DALLAS, May 23, 2013 /PRNewswire/ -- Texas Instruments (TI) released its seventh-annual Corporate Citizenship Report (CCR) today, detailing the company's social and environmental performance for 2012.
Posted on the company's website at www.ti.com/ccr, TI's citizenship report meets requirements for the Global Reporting Initiative (GRI) self-assessed Application Level A, one of the top two highest levels rating transparency. GRI is one of the world's most widely used frameworks for sustainability reporting.
"We continue our commitment to conduct business with integrity, source ethically, innovate responsibly and manage operational risks closely in order to thrive long term, " said Rich Templeton, TI Chairman, President and CEO, in the report's opening letter. He called this report "evidence of much hard work by many dedicated people to continually improve our global impact."
Highlights of TI's performance include:
- Joining the Electronic Industry Citizenship Coalition to advance efficiency and social, ethical and environmental responsibility in the global electronics supply chain.
- Implementing 217 energy- and water-efficiency projects, a 62 percent increase, resulting in annualized savings of $10.1 million.
- Recycling 1.8 billion gallons of water and 93 percent of waste.
- Increasing female hires by 23 percent in an industry dominated by men. Nearly half of our total hires were women.
- Granting $30.4 million to local community organizations through TI, the TI Foundation and the TI Community Fund. Employees also gave $5.2 million.
- Enabling employees to contribute almost 47,000 hours of their time – a 30 percent increase valued at $1 million – to community organizations.
"We have a long history of striving to deliver excellence in everything we do by being responsible in our operations and treating our customers, employees, communities and environment with respect." said Trisha Cunningham, TI's chief citizenship officer. "We report our results to show TI's commitment to doing what's right, learn from our challenges and implement compelling solutions, which are often based on feedback from our stakeholders."
The complete report addresses seven key areas:
- Company operations
- Product stewardship
- Environmental responsibility
- Employee well-being
- Community commitment
- Responsible advocacy
- Corporate governance
TI also provides updates on new citizenship initiatives and events year round on this Citizenship website (www.ti.com/citizenship) and invites feedback through e-mail and social media, such as Twitter and Facebook.
About Texas Instruments
Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. By employing the world's brightest minds, TI creates innovations that shape the future of technology. TI is helping more than 100,000 customers transform the future, today. Learn more at www.ti.com.
SOURCE Texas Instruments Incorporated