TE's 2030 Sustainability Strategy has made steady progress after one year of implementation

TE Connectivity's 2030 Sustainability Strategy Has Made Steady Progress One Year into Implementation

For more details on progress, please see TE's 2020 Corporate Responsibility Report.

SCHAFFHAUSEN, Switzerland – May 25, 2021 – In the first year of implementing its One Connected World strategy, TE Connectivity (TE) continued to improve its product design, manufacturing and transportation, taking a solid first step towards achieving the 2030 sustainability goals announced by the company last year.

In the past year, TE has successfully stepped into the track of achieving several major sustainable development goals for 2030 through actions such as reducing greenhouse gas emissions, lowering energy consumption, and saving water. The company also provides STEM (science, technology, engineering and mathematics) education grants through TE and TE Connectivity Foundation, benefiting more than 650,000 people to inspire the growth of the next generation of engineers and continue to move towards the goal of benefiting 3 million people by 2030.

“TE works closely with customers to help create sustainable technologies, including electric vehicles and more efficient data centers. We also help with solutions to ensure that renewable energy sources, such as wind turbines and photovoltaic modules, are connected to the grid,” said Terrence Curtin, CEO of TE Connectivity. “As our products help the development of sustainable technologies and reduce the impact on the earth’s resources, it is also important to know how we produce our products in a sustainable way. I am pleased that our employees, customers and shareholders have fully supported and endorsed TE’s ‘One Connected World’ strategy. I am also confident in our commitment to achieving our 2030 goals.”

In order to achieve its 2030 goal, TE has integrated the concept of sustainability into all aspects of its business. For example, TE's two major factories in Germany have achieved a net carbon footprint of zero in 2020 through their own solar power generation and support for climate protection projects. In terms of products, TE has innovated electroplating, one of its core manufacturing processes, and adopted a new surface treatment technology for automotive parts. This technology consumes only a small amount of water and can reduce energy consumption by 35%. In addition, TE has also improved its product transportation packaging to make it more environmentally friendly. This method reduces the packaging materials required by 30% and is 100% recyclable.