5 questions with STMicroelectronics Honorary Chairman Pasquale Pistorio

A recent keynote speaker at the inaugural National Energy EfficiencyConference co-organised by EMA with EDB and NEA, Mr Pasquale Pistorio is Honorary Chairman of STMicroelecronics and of STFoundation. He is also Founder and President of the Pistorio Foundation, a non-profit organisation that aims to assist underprivileged children in the fields of education, nutrition, and primary healthcare. Throughout his career, Mr Pistorio has been a staunch advocate of environmental protection and corporate social responsibility. He passionately believes that companies should continually strive to be at the forefront of the sustainable development movement.

Q1. You recently commented that the medium-term solution to tackling the energy challenge lies in energy efficiency and conservation, as well as renewable energies. What do organisations--both public and private sector--need to do in this regard.
Q2. As CEO of STMicroelectronics, you made a US$300 million investment to improve energy efficiency that saved the company US$900 million over 10 years. Based on your experience, what are some of the policies and high-impact technologies that companies should evaluate for implementation.
Q3. Technological innovations have helped to make available new energy sources, but at the same time our over-reliance on technology is also to blame for climate change and other eco issues. How does one reconcile the two.
Q4. You mentioned WWF's report in your speech at the inaugural National Energy Efficiency Conference (NEEC) in Singapore that renewable sources could meet the world's energy needs by 2050. What do you think are the existing renewable sources that have the most potential in the next 10 years to reduce our reliance on fossil fuels, particularly in Asia.
Q5. As a staunch advocate of environmental protection, what inspires your continued commitment in this area?

As a citizen and as a father and grandfather, I want to be sure that every one of us does whatever is necessary to leave to future generations a planet that is as liveable as it was in our time, rather than a planet plagued by dramatic pollution and the devastating impact of global warming.

By: Energy Market Authority (Singapore)