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ST pledges to become zero-emission manufacturer by 2010

Posted: 02 Feb 2005 ?? ?Print Version ?Bookmark and Share

Keywords:stmicroelectrronics? greenhouse? gas emission?

STMicroelectrronics' retiring CEO Pasquale Pistorio reaffirmed the company's pledge to eliminate all its greenhouse gas emissions by 2010.

In his farewell appearance Thursday (Jan. 27) at ST's financial results press conference here, Pistorio outlined ST's goal to be the most aggressive chip maker in terms of cutting greenhouse emissions.

The Kyoto Protocol on greenhouse emissions takes effect next month. The international agreement obligates developed countries to reduce carbon dioxide and other greenhouse gases, including a requirement to reduce carbon dioxide emissions between 2008 and 2012 by an average of 5.2 percent from 1990 levels.

Pistorio called the Kyoto Protocol "excellent and important, but not enough." Pistorio added, "We will not contribute to the global warming effect."

ST has led the way in urging the rest of the global electronics industry in focusing on environmental issues. Its position stands in marked contrast to many U.S. companies who argue that the protocol will cause severe economic damage that will outweigh environmental benefits.

Beyond ST's efforts to build better cost structure and invest in innovation, Pistorio said, "The legacy I'd like to leave to this company is our commitment to social responsibilities."

Calling ST's corporate culture "the soul of the company," he repeated his assertion that "what's ethically good for environment is also good for the company's bottom line."

Pistorio will retire in May.

- Junko Yoshida

EE Times

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