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ON Semiconductor Awarded the 2020 Business Ethics Leadership Alliance Community Champion Award by Ethisphere   Chinese Japanese

The company was recognized for its insights around governance, risk management, and compliance and ethics to the BELA member community

PHOENIX, Ariz. – April 16, 2020 – ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, today announced it has been awarded the 2020 Business Ethics Leadership Alliance (BELA) Community Champion Award by Ethisphere for its contributions to the member community. The two other companies also recognized in this category were Allianz Life Insurance and Infosys.

The BELA community is comprised of 300+ organizations from over 60 industries worldwide. The Community Champion recognition is designated for companies who share a unique level of awareness and vision to advance corporate community engagement, growth and transformation.

“The BELA community has always been one which, at the core, is about improving integrity through shared experiences because members are willing to set aside time and resources to advocate for each other in a way that enhances the overall business ecosystem. As the events of today clearly demonstrate, there is no other time in history when unity and cohesion are more necessary,” said Kevin McCormack, executive director at BELA. “Whether in times of crisis or business as usual, ON Semiconductor demonstrates the spirit upon which BELA is founded and we are proud to recognize them as one of the BELA Community Champions for 2020, as it is well-earned.”

“We’re honored to receive this recognition by Ethisphere for our contributions to the BELA member community”, said Jean Chong, vice president of ethics and corporate social responsibility at ON Semiconductor. “As a global organization, we recognize the inherent value of promoting ethical leadership and a world-class compliance culture. We’re proud to collaborate with other organizations with similar values to ours and exchange insights and best practices to continue operating with compliance and ethics at the forefront.”

Founded by Ethisphere, BELA is a globally recognized organization of leading companies collaborating together to share best practices in governance, risk management, compliance and ethics.

Earlier this year, ON Semiconductor was named one of the World’s Most Ethical Companies® by Ethisphere for the fifth time. In 2019, ON Semiconductor was recognized as a Fortune 500 company, one of Barron’s 100 Most Sustainable Companies and on Newsweek’s America’s Most Responsible Companies 2020 list.

About ON Semiconductor
ON Semiconductor (Nasdaq: ON) is driving energy efficient electronics innovations that help make the world greener, safer, inclusive and connected. The company has transformed into our customers’ supplier of choice for power, analog, sensor and connectivity solutions. Our superior products help engineers solve their most unique design challenges in automotive, industrial, cloud power, and Internet of Things (IoT) applications.

ON Semiconductor operates a responsive, reliable supply chain and quality programs, and robust ESG programs. Headquartered in Phoenix, Arizona, the company has a global network of manufacturing facilities, sales and marketing offices and engineering centers in its key markets.

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ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its Web site in this news release, such information on the Web site is not to be incorporated herein.

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