【Introduction】March 10, 2022—Onsemi (onsemi, NASDAQ: ON), a leader in smart power and intelligent sensing technologies, announced that its ESG efforts have been recognized by the Investor Business Daily (Investor’s Business Daily or IBD) 2021 ESG Top 100 Best Performers. The list highlights companies with leading ESG scores and strong stock performance, with ON semiconductor ranking 49th on the 2021 list.
IBD creates the list and ranks companies using Dow Jones Environmental, Social and Governance (ESG) data from more than 6,000 companies. ON Semiconductor was included in the North American Dow Jones Sustainability Index for the fourth consecutive year. IBD narrowed its search to the top 15% of 2,360 U.S. public companies with share prices of $10 or more, and filtered out companies with an IBD Composite Score of 85 or higher. To break the 100-point tie, IBD screened on relative strength of share prices and earnings per share (EPS) scores. All data from IBD and Dow Jones is as of August 31, 2021.
In 2021, ON Semiconductor was selected by Ethisphere as one of the world’s most ethical companies for the sixth consecutive year, as the most sustainable company in the semiconductor category by World Finance for the second consecutive year, and by Newsweek for the third consecutive year. (Newsweek) as one of America’s Most Responsible Businesses. Shares of ON Semiconductor have risen more than 80% since January 2021 based on the company’s new strategy implemented by ON Semiconductor President and Chief Executive Officer (CEO) Hassane El-Khoury.
Thad Trent, ON Semiconductor’s Executive Vice President and Chief Financial Officer, said: “ON Semiconductor is proud to be named to Investor’s Business Daily’s 2021 ESG Top 100 List. Our continued commitment to ESG goals includes several key initiatives. , to ensure net-zero emissions by 2040, and it’s exciting to see our efforts make a difference.”
ESG and Sustainability are the responsibility of all ON Semiconductor employees who are committed to ensuring that the company meets and often exceeds set goals. Check out the 2020 Sustainability Report to learn more about ON Semiconductor’s ESG initiatives.
More resources and documentation:
ON Semiconductor Named to Top 100 Best Corporate Citizens in 2021
ON Semiconductor is included in the Dow Jones Sustainability Index for the third consecutive year
ON Semiconductor (Nasdaq: ON) is driving disruptive innovation to help build a better future. Focused on the automotive and industrial end markets, the company is accelerating changes driving megatrends, including the electrification of automotive functions and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated portfolio of innovative products, ON Semiconductor creates smart power and sensing technologies to solve the world’s most complex challenges and lead the way in creating a safer, cleaner and smarter world. For more information, please visit: http://www.onsemi.cn.
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