STMicroelectronics
| Industry:IT | ISIN:NL0000226223 | Country:NL | CRR:B |
Company Profile:
STMicroelectronics produces and supplies a large range of integrated semiconductor circuits and discrete semiconductor components. The company’s products are used in the fields of computing, telecommunications, consumer goods and industry as well as in the automotive sector.
Strengths/weaknesses profile:
Strengths:
- steady reduction of industrial accident rate
- pioneer in the labelling and highlighting of particularly energy-saving semiconductor products in advertising and product information sheets
- extensive environmental guidelines for transport packaging with regard to recyclability, reusability and avoiding the use of environmentally hazardous substances
Weaknesses:
- lack of transparency in relation to the company’s strategy for minimizing the environmental impact of freight transportation and travel
Reasons for inclusion in the Index:
The company has a comprehensive programme for tackling the digital divide, sponsoring IT educational facilities in Morocco, India, Malaysia, Nepal and Tunisia, amongst other countries, and collaborating here with the UN’s ICT Task Force.