S&C Electric Company 2024 Sustainability Report

CUSTOMER-CENTERED INNOVATION

INTRODUCTION

PEOPLE-FIRST CULTURE

OPERATIONAL EXCELLENCE

GRI INDEX

SCOPE 3 EMISSIONS In 2024, we established a global Scope 3 emissions baseline using the GHG Protocol spend-based method to calculate our emissions from purchased goods and services, operational waste, employee commuting, business travel, upstream transportation, and fuel and energy. As a result, we quantified Scope 3 as the largest source of GHG emissions at S&C, driven by emissions in our supply base. This activity also expanded our initial estimations of U.S.-based spend to global operations. As an outcome of our baseline calculation and establishment, we have developed a supplier survey that launched in early 2025. Data collected will allow us to more accurately calculate the environmental impact related to our value chain and create action plans to develop reduction initiatives. Scope 3 emissions are estimated to account for 80 percent of S&C’s total emissions. As a result, we believe our action plan and collaboration with suppliers will play a key role in reducing our environmental impact.

Global GHG Emissions (MT CO 2 e) 1,2,3

Global Scope 1 GHG Emissions 1 (MT CO 2 e) 1,2,4

34,420 111,248

76,828

11,779

2024 23,757 22,645 46,402

76,828

41,596 40,961

14,980 8,011 22,991 2024

61,829

19,218 18,910

19,218 22,378

19,359 21,602

11,250 7,660

10,439 8,648

2014 (baseline)

2022

2014 (baseline)

2022

2023

2023

FUGITIVE SF 6

STATIONARY SOURCES

SCOPE 1

SCOPE 2 (LOCATION-BASED)

Global GHG Emissions Intensity (Scopes 1 & 2 MT CO 2 e/$ Million Revenue) 1

Global Scope 3 Emissions (MT CO 2 e)

Scope 3 Category 2024 Scope 3 Emissions Purchased Goods 160,187 Waste 2,077 Commuting 12,408 Business Travel 1,460 Upstream Transportation 693 Fuel and Energy 25,648 Total Scope 3 Emissions 202,473

2022

2023

2024

-77%

-79%

-81%

VARIANCE FROM 2014

1 2022 data in this report may not be consistent with data in the 2022 S&C Sustainability Report because of inconsistencies identified by a third-party audit conducted in 2023. 2 2024 Scope 1 emissions increased due to an increase in fugitive SF 6 emissions from equipment and operational inefficiencies. Scope 1 emissions were minimally impacted by other sources such as natural gas consumption, fuel usage, and applicable refrigerants, all of which remained consistent from 2023 to 2024. 3 2024 Scope 2 location-based emissions slightly increased due to an increase in global electricity usage. 4 Fugitive SF 6 gas and stationary source emissions presented in this chart may not add up precisely to the totals provided because smaller sources included in the totals are not shown in this chart.

S&C 2024 Sustainability Report

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