Hsinchu,
Inclusion in the indices is determined by the annual S&P Global Corporate Sustainability Assessment (CSA), which scores companies based on long-term economic, environmental, and social criteria. The World Index, DJSI's main global index, represents the top 10% of the 2,500 largest companies in the S&P Global Broad Market Index, while the Emerging Markets Index selects its components from 800 companies across 20 emerging markets.
UMC's Co-President SC Chien said: "As a leading IC manufacturer, UMC recognizes that we have an important role to play in driving sustainable development within our industry and beyond. Driven by the belief that sustainability and a company's long-term success go hand in hand, UMC has developed a sustainability blueprint to converge the Company's business strategy and ESG goals. We are thrilled to deliver another strong performance in the DJSI ranking, demonstrating our commitment to unleash the power of technology for a better, more sustainable future."
Based on this year's CSA results, as of
Sustainability in action at UMC:
*First semiconductor foundry globally to commit to net zero emissions and to obtain validation of climate targets by the Science Based Targets Initiative
*Achieved significant progress in the "Green 2025" initiative, which aims for 15% reduction in water and electricity consumption, and 25% waste reduction from 2015 levels
*Comprehensive training programs and diversified employee benefits to attract and retain talent
*Longtime sponsor of youth empowerment programs through the
*ESG added to performance metrics for executive compensation, aligning management's interests with sustainability goals
*Ongoing efforts to increase diversity of the board of directors, which currently has the highest proportion of female directors in the foundry industry
*Robust system in place for intellectual property protection
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC's comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI and BCD etc. Most of UMC's 12-in & 8-in fabs with its core R&D are located in
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward-looking within the meaning of the
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