S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

Water Conservation We leverage lean manufacturing practices, facility upgrades, shared best practices, and conservation efforts to reduce our water consumption. Our manufacturing processes at all our sites (Canada, Mexico, and China) require water use; however, our Chicago facility registers the most water use. To reduce our water consumption, we use the following measures at our sites: • Cooling towers • A dry cooler system • An evaporative fluid cooler • Low-flow devices on faucets and bathroom fixtures

Enhancing Green Spaces for Our Communities and Facilities As part of our commitments to the environment and our communities, S&C dedicates time and resources to creating and enhancing green spaces near our facilities. In July 2023, we unveiled the Arlys Conrad Memorial Park and Native Pollinator Garden at our Chicago campus. The garden is named after Arlys Streitmatter Conrad, wife of John R. Conrad, S&C’s longtime president and son of S&C co-founder, Nicholas Conrad. The 12,500 square foot garden includes 45 plant species, many of which attract pollinators such as butterflies and bees. Soon after the garden’s unveiling, we recorded a sighting of the endangered rusty-patched bumble bee, demonstrating the environmental benefits of this space. The garden is open to the community and provides food and shelter for insects and birds. During Canadian Environment Week, the S&C Canada team spent time planting native trees and foliage in a neighborhood park near our Toronto facility. Team members planted 18 trees and learned about the native Canadian land in the park. Continuing the tradition S&C established in 2022, we donated 3,700 seedling trees to represent S&C team members around the globe. This year, the trees were planted in Chippewa National Forest in celebration of Arbor Day.

Global Water Use (Millions of Gallons)

175

70

65

65

1990s

2021

2022

2023

Global Water Usage Intensity (Gallons/$ Million Revenue)

2021

2022

2023

-44%

-53%

-57%

VARIANCE FROM 2014

23

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