Reporting on TI's citizenship progress, listening to the community
TI's progress in citizenship performance
TI's latest corporate citizenship report, "Building a Better Future," tracks the evolution of the company's socially responsible programs and the progress.
Some of TI's 2008 citizenship successes highlighted in the report include:
- The unveiling of Kilby Labs, a new research center dedicated to inventing technologies several generations ahead of today's business. The labs are a way to generate new ideas, open new markets and create opportunities that lead to business growth.
- The implementation of 159 energy, water and other efficiency projects globally that saved $5.1 million and prevented 32,000 tons of carbon dioxide from entering the atmosphere.
- Decreases in TI's total energy use, amounting to 5 percent, and total water use, adding up to 7.3 percent. TI recycled 1.4 billion U.S. gallons of water or about 16 percent globally. TI also recycled 88 percent of its nonindustrial waste and 91 percent of its total waste in 2008.
- Recognition for constructing the first LEED® Silver certified building in the Philippines and the first semiconductor manufacturer to be LEED Gold certified at TI's fabrication facility in Richardson, Texas. TI announced its goal to be LEED certified at all its major existing buildings globally by 2011.
- The best safety rate among U.S. Semiconductor Industry Association member companies for the sixth consecutive year.
- Expansion of TI's Equal Employment Opportunity policy to include not only
sexual orientation and gender, but also gender expression and gender identity.
- The contribution of more than $13 million to support science, technology, engineering and math research and education programs around the world through TI and the TI Foundation.
- Contributions of $5 million to United Way to better TI's communities, including a $200,000 challenge grant from the TI Foundation and $2.9 million pledged by TI employees.
- Spending 4.61 percent of all purchases on outsourced goods and services in the U.S. with direct and sub-tier minority or women business enterprises, which helps grow and strengthen local economies.
- The launch of TI's first political engagement report as an extension of the company's comprehensive corporate citizenship report.
- The successful expansion of the company's citizenship strategy to better meet changing business and community needs. This progress is driven by TI's Citizenship Strategy Team, a cross-functional group of company leaders that works to refine the company's citizenship principles.
For more information, watch a video about TI's 2008 report. |
As TI works to build a better future for its communities, customers, investors, employees and important stakeholders, it becomes increasingly important to report on achievements and progress and listen to feedback.
"Companies everywhere are responding to their stakeholders who want to know more about their social, environmental and economic impacts — TI is no exception," said Trisha Cunningham, TI worldwide director of corporate citizenship. "TI has been reporting on environmental data about 15 years, and this is the third year that we've produced an annual citizenship report."
"Building a Better Future," TI's latest corporate citizenship report, which covers its 2008 year accomplishments and 2009 goals, is now available online. The complete report is a companion to TI's 2008 Annual Report of financial performance
"At TI, there are two things that didn't change in 2008: our commitment to corporate citizenship and our passion for building a better future," said Rich Templeton, TI's chairman, president and CEO, in a letter in the report. "We believe being a good corporate citizen is a competitive advantage — and a sustainable business model."
The importance of transparency
The comprehensive report is used by a variety of stakeholders to understand TI's social responsibility and environmental performance, as well as future risks and opportunities.
Readers of the report can learn more about TI's operations globally, the company's citizenship and performance in product development, energy use, human rights and governance, and its goals for the future. They can also follow TI's social and environmental progress through Twitter.
Defining corporate citizenship
Corporate citizenship is defined in the report as "the commitment of each and every TI employee to accountability for the company's social, environmental and economic impact around the world."
Citizenship, as outlined in the report, addresses six key areas of operation:
"These values were instilled by TI's founders almost 80 years ago and are one of the reasons I believe we're still thriving today," Cunningham said. "The value in reporting on our progress is to maintain our legacy as a responsible company – a supplier of choice among customers and a good citizen and neighbor of choice within the communities where we operate."
TI"s stakeholders can help shape the company's citizenship strategy by reading and sharing thoughts on the report.
"We report our results to show our commitment to doing what's right," Cunningham said. "TI values the feedback we receive from our employees, customers, investors and communities as we strive for continuous improvement as a good corporate citizen."
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