ON Semiconductor Affirms Dedication as a United Nations International Compact Signatory
Northampton, MA –Information Direct– ON Semiconductor
On April 22, ON Semiconductor marked two years as a Signatory to the United Nations (UN) International Compact. As a UN International Compact Signatory, ON Semiconductor participates alongside different international corporations to make a distinction within the communities the place it operates. The corporate not too long ago printed its 2021 Communication on Progress (COP) report, reaffirming ON Semiconductor’s dedication to the UN International Compact.
The members developed a standard imaginative and prescient of a sustainable world outlined in a decision, which started with a “widespread imaginative and prescient”:
We, the Heads of State and Authorities, and high-level representatives, having met at Rio de Janeiro, Brazil, from 20 to 22 June 2012, with the complete participation of civil society, renew our dedication to sustainable improvement and to making sure the promotion of an economically, socially and environmentally sustainable future for our planet and for current and future generations.
With this doc, the Sustainable Growth Targets (SDGs), as we all know them right this moment, had been established. The 17 Targets that we’re conversant in had been formally rolled out in 2015.
Though ON Semiconductor believes that the entire SDGs are very important, the corporate determined to prioritize 5 targets which can be essentially the most related to its sustainability technique to make the most important international influence. When ON Semiconductor signed the UN International Compact in 2019, its government employees agreed to decide to the next 5 SDGs: SDG 6: Clear Water and Sanitation, SDG 8: Respectable Work and Financial Development, SDG 10: Decreased Inequalities, SDG 12: Accountable Consumption and Manufacturing and SDG 13: Local weather Motion. In 2020, the corporate baselined every goal to trace enchancment and achievement of targets over time.
SDG 6 and SDG 12: ON Semiconductor’s environmental targets which goal Clear Water and Accountable Consumption and Manufacturing are key to its long-term local weather technique. Our earlier environmental targets expired in 2020. We’re within the course of of building new environmental targets.
SDG 8: Respectable Work and Financial Development align with the corporate’s dedication to the Accountable Enterprise Alliance (RBA) Code and outcomes are demonstrated by way of its RBA audit efficiency.
SDG 10: Decreased Inequalities are mirrored inthe firm’s Human Sources group’s reporting on variety illustration at numerous ranges within the firm. ON Semiconductor’s dedication to Human Proper is printed in its formal Human Rights Coverage.
SDG 12: Accountable Consumption and Manufacturing the corporate’s Reclamation Heart processes tons of scrap materials and treasured metals yearly. Most of which is repurposed for different makes use of (e.g., round financial system) and its annual Company Social Accountability (CSR) report is in its eighth 12 months of reporting.
SDG 13: Local weather Motion – the corporate’s Local weather Change Coverage was accredited in 2020 and consists of educating its staff on local weather/sustainability, making certain sustainable manufacturing, producing sustainable merchandise and difficult its staff to behave sustainably whereas at work and of their private lives. Moreover, the corporate is updating its long-term environmental technique on local weather.
Specifics concerning ON Semiconductor’s alignment to those 5 precedence targets are detailed within the United Nations Sustainable Growth Targets doc.
ON Semiconductor’s CEO, Hassane El-Khoury, despatched a signed assertion to the UN Secretary Normal on April 27, 2021. Within the assertion, El-Khoury expressed ON Semiconductor’s continued help for the UN International Compact and renewed the corporate’s ongoing dedication to the initiative and its Ten Ideas.
ON Semiconductor is happy with the work it does to help the UN International Compact. Please go to ON Semiconductor’s Social Accountability Net web page to be taught extra in regards to the firm’s dedication to the Sustainable Growth Targets and the UN International Compact.
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