United Microelectronics Corporation (NYSE:UMC; TWSE: 2303) ("UMC"), a leading global semiconductor foundry, today announced that Dow Jones Sustainability Index (DJSI) has selected UMC as a global component for the 11th consecutive year.
DJSI awarded UMC with the industry's highest scores in "Policy Influence," "Product Quality and Recall Management," "Tax Strategy" and "Climate Strategy" categories. Several of those items received full marks. UMC's overall scores have continued to increase in recent years, illustrating the company's continued excellence in sustainable operations. DJSI-World 2018 evaluated approximately 2,500 global enterprises, with only six semiconductor companies selected worldwide.
SC Chien, co-president at UMC, said, "We are pleased to be selected as a DJSI Global Component for the 11th consecutive year. UMC is committed to the Environment, Society, and Governance (ESG), using this three-pronged sustainability approach to promote the implementation of the 17 global Sustainable Development Goals (SDGs) of the United Nations. In 2018, UMC continued to improve its performance in the implementation of sustainable management strategies. With the help of all UMC employees, we successfully reached the second-year goal of our "Green 2020" plan for saving electricity and water as well as reducing waste. We have also invited our supply chain partners to practice Reuse, Recycle and Reduce concepts through the environmental 3R League initiative and have fully embraced the spirit of global partnership promoted through the United Nations Sustainable Development Goals. Going forward, we will continue enhance our efforts toward sustainability in order to benefit our stakeholders and society."
Dow Jones Sustainability Indices was launched jointly by Dow Jones Index, STOXX and Sustainable Asset Management (SAM) in 1999. DJSI is the first index that traces social responsibility performance of leading-edge enterprises, and is also one of the most creditable evaluation tools for reviewing sustainability worldwide. The Dow Jones Sustainability World Index and respective subsets track the performance of the top 10% of the 2500 largest companies in the S&P Global Broad Market Index that lead the field in terms of sustainability.
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