Microelectronic’s Corporate Responsibility

Microelectronic’s Corporate Responsibility is mostly focused on its performance in relation to staff and customers, environment and social presence.

Energy Consumption

Microelectronic monitors its environmental performance via established voluntary goals to help track and improve upon its energy consumption.

The Energy Conservation goal is to achieve annual savings equal to 3.00% year-on-year of Microelectronic’s total energy use.

Our energy consumption during financial year 2023 was approximately 14% higher than in FY2022, and the average energy cost per kWh year-on-year increased by 17.4% over FY2022. While the increase in cost per kWh was due to well-known market factors, the higher consumption was a consequence of higher business activity, but also of a now identified and resolved infrastructure issue.

Over the 11 years’ period, since we commenced recording our emissions, we achieved a compound average reduction rate of 5% yearly in Energy Consumption and of 7% in GreenHouse Gas emissions, which shows, overall, our Company’s successful effort in meeting or exceeding our target.

Health and Safety

Microelectronic is committed to ensuring a safe and healthy work environment for its staff, in compliance with legislative obligations. This commitment is underpinned by Microelectronic’s Code Of Ethics which reflects and fosters the importance of staff’s health, both mental and physical, with an appropriate work-life balance.

Social Performance

Through its community support programs Microelectronic aims to make a meaningful contribution to the social and economic well-being of our communities.
Microelectronic is a sponsor of the St. George Foundation, a member of the IMPACT100 Sydney North Community, a regular supporter of the Sir David Martin Foundation and of the Westpac Lifesavers Rescue Helicopters.
In addition, Microelectronic regularly supports local schools and charity events with donations of money and goods.