TE Connectivity Achieves Sustainability Recognition
TE Connectivity (NYSE: TEL), a global leader in connectors and sensors, has successfully secured a position on the Dow Jones Sustainability Index for the 13th consecutive year. This achievement underscores the company’s unwavering dedication to sustainable business practices and its positive influence on the environment.
Commitment to Sustainability
Terrence Curtin, the CEO of TE Connectivity, expressed pride in the company's ongoing commitment to sustainability, stating, "It is important to all of us at TE that we have a positive impact on the world around us. We continue to prioritize sustainability in our products and practices to drive future growth and help us work toward a better tomorrow." This ethos has driven TE’s efforts in creating solutions that not only fulfill customer needs but also foster environmental stewardship.
Criteria for Inclusion and Achievements
The Dow Jones Sustainability Index evaluates over 13,000 companies worldwide using a robust Corporate Sustainability Assessment framework. TE Connectivity's inclusion in this prestigious index places it among the top 10% of the largest companies in the SP Global Broad Market Index. This ranking is based on various factors, including long-term economic performance, governance, environmental impact, and social responsibility.
In the past year, TE Connectivity has made significant progress toward greenhouse gas reduction, with its near-term targets being validated by the Science Based Targets Initiative. This leading standard-setting organization recognized TE's efforts to address climate change through ambitious goals. Impressively, TE has achieved a 72% reduction in Scope 1 and 2 emissions since 2020, demonstrating its proactive approach to mitigating environmental impacts.
Moreover, TE Connectivity has embraced renewable energy, with over 77% of its energy requirements met through sustainable sources. This commitment not only benefits the planet but also enhances the company's operational efficiency.
Ongoing Efforts and Future Outlook
TE Connectivity's dedication to sustainability is backed by detailed corporate responsibility reports, which highlight their strategies, successes, and ongoing initiatives in this critical area. Interested parties can visit
TE.com/sustainability to access the latest information on their sustainable practices and initiatives.
As a global industrial technology leader, TE Connectivity harnesses innovation to create a safer, more sustainable, and interconnected future. With over 85,000 employees, including 9,000 engineers operating in approximately 130 countries, TE Connectivity is well-positioned to maintain its momentum in achieving its sustainability goals while advancing industries such as transportation, renewable energy, and medical technology.
In summary, TE Connectivity's recognition on the Dow Jones Sustainability Index for the 13th year in a row reflects its steadfast commitment to integrating sustainability into its core operations and decision-making processes. It stands as a testament to what can be achieved through dedicated environmental responsibility and innovative practices. TE Connectivity is not just focused on technological advancement but is also passionate about making a real difference in the world, ensuring that every connection they make counts toward a better future.