Infineon

Infineon enhances access to digital technologies by donating laptops to schools in Indonesia, as well as to children in need of laptops for home-schooling during the COVID-19 pandemic in Singapore.

Infineon contributes to the development of digital skills and school connectivity through several initiatives. For instance, it funds a programme known as MINT-Labs Regensburg, which exposes children from the age of eight to science, technology, engineering and mathematics (STEM) fields. Its Skillsharing course provides free access to LaTeX training courses and its donation of laptops to schools in Indonesia improves school connectivity.

Infineon has a high-level commitment to cybersecurity and has a standalone security document which details how the company manages cybersecurity. It follows industry norms by having a security incident response team and international certification for its information security management system. Additionally, Infineon reports information on data breaches and has a group privacy policy.

Through its global start-up co-innovation programme and its partnership with Hyundai, Infineon offers mentorships to innovative start-ups active in future mobility, the internet of things (IoT) and artificial intelligence (AI). The company demonstrates commitment to sustainability by aligning and measuring its goals against the SDGs and developing innovative products that reduce environmental impact. It also discloses all its research and development (R&D) locations.

Infineon can consider supporting digital opportunities for women and girls. It should also disclose the number of its employees with disabilities and report the income taxes it pays and employment in its main markets as well as its indirect economic impact.

The company has scope for greater transparency in reporting metrics and commissioning third-party assessments for its skills development programmes. These assessments can help the company and its stakeholders better understand programme outcomes and identify areas of strengths and improvements.

Infineon can enhance transparency by assigning clear roles for cybersecurity oversight and making its information security management certification publicly available.

Infineon can further its support for open source initiatives and standards. The company can also demonstrate diversity in innovation by reporting the number of women it employs in tech roles. Furthermore, Infineon can consider disclosing the principles it follows for incorporating ethical AI in its R&D processes.

Infineon commits to respecting human rights and the ILO core labour rights. The company also has a grievance mechanism accessible to workers and external stakeholders to raise human rights concerns and complaints. However, it does not require its business relationships to commit to respecting the ILO core labour rights. Additionally, it does not disclose a process to identify, assess and act on salient human rights risks in its own operations and in its business relationships. Infineon also does not disclose which stakeholders it engages with on human rights risks and how it engages with them. 

Infineon does not explicitly commit to respecting worker health and safety, nor does it disclose relevant quantitative information on the topic, such as the number of injuries and fatalities. Nevertheless, it expects its business relationships to commit to safeguarding workers’ health and safety and monitors their health and safety performance. There is no evidence that Infineon commits to paying its workers a living wage. Furthermore, the company does not disclose a policy commitment stating that it does not require workers to work more than the regular and overtime hours, and it does not explicitly state whether it requires its business relationships to do this. While Infineon does not publicly commit to promoting gender equality and women’s empowerment, it has set time-bound targets on the subject and has more than 30% women on its board. The company has scope to enhance its disclosure on gender-based remuneration. In relation to workforce diversity, the company provides a breakdown of employees in different employee categories by age group and gender, but it can provide employee figures against other indicators of diversity as well.

Infineon has policies prohibiting bribery and corruption, and it includes anti-bribery and anti-corruption clauses in its business relationship contracts. It also has a grievance mechanism for stakeholders to raise concerns and complaints on the topic. However, it does not describe the steps it takes to identify and address bribery and corruption. While Infineon has a global tax strategy, it does not disclose its income tax payments in individual tax jurisdictions. The company also does not disclose its approach to lobbying and political engagement. Specifically, the company has no public statement indicating that that it does not make political contributions, and it does not disclose its lobbying expenditures.