Texas Instruments issues its latest Corporate Citizenship Report
"We're in the business of engineering a better tomorrow. It starts with understanding the world's greatest challenges. Then we go to work; designing and manufacturing the right game-changing solutions - in a responsible way," said
Highlights of TI's 2013 performance include:
- Continued developing technologies to help solve some of the world's most pressing challenges and were recognized by Thomson Reuters as a Top 100 Global Innovator.
- Assessed the environmental and social programs of 90 percent of major suppliers to better understand their current practices and drive compliance.
- Implemented 131 energy- and water-efficiency projects, resulting in annualized savings of
$10.2 million . - Recycled 29 percent of the water consumed and 92 percent of waste generated.
- Granted
$27.9 million to local community organizations through TI, theTI Foundation and theTI Community Fund . Employees also gave$5.7 million . - Enabled employees to donate 61,000 hours of their time to community organizations - a 30 percent increase - valued at almost
$1.4 million .
"The value of social responsibility was instilled by TI's founders decades ago and is one of the reasons TI continues to thrive today," said
The complete report addresses seven areas of operations:
- Product stewardship
- Environmental responsibility
- Employee well-being
- Community commitment
- Responsible advocacy
- Corporate governance
In addition to the year-specific Citizenship report, TI also provides general information and updates on new citizenship activities on the company's citizenship website at www.ti.com/about-ti/citizenship-community/overview.html and invites feedback through e-mail and social media, such as Twitter and Facebook.
TI used the Global Reporting Initiative's (GRI) Sustainability Reporting Guidelines, G3.1, to craft the 2013 report. GRI is one of the world's most widely used frameworks for sustainability reporting.
About
SOURCE
News Provided by Acquire Media