SiTime Corporation.
SITM.US | Manufacture of electronic components and boards
SiTime Corporation is a semiconductor company that designs, develops, and markets silicon timing solutions. Their products include microelectromechanical systems (MEMS) resonators, oscillators, and clock integrated circuits (ICs). These timing solutions are used in a wide range of electronic devices...Show More
Better Health for All
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SiTime Corporation's principal goods and services are MEMS timing solutions, which are components used in various electronic devices, including medical applications such as patient monitors, surgical robotics, and defibrillators.
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While these components are critical for the reliable and precise functioning of medical devices, the articles do not provide evidence that SiTime's products themselves have a direct positive or negative health impact, thus their effect on health outcomes is neutral.
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The company's ESG report mentions 'Total Recordable Incidents' for its US offices (2 in 2021, 0 in 2022), but this pertains to workplace safety and not user harm from products.
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There is no evidence regarding product recalls, adverse events, or other forms of user harm.
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Fair Money & Economic Opportunity
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No evidence available to assess SiTime Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess SiTime Corporation on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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SiTime requires its suppliers to adhere to a Supplier Code of Business Conduct and Ethics, which is reviewed and updated as needed.
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This code mandates alignment with the Responsible Business Alliance (RBA) Code of Conduct for suppliers providing raw materials, product components, or manufacturing services.
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The code covers labor and human rights, health and safety, environmental protection, ethical business practices, conflict mineral use avoidance, management systems, and compliance with applicable laws and regulations.
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The company also has a Global Human Rights Policy and prohibits forced labor, child labor, and human trafficking.
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While the scope of these clauses is broad and applies to key suppliers, a specific percentage of all supplier contracts covered by enforceable ethical-sourcing clauses is not provided.
Honest & Fair Business
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No evidence available to assess SiTime Corporation on Honest & Fair Business.
Kind to Animals
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SiTime Corporation has a policy of no animal testing.
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The company's operations do not involve animal testing, and therefore, no live animals are used in any testing protocols.
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No War, No Weapons
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SiTime's products are used in both aerospace and defense, as well as a wide range of civilian applications such as AI, datacenters, automotive, industrial, consumer, and IoT products, indicating an emphasis on civilian applications with military use being incidental.
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The company notes that stringent export controls and dual-use technology restrictions are market entry barriers, and it has a Global Human Rights Policy.
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SiTime conducts due diligence on suppliers each year regarding conflict minerals, strives to eliminate their use, and requests suppliers to use sources verified compliant by the Conflict-Free Sourcing Initiative (CFSI) or equivalent, following the OECD framework.
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However, no specific percentage of the supply chain certified conflict-free is provided.
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The company also mentions that stringent export controls are a regulatory complexity, but there is no specific data on sales to embargoed regimes.
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Planet-Friendly Business
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In FY2024, SiTime sourced 22.38% of its operational energy from renewables, with 820 MWh from renewable sources and 2,844 MWh from non-renewable sources.
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The company's water use per revenue in FY2024 was 6,486 m³ per $1M revenue, calculated from 3,892 m³ total water use and $600M revenue.
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The waste diversion rate for non-hazardous waste in FY2024 was 26.9%, with 32.7 MT recycled and 28.5 MT composted out of a total of 220.8 MT (156.6 MT to landfill).
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SiTime requires its suppliers to align with its Supplier Code of Business Conduct and Ethics and the Responsible Business Alliance (RBA) Code of Conduct, and in 2025, it is expanding supplier requirements to include additional sustainability parameters.
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The company uses recycled water for native landscaping at its Silicon Valley headquarters, which is in a drought-impacted region.
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SiTime reported zero monetary losses from legal proceedings related to employee health and safety violations as of December 31, 2024, and no high-consequence work-related injuries or fatalities in 2024.
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Furthermore, none of SiTime's water withdrawals in 2021 or 2022 were from high water-stressed areas.
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Respect for Cultures & Communities
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No evidence available to assess SiTime Corporation on Respect for Cultures & Communities.
Safe & Smart Tech
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SiTime conducts annual cybersecurity awareness training for employees at all levels and in all departments.
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The company uses encrypted versions of passwords and stores personal information on secure servers.
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It implements regular network and endpoint monitoring, vulnerability assessments, and penetration testing as part of its cybersecurity risk management program.
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SiTime states it does not process personal data for profiling that produces legal or similarly significant effects concerning consumers.
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The company collects personal information only as necessary and retains it no longer than required for processing, with retention periods of 1-2 years for most data. SiTime complies with GDPR, UK GDPR, CCPA, and other applicable privacy laws.
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However, users are responsible for keeping their passwords and online access keys secure, and the company's terms of use state that customers are responsible for preventing unauthorized account access.
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SiTime contractually requires third-party processors to use reasonable measures to protect personal information, but only 35-50% of products are assessed for privacy impacts.
Zero Waste & Sustainable Products
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No quantitative data is available in the provided articles for any of the KPIs related to Zero Waste & Sustainable Products. The company's 2021 and 2022 ESG report explicitly notes data gaps for waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, and customer waste education.
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