Sensata Technologies Achieves GHG Emissions Reduction Goals and Improves Employee Health and Safety
June 29 2023 - 9:03AM
Business Wire
- Sensata highlights the performance of its environmental,
social and governance (ESG) Strategy in its third annual
sustainability report.
- The company exceeds its 2026 goal to reduce GHG emissions
intensity based on revenue and sets new goal to reduce Scope 1 and
2 market-based GHG emissions intensity by an additional 5% in 2023
from 2022.
- Additional highlights include improvements in global
employee health and safety and response rates for Sensata’s
responsible sourcing campaign.
Sensata Technologies (NYSE: ST), has published its third annual
‘Powering Possibilities Together’ Sustainability Report,
highlighting improvements in reducing GHG emissions intensity,
renewable energy sourcing and employee health and safety.
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Sensata Technologies’ third annual
Sustainability Report highlights improvements in reducing GHG
emissions intensity, renewable energy sourcing and global employee
health and safety. (Graphic: Business Wire)
Sensata’s 2022 Sustainability Report provides
year-over-year performance updates on the Company’s key material
topics of Diversity, Equity and Inclusion; Energy and Emissions;
and Responsible Sourcing. Sensata provides an overview of its
approach to addressing these focus areas and outlines its new
initiatives for 2023. The report underscores Sensata’s commitment
to transparency and accountability as it documents areas of
improvement as well as challenges in achieving its ESG goals.
Highlights of progress from Sensata’s 2022 Sustainability Report
include:
- Exceeded 2026 goal to reduce GHG emissions intensity based on
revenue ahead of schedule, with a 10.7 percent reduction in Scope 1
and 2 market-based GHG emissions intensity.
- Increased total energy consumption from renewable sources from
1.9% in 2021 to 6.6% in 2022.
- Improvement in all four metrics related to global health and
safety, including 43.8% decrease in Total Recordable Incident Rate
and 50.0% decrease in Lost Day Case Rate.
- Improved supplier response rate from 61.0% in 2021 to 73.3% in
2022 for Conflict Minerals Responsible Sourcing Campaign.
- Improvement in the number of women in management and above
roles from 24.1% in 2021 to 25.7% in 2022.
- Three new partnerships with organizations providing
opportunities to mentor and develop talent in underserved
communities including veterans and Black/African American and
Latinx professionals in technology.
“We believe that supporting our customers’ transition to cleaner
energy will be the most impactful way to do our part to support a
better planet. And this wouldn’t be possible without an empowered
Team Sensata,” said Sensata Technologies CEO and President, Jeff
Cote. “We thank our employees, who have demonstrated steadfast
commitment to their work, supporting our efforts to foster an
inclusive culture, achieve more energy efficiency in our operations
and innovate during a time of tremendous change. While we celebrate
our accomplishments, the work is only beginning as we collectively
address the needs of the cleaner, more efficient and connected
world we envision.”
Read Sensata’s 2022 Sustainability Report and learn more about
how Team Sensata is powering possibilities together for a more
sustainable future at www.sensata.com/sustainability.
About Sensata Technologies
Sensata Technologies is a global industrial technology company
striving to create a cleaner, more efficient, electrified and
connected world. Through its broad portfolio of sensors, electrical
protection components and sensor-rich solutions which create
valuable business insights, Sensata helps its customers address
increasingly complex engineering and operating performance
requirements. With more than 21,000 employees and global operations
in 16 countries, Sensata serves customers in the automotive, heavy
vehicle & off-road, industrial, and aerospace markets. Learn
more at www.sensata.com and follow Sensata on LinkedIn, Facebook
and Twitter and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20230629697268/en/
Investors: Jacob Sayer +1 (508) 236-1666
jsayer@sensata.com
Media: Leila Beardsmore +1 (805) 452-2165
leila.beardsmore@sensata.com
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