon neutrality by 2027 for Scope 1 and 2, and partially for Scope 3. The company supports TCFD and conducts climate scenario analysis based on IPCC SSP2-4.5 and SSP5-8.5 scenarios for 155 critical locations. It launched a program to collect carbon footprints from 95 suppliers, representing over 60% of purchasing spend. The company reported paying $SGP6,000 for exceeding chloride discharge limits in wastewater and $SGP200 for a mosquito breeding offense in Singapore in 2023. It conducted more than 700 new chemical risk assessments in 2023. The company is developing a balanced portfolio of carbon offset projects and has an external advisor to identify suitable partners. Capital expenditure related to climate change adaptation solutions is less than 1% of total capital expenditure. Packaging optimization at the Shenzhen site reduced carton waste by 30 tons and wooden waste by 25 tons in 2023. Biodiversity efforts include a new evaluation methodology, assessments at 16 sites, and local projects like forest planting and creek restoration.

Zero Waste & Sustainable Products

STMicroelectronics achieved a 96% waste diversion rate in 2023, with 96% of hazardous waste also reused, recovered, or recycled in the same year.

The company's landfill waste rate was 1.9% in 2023, meeting its annual target of below 3%. Two sites, Shenzhen and Calamba, have achieved UL Zero Waste to Landfill certification, with Calamba also receiving a 'Good Planet Prize' for its WEEE program. All new products undergo an eco-design process. The company has a 2025 target to reuse or recycle 95% of waste, which was met in 2022. There have been no waste disposal violations in the past three years. A regional campaign was launched in 2022 to encourage employee and customer waste reduction and recycling.