In 2021, onsemi focused on its mission to push innovation to create intelligent power and sensing technologies that solve the most challenging customer problems, while emphasizing its commitment to create a better world for tomorrow. These efforts were recognized as onsemi was awarded eight accolades for 2021 including being listed on the Dow Jones Sustainability Index (
'onsemi is committed to developing strategies and programs to address global climate change,' said
Highlights from the 2021 Sustainability Report include:
Net-Zero Pledge: To further cement the commitment to corporate sustainability, onsemi has pledged to achieve net-zero emissions by 2040, surpassing the Paris Agreement's goal by a full decade. This ambitious strategy will focus on three key areas: capitalizing on efficiencies, investing in renewable energy and negating unavoidable emissions through offsets.
Record Sustainable Revenue: In 2021, onsemi reported
Water and Energy Efficiencies: In 2021, onsemi reduced its energy consumption by 3% and water withdrawal by 5% year over year (YOY). High purity water and reliable energy supply are necessities for semiconductor manufacturing but there is also a need to ensure efficient use of these resources. onsemi frequently identifies efficiency opportunities within its operations and evaluates solutions to reduce water withdrawal and energy use such as recycling water and upgrading tools to be more energy efficient.
Diversity, Equity and Inclusion: onsemi expanded its approach to diversity and inclusion by adding a focus on equity in 2021. The company acknowledges that it is imperative to infuse equity as the integrator for seeking a diverse and inclusive workplace. With renewed emphasis, onsemi is creating access for all employees to have the same opportunities to develop skills consistent with its business objectives and core values. To that end, the company tripled the number of women on the executive staff team while its six employee resource groups continued to grow in numbers and facilitate equity in the workplace by ensuring representation of historically underrepresented communities.
To learn more about onsemi and its CSR initiatives, read the 2021 Sustainability Report
About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world's most complex challenges and leads the way in creating a safer, cleaner, and smarter world.
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