300% ROI on Green Practices

IndustryWeek (2/5, Selko) – STMicroelectronics is one of the top semiconductor makers in the world. Maybe they rose to that status based on good business practices given that their “green” initiatives have resulted in a 300% net ROI. Since 2001 they have invested $229 million and have seen $1.2 billion in total savings and $993 million in net savings. Those are numbers we’d all like to report. Their green journey began back in 1994 with the declaration of their 10 Commandments of Going Green. Looking at their numbers they can certainly declare success.