DALLAS, June 10, 2010 /PRNewswire via COMTEX News Network/ -- Texas Instruments (TI) released its fourth-annual corporate citizenship report (CCR) today, detailing the company’s 2009 social responsibility and environmental performance and goals. The complete report, "Building a Better Future," underscores the company’s continued commitment to stellar citizenship and transparency in operations. It is available online at www.ti.com/ccr.
"At TI, we believe that how we conduct our business is just as important as the next technology breakthrough," said Rich Templeton, TI’s chairman, president and CEO.
A companion to TI’s 2009 Annual Report of financial performance, the Web-based citizenship report is used by a variety of stakeholders, including customers, analysts and shareholders, to understand TI’s social and environmental performance as well as future risks and opportunities.
Some of TI’s 2009 citizenship successes noted in the report include:
- Opening of solar and LED lighting laboratories to find new ways of using semiconductors to reduce the world’s energy consumption;
- Prevention of 22,000 metric tons of CO2 from entering the atmosphere through new energy-efficiency projects, helping reduce TI’s carbon footprint;
- Reduction of health care costs for employees through a personalized health management program and consistent benefits;
- Startup of operations in two new LEED-certified facilities - one in the U.S. and one in the Philippines;
- Contributions of nearly $19 million to support community, cultural and education initiatives; and
- Funding of university programs to increase the number of math and science teachers.
Readers can learn more about TI’s operations and performance globally, including product development, energy use, human rights, governance, and citizenship programs. They can also follow TI’s social and environmental progress on Twitter via @AroundTI.
The report addresses six key areas of TI’s operations:
- Product stewardship
- Environmental responsibility
- Employee well-being
- Community commitment
- Responsible advocacy
- Corporate governance
"Throughout our company’s history, we have strived 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 director of global corporate citizenship.
Launching with this year’s report for the first time is a dynamic citizenship website (www.ti.com/citizenship). The site is updated as new initiatives launch or exciting developments happen.
TI’s stakeholders can share feedback through e-mail and social media and stay up-to-date through the citizenship website. This level of transparency in operations and continued commitment to social and environmental stewardship is integral in an increasingly competitive business environment.
"We report our results to show TI’s commitment to doing what’s right, learn from our challenges and inspire innovative solutions," said Cunningham. "We value the feedback we receive because it often provides ideas for our continuous improvement."
About Texas Instruments
Texas Instruments (NYSE: TXN) helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through design, sales and manufacturing operations in more than 30 countries. For more information, go to www.ti.com.
SOURCE Texas Instruments
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