Risks and opportunities | Results | Awards | Governance | Policies and principles | Training and awareness | Performance monitoring
With operations in 35 countries across the globe, TI has the opportunity to advance the economic, educational and social development of multiple communities, bringing new jobs, innovations and much-needed support to far corners of the world.
We engage universities, research consortiums, government leaders, city officials, school districts, nonprofits and others to gain a greater understanding of our neighbors' needs. This helps us determine how our company and employees can make the most difference and how we can best:
- Give our time and money to educate new generations who will develop future technological advancements.
- Bring help and hope to people in need.
- Create technologies that enhance everyone's quality of life.
- Enable and encourage our employees and neighbors to create communities that are safer, healthier, greener and more fun.
Risks and opportunities
As the world's population continues to grow, we face constrained natural resources, inadequate access to education and health care and unstable economies that hinder growth and modernization. We are working to address these key challenges in several ways:
We go to great lengths to conserve natural resources and reduce our operational impact on the environmental health of communities where we operate. We invest in projects, reduce waste, monitor impacts, and set annual and long-term sustainability goals to help us protect the planet.
TI believes that education is fundamental to the growth of individuals, companies and global economies. To enhance the quality of the future workforce and thus continued innovation and global competitiveness, TI supports science, technology, engineering and math (STEM) education and access to education for everyone.
In the U.S., TI invests in programs designed to increase student interest in STEM to encourage their pursuit of technology-related degrees and careers, as there are currently more jobs open in STEM fields than there are qualified people to fill them.
Outside the U.S., we invest in education initiatives that help students access quality education so they can innovate and further advance economic growth.
TI's advanced analog semiconductors and embedded processors power nearly every type of electronic device, which is providing benefits to communities across the globe. For example:
- World energy consumption is expected to jump 56 percent from 2010 to 2040, which calls for a more efficient and reliable power infrastructure. Our technologies improve efficiencies in power-hungry devices and infrastructure systems to reduce the planet’s energy footprint and provide a cleaner, greener future for generations to come.
- More than 75 percent of health care dollars are spent treating chronic diseases in the U.S. alone. Using advanced semiconductor technologies in medical tools can cut costs, improve diagnostic accuracy, and shorten surgical and recovery times. These technologies also expand the reach of modern medical technology from the hospital to the home, and to rural and underdeveloped areas of the world.
- An estimated 1.2 million people die each year in auto accidents worldwide; another 50 million are injured. Vehicle manufacturers are increasingly using TI technology to implement safety-critical applications.
Our global communities all experience various degrees of challenges related to poverty, food, health care and education. To provide the broadest support, we partner with proven, outcomes-based health and human service agencies, such as the United Way in the U.S. Our employees also generously contribute their time, talents and money to causes that touch their hearts.
Arts and cultural organizations depend heavily on external funding to enrich our lives. Along with our education investments, TI grants monies to Dallas-area organizations (near company headquarters) to support these programs as well.
We will continue to broaden our impact, expand and strengthen our community involvement programs, and make it more convenient for employees to participate in community improvement projects.
TI's goal is to make our communities a better place to live, work and play. We made progress against this goal in 2013 by:
- Providing jobs for more than 32,000 people across the globe, paying wages and taxes that stimulate local economies.
- Granting $28 million through TI and its philanthropic arms to support health and human service agencies, STEM and other education programs, arts and cultural organizations, disaster relief, and charities. Employees generously gave more than $5.7 million to many worthy causes.
- Sponsoring university research and development, analog design contests and portable electronic engineering labs for students using TI's MSP430™ LaunchPads.
- Promoting TI as an employer of choice to students at the high school and university level.
- Strengthening STEM learning by:
- Collaborating with thought leaders.
- Providing educators with resources and professional development opportunities to strengthen their ability to teach STEM subjects.
- Enhancing student interest through hands-on opportunities.
- Forging university partnerships.
- Enabling employees to contribute 61,000 hours of their time, valued at almost $1.4 million, to community organizations.
- Worked with top universities in China to enhance engineering curriculum and to provide students with more hands-on experience and training to increase their ability to innovate with TI products.
- Conducting a formal third-party assessment to help TI identify issues of importance to stakeholders and focus resources where they are needed most.
- Continuing to reduce environmental impacts at sites worldwide. We did this in part by implementing 112 energy-efficiency projects and 19 water-saving projects that saved $10.2 million in utility expenses, conserved 248 million gallons of water, and prevented 34,000 metric tons of carbon dioxide from entering the atmosphere.
- Unveiling new automotive safety, health and medical, and energy-efficient technologies.
TI continued to be recognized during the year as a responsible corporate citizen. Our president, chairman and CEO Rich Templeton was named among STEMconnector's "100 CEO Leaders in STEM." Additionally, TI was named:
- Among the top "10 Best Corporate Citizens," in the information technology sector by Corporate Responsibility Magazine.
- One of the "World's Most Ethical Companies" by the Ethisphere Institute.
- To the Dow Jones Sustainability Indexes as a "North America Component."
- On the New York Stock Exchange Euronext Vigeo's list of the 50 most advanced U.S. companies for corporate responsibility.
- On Thomson Reuters' Corporate Responsibility Indices, "Component."
- Among the "Top 100 Global Innovators" by Thomson Reuters.
TI's chief citizenship officer oversees global citizenship and community investment programs. Our community involvement teams, employee diversity initiative members, executive leaders, and board of directors' Governance and Stockholder Relations Committee review employee and corporate support of community programs.
Additionally, TI's Citizenship Strategy team provides direction on the strategy, execution and reporting of corporate citizenship initiatives, and establishes plans and targets for improvement.
Policies and principles
TI's corporate citizenship policy and principles demonstrate the company's commitment to responsibly managing operations and environmental impacts, product stewardship, employee well-being, community improvement, public advocacy, and sound corporate governance.
Additionally, our giving guidelines are designed to ensure maximum support and alignment with our strategic focus areas of education, health and human services, and arts and culture.
Training and awareness
We build awareness of our citizenship and philanthropy programs and partnerships through our Citizenship Report, Citizenship News, articles on our intranet, presentations and other forums.
TI also trains its employees on the tenets of board service, how to engage and mentor students, judge STEM or robotics competitions, and serve as a community ambassador.
TI proactively engages employees and community stakeholders - including nonprofits, nongovernmental organizations, and civic and government officials - to gauge their needs, interests, concerns and perceptions. This feedback helps us determine how we can make the most difference and align philanthropic efforts where support is needed.
Additionally, we set program goals and evaluate the impact of our work.