S&C Electric Company 2023 Sustainability Report

INTRODUCTION

OPERATIONAL EXCELLENCE

PEOPLE-FIRST CULTURE CUSTOMER-CENTERED INNOVATION

GRI INDEX

Our Approach to Sustainability

SUSTAINABILITY GOVERNANCE S&C’s sustainability strategy is overseen by our president and chief executive officer (CEO), with roles and accountability established throughout the entire organization.

Our team members and customers are central to our success, and we uphold a culture that keeps them at the center of our decision-making. Our Values & Guiding Principles are the foundation of our approach to sustainability, and we recognize our responsibility to be good stewards of the environment and the communities in which we work. SUSTAINABILITY STRATEGY Our sustainability strategy and pillars directly align with S&C’s corporate strategy and guiding principles, which serve as the foundation for our actions and decision-making. This alignment underscores the importance of sustainability at S&C and its critical integration into the expectations we have for ourselves and our aspirations for the future. We work closely with our customers to deliver innovative solutions for a more resilient and reliable electrical grid. Through these relationships, we address the ever-evolving needs of our industry, stakeholders, and planet through innovation and teamwork. Working together, we enhance existing programs, advance key initiatives, and transform our processes, products, and services in support of S&C’s Vision. In 2023, we emphasized the critical role S&C plays in the ongoing global transition to clean electricity. In response, we strengthened our focus on our Operational Excellence pillar and formalized our commitments to environmental sustainability. Read more in Operational Excellence.

S&C’S SUSTAINABILITY GOVERNANCE STRUCTURE

S&C President and CEO Guides the company’s sustainability strategy and progress Board of Directors Ratifies the company’s sustainability strategy and quantitative targets

Sustainability Steering Committee Includes S&C’s president and CEO (chair); chief operating officer; chief marketing and communication officer; director–global health, safety, environmental & sustainability; director–corporate strategy; and senior manager–environmental services and sustainability Develops and advances our comprehensive sustainability strategy

Senior Manager – Environmental Services & Sustainability Leads S&C’s environmental sustainability strategy while supporting companywide initiatives, baselining, and continuous improvement efforts

Team Members Implement programs and initiatives in support of our sustainability commitments

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