S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

MID- AND LONG-TERM DECARBONIZATION TARGETS

Emissions

UN SDG

Mid-term Targets

Long-term Targets

• Reduce emissions by 85% from 2014 to 2030 • Reduce natural gas use by 30% from 2014 to 2030 • Reduce SF 6 gas emissions by 89% from 2014 to 2030 • Eliminate SF 6 gas use in Scada-Mate® Switching Systems by 2030 • Develop roadmap to invest in renewable energy generation by 2025 • 100% electricity generated via owned or leased renewable energy sources by 2030*

• Reduce emissions by 90%-95% from 2014 to reach net zero target by 2050

Scope 1 – Direct

• Invest in renewable energy generation

Scope 2 – Indirect Purchased Energy

• Develop global baseline by 2025

• To be determined based upon baseline

Scope 3 – Indirect Value Chain

*S&C has purchased renewable energy certificates since 2020 to meet 100% of global electricity use. Read more in Energy Efficiency.

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