S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

Waste Management Our waste management program, which has existed since the early 1990s, focuses on prevention, reuse, recycling, and recovery initiatives, including composting. We design products that enable a circular economy by eliminating waste and pollution while keeping materials in circulation as long as possible. OUR WASTE MANAGEMENT STRATEGY Responsible waste management practices are critical to our circularity strategy, which focuses on diverting as much waste as possible from landfills. Our ultimate goal is to meet and maintain 99 percent landfill-free status at all global manufacturing sites year over year. Based on an analysis completed by the health, safety, environmental & sustainability (HSE&S) team in 2023, we have identified the following strategies as focus areas for 2024: • Streamlining the waste metric calculation and reporting process while ensuring data integrity • Deploying standardized bins and signage across our U.S. manufacturing sites to simplify proper waste separation • Creating a voluntary action team in production operations to help coach team members on waste-related procedures and initiatives • Increasing team member engagement with our waste management program via regular communications

WASTE DIVERTED FROM LANDFILL, GLOBAL WASTE GENERATION In 2023, S&C’s landfill-free performance decreased from 98.71 percent to 96.50 percent. Waste generation increased by 10 percent from 2022 to 2023. The increase is primarily attributed to a single, nonhazardous event that required us to resurface a portion of the parking lot on our Chicago campus. This resurfacing resulted in a large amount of asphalt that couldn’t be recycled or recovered. In addition, we changed our calculation method in 2023 at our Franklin, Wisconsin, facility from using an EPA estimate factor to measuring and recording waste generation onsite. S&C introduced several initiatives in 2023 to advance our 99 percent landfill-free target. At our Mexico facility and all U.S. sites, we introduced new bins, signage, and training to simplify proper waste segregation. We also streamlined our waste metric calculation and reporting process and assigned a dedicated project engineer to optimize our waste management program. To drive team member engagement, we increased communications around our landfill-free initiative and created a voluntary action team in production operations to help coach team members on waste-related procedures.

Global Waste Diverted from Landfills

GLOBAL

Target

99%

93.70% 98.42% 98.71% 96.38%

2018 BASELINE

2021

2022

2023

20

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