TE Connectivity reports significant progress toward long-term sustainability goals
Get Alerts TEL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.6%
Revenue Growth %: +11.3%
Join SI Premium – FREE
"Our corporate responsibility ambitions align with the expectations of our global customers and guide TE's efforts across emissions reduction, innovation and inclusion. Our team has made significant strides toward these goals," said CEO
In FY2024, TE reduced its Scope 1 and 2 emissions by 30% year over year. Other highlights of its progress in the last year include:
- 87% renewable electricity use globally (up 7% since last year), exceeding TE's goal of 80% by 2025
- 14% reduction in Scope 3 greenhouse gas emissions since 2022, toward a goal of 30% reduction by 2032
- More than 5 million individuals impacted through philanthropic STEM programs since 2020, toward a goal of 10 million by 2030
- Reduced total recordable incident rate to 0.12, a record low, toward a goal of a zero-incident workplace
- 80% of TE sites had one or fewer recordable injuries
- 61% had zero injuries
TE also set a new zero waste to landfill goal. The company aims to divert at least 98% of all operational waste from landfill or incineration through prevention, reuse, recycling or energy recovery by FY2029. Twenty-eight TE sites have already been identified as zero waste to landfill sites.
Visit te.com/sustainability to view the full One Connected World report.
About TE Connectivity
TE Connectivity (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat, Instagram and X (formerly Twitter).
View original content to download multimedia:https://www.prnewswire.com/news-releases/te-connectivity-reports-significant-progress-toward-long-term-sustainability-goals-302424141.html
SOURCE TE Connectivity plc
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FROM YOUNGSTAR TO GRAND SLAM CHAMPION: LINDA NOSKOVÁ CONQUERS WIMBLEDON
- Historic Bipartisan Housing Law Expands ADU Financing, Modernizes Manufactured Housing, and Creates New Opportunities to Increase America's Housing Supply
- Markets Reach New Highs as ELEKTROS Celebrates a 10.38% Friday Gain and Advances Its Long-Term Vision for a Next-Generation High-Speed EV Charging Infrastructure Network
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share