ON Semiconductor Recognized for Environmental, Social and Corporate Governance (ESG) Progress

Sep 18, 2020 3:40 PM ET
Blog

At ON Semiconductor, we are committed to engineering a better tomorrow through the actions we take every day. Corporate Social Responsibility (CSR) is deeply rooted in our core values of respect, integrity and initiative. Our CSR efforts focus on continually improving how we operate, whether it be related to our business, our governance and ethics, our people, our environment and/or our communities. We are proud to be recognized for our Environmental, Social and Corporate Governance (ESG) efforts and progress by some of the most prestigious organizations and rating agencies within our industry and beyond.

DJSI North America Sustainability Index – 2 Consecutive Years

In 2019, we were one of four semiconductor companies included in the North America component.

World’s Most Ethical Companies – 5 Consecutive Years

In 2019, we were one of four semiconductor companies included in the electronics and semiconductor industry.

EcoVadis Gold Level Recognition

In 2019, we scored 85/100 from EcoVadis, a leading platform for environmental, social and ethics performance ratings for global supply chains. Overall, we scored in the top 1% of companies assessed by EcoVadis in the “Manufacture of electronic components and boards industry.”

MSCI ESG Ratings

In November 2019, ON Semiconductor moved from the ESG Rating of BBB to A. This change in our rating is in large part due to our practices surrounding Controversial Sourcing. Currently, we are one of the Top 5 Industry Leaders. 

ON Semiconductor Holds the Prime Rating for CSR with ISS-oekom

In 2019, we were recognized as “Prime” by ISS-oekom, one of the world’s leading rating agencies for sustainable investments. Companies receive grades from A+ (best) to D-; we obtained a C+ and rated as a prime company. With that result, we ranked in the top 25% of the 49 companies in the semiconductor industry.

ON Semiconductor’s Sustainalytics ESG Risk Rating Score is 25.3

As of February 2020, ON Semiconductor received an overall ESG risk rating score of 25.3/100 points (the lower the score, the better) and is considered by Sustainalytics, a global ESG research and ratings firm, to be at medium risk of experiencing material financial impacts from ESG factors.

Platinum RBA VAP Recognition Award for Receiving a Perfect Score of 200 for Initial Recipient Sites

ISMF, Seremban, Malaysia; South Portland, Maine; Mountain Top, Pennsylvania; OSV, Bien Hoa, Vietnam; Carmona, Philippines, Suzhou, China; Oudenaarde, Belgium. 

World Finance: Most Sustainable Company – First Year

ON Semiconductor was awarded the Most Sustainable Company in 2020 in the Semiconductor Industry.

Learn more about our ESG goals and progress in our 2019 CSR Report.