Discover onsemi 's 2023 sustainability report.
Full Report Executive Summaryonsemi 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.
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.
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.
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.
BASELINE EMISSIONS
ANNUAL EMISSIONS WITHIN SBT BOUNDARY CONDITIONS
DECARBONIZATION PROGRESS
UNIT
2022
2023
Scope 1
MTCO2e
1,014,836
828,620
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Scope 2
MTCO2e
713,547
713,968
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Scope 3
MTCO2e
2,150,310
1,569,430
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Category 1 (C1): Purchased Good and Services
MTCO2e
1,414,941
1,062,541
More Details
Category 2 (C2): Capital Goods
MTCO2e
102,663
92,083
More Details
Category 3 (C3): FERA
MTCO2e
222,296
237,688
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Category 4 (C4): Upstream Transportation and Distribution
MTCO2e
326,612
101,087
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Category 5 (O): Waste Generated in Operations
MTCO2e
46,745
37,707
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Category 6 (O): Business Travel
MTCO2e
5,556
9,453
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Category 7 (O): Employee Commuting
MTCO2e
17,452
17,416
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Category 8 (O): Upstream Leased Assets
MTCO2e
9
42
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Category 10 (O): Processing of Sold Products
MTCO2e
13,992
11,345
More Details
Category 12 (O): End-of-Life Treatment of Sold Products
MTCO2e
44
68
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onsemi is committed to developing strategies and programs that address global climate change and systems that protects people and minimizes our environmental impact.
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.
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.
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.
GHG Protocol Category
Scope 3 Emissions Category
2023
2022
2021
1
Purchased Goods and Services (PG&S)
1,062,541
NR
More Details
2
Capital Goods
92,083
102,663
NR
More Details
3
Fuel- and Energy-related Activities (FERA)
241,675
203,238
NR
More Details
4
Upstream Transportation and Distribution
101,087
294,171
NR
More Details
5
Waste Generated in Operations
37,707
46,745
NR
More Details
6
Business Travel
9,453
5,556
617
More Details
7
Employee Commuting
17,416
17,452
NR
More Details
8
Upstream Leased Assets
42
9
NR
More Details
10
Processing of Sold Products
11,345
13,992
NR
More Details
12
End-of-Life Treatment of Sold Products
68
44
NR
More Details
Total
1,573,417
2,098,811
617
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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.
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.
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.
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.
DISCLOSURE
UNITS
2023
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Women in Leadership and STEM
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Women in Executive Role
Number
3
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Percentage
30
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Women in SVP Role (not already included in Executive)¹
Number
1
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Percentage
10
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Women in VP Role (not already included in Executive)
Number
14
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Percentage
23
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Women in Senior Manager Role
Number
175
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Percentage
15
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Women in Manager Role
Number
863
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Percentage
22
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Women in all management positions in revenue-generation functions
Number
386
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Percentage
22
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Women in STEM-related position
Number
957
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Percentage
17
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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.
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.
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.
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.
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.
Category
Amount
Percentage of Total
Charitable donations 1,4
$723,000
37%
More Details
Community investments 2, 4
$1,497,000
56%
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Commercial initiatives 3, 4
$466,000
17%
More Details
Totals
$2.686 Million
100%
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Category
Give to Donate
Give to Educate
Give to Help
Charitable donations 1, 4
$723,000
$0
$0
More Details
Community investments 2, 4
$0
$1,360,000
$137,000
More Details
Commercial initiatives 3, 4
Not Applicable
Not Applicable
Not Applicable
More Details
Totals
$2.2 Million - tied to Giving Now program initiatives
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1 Charitable donations“ refers to one-off or occasional support to good causes in response to the needs and appeals of charitable and community organizations, requests from employees, etc., and includes matching employee donations.
2 Community investments“ refers to long-term involvement and partnership with community organizations to address social issues, including through grants.
3 Commercial initiatives” refers to business-related activities in the community that promote the company and its brand, in partnership with charities and community-based organizations, such as support for universities as well as research and development.
4 Adapted from guidance tied to the London Benchmarking Group model for documenting types of philanthropic activities at companies.
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-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.
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.
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.
We're proud to share our sustainability strategies and measures and celebrate our achievements.
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.
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.
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.
