Stakeholder engagement
Proactive engagement with both internal and external stakeholders is essential to us. By maintaining regular and open communication, we can measure our impacts to evolve in line with expectations and create long-term value.
Our diverse range of stakeholders includes employees, customers, suppliers, investors, and industry associations. To help us work towards common goals, we collaborate through a broad range of channels, across all levels of the Company. These vary across our sites according to the size and activity of the location, as well as cultural and language differences, where appropriate.
Stakeholders |
Key expectations |
How we engage |
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EMPLOYEES |
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CUSTOMERS |
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INVESTORS & ANALYSTS |
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SUPPLIERS |
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LOCAL PARTNERS AND COMMUNITY |
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NATIONAL AND LOCAL AUTHORITIES |
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ACADEMIC INSTITUTIONS AND LABORATORIES |
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INDUSTRY ASSOCIATIONS |
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MEDIA |
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We organize numerous events and activities throughout the year, both formal and informal. In May 2022, we hosted our annual Capital Markets Day for our financial stakeholders, where we could share details about our latest developments, including market trends, growth opportunities, and sustainability strategy.
In June 2022, our Catania site (Italy) celebrated its 60th anniversary with stakeholders and the city at large. The all-day event took place in the Piazza Università and was an opportunity to raise awareness about our activities and the pillars of our sustainability strategy.
Visitors could explore different stands, including a virtual tour of the wafer fab and a selection of 50 customer products across all technology domains. Many ST programs were showcased, such as carbon neutrality; diversity, equity and inclusion; STEM your way; and the activities of the ST Foundation. The event was attended by our President and CEO, Jean Marc Chery, external authorities, partners, and the wider community, providing an opportunity for everyone to share in the celebrations around this significant milestone.
We value the different perspectives of our team members and encourage open dialog and honest feedback. To ensure our employees feel informed and part of our community, we regularly share news and updates throughout the Company. Our President and CEO provides official updates through CEO calls and videos, while localized news and events are published on our intranet and via social media channels.
During the verification process for this report, external auditors interviewed three key stakeholders (a non-profit organization, a partner, and a supplier), to gain valuable insights into their views of ST. This helps us maintain a balanced perspective, assess the effectiveness of our actions, and consider the views of our stakeholders going forward.
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