Annual Sustainability Report 2023

Innovating For a
Better Future

Discover onsemi 's 2023 sustainability report.

Our Business

onsemi is dedicated to developing cutting-edge technology and semiconductor products that not only meet the demands of today but also pave the way for a sustainable future. Our commitment to sustainability drives us to innovate solutions that minimize environmental impact and maximize efficiency across industries.

Photo of Hassane El-Khoury, CEO of onsemi

Message from Our CEO

At onsemi , we are driven to impact tomorrow through the actions we take today. Guided by this principle, we take ownership and hold ourselves accountable to our environmental, social and corporate governance objectives. We believe technology plays a critical role in positive change, enabling us to solve our planet’s biggest challenges.

In this 2023 Sustainability Report, we are proud to share the many operational improvements and progress we have made towards the journey in meeting our Net Zero by 2040 goal.

Net Zero Commitment

We are working to create a climate transition plan to meet Net Zero 2040. We’re exploring the use of available levers for reducing emissions across Scope 1 and 2 internally at our facilities, along with pathways for engaging suppliers and other reduction strategies in the value chain for Scope 3 emissions reductions outside onsemi ’s direct control.

We’re determining the appropriate milestone tasks, metrics and key performance indicators to use for our climate transition plan, allowing us to track our progress over time.

Photo of flat screen monitor showing text: onsemi commits to net zero by 2040 text

An onsemi employee stands next to a robot, explaining something to visitors at a conference.

Product Stewardship

onsemi is focused on innovation to create intelligent power and sensing technologies that solve the most challenging customer problems. We have components in medical devices, fitness trackers and smartwatches, autonomous and EVs, charging stations, solar inverters and more.

In 2023, onsemi had over $6,524 million in triple-bottom-line revenue, representing 79 percent of total revenue. Our definition of “triple bottom line” is revenue from products that fall under the intelligent power and sensing umbrella and products that contribute to the triple bottom line – People, Planet, Profit.

Revenue
(Dollars, millions)

2023

2022

2021

Triple Bottom Line Revenue
(Dollars, millions)

2023

2022

2021

BASELINE EMISSIONS

ANNUAL EMISSIONS WITHIN SBT BOUNDARY CONDITIONS

DECARBONIZATION PROGRESS

UNIT

2022

2023

Scope 1

MTCO2e

1,014,836

828,620

Scope 2

MTCO2e

713,547

713,968

Scope 3

MTCO2e

2,150,310

1,569,430

Category 1 (C1): Purchased Good and Services

MTCO2e

1,414,941

1,062,541

Category 2 (C2): Capital Goods

MTCO2e

102,663

92,083

Category 3 (C3): FERA

MTCO2e

222,296

237,688

Category 4 (C4): Upstream Transportation and Distribution

MTCO2e

326,612

101,087

Category 5 (O): Waste Generated in Operations

MTCO2e

46,745

37,707

Category 6 (O): Business Travel

MTCO2e

5,556

9,453

Category 7 (O): Employee Commuting

MTCO2e

17,452

17,416

Category 8 (O): Upstream Leased Assets

MTCO2e

Category 10 (O): Processing of Sold Products

MTCO2e

13,992

11,345

Category 12 (O): End-of-Life Treatment of Sold Products

MTCO2e

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Protecting Our Planet and Environment

onsemi is committed to developing strategies and programs that address global climate change and systems that protects people and minimizes our environmental impact.

An electric car with onsemi graphics driving quickly past a branch in Roznov.

Energy Consumption and Emissions

We are dedicated to reducing our greenhouse gas (GHG) emissions, energy consumption and overall carbon footprint in alignment with our net zero goal.

We have implemented measures to decrease energy use and emissions across its operations, reporting annual enterprise-wide GHG emissions from both manufacturing and non-manufacturing sites. As they are early in their decarbonization efforts, annual energy and emissions reports may fluctuate due to production loads and initiatives. onsemi is developing production-based metrics for better transparency and expects to see progress in energy conservation and decarbonization initiatives over time.

Water and Waste Management

We actively work to prevent any adverse effects on our water systems and strive for transparency with our stakeholders, displaying deliberate stewardship of water as a valuable and limited resource. We understand that conserving water lowers the cost of processing and safeguards the supply of water resources. In 2024, onsemi will explore development and adoption of an enterprise water stewardship initiative.

happy onsemi employees standing in water and holding plants.

A group of people standing close together and talking to each other.

Environmental Health and Safety

onsemi consults with workers and encourages participants to identify hazards and reduce health and safety risks. We are committed to compliance with all legal and other requirements wherever we operate. We set EHS objectives and strive for continuous improvement.

Total Energy Consumption
(MWH)

2023

2022

2021

Energy Intensity
(MWh per $ Million Revenue USD)

2023

2022

2021

Total Scope 1 GHG Emissions
(MTCO ₂ e)

2023

2022

2021

Scope 1 Emissions Intensity
(MTCO ₂ e per $ Million Revenue)

2023

2022

2021

Total Scope 2 Emissions
(MTCO ₂ e)

2023

2022

2021

Scope 2 Emissions Intensity
(MTCO ₂ e per $ Million Revenue)

2023

2022

2021

GHG Protocol Category

Scope 3 Emissions Category

2023

2022

2021

Purchased Goods and Services (PG&S)

1,062,541

1,414,941

Capital Goods

92,083

102,663

Fuel- and Energy-related Activities (FERA)

241,675

203,238

Upstream Transportation and Distribution

101,087

294,171

Waste Generated in Operations

37,707

46,745

Business Travel

9,453

5,556

617

Employee Commuting

17,416

17,452

Upstream Leased Assets

Processing of Sold Products

11,345

13,992

End-of-Life Treatment of Sold Products

Total

1,573,417

2,098,811

617

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Ensuring Social Responsibility

We believe our company's vision, mission, values and culture afford opportunities for everyone to make a difference in building a successful global business and to contribute to the greater good.

Six onsemi employees standing by a sign that says #weareonsemi.

Our Employees

At onsemi , our success is rooted in our people. The values we hold as a company reflect our dedication to advancing diversity, equity and inclusion across our employee population. We place high value on building a culture of trust and inclusivity across the organization. Each individual contributes a unique perspective that allows us to maintain a competitive advantage in our industry.

Our community of employees is located around the world with major facilities in Belgium, Canada, China, Czech Republic, Germany, Ireland, Japan, Malaysia, Philippines, Slovakia, South Korea, Taiwan, Vietnam and the United States.

Diversity, Equity and Inclusion (DEI)

We recognize that we are strongest when drawing on the diverse experiences, knowledge, cultures and backgrounds of all employees around the world. We are proud to celebrate differences, promote equity and maintain an inclusive workplace for our employees.

We consistently strive toward a more diverse, equitable and inclusive workplace, which benefits our organization and allows us to successfully meet the changing needs of our customers, suppliers, employees and shareholders worldwide.

onsemi employees from Slovakia at a running race, standing by an onsemi sign and smiling.

Employee Engagement

We are committed to optimizing the employee experience for team members around the globe, to ultimately provide optimal customer experience. To do this, employee feedback highlights what we are doing well and where we need to focus.

In 2023, we established a dedicated global Employee Experience function to accelerate our ability to anticipate employee needs with a focus on driving employee outcomes. 2023 also saw the addition of a new survey platform and overall sentiment strategy, rooted in industry research and aimed at understanding the unique drivers behind sentiment.

Total Global Workforce (Employees)

2023

2022

2021

Workforce by Region
(Employees & Percentage)

Worldwide Workforce by Gender
(Employees & Percentage)

New Hires by Gender
(Employees & Percentage)

New Hires by Age
(Employees & Percentage)

New Hires by Region
(Employees & Percentage)

DEI Data

DISCLOSURE

UNITS

2023

Women in Leadership and STEM

Women in Executive Role

Number

Percentage

Women in SVP Role (not already included in Executive)¹

Number

Percentage

Women in VP Role (not already included in Executive)

Number

Percentage

Women in Senior Manager Role

Number

175

Percentage

Women in Manager Role

Number

863

Percentage

Women in all management positions in revenue-generation functions

Number

386

Percentage

Women in STEM-related position

Number

957

Percentage

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¹ All female employees at onsemi in the SVP role report to the CEO and are therefore categorized as members of the Executive team.

Impacting Our Community Through Giving

We care about how we work, how we impact the environment and how we give back to the customers and communities we serve. We invest in our communities through our Giving Now program, a corporate philanthropy initiative that reflects our values and vision. We believe that the work and giving we do today will make a difference for tomorrow.

Employees wearing shirts with the slogan 'Giving Now' forming heart shape with their hands.

Give to Donate

At onsemi , we are not only innovators of smart technology and green energy, but also champions of social good. We know our work, our impact and our giving matter to the customers and communities we serve. That is why we enhanced our Giving Now program in 2023.

Give to Educate

In fall 2023, onsemi made a big splash by awarding a whopping $1,360,000 to 41 agencies that share its vision of empowering students in underserved communities – a 70 percent jump from the previous year. Seven of these agencies formed strategic partnerships with onsemi to bring semiconductors to life for middle schoolers.

Two young women trying to create something with their hands.

onsemi employees standing by a pile of food they collected to help others.

Give to Help

We stand with our customers and communities in times of crisis and help them recover and restore their lives. In 2023, we provided local disaster relief support, matching our employees’ donations of over $20,000 to various agencies.

Giving Priority

Committing to a Responsible Business

We are dedicated to engaging our employees, focusing on career development, giving back to our communities, driving diversity, equity and inclusion, and protecting our planet.

Climate Scenario Analysis and Risk Disclosure

Climate-related risks and opportunities have the potential to impact all aspects of our organization. At onsemi , climate-related risks and opportunities are assessed, managed and realized at the highest level of the organization. We place a high priority on mitigation and adaptation strategies for any identified climate-related risks and opportunities. Integration at every level of the company allows us to be well equipped to tackle any challenges that come our way.

Human Rights

Our formalized Human Rights Policy demonstrates our commitment to preserving, protecting and promoting the fundamental rights of others as reflected in the RBA Code of Conduct, Universal Declaration of Human Rights, United Nations (UN) Guiding Principles on Business and Human Rights and UN Global Compact, to which we are a signatory. Our commitment to international human rights standards and local laws is rooted in our core values and reinforced through our Code of Business Conduct and other company policies.

A formally dressed woman sitting by a window, looking into the camera.

Conflict Minerals

As an active member of the Responsible Minerals Initiative, onsemi continually engages in reasonable and responsible due diligence with its key suppliers. We act promptly to review the circumstances and conduct due diligence as soon as we become aware that our supply chain includes non-conformant or high-risk smelters or refiners sourced from Conflict-Affected and High-Risk Areas.

Our Progress

We're proud to share our sustainability strategies and measures and celebrate our achievements.

Previous Reports

Our annual sustainability report is created to transparently communicate our sustainability efforts with our investors, customers, stakeholders and employees, serving as an important tool for disclosing sustainability strategies, measurements, progress and achievements.

Communication on Progress (COP)

Our COP, submitted to the United Nations Global Compact, outlines our alignment with its ten principles, focused on human rights, labor, environment and anti-corruption.

Recognition

In November 2023, onsemi was one of seven semiconductor companies included in the DJSI North America component. Inclusion in this index is based on our excellent sustainability performance within the semiconductor industry on the S&P Global Corporate Sustainability Assessment (CSA), with criteria including corporate governance, customer relations, environmental policy, working conditions and social initiatives.

Annual Sustainability Report

Innovating For a Better Future

Our Business

Message from Our CEO

Net Zero Commitment

Product Stewardship

Financial Performance

Revenue (Dollars, millions)

Triple Bottom Line Revenue (Dollars, millions)

Decarbonization Progress

Protecting Our Planet and Environment

Energy Consumption and Emissions

Water and Waste Management

Environmental Health and Safety

Energy & Emissions Data

Total Energy Consumption (MWH)

Energy Intensity (MWh per $ Million Revenue USD)

Total Scope 1 GHG Emissions (MTCO 2 e)

Scope 1 Emissions Intensity (MTCO 2 e per $ Million Revenue)

Total Scope 2 Emissions (MTCO 2 e)

Scope 2 Emissions Intensity (MTCO 2 e per $ Million Revenue)

Ensuring Social Responsibility

Our Employees

Diversity, Equity and Inclusion (DEI)

Employee Engagement

Employee Data

Total Global Workforce (Employees)

Workforce by Region (Employees & Percentage)

Worldwide Workforce by Gender (Employees & Percentage)

New Hires by Gender (Employees & Percentage)

New Hires by Age (Employees & Percentage)

New Hires by Region (Employees & Percentage)

DEI Data

Impacting Our Community Through Giving

Give to Donate

Give to Educate

Give to Help

2023 Giving, Community Investments and Commercial Initiatives

Giving Priority

Committing to a Responsible Business

Climate Scenario Analysis and Risk Disclosure

Human Rights

Conflict Minerals

Our Progress

Previous Reports

Communication on Progress (COP)

Recognition

Innovating For a
Better Future

Revenue
(Dollars, millions)

Triple Bottom Line Revenue
(Dollars, millions)

Total Energy Consumption
(MWH)

Energy Intensity
(MWh per $ Million Revenue USD)

Total Scope 1 GHG Emissions
(MTCO ₂ e)

Scope 1 Emissions Intensity
(MTCO ₂ e per $ Million Revenue)

Total Scope 2 Emissions
(MTCO ₂ e)

Scope 2 Emissions Intensity
(MTCO ₂ e per $ Million Revenue)

Workforce by Region
(Employees & Percentage)

Worldwide Workforce by Gender
(Employees & Percentage)

New Hires by Gender
(Employees & Percentage)

New Hires by Age
(Employees & Percentage)

New Hires by Region
(Employees & Percentage)