S&C Electric Company 2024 Sustainability Report

CUSTOMER-CENTERED INNOVATION

INTRODUCTION

PEOPLE-FIRST CULTURE

OPERATIONAL EXCELLENCE

GRI INDEX

Waste Management

Our waste management program focuses on prevention, reuse, recycling, and recovery initiatives, including composting. Our business model is designed to enable a circular economy by reducing waste in operations and optimizing end products for recyclability. OUR WASTE MANAGEMENT STRATEGY Responsible waste management practices are critical to support our goal to meet and maintain 99 percent landfill- free status at all global manufacturing sites year over year. In 2024, we focused on the following strategies: • Increasing waste audit frequency to inform data-driven initiatives targeting proper waste segregation practices • Piloting new large-format recycling bins, signage, and team training in Chicago to simplify and increase proper waste separation • Training team members on waste-related procedures and initiatives • Increasing team member engagement with our waste management program via regular communications

S&C introduced a variety of initiatives in 2024 to advance our goal of 99 percent waste diversion across our global footprint, including the following: • United Kingdom: Increased our percentage of waste recycled by 11 percent by removing redundant office materials and work equipment • Mexico: Reduced hazardous scrap material by process improvement, resulting in increased recycling rates and achieving 99 percent landfill-free status in September • Canada: Converted materials sent to waste-to-energy (WTE) to recycling via alternative fuel production • China: Phased out disposable serviceware in the cafeteria

Global Waste Diverted from Landfills

GLOBAL

TARGET

99%

97.41%

93.70% 98.71% 96.38%

2024

2022

2023

2018 (baseline)

2024 Global Waste Disposal 1

Global Waste Generation (Millions of Pounds)

79.29%

DIVERTING WASTE FROM LANDFILL ACROSS OUR OPERATIONS

20.56

In 2024, S&C’s landfill-free performance increased from 96.50 percent to 97.41 percent, resulting in an increase of 0.91 percent. Waste generation increased by 16 percent from 2023 to 2024, primarily driven by our business growth.

11.82%

16.05 17.66

4.48%

2.59%

1.07%

0.75%

2022

2023

2024

Compost

Treatment

Waste-to- Energy

Recycled

Reuse

Landfill

1 In 2024, the sustainability team focused on data integrity. As a result, we adjusted our waste-to-energy (WTE) calculation to reflect the EPA’s ash factor, which states 15 to 25 percent of WTE stays as ash in landfills. S&C is using a 15-percent factor now compared with past calculations that used a 10-percent factor.

S&C 2024 Sustainability Report

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