Entegris launches the first corporate social responsibility report

BILLERICA, Mass .– (COMMERCIAL THREAD) – Entegris (Nasdaq: ENTG), a world-class provider of advanced materials and processing solutions for semiconductors and other high-tech industries, today released its first annual social responsibility report of companies (CSR). The report, Science today for a sustainable future, is available online. It provides a comprehensive overview of Entegris’ progress towards achieving its 2030 CSR objectives and describes the company’s benchmark performance in 2020 through the four pillars of its CSR strategy: innovation, security, personal development and inclusion, and sustainability.

“The overlapping and unprecedented crises over the past 18 months – from the COVID-19 pandemic to social unrest and growing concerns about climate change – have reaffirmed the need for us to proactively engage in addressing these challenges, individually and collectively, ”said Bertrand Loy. , President and CEO of Entegris. “Entegris has a long-standing commitment to social responsibility and environmental sustainability, and the launch of our first corporate social responsibility report is an important step in our journey. Today, we reflect on the progress we are already making and envision the next phase of our efforts. ”

In 2020, Entegris formalized its CSR commitment with the creation of a CSR framework and set itself ambitious 2030 objectives aligned with each of the four pillars. Science today for a sustainable future sets benchmarks for fiscal 2020 and reports on the company’s action plans to operationalize these responsible, inclusive and sustainable practices across all of its business operations.

Highlights of the report include:

Innovation:

  • Invested more than 35% of operating expenses in Research & Development (R&D). By 2030, Entegris plans to invest 55% in R&D, improving the company’s ability to develop disruptive technologies that can transform society.

  • Leverage decades of experience handling pure materials in the semiconductor industry to develop low temperature storage bags that are used by major COVID-19 vaccine manufacturers to manage the production and distribution of vaccines around the world.

Security:

  • Fostered a corporate culture where safety is universally recognized as a top priority. In 2020, 90% of Entegris employees rated “Entegris as a safe place to work” and the company aims to reach 95% by 2030.

  • Ongoing efforts to strive for an injury-free workplace by increasing the participation of team members in reporting and eliminating hazards in the work environment. As a result, our Total Recordable Incident Rate (TRIR) in 2020 was less than 0.74, compared to 1.19 in 2019 and 1.64 in 2018.

  • Implementation of medical screenings, automated temperature scans and visitor management systems at all facilities to protect colleagues from the spread of COVID-19. Pandemic response teams have been formed at each site to manage protective measures and maintain ongoing communication within the global Entegris organization.

Personal development and inclusion:

  • Creation of the Entegris Foundation to fund STEM scholarships and internships for women and people from under-represented communities. To date, Entegris has contributed $ 5 million to the fund with the goal of investing more than $ 30 million in STEM scholarships and internships by 2030.

  • Over 109,000 hours of real-time learning and development opportunities among Entegris’ 6,600 employees. By 2030, Entegris team members will complete five times the amount completed in 2020.

Durability:

  • Implementation of a new process for collecting and monitoring the use of water, electricity and natural gas at all Entegris sites, helping to establish baselines for 2020 and identify opportunities reduction to achieve the 2030 targets.

  • Construction begins in Taiwan of Entegris’ newest and largest global manufacturing facility, which will integrate the company’s 2030 sustainability goals into all of its manufacturing processes. The installation aims to reduce water consumption by more than 50% compared to what is currently consumed in similar installations.

The report also describes the company’s CSR efforts throughout the supply chain, including engagement with suppliers to set sustainability goals and comprehensive dashboards to improve performance and help suppliers to positively impact the industry and the communities they serve. Entegris is committed to advancing inclusion and diversity throughout its supply chain, and in 2020 more than 15% of Entegris spend was attributed to various suppliers.

Entegris’ CSR strategy is aligned with the United Nations Sustainable Development Goals (UN SDGs), a plan to achieve a better and more sustainable future for all. In addition, the company’s reporting approach will follow the standards of the Sustainability Accounting Standards Board (SASB), which identify the environmental, social and governance (ESG) issues most relevant to the semiconductor industry, enabling companies to readers to compare and compare the performance of their peers. The 2020 report includes initial disclosures of SASB metrics, and Entegris will continue to disclose additional metrics in future published reports each year. More information on SASB metrics can be found at the end of the report.

About Engris:

Entegris is a world-class provider of advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 6,600 employees across its global operations and is ISO 9001 certified. It has manufacturing, customer service and / or research facilities in the United States, Canada, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information is available at www.entegris.com.

Forward-looking statements

This press release contains “forward-looking statements”. The words “believe”, “expect”, “anticipate”, “intend”, “estimate”, “foresee”, “plan”, “should”, “can”, “can”, “” similar expressions are intended to identify these forward-looking statements. These statements include those related to Entegris’ CSR 2030 objectives, the plans to achieve these objectives and the related reports; the orientation of Entegris’ engineering, research and development projects; Entegris ‘ability to execute its business strategies, including with respect to Entegris’ expansion of its global presence; and other questions. Forward-looking statements deal with matters which are, to varying degrees, uncertain and subject to risks, uncertainties and assumptions, many of which are beyond Entegris’ control, which could cause actual results to differ materially from those expressed. in forward-looking statements. These risks and uncertainties include, without limitation, those described in documents filed by Entegris with the Securities and Exchange Commission, including under the heading “Risk Factors” in section 1A of Entegris’ annual report. on Form 10-K for the fiscal year. ended December 31, 2020, filed with the Securities and Exchange Commission on February 5, 2021, and in the other periodic documents of Entegris. Except as required by federal securities laws and the rules and regulations of the Securities and Exchange Commission, Entegris does not undertake to publicly update any forward-looking statements or information contained herein, which relate to their dates. respective. Forward-looking statements are not guarantees of future results.

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