Company continues to encourage ethical, sustainable and responsible business practices.
PHOENIX, Ariz., Oct. 8, 2019/3BL Media/ – ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, has been included in the Dow Jones Sustainability Index (DJSI) North America, recognizing companies with sustainable business practices. This is the second time the company has been included in the index.
Renewable energy accounts for a third of global power capacity. By the end of 2018, the total renewable energy generation capacity reached 2,351 Gigawatts (GW). This includes hydropower (1,172 GW), wind energy (564 GW), solar energy (480 GW), bioenergy (121 GW), geothermal energy (13 GW) and marine energy (500 MW). Additionally, solar energy increased by 24% (94 GW) from 2017. Asia leads in global solar growth with China, India, Japan and the Republic of Korea contributing the most.
ON Semiconductor was awarded the Award of Distinction by Arizona Forward, an organization devoted to sustainability progress for Arizona, for their outstanding contributions towards sustainability.
Arizona Forward celebrated its 50th anniversary with the community during an awards gala on Saturday 21st, which drew over 650 social influencers and innovators representing public and social interests.
At ON Semiconductor, we place a high importance on sustainability and doing our part to take care of the planet which is why we celebrated global Clean Up the World day this past weekend (September 20-22, 2019)! Clean Up the World was established in 1993 and is one of the largest community-based environmental programs in the world. Their vision is to inspire a billion people across all continents to tread lightly, clean up and conserve the planet.
Industry and academic partnerships are critical to strengthening innovation, talent and economic development in the Phoenix metro area. Arizona State University, the nation’s leading university for innovation, and ON Semiconductor, the Phoenix-based global semiconductor supplier, recognize the need for a skilled and talented workforce, and have partnered to ensure the pipeline of engineering and business professionals and technological development remains strong.
Part of the community impact work that ON Semiconductor supports is through its Global Corporate Giving (GCG) Program, which strategically leverages our resources, talent and efforts to support nonprofits and educational institutions.
Each year, we fund projects and programs in order to create social value and maximize our impact on communities through workplace giving and community grants. In 2018, we invested over $2 million USD to support of communities worldwide.
This month, our blog stories will focus on our commitment to corporate social responsibility and how we give back to local communities we serve by awarding quarterly grants to non-profits and schools as well as doubling the impact of employee donations by matching contributions. We also encourage employees to volunteer at organizations of their liking on company time and also regularly organize volunteer activities for them.