TI has been named again as a member of the Dow Jones Sustainability Index (DJSI) – North America for the fifth year, to the STOXX Global ESG Leaders indices and to the Corporate Social Responsibility Index, recognitions that highlight the company's commitment to social and environmental stewardship.
"We are pleased to be included once again on this important index," said Trisha Cunningham, TI Chief Citizenship Officer. "The recognition acknowledges our dedication to continuously improving the sustainability of our company — reducing our impact on the environment, caring for our employees and neighboring communities and increasing shareholder value."
TI is among four companies in the technology sector named to the North American index by the Dow Jones Indexes and global sustainable investing firm SAM, which annually review 2,500 companies to create the sustainability indexes. Companies named to the list meet high standards for economic, corporate and social responsibility performance. The index is a key resource for investors seeking opportunities to engage with companies committed to responsible business practices.
The annual review of the index analyzes corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, product stewardship, climate change mitigation, supply chain standards and labor practices.
Some of TI's 2010 achievements in these areas include:
- Opened Kilby Labs India to foster innovations in energy efficiency, bio-electronics and life sciences
- Decreased energy required to design, market and manufacture a semiconductor chip by 24 percent and water required by 20 percent
- Recycled 95 percent of our waste
- Named to Working Mother Magazine's Hall of Fame
- Granted $28.2 million to support education, cultural and community initiatives
- Released multi-year sustainability goals
- Achieved the Global Reporting Initiative self-assessed Application Level A
STOXX® Global ESG Leaders Indices
TI was also recently named to the STOXX Global ESG Leaders indices based on its environmental, social and governance (ESG) performance. These sustainability indices enable investors to fully understand which factors determine a company’s ESG rating and the respective importance.
Corporate Social Responsibility Index
TI ranks No. 15 on the 2011 Corporate Social Responsibility Index of the 50 "most socially responsible companies" in the U.S. This is the third year TI has been included on the list.
The list is compiled by the Boston College Center for Corporate Citizenship through data managed by the Reputation Institute (RI). RI measures seven dimensions that drive reputation: performance, products and services, innovation, workplace, leadership, citizenship and governance.
The CSRI scores are based on consumer perceptions in three of these dimensions:
According to the RI, these key dimensions drive 43 percent of corporate reputation.
- Workplace – rewards employees fairly, employee well-being, offers equal opportunities
- Citizenship – environmentally responsible, supports good causes, positive influence on society
- Governance – open and transparent, behaves ethically, fair in the way it does business
TI also scored in the top 25 in the individual Workplace and Governance with scores of 74.70 and 75.64 respectively.
For more on TI’s sustainability performance, see: www.ti.com/ccr or http://www.ti.com/corp/docs/csr/company/sustainability.shtml.