STMicroelectronics has announced that for the third year in succession it has been ranked among the "Global 100 Most Sustainable Corporations" by Corporate Knights.
Alain Denielle, Corporate Sustainable Development Group Vice President, STMicroelectronics said, "We are proud that our efforts are recognized by independent organizations such as Corporate Knights. This ranking among global leaders in sustainability is further proof of our long-standing belief that integrating sustainability and responsibility into our business activities is not a cost burden but a recipe for even greater success. For the past 25 years, we've been helping people get more from technology to get more from life and we're simultaneously contributing to preserve the planet. We will continue to follow this path as a world leader in innovation for sustainable development through excellence in our people, our products, the environment and the community."
Toby Heaps, CEO, Corporate Knights, Inc. said, "The companies in our Global 100 are shining examples of a cleaner capitalism, where companies succeed by delivering win-win outcomes for society and the bottom line. Since 2005, the Global 100 Most Sustainable Corporations have achieved a total return of 41.70%, outperforming the MSCI All Country World Index by more than 11%. We hope this exemplary outperformance will inspire all companies to follow the example of ST and the other Global 100 corporations in pursuing the path to sustainable growth."
