TE Connectivity named to Dow Jones Sustainability Index for 13th year
TE Connectivity (NYSE: TEL) has been recognized by the Dow Jones Sustainability Index for the 13th consecutive year, highlighting its commitment to sustainable business practices.
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TE Connectivity (NYSE: TEL) has been recognized by the Dow Jones Sustainability Index for the 13th consecutive year, highlighting its commitment to sustainable business practices. The company ranks among the top 10% of the largest companies in the S&P Global Broad Market Index, based on comprehensive economic, governance, environmental, and social criteria.
CEO Terrence Curtin emphasized the company's dedication to making a positive global impact through sustainable products and practices. Notable achievements include having their greenhouse gas reduction targets validated by the Science Based Targets Initiative, achieving a 72% reduction in Scope 1 and 2 emissions since 2020, and sourcing over 77% of their energy from renewable sources.
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News Market Reaction – TEL
The recorded move for TEL in the trading session of this news was +1.25%.
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"It is important to all of us at TE that we have a positive impact on the world around us," said CEO Terrence Curtin. "We continue to prioritize sustainability in our products and practices to drive future growth and help us work toward a better tomorrow."
The Dow Jones Sustainability Index analyzes more than 13,000 companies around the world using the Corporate Sustainability Assessment framework. TE's inclusion places it in the top
Over the past year, TE's near-term greenhouse gas reduction targets across Scopes 1, 2 and 3 were validated by the Science Based Targets Initiative, a leading standard-setting body, as strong enough to mitigate climate change. TE has successfully reduced Scope 1 and 2 emissions by
For more information on corporate responsibility at TE and to view the most recent corporate responsibility report, visit TE.com/sustainability.
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 9,000 engineers, working alongside customers in approximately 130 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat, Instagram and X (formerly Twitter).
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SOURCE TE Connectivity plc
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