ON Semiconductor has been included in the Dow Jones Sustainability Index (DJSI) North America Index, recognizing companies with sustainable business practices. This is the second time the company has been included in the index.
The Dow Jones Sustainability Index, jointly calculated by Standard & Poor's Dow Jones Index and Switzerland-based RobecoSAM, selects companies for their excellent sustainability through the assessment of numerous criteria such as corporate governance, customer relations, environmental policy, working conditions and social initiatives. The index serve as benchmarks for those investors that seek to integrate sustainability considerations into their portfolios.
"As the company celebrates its 20-year milestone IPO year in 2020, it has transformed into a trusted, ethical supplier of choice for power, analog, sensor and connectivity solutions," said Keenan Evans, senior vice president of global quality, reliability, environmental health and safety, and corporate social responsibility at ON Semiconductor.
"This honor recognizes that highly ethical behavior, socially responsible programs and environmentally sustainable operations are deeply rooted in ON Semiconductor corporate culture, and are supported by our core values of Respect, Integrity and Initiative," added Evans.
"As sustainability becomes a much bigger focus for investors, this is an important designation for us in the global marketplace," said Theresa Haywood-McCarley, director of quality systems and corporate social responsibility at ON Semiconductor. "We benchmark our programs, policies and processes against global standards and best-in-class practitioners in order to continually improve our performance and be recognized as a world-class corporate citizen."
ON Semiconductor continues to be recognized for its commitment to environmentally sustainable operations and ethical business practices. A member of the Responsible Business Alliance, ON Semiconductor has been recognized as one of the World's Most Ethical Companies® four years in a row, as well as being named Barron's 100 "Most Sustainable Companies" in 2017 and 2018, as well as ranking #485 on the 2019 Fortune 500, #13 on Forbes Digital 100 and #40 on the Fortune 100 Fastest Growing Companies.