TE Connectivity achieves Dow Jones Sustainability Index listing for ninth consecutive yearEngineering360 News Desk | November 16, 2020
Each year, the Dow Jones Sustainability Index analyzes more than 7,300 companies around the world, reviewing their environmental, social and governance (ESG) performance. 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 prioritized over the next 10 years.
Some of TE's notable sustainability achievements include:
- 74% of TE sites finished the year with zero or one recordable incidents, a 65% improvement since fiscal year 2010
- Reduced overall energy use intensity by 40% and greenhouse gas emissions by 25% since fiscal year 2010
- 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 Dow Jones Sustainability Index listing follows several other awards recognizing 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.