TE Connectivity Achieves Impressive Sustainability Milestones
TE Connectivity Achieves Remarkable Sustainability Success
TE Connectivity, a prominent leader in the world of connectors and sensors, recently announced significant achievements in their sustainability goals. The company has successfully reduced their Scope 1 and 2 greenhouse gas emissions by an impressive 80% from their baseline between the years 2020 and 2024, surpassing their original target of a 70% reduction. This milestone underscores TE's dedication to fostering a sustainable future.
Commitment to Corporate Responsibility
According to CEO Terrence Curtin, the company's corporate responsibility initiatives are in sync with customer expectations globally. TE's commitment drives their continuous efforts in reducing emissions, promoting innovation, and advocating for inclusion within the organization. As the company progresses, teams worldwide are focusing not only on improving energy efficiency but also on creating products that are less carbon-intensive.
Focus on Supply Chain and Innovation
TE Connectivity aims to set clear expectations for their supply chain partners, ensuring that sustainability is a fundamental aspect of their operational strategy and offering cost-competitive solutions to customers. As they advance, TE is determined to maintain performance without compromising their sustainability goals.
Year-over-Year Progress in Emission Reductions
In the fiscal year 2024, TE achieved a notable 30% reduction in Scope 1 and 2 emissions year-over-year. The company's commitment to creating a positive impact is evident in several key achievements:
- Utilization of 87% renewable electricity globally, surpassing the goal of 80% set for 2025, reflecting a 7% increase from last year.
- Achieved a 14% decrease in Scope 3 greenhouse gas emissions since 2022, aiming for a total reduction of 30% by 2032.
- Impacting more than 5 million individuals through philanthropic STEM programs initiated since 2020, moving towards a target of 10 million by 2030.
- Aiming for a zero-incident workplace, TE has reduced its total recordable incident rate to an all-time low of 0.12, with a substantial 80% of TE sites recording one or fewer incidents.
Goal for Zero Waste to Landfill
TE Connectivity has recently established a zero waste to landfill initiative, striving to divert at least 98% of operational waste from landfill or incineration by 2029. They are actively identifying sites that can achieve this target, with twenty-eight TE locations already recognized as zero waste to landfill facilities.
Discover More About TE Connectivity's Commitment
To dive deeper into the company's sustainability initiatives and goals, visit their official sustainability page. There, you can unveil the full extent of TE's One Connected World report which outlines their comprehensive approach to responsible corporate citizenship.
About TE Connectivity
TE Connectivity (NYSE: TEL) is a global industrial technology leader committed to creating a safer, sustainable, and connected future. With a diverse range of products, TE ensures the distribution of power and data in sectors like transportation, energy, and medical technology. The company has a workforce of over 85,000 employees, including 9,000 engineers, collaborating to make every connection count. Learn more about TE Connectivity's solutions and initiatives.
Frequently Asked Questions
What are TE Connectivity's main sustainability achievements?
The company reduced Scope 1 and 2 emissions by 80% and increased their renewable electricity utilization to 87%.
What new goals has TE set for waste management?
TE Connectivity aims to achieve zero waste to landfill by diverting 98% of operational waste by 2029.
How does TE Connectivity support STEM education?
TE has impacted over 5 million individuals through their philanthropic STEM programs since 2020.
What safety measures does TE Connectivity implement?
TE has lowered its total recordable incident rate to 0.12, enhancing workplace safety across its sites.
What is the company's focus for future innovation?
The company prioritizes energy efficiency and developing products that are less carbon-intensive, in line with its sustainability objectives.
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