S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

LAGGING INDICATORS

SAFETY PERFORMANCE S&C’s safety-first mindset drives our performance. In support of our belief that all injuries are preventable, we track both leading and lagging indicators to gain a holistic picture of our safety data and trends. Leading Indicators Our focus on leading indicators is executed through team member engagement, promotion of a safety-first culture, and monthly safety observations, which allow our teams to proactively identify risks, address concerns, and preempt safety issues. In 2023, our production leaders completed eight observations per month. We are retaining this target for 2024 and encouraging leaders to spread safety observation activities through each month. Lagging Indicators S&C tracks key lagging indicators, including Total Case Incident Rate (TCIR) and Days Away, Restricted, or Transferred (DART), to determine the effectiveness of our safety programs. We continually seek ways to decrease our lagging safety indicators.

Increased rates in 2023 are reflective of a growing workforce with many team members who are new to manufacturing. We implemented expanded training activities and proactive treatment of ergonomic injuries (including sprains and strains to back, shoulders, and arms) to increase engagement with these team members. As a result of our efforts, we recorded the lowest number of recordable injuries that resulted in work restrictions in the fourth quarter of the year. These activities will continue throughout 2024 in an effort to further reduce our lagging safety indicators.

Global TCIR

2.9

2.07

1.29

1.44

Industry average 2

2021

2022

2023 1

Global DART Rate

FATALITIES: 0

1.52

1.1

0.85

2021 0.42

DART 96

Industry average 2

2022

2023 1

RECORDABLE INJURIES 119

1 Rates are calculated per 100 full-time workers. 2 Industry averages were sourced from U.S. Department of Labor NAICS statistics.

FIRST AID, NEAR MISS, EQUIPMENT DAMAGE

1,543

LEADERSHIP WORK OBSERVATIONS, HAZARD IDs, GO-AND-SEE ACTION ACTIVITIES

12,616

SAT & TEAM MEMBER ACTIVITIES

26,154

GLOBAL SAFETY PYRAMID 2023 METRICS

29

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