Microchip

No evidence was found of the company having leading practices in this area. 

Microchip Electronics Camp provides electronics lessons to primary school students in Thailand.

Microchip discloses that it has senior-level oversight of cybersecurity.

Microchip carries out open source projects and is a member of international organisations that promote collaborative innovation. Moreover, the company reports the share of women employees in tech roles and discloses locations of its research and development (R&D) facilities.

No evidence was found that Microchip undertakes initiatives that contribute to inclusive digital access and opportunities. The company could show how it supports universal and affordable access to digital technologies for vulnerable groups, digital inclusivity for women and girls, and digital accessibility for people with disabilities. Microchip should also demonstrate how it distributes the wealth it creates among its stakeholders as well as its employment and taxes paid in its main markets of operation.

There is an opportunity for Microchip to expand its support for digital skills development.

The company should disclose how it monitors, reports and rectifies security incidents. Further, as a digital company, it should make a commitment to child online safety.

Microchip can contribute to the tech innovation ecosystem by supporting start-ups, innovation hubs and social entrepreneurship. The company can also disclose the ethical principles it follows for its R&D activities, including artificial intelligence (AI).

Microchip publicly commits to respecting human rights and the ILO core labour rights. It also expects its business relationships to commit to respecting the ILO core labour rights. Furthermore, the company has a grievance mechanism for employees and external shareholders to raise human rights complaints. The company could disclose a process to identify, assess and act on salient human rights risks in its own operations and in its business relationships.

Microchip publicly commits to respecting worker health and safety and places the same expectations on its business relationships. The company discloses quantitative information on health and safety for its workers. The company also provides gender and ethnicity breakdowns of its workforce by employee category. In addition to this, Microchip could disclose the number of its employees covered by collective bargaining agreements.

The company has a publicly available policy statement prohibiting bribery and corruption and includes anti-bribery and anti-corruption clauses in its business relationship contracts. Furthermore, the company has a mechanism accessible to all stakeholders to raise bribery and corruption concerns. Microchip could disclose its global tax policy along with the taxes it pays in individual jurisdictions. The company lacks disclosure across the board in relation to lobbying and political engagement. It has no public statement indicating that it does not make political contributions, and it does not disclose its lobbying expenditures.