S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

SCOPES 1 AND 2 GLOBAL GHG EMISSIONS In 2023, a third-party auditor certified our Scopes 1 and 2 emissions for the second year in a row in accordance with the globally recognized Greenhouse Gas Protocol. Our Scope 1 and SF 6 gas emissions increased 3 percent and 12 percent, respectively, compared to 2022. This was attributed to increased sales of one of our product lines containing SF 6 gas. However, process-improvement projects have resulted in a continued decline of our global GHG emissions intensity.

Demonstrating Improvement Through Transparent Reporting We demonstrate our commitment to transparency through our disclosures to CDP, which we have reported to since 2018. In 2023, we achieved a B score (based on 2022 data), indicating steady year-over-year improvement. Our performance improved across most categories, and we will continue to use this as a resource for future reporting.

Global GHG Emissions (MT CO 2 e) 1

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

34,420 111,248

76,828

11,779

Year 2018 2019 2020 2021 2022 2023

Score D D D C C B

41,596

19,359 21,602 40,961

76,828

40,873

61,829

18,303 19,218 22,570 22,378

10,439 8,648 19,218

11,250 7,660 18,910

9,668 8,083 18,303

2014 (baseline)

2021

SCOPE 2 (LOCATION-BASED) 2022 2023

SCOPE 1

2014 (baseline)

2021

2022

2023

FUGITIVE SF 6

STATIONARY SOURCES

Global GHG Emissions Intensity (Scope 1+2 MT CO 2 e/$ Million Revenue) 1

In September 2023, we recognized Zero Emissions Day for the first time at S&C. As part of this celebration, we announced a new commuter program available to our Chicago, Franklin, and Palatine team members. The program offers team members a reliable and sustainable mode of transportation to and from work while also reducing transportation barriers and providing cost savings.

2021

2022

2023

-79%

-77%

-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 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.

17

Made with FlippingBook - Online catalogs