TE Connectivity reports significant progress toward long-term sustainability goals

Core Insights - TE Connectivity has achieved an 80% reduction in Scope 1 and 2 greenhouse gas emissions from September 2020 to October 2024, surpassing its initial goal of 70% [1] - The company aims for a zero waste to landfill goal, targeting at least 98% diversion of operational waste by FY2029, with 28 sites already identified for this initiative [3] - In FY2024, TE Connectivity reduced its Scope 1 and 2 emissions by 30% year over year, and has made significant progress in various sustainability initiatives [2] Sustainability Goals - TE Connectivity has exceeded its renewable electricity use goal, achieving 87% globally, which is a 7% increase from the previous year, surpassing the 80% target set for 2025 [5] - The company has reduced Scope 3 greenhouse gas emissions by 14% since 2022, working towards a 30% reduction by 2032 [5] - Philanthropic STEM programs have impacted over 5 million individuals since 2020, with a goal of reaching 10 million by 2030 [5] Safety and Operational Efficiency - TE Connectivity has achieved a record low total recordable incident rate of 0.12, aiming for a zero-incident workplace [5] - 80% of TE sites reported one or fewer recordable injuries, while 61% had zero injuries [5]