PHOENIX – Dec. 13, 2022 – onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced it has been included in the Dow Jones Sustainability Index (DJSI) North America for the fifth consecutive year. The index is comprised of North American companies recognized for their sustainable business practices. onsemi is one of six global semiconductor companies included this year.
Created jointly by S&P® Dow Jones Indices and RobecoSAM the DJSI combines the experience of an established index provider with the expertise of a specialist in sustainable investing to select the most sustainable companies from 61 industries. The DJSI North America is comprised of North American sustainability leaders identified by S&P Global through the Corporate Sustainability Assessment. This rigorous assessment considers approximately 1,000 different data points from over 130 questions covering the gambit of environmental, social and governance (ESG) topics including greenhouse gas emissions, cybersecurity, human rights assessment and net-zero commitments, to name a few. onsemi ranked in the 94th percentile for total score in the semiconductor and semiconductor equipment industry.
“The inclusion in the Dow Jones Sustainability Index North America affirms our commitment to deliver on the promise of a sustainable future,” said Thad Trent, executive vice president and chief financial officer, onsemi. “It recognizes the dedication and passion of every onsemi employee to reduce our greenhouse gas emissions; drive diversity, equity and inclusion in our operations; ensure we have stringent governance policies in place; advance our portfolio of sustainable products; and integrate ESG and sustainability into our strategies as a company.”
onsemi’s commitment to environmentally sustainable operations and ethical business practices is highlighted by the honors it has been receiving. A full member of the Responsible Business Alliance, onsemi has been recognized as one of the World’s Most Ethical Companies® seven years in a row as well as being named Barron’s 100 “Most Sustainable Companies” for five consecutive years. This year, onsemi also received the highest-level recognition, platinum, from EcoVadis®, a leading platform for environmental, social and ethics performance ratings for global supply chains. The company was also awarded Most Sustainable Company in the semiconductor industry for 2022 by World Finance.