HSINCHU, Taiwan, September 8, 2008 - UMC (NYSE: UMC; TSE: 2303), a leading global semiconductor foundry, today announced that it has been selected as a global component of the Dow Jones Sustainability Indexes following their 2008 annual review. UMC scored high marks for several criteria across multiple fields, including top scores in the areas of innovation management and standards for suppliers. Of the 33 new entries for 2008, UMC was the only Taiwanese company chosen for inclusion. UMC's listing underscores the company's strength in sustainability and commitment to long-term business performance.
Dr. Shih-Wei Sun, CEO from UMC, said, "We are proud that UMC's accomplishments in corporate sustainability have been recognized by the Dow Jones Sustainability Indexes, one of the most respected indexes worldwide. This milestone has provided us with further motivation to keep improving our operations ethically and transparently. Going forward, we will continue to work toward enhancing UMC's corporate sustainability and business success in order to bring maximum value to our customers and shareholders."
The annual review of the DJSI family is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. It accounts for general as well as industry specific sustainability criteria for each of 57 industries defined according to the Industry Classification Benchmark (ICB). In the 2008 assessment, the weighting of industry specific criteria was increased to 57 percent - up from 50 percent last year and from 30 percent in 1999.