ON Semiconductor - Company of the Year

Company: ON Semiconductor, Phoenix, AZ
Company Description: ON Semiconductor is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Manufacturing - Large

Nomination Title: ON Semiconductor

ON Semiconductor spun off from Motorola in 1999 and became a public company in 2000. Since then, the company continues to be committed to engineering a better tomorrow through its daily actions. Headquartered in Arizona, and 160 sites across the globe, the company provides a broad portfolio of innovative, energy efficient and environmentally friendly semiconductor solutions addressing virtually all market segments.

ON Semiconductor maintains high ethical business standards with its stakeholders by promoting its core values of integrity, respect and initiative across all areas of business. It operates responsive, reliable and world-class supply chain and quality programs, robust compliance and ethics programs, a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. The company’s operations and products help engineers solve their unique design challenges.

The company believes its strong financial performance of having a revenue of $5.5 billion in 2020 and innovative product portfolio will continuously provide opportunities for future growth. The generated revenue is evidence that the company has established itself as a market leader in high efficiency power solutions for automotive, high performance power conversion, industrial, wired and wireless communications and computing applications.

-2020 Gold Stevie Winner – American Business Awards – Company of the Year – Manufacturing – Large
-2020 Silver Stevie Winner – International Business Awards – Company of the Year – Manufacturing
-2020 Gold Stevie Winner – Stevie Awards for Great Employers – Employer of the Year – Manufacturing
-2020 Bronze Stevie Winner – Stevie Awards for Great Employers – COVID-19 Response – Most Valuable -Employer – North America
-Included in the 2020 Bloomberg Gender Equality Index
-Number 15 on the Barron’s 100 Most Sustainable Companies List
-2020 World’s Most Ethical Companies for fifth year in a row
-Named Most Sustainable Company in the Semiconductor Industry by World Finance Magazine
-Named to Dow Jones Sustainability Index for third year in a row
-IoT Star Award recognition for the Most Influential IoT Sensor Company of 2019 by China’s IoT Industry Application Alliance
-Launched The Bridge Affinity Network Group
-Involved with non-profits globally through the ON Semiconductor Foundation
-Adjusted and celebrated Responsibility and Inclusion (D&I) across all 160 sites worldwide virtually
-Continues to prioritize the planet through sustainable practices
-Continues to demonstrate financial strength and stability with a revenue of $5,517 million USD

In the past year, ON Semiconductor has received several distinctions including:

Included in the 2020 Bloomberg Gender Equality Index
Number 15 on the Barron’s 100 Most Sustainable Companies List
2020 World’s Most Ethical Companies for fifth year in a row
Named Most Sustainable Company in the Semiconductor Industry by World Finance Magazine
Named to Dow Jones Sustainability Index for third year in a row

Celebrating Diversity: The company added a new Affinity Network Group called The Bridge, which focuses on helping employees feel at home while they are far from home transition into their new culture and environment. In October, ON Semiconductor hosted Responsibility and Inclusion week virtually that highlighted and celebrated the company’s accomplishments and raise awareness of several important topics.

Employee Wellness: Throughout the past year, the company has been focused on ensuring employee wellness was a high priority. The company triggered their business continuity team, which ensured every site followed all the correct pandemic guidelines. The Phoenix site also launched new expectant mothers parking spaces that allows expecting mothers to park closer to the entrance.

Environmental: Through the company’s sustainable practices, 910,000 kilograms of scrap materials and 1,376 kilograms of precious metals were processed and sold. ON Semiconductor also recycled 14,958,208 kilograms of waste from our sites.

Overall, the financial strength and efficiency through strong cash flows and stable revenue streams produced a revenue of $5,517 million.