INTRODUCTION
OPERATIONAL EXCELLENCE
PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION
GRI INDEX
Global Electricity Use (kWh in Millions)
Energy Efficiency Energy efficiency is a key component of our decarbonization strategy and our commitment to reducing our footprint. We aim to reduce our Scope 1 emissions by conducting energy efficiency audits, reducing our natural gas use, and minimizing emissions from stationary sources, namely boilers, heaters, and ovens. S&C invests in renewable energy certificates and capital improvement projects to drive efficiency, including automation systems, LED lighting, green building practices, equipment upgrades, and electric vehicle (EV) charging stations, which have a direct impact on our Scope 2 emissions. We are also assessing new programs, including renewable energy generation, electrification of our owned and leased vehicle fleets, and installation of additional EV charging stations at our global locations. In support of our goal to reduce our Scope 2 emissions by transitioning our operations to renewable energy sources by 2050, we implemented the following initiatives in 2023: • LED lighting retrofit projects: S&C Toronto completed its LED retrofit project in 2023, and Chicago made substantial progress toward its goal to convert 100 percent of lighting fixtures to LED. As of the end of 2023, 90 percent of the 46-acre campus had been converted, with the remaining work to be completed in 2024. Our Suzhou, China, team also conducted an LED lighting retrofit cost and impact analysis, with implementation expected to begin later in 2024. • EVs: Select S&C sites began offering hybrid vehicle options for those using a company car. In addition, our team in Canada added EV charging stations to the parking lot for team member use. • Solar energy installations: We took initial steps to explore a potential solar installation at our Chicago campus.
51
51
50
41
2022
2023
1990s
2021
Global Electricity Usage Intensity (kWh/$ Million Revenue)
2023
2022
2021
-30%
-36%
-44%
VARIANCE FROM 2014
18
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