TE Connectivity, a pioneer in connectivity and sensors, has been named to the Dow Jones Sustainability Index for the eighth consecutive year, showcasing its long-term economic, social and environmental impact on the world.
In fiscal year 2018, TE continued to implement sustainability initiatives across both operations and products. Since 2010, the company has achieved a 30% reduction in energy use and a 38% reduction in greenhouse gas emission.
Demonstrating Similar Core Values
TE extends its sustainability efforts into the company's supply chain by partnering with companies that demonstrate similar core values. In fiscal year 2018, TE added more than 5,000 additional certifications to the TE Guide to Supplier Social Responsibility and contributed $4.2 billion to local economies through the company's localised supply chain.
The Dow Jones Sustainability Indices evaluate the sustainability performance of 2,500 companies
The Dow Jones Sustainability Indices evaluate the sustainability performance of the largest 2,500 companies listed on the Dow Jones Global Total Stock Market Index. They are the longest-running global sustainability benchmarks worldwide and have become the key reference point in sustainability investing for investors and companies alike.
Responsible And Sustainable Business Practices
"We're proud that our efforts to create a safer, sustainable, productive and connected future have again been recognised by the Dow Jones Sustainability Index," CEO Terrence Curtin said. "We're committed to creating technology that is helping to make the world a better place through responsible and sustainable business practices."
TE continues to engage employees in inclusion and diversity efforts across the globe, with an increasing number of employees participating in employee resource groups and more than 30,000 employees participating in inclusion and diversity events in fiscal year 2018. TE and the TE Connectivity Foundation donated more than $5 million to charities around the world and TE employees volunteered more than 36,000 hours with non-profits.