STMicroelectronics Publishes 2024 Sustainability Report

STMicroelectronics Publishes 2024 Sustainability Report

• On track to become carbon neutral on scope 1 and 2, and partially scope 3, by 2027 with global sourcing of electricity from renewable energy growing to 71% in 2023, from 62% in 2022
• 87% of employees would recommend ST as a great place to work
• 12.2% of net revenues (US$2.1 billion) invested in R&D to support innovation

www.globenewswire.com/, Apr. 16, 2024 – 

Geneva, Switzerland, April 16, 2024 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today releases its annual sustainability report, which provides insight into its 2023 performance related to priority environmental, social and governance (ESG) factors that support long-term value creation for all its stakeholders and sustainable growth for its business.

"Sustainability is at the heart of our value proposition, driving benefits for our company, customers, and society. We're proud of our progress on innovation, resilience, employee engagement and the advancement towards our ambitious goal of becoming carbon neutral on scope 1 and 2, and partially on scope 3, by 2027," said Jean-Marc Chery, President and CEO, STMicroelectronics. "Together with our partners and empowered employees, we're accelerating sustainable transformation in technology and beyond."

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