Award highlights company’s successful corporate social responsibilities (CSR) practices
PHOENIX – March 2, 2022 – onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, announced that it has been awarded a Platinum medal, the highest-ranking available, in the 2022 EcoVadis sustainability ratings. The company has maintained this outstanding score since 2017 in recognition of its sustainability achievements.
EcoVadis, the world’s largest and most trusted provider of business sustainability ratings, awards the Platinum honor to only the top one percent of 85,000 participating companies in 160 countries across 200 industries. This award puts onsemi in the top 1% of companies assessed by EcoVadis in the manufacture of electronic components and boards industry.
EcoVadis reviews participating companies that cover a broad range of non-financial management systems. The organization evaluates companies’ performances across four categories: environment, labor and human rights, ethics and sustainable procurement. Platinum medal recipients demonstrate exemplary work across each of these four pillars.
“This designation reflects our company’s dedication to sustainability practices and recognizes that we are leading the way in environment, social and governance standards tied to environmental impacts and workforce health,” said Thad Trent, executive vice president and chief financial officer at onsemi.
During the evaluation phase, companies are asked to provide responses and supporting evidence related to topics such as energy and greenhouse gas (GHG) emissions, product use, customer safety, employee health and safety, career management and training, anti-discrimination and harassment, anti-competitive practices and supplier social performance.
The strong commitment of onsemi to corporate social responsibility, as demonstrated through the company’s latest EcoVadis score, is only possible through the steadfast support and dedication of each of its sites, business units and supporting departments.
Learn more about our company’s commitment to sustainability, our community and CSR in our annual sustainability report.