Our long-term ambitions and goals

Our long-term ambitions and goals

Ambition

Goal

Status end 2020

Putting people first

Health and Safety

Be a safe workplace with zero injuries, zero occupational diseases and ensure healthy lives and well-being for all.

<0.15%
recordable cases (work-related injuries and illnesses) for employees and contractors by 2025.

0.15% recordable cases for employees.
RC rate for contractors will be available in 2021.

Labor and Human Rights

Be recognized as a leader in labor and human rights and apply a zero tolerance approach to forced labor.

100%
of ST manufacturing sites recognized in social responsibility by international external bodies by 2025.

18%
2/11 sites with RBA Platinum recognition.

Talent Attraction and Engagement

Offer the best employee experience in all the locations where we operate.

Employee engagement rate
+10 points above country norms by 2025.

10/13 countries.

Diversity and Inclusion

Achieve full gender equality and be a leader in cultural and disability inclusion.

>20%
of women in all management levels by 2025.

Experienced 19%
Senior 13%
Executive 10%

Augmenting everybody’s life

Innovation and Profits

Sustain profitable growth, with clear and focused leadership objectives in the four end markets we address.

>20%
of revenues generated by new product lines by 2025.

15.4%

Quality

Lead our market in terms of product quality, with no severe quality incidents, while meeting the most stringent customer expectations.

-75%
severe quality incidents by 2025.
(2016 baseline)

-89%

Sustainable Technology

Design and manufacture products that have the greatest positive impact on the planet and society.

x3
% revenues generated by responsible products vs 2016 by 2025.

x1.8
18.5% revenues generated by responsible products.

Protecting the environment

Climate Change

Reduce our impact on climate change.

Be compliant with the 1.5°C scenario by 2025, and carbon neutral by 2027.
100%
renewable energy by 2027.

Carbon Neutrality program.

Energy

Continuously decrease our carbon footprint by improving energy efficiency.

-20%
energy consumption vs 2016 by 2025.
(normalized values)

-1.5%

Water

Maintain our leadership in water efficiency by reducing consumption, recycling more, and reinforcing our efforts in water scarcity areas.

-20%
water consumption vs 2016 by 2025.
(normalized values)

+6%

Waste and Chemicals

Strive for zero waste in landfill, reduce our consumption of chemicals and eliminate hazardous materials.

95%
of our waste reused and recycled by 2025.

88%

Acting together

Responsible Supply Chain

Systematically assess and mitigate social, environmental, health & safety, and ethical risks in our extended supply chain.

100%
suppliers at risk audited by 2025.

17%
133/800 suppliers audited.

Community and Education

Prepare the future by supporting education in schools in all the countries where we operate.

STEM* education partnerships in 20 countries by 2025.
* Science, Technology, Engineering, Mathematics.

7/20 countries.