Our sustainability goals

Our sustainability goals

Sustainability goals (SG)

Progress

Status end of 2023

We create technology for a sustainable world

SG1

Generate at least 20% of our revenues from new product lines by 2025.

In progress (50%)

10.2%

SG2

Generate at least 33% of our revenues from our Sustainable Technology’s most advanced responsible products by 2027.

In progress (70.3%)

23.2%

We prioritize people

SG3

Reach a Total Recordable Case Rate of 0.15% or less by 2025 (work‑related injuries and illnesses, including contractors).

Target achieved

0.14%

SG4

Maintain our Severity Rate at 2% or less each year (work-related injuries and illnesses, including contractors).

No progress/not achieved

2.80%

SG5

Get 100% of ST’s largest manufacturing sites recognized for social responsibility by external international bodies by 2025.

In progress (91%)

91%

SG6

Engage employees in deploying STEM partnerships in 20 countries by 2025.

In progress (90%)

18 out of 20 countries

SG7

Recruit at least 30% women in all exempt positions every year.

No progress/not achieved

29%

SG8

Reach at least 20% women in every management level by 2025.

In progress (90%)

27% (junior managers)
21% (experienced managers)
16% (directors and senior managers)
14% (executives)

We protect the planet

SG9

Be carbon neutral by 2027 in all direct and indirect emissions from scope 1 and 2, and focusing on product transportation, business travel and employee commuting emissions for scope 3.

In progress (42%)

906KT net CO2 eq emissions

SG10

Adopt 100% renewable energy sources by 2027 through energy procurement and green energy installations.

In progress (71%)

71% of total electricity
(65% of total energy)

SG11

Implement programs to reduce energy consumption by at least 150GWh per year by 2027.

In progress (93%)

27GWh saved in 2023
139GWh saved since 2018

SG12

Reduce energy consumption per wafer by 20% in 2025 vs 2016.

In progress (85%)

-17%

SG13

Improve our water efficiency by 20% by 2025 vs 2016.

In progress (50%)

-10%

SG14

Recycle at least 50% of the water used each year.

No progress/not achieved

42%

SG15

Ensure an annual landfill waste rate below 3%.

Target achieved

1.9%

SG16

Reuse or recycle 95% of our waste by 2025.

Target achieved

96%

We generate long-term value for all stakeholders

SG17

Ensure every year that 100% of our employees have access to and are aware of our Ethics Hotline.

Target achieved

100% have access
For awareness actions see Ethics and compliance

SG18

Ensure every year that 100% of exempt employees sign an agreement to comply with our Code of Conduct and related procedures.

In progress (99%)

99%

SG19

Follow highest standards for 100% of the materials we use: Hazardous Substances Process Management (IECQ080000) and responsible sourcing initiatives, such as RMI.

In progress (97%)

HSPM: 97%
RMI: 100%

SG20

Conduct an annual risk assessment of our supply chain and audit 100% of our high-risk suppliers by 2025.

In progress (49%)

Risk assessment conducted
Audit: 49% with valid audit (2 year cycle - 263 out of 537 facilities at risk)

SG21

Further reduce defects by 20% per production unit by 2027 (vs 2020).

+10%

SG22

Achieve an employee engagement rate of at least 10 percentage points above local norms in all major countries by 2025.

In progress (15%)

2 out of 13 countries

SG23

Annually report our progress on all our long-term goals, following the most advanced standards.

Target achieved

Sustainability reporting according to GRI, SASB, TCFD, UNGC, SDG

SG24

Maintain certification for 100% of manufacturing sites (ISO 14001, ISO 45001, ISO 14064, ISO 50001).

In progress (89%)

89% certified