Industrial technology company TE Connectivity announced today a long-term ESG and corporate responsibility strategy, including updated sustainability and charitable targets for 2030.
TE’s “One Connected World” strategy sets out 9 goals for the company to meet by 2030, including:
- Embed sustainability in product creation at TE
- Partner with our direct and logistics suppliers to strengthen the sustainability of our supply chain; align our new construction with the Sustainable Facility Initiative
- Zero-accident workplace
- 100% of facilities in water-scarce locations meet reduction targets
- Decrease waste disposed
- 35%+ reduction in greenhouse gas emissions
- Strengthen our workplace culture, in which all differences are valued and all opinions count
- Impact 3 million people in next-generation technology education
- Implement a global human rights program
TE stated that it will measure its progress toward these goals and report out annually in its corporate responsibility report starting with the FY2020 report. The company also announced that this year’s report is aligned for the first time with the Sustainability Accounting Standards Board (SASB) standards.
TE Connectivity CEO Terrence Curtin said:
“At TE, we have had an ongoing and transparent record of environmental, social and governance reporting through our annual corporate responsibility report and I’m proud of our progress over the past 10 years. Now, we are evolving our strategy to the next level with One Connected World, which builds on our purpose of creating a safer, sustainable, productive and connected future and provides a roadmap for us to make a measurable impact over the next decade.”