Microchip Thailand is a Technology Company Focused on Ethical and Sustainable Business Practices
Microchip Technology (Thailand) Co., Ltd. (“Microchip Thailand”), officially registered in 1995 in Thailand, is a distinguished name in the technology industry, lauded for its profound dedication to sustainability and corporate responsibility. This leading company in the field of technology specializes in the provision of smart, connected, and secure embedded control solutions, earning accolades and recognition for its comprehensive commitment to reducing its environmental impact. One such noteworthy recognition is the Thailand Environmental Awards, showcasing the company’s unwavering resolve to operate in a manner that minimizes detrimental effects on the environment, community, and society while ensuring its business operations remain profitable.
Microchip Thailand’s journey in the technology sector is underpinned by a clear-cut vision and mission statement that unequivocally expresses its ambition to be the premier embedded control solutions company. The company offers an extensive range of products, including standard and specialized microcontrollers; FPGA products; analog, mixed-signal, timing, and security products; wired and wireless connectivity solutions; non-volatile memory products, and Flash-IP solutions. Its diverse product portfolio is tailored to meet the requirements of numerous markets, including industrial, automotive, consumer, communications, and computing, emphasizing innovation and functionality.
What sets Microchip Thailand apart is its unwavering commitment to corporate responsibility and sustainability. The Thailand Environmental Awards are a tangible testament to the company’s dedication to environmentally friendly practices. These accolades underscore its commitment to mitigate its environmental impact while ensuring that its business operations continue to align with contemporary environmental concerns, all without compromising profitability.
The recognition extends beyond its environmental initiatives. Microchip Thailand is actively engaged with a myriad of organizations, including the Responsible Business Alliance (RBA) and the Responsible Minerals Initiative (RMI). These affiliations demonstrate its unwavering commitment to ethical and responsible business practices, showcasing its dedication to societal and environmental well-being. Its association with these organizations underlines a proactive approach to addressing sustainability challenges and positively contributing to society.
Stakeholder engagement is an integral part of Microchip Thailand’s corporate culture, deeply rooted in its 11 Guiding Values. These values serve as the cornerstone of the company, ensuring that interactions with stakeholders, including investors, employees, customers, local communities, government bodies, and suppliers, align with respective expectations and concerns. This comprehensive approach to stakeholder engagement plays a pivotal role in realizing broader objectives of environmental sustainability, social responsibility, and ethical corporate governance.
Microchip Thailand’s corporate social responsibility commitment is built on professional ethics and social responsibility. Its Code of Business Conduct and Ethics emphasizes compliance with laws, human rights protection, and the prevention of forced labor. These principles apply to internal operations and the supplier network, reflecting the company’s dedication to ethical business practices and adherence to international laws against bribery and unethical conduct, such as the Foreign Corrupt Practices Act (FCPA), the UK Bribery Act, and China’s Criminal Law.
Microchip Thailand is equally dedicated to the well-being and growth of its employees, having been recognized as an excellent workplace by Newsweek magazine in partnership with the Best Practice Institute, where it ranked 11th. This recognition highlights the company’s substantial investments in employee development, safety, and overall welfare. Its focus on fostering a positive workplace culture, offering extensive learning and development opportunities, and building a sense of community underscores its commitment to high performance and ongoing improvement.
Beyond its commitment to employees, Microchip Thailand remains devoted to environmental protection and minimizing its impact on the communities in which it operates. The company’s Environmental, Health, and Safety policy illustrates its concern for employee and community well-being by prioritizing the development and continual improvement of environmental and safety programs. It strives to integrate these considerations into business practices, aligning with current environmental concerns and regulations.