TE Connectivity, a pioneer in connectivity and sensors, has once again been named to the Dow Jones Sustainability Index. This achievement marks TE's ninth consecutive year on the Index and follows the release of TE's first-ever enterprise-wide corporate responsibility strategy, One Connected World.
Each year, the Dow Jones Sustainability Index analyses more than 7,300 companies around the world, reviewing their environmental, social and governance (ESG) performance.
Key reference point
Companies that show strong commitments and progress toward strengthening their ESG performance are named to the Dow Jones Sustainability Index, which serves as a key reference point for investors seeking to invest in sustainable companies. TE's One Connected World strategy and its 2030 ambitions, launched this past summer, create a roadmap for improving TE's sustainability performance and how sustainability will be prioritised over the next ten years.
TE employees work every day to make our company and the world more sustainable"
"TE employees work every day to make our company and the world more sustainable," said John Jenkins, executive vice president and general counsel. "Each of us plays a role in sustainability, from designing our products to managing our operations to our corporate governance and beyond. I'm proud these efforts have been recognised by the Dow Jones Sustainability Index and look forward to more progress as we pursue our One Connected World 2030 ambitions."
Responsible sourcing decisions
Some of TE's notable sustainability achievements include:
- 74% of TE sites finished the year with zero or one recordable incident, a 65% improvement since FY2010
- Reduced overall energy use intensity by 40% and greenhouse gas emissions by 25% since FY2010
- Collected 114,000 responses to TE's annual Conflict Minerals Report, helping TE and its suppliers continue to make responsible sourcing decisions
- Donated $5.6 million through TE and the TE Foundation to support charitable causes important to its employees and communities
The DJSI listing follows several other awards recognising TE's responsible business practices this year, including FORTUNE's 2020 List of World's Most Admired Companies and Best Places to Work for LGBTQ Equality in the United States and Mexico.
