Join        Login             Stock Quote

Texas Instruments publishes 2012 Corporate Citizenship Report

Thursday, May 23, 2013 9:00 AM

Texas Instruments publishes 2012 Corporate Citizenship Report

Report details social and environmental performance

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:

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

(Source: PR Newswire )
(Source: Quotemedia)


Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.