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TE Connectivity's Sustainability Progress Report

TE Connectivity, a prominent global leader in connectors and sensors, has made impressive strides in sustainability, officially reporting a remarkable reduction of 80% in its Scope 1 and 2 greenhouse gas emissions from September 2020 to October 2024. This achievement significantly exceeds the company's original target of a 70% reduction and highlights its commitment to tackling environmental challenges.

In its latest annual report titled One Connected World, released recently, TE Connectivity's CEO, Terrence Curtin, emphasized that these corporate responsibility ambitions meet the expectations set by global customers and normative industry standards. This report underscores the company's proactive approach in addressing emissions reduction, promoting innovation, and fostering inclusion across its operations.

Curtin noted, “Our team has made significant strides toward these goals. As we look ahead, we will continue to enhance energy efficiency, promote less carbon-intensive product designs, and collaborate with our supply chain partners to define clear expectations.” This forward-thinking approach aims to ensure that sustainability and high performance are interwoven into the company's operations.

Yearly Progress Highlights

During the fiscal year 2024, TE Connectivity achieved a notable 30% reduction in Scope 1 and 2 emissions compared to the previous year. Some of the critical highlights from their recent initiatives include:

• - Global renewable electricity usage has soared to 87%, surpassing the company’s goal of 80% by 2025, marking a 7% increase in just one year.
• - TE Connectivity successfully cut its Scope 3 greenhouse gas emissions by 14% since 2022, targeting a broader goal of a 30% reduction by 2032.
• - More than 5 million individuals have benefited from the company's philanthropic programs in STEM education since 2020, advancing towards a commitment to impact 10 million people by 2030.
• - The total recordable incident rate has been reduced to an all-time low of 0.12, as part of the initiative to create a zero-incident workplace.

- Notably, 80% of TE sites recorded one or fewer workplace injuries, while 61% had no injuries at all.

Toward Zero Waste

In a groundbreaking move, TE Connectivity has also announced a zero waste to landfill initiative. The goal is to divert a minimum of 98% of operational waste from landfills or incineration by the fiscal year 2029, achieved through strategies such as waste prevention, reuse, recycling, and energy recovery. Currently, 28 company sites have already been designated as zero waste to landfill locations.

For those looking to explore more about TE Connectivity’s sustainability journey, the full One Connected World report is available at te.com/sustainability and gives an in-depth look at the company’s efforts and future plans.

About TE Connectivity

TE Connectivity (NYSE: TEL) stands out as a global industrial technology leader dedicated to fostering a safe, sustainable, and productive future. The company's extensive range of connectivity and sensor solutions plays a crucial role in allowing the distribution of power, signals, and data, propelling advancements in various sectors such as next-generation transportation, energy networks, automated factories, medical technology, and more. With over 85,000 employees and 9,000 engineers operating in approximately 130 countries, TE Connectivity aims to ensure that every connection counts. To learn more about their initiatives, visit their official website at www.te.com or connect with them on social platforms like LinkedIn, Facebook, WeChat, Instagram, and X (formerly Twitter).