STOCK TITAN

TE Connectivity named to Dow Jones Sustainability Index for 12th consecutive year

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
TE Connectivity (NYSE: TEL) has been included in the Dow Jones Sustainability Index for the 12th consecutive year, demonstrating its commitment to sustainable business practices and aligning with its long-term economic, environmental, and social criteria. CEO Terrence Curtin emphasizes the company's dedication to creating a safer, sustainable, productive, and connected world through the One Connected World strategy. TE has achieved milestones in renewable energy use, water withdrawal reduction, and greenhouse gas emissions, earning a top 5% governance metric.
Positive
  • None.
Negative
  • None.

SCHAFFHAUSEN, Switzerland, Dec. 13, 2023 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectors and sensors, has been included in the Dow Jones Sustainability Index for the 12th consecutive year. This designation continues to demonstrate TE's dedication to sustainable business practices that provide value to its customers and are aligned with the company's commitments to its owners.

The Dow Jones Sustainability Index analyzes approximately 13,000 companies around the world using the Corporate Sustainability Assessment framework. TE's inclusion places it in the top 10% of the largest companies in the S&P Global Broad Market Index (BMI), based on long-term economic, environmental and social criteria.

"We have committed to our customers, employees and owners to continuously challenge ourselves to create a safer, sustainable, productive and connected world," said CEO Terrence Curtin. "We hold ourselves accountable through our One Connected World strategy, which is focused on operating sustainably and governing responsibly while innovating products that enable a sustainable future and empowering our employees to make an impact both in and outside of TE."

Approximately half of TE's global energy use comes from renewable sources – a milestone met in the past year. Additionally, TE has succeeded in reducing water withdrawal by 15% since 2020 and reducing Scope 1 and 2 greenhouse gas emissions by 34% year-over-year. According to the Corporate Sustainability Assessment score, TE's policies and practices earned a governance metric that places it among the top 5% of its peers.

For more information on corporate responsibility at TE and to view the most recent corporate responsibility report, visit TE.com/responsibility.

ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat, Instagram and X (formerly Twitter).

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/te-connectivity-named-to-dow-jones-sustainability-index-for-12th-consecutive-year-302013600.html

SOURCE TE Connectivity, LTD

FAQ

What is TE Connectivity's ticker symbol?

TE Connectivity's ticker symbol is TEL and it is listed on the NYSE.

How many years has TE Connectivity been included in the Dow Jones Sustainability Index?

TE Connectivity has been included in the Dow Jones Sustainability Index for 12 consecutive years.

What is TE Connectivity's approach to corporate responsibility?

TE Connectivity is dedicated to sustainable business practices and governance, with a focus on creating a safer, sustainable, productive, and connected world through its One Connected World strategy.

What are some of TE Connectivity's achievements in sustainability?

TE Connectivity has achieved milestones in renewable energy use, reducing water withdrawal by 15% since 2020, and reducing Scope 1 and 2 greenhouse gas emissions by 34% year-over-year.

Where can I find TE Connectivity's most recent corporate responsibility report?

For more information on corporate responsibility at TE and to view the most recent corporate responsibility report, visit the company's website.

TE CONNECTIVITY LTD

NYSE:TEL

TEL Rankings

TEL Latest News

TEL Stock Data

43.48B
308.05M
0.15%
94.86%
0.96%
Other Electronic Parts and Equipment Merchant Wholesalers
Wholesale Trade
Link
United States of America
SCHAFFHAUSEN

About TEL

about te connectivity te connectivity (nyse: tel) is a $12 billion global technology leader. our connectivity and sensor solutions are essential in today’s increasingly connected world. we collaborate with engineers to transform their concepts into creations – redefining what’s possible using intelligent, efficient and high-performing te products and solutions proven in harsh environments. our 72,000 people, including over 7,000 engineers, partner with customers in close to 150 countries across a wide range of industries. we believe every connection counts – www.te.com.