S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

S&C Powered by Diversity S&C continues to advance the DE&I discussion at DISTRIBUTECH International, the leading transmission and distribution event for utilities, technology providers, and industry leaders. At our annual S&C Powered by Diversity luncheon, Anders Sjoelin, our president and CEO, initiated a panel discussion with four leading DE&I advocates in the electrical industry. The event concluded with the unveiling of the S&C Powered by Diversity Award, which honors an electric utility that demonstrates outstanding achievements in the areas of diversity, equity, and inclusion in the workplace.

PROVIDING A WORK ENVIRONMENT OF INCLUSION AND EQUITY We regularly evaluate our benefits and resources and provide learning opportunities that promote an accepting, inclusive environment. Key initiatives from 2023 include: • Expanding benefits for domestic partners • Publishing an LGBTQ+ benefits guide • Partnering with Yale School of Management to offer a Fostering Inclusion and Diversity training session for leaders • Hosting a “Connecting with Others” hands-on workshop for U.S. leaders, which will expand to international locations in 2024 To support our efforts to close pay gaps and provide all team members with opportunites for economic advancement, we educate leaders about pay equity and use pay ranges to align skills and performance with compensation.

For the second year in a row, S&C received a score of 80 on the Human Rights Campaign Corporate Equality Index. This score acknowledges our progress and encourages us to continue advancing equity for both present and prospective LGBTQ+ team members.

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