ST Microelectronics' sustainability report lacks substance

The global semiconductor maker's latest sustainability report lacks credibility due to shortcomings in its strategy to address challenges such as carbon emissions

ST Microelectronics's latest sustainability report reveals missed targets, a lack of adequate performance data and superficial explanations of its plans.

ST is one of the world’s largest makers of semiconductors used in a wide variety of electronic applications. In 2012, the Geneva-based company employed 48,000 people and had revenues of $8.49bn.

The company has reported on its environmental performance since 1997. Its 2012 report is rated as A+ under the Global Reporting Initiative's G3 guidelines, meaning it has been externally assured to the most comprehensive coverage level. The GRI does not rate actual sustainability performance.

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