TE Connectivity plc (TEL) — ESG & Values Scores

Environment story

TE Connectivity has achieved substantial operational decarbonization (>80% reduction in absolute Scope 1&2 emissions from fiscal 2020–2025, 80% renewable electricity achieved in 2025), and holds SBTi-validated near-term targets aligned with climate science. However, Scope 3 supply-chain emissions (representing >70% of total footprint) show only a 30% reduction target by 2032 with no baseline year explicitly stated as achieved. The company has achieved water withdrawal reductions (>25% from 2020–2025) and hazardous waste reduction targets (15% by 2025). Environmental remediation liabilities at current/former sites range $18–44 million, with $23 million accrued. No major environmental controversies, fines, or toxic-waste litigation are disclosed in the 10-K. The company reports ongoing investigation and remediation of hazardous contamination at multiple sites but notes these do not anticipate material capital expenditures for GHG compliance in fiscal 2026. Supply-chain decarbonization initiatives are noted but lack quantified intensity metrics for product use-phase emissions (Scope 3), particularly for high-energy applications such as data centers for AI. The narrative indicates strong operational execution but incomplete supply-chain transparency.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

Scope 1&2 GHG Reductions

Achieved >80% reduction in absolute GHG emissions for Scopes 1&2 from fiscal 2020 to fiscal 2025; 70%+ reduction achieved by fiscal 2030 (target baseline 2020).

Verified by SBTi; company listed on 'Companies Taking Action' dashboard.
Renewable Electricity Transition

80% renewable electricity use in operations achieved by fiscal 2025; part of mid-term sustainability goals.

Reduces operational Scope 2 emissions; no offset reliance stated.
Water Withdrawal Reduction

>25% reduction in total water withdrawal from fiscal 2020 to fiscal 2025; 15% reduction at high/extremely high water-stress sites achieved by fiscal 2025.

Demonstrates operational efficiency; targets achieved.
Hazardous Waste Reduction

15% reduction in hazardous waste disposed achieved by fiscal 2025 (baseline fiscal 2021).

Completed target; reduces environmental liability footprint.
Scope 3 Supply-Chain Decarbonization

Company exploring opportunities with direct suppliers and logistics providers to strengthen environmental sustainability; 30% reduction target in absolute Scope 3 emissions by fiscal 2032 (baseline fiscal 2022).

Target-setting underway; quantified progress not yet disclosed.
Product Efficiency Support

Company helps customers produce smaller, lighter, and more energy-efficient products to reduce environmental impact throughout product life.

Indirect Scope 3 mitigation; aligns with customer sustainability demands.

Social story

TE Connectivity maintains a global workforce of approximately 93,000 employees (55,000 in manufacturing) across 150 nationalities in 50+ countries, with >40% women workforce representation. The company reports strong engagement metrics (88% participation in annual survey; year-over-year improvement across engagement, inclusion, well-being, and leadership effectiveness indices). Eight active employee resource groups (ERGs) with 12,000+ members support inclusion. However, the 10-K does not disclose the CEO-to-median-worker pay ratio, executive/board gender or underrepresented racial/ethnic diversity percentages, or any formal union-standing disclosures (recognition, neutrality agreements, or NLRB complaints). The company established a Human Rights Committee in fiscal 2024 and maintains a modern slavery policy and human rights policy, but does not report supply-chain audit findings, conflict-mineral sourcing issues, or living-wage commitment verification. OSHA total recordable incident rate was 0.06 per 100 employees in fiscal 2025 with zero fatalities. No material labor disputes, strikes, or union-suppression controversies are disclosed. Overall, the company demonstrates commitment to inclusion and safety but lacks transparency on executive-to-worker pay equity and quantified diversity metrics in technical/executive leadership.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

Inclusion and Diversity Infrastructure

Eight active ERGs (African Heritage, ALIGN, Asian Heritage, Latin Heritage, TE Veterans, TE Young Professionals, THRIVE, Women in Networking) with 12,000+ members; voluntary participation; company-sponsored, employee-led model.

Supports employee belonging and development; integrated into talent strategy.
Employee Engagement & Development

Annual digital survey in 22 languages; 88% participation rate in fiscal 2025. LEARN@TE platform provides instructor-led and self-directed courses. SET leadership expectations embedded in all leadership programs.

Year-over-year improvement in engagement, inclusion, well-being, and leadership effectiveness; favorable vs. external manufacturing benchmarks.
Talent & Succession Planning

Robust annual talent/succession planning process; focus on high-performing, high-potential, and globally diverse talent; critical-role succession planning conducted with CEO and senior leaders.

Management team average >25 years industry experience; continuity and diversity in leadership pipeline.
Health, Safety & Well-being (Mission Zero)

OSHA recordable incident rate 0.06 per 100 employees; zero employee/contractor fatalities in fiscal 2025. Mission Zero strategy engages all employees; compliance audits and internal processes to mitigate workplace hazards.

Injury-free workplace aspiration; strong safety culture.
Human Rights & Modern Slavery Policy

Global human rights policy; human trafficking and modern slavery policy established; Human Rights Committee of cross-functional leaders established fiscal 2024 to assess and mitigate operational and supply-chain human rights risks; roadmap to strengthen approach in development.

Governance-level oversight of human rights; supply-chain audits initiated but not quantified.

Governance story

TE Connectivity changed jurisdiction of incorporation from Switzerland to Ireland effective September 30, 2024, simplifying share capital management but introducing Irish law governance differences. Board independence percentage not disclosed; no evidence of dual-class share supermajority founder voting (single share class noted). The company maintains standard corporate governance structures: five-year unsecured senior credit facility with financial covenants (Consolidated Total Debt to EBITDA ratio <3.75×), no present covenant violations, and no active antitrust, securities fraud, or major regulatory proceedings disclosed. Lobbying expenditures and political action committee contributions are not disclosed in the 10-K. No shareholder activism, climate litigation, or ESG-related shareholder proposals are reported. The company's Irish articles of association include standard anti-takeover provisions (mandatory bid rules, substantial acquisition rules, share transfer restrictions including potential stamp duty). The 10-K discloses no patent infringement litigation, insider trading violations, privacy/data-protection fines, or consumer-protection consent decrees. Risk factors acknowledge cybersecurity, antitrust compliance, and FCPA/bribery law exposure, but no active material proceedings are noted. The governance profile is standard for a multinational industrial manufacturer with no disclosed material breaches or controversies.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

SBTi-Validated Climate Targets

Company listed on SBTi 'Companies Taking Action' dashboard; near-term, mid-term, and long-term GHG reduction goals validated by science-based criteria.

Governance-level commitment to climate transparency and third-party verification.
Debt Covenant Compliance & Financial Oversight

Five-year unsecured senior revolving credit facility ($1.5 billion) with financial ratio covenant (Consolidated Total Debt to EBITDA <3.75×). Commercial paper program in place. No covenant violations as of fiscal 2025.

Maintains financial discipline and lender confidence; no liquidity stress.
Management Development & Compensation Committee Oversight

Board committee oversees human capital policies, talent management, culture, diversity/inclusion, and management development for senior executives and succession planning.

Governance-level oversight of human capital risk and ESG integration.
Cybersecurity & Information Security Governance

Company maintains global environmental, health, and safety programs; compliance auditing and training; trade compliance organization for regulatory adherence. No material cybersecurity breach impact disclosed.

Proactive governance of operational and regulatory risk.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of TE Connectivity plc. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open TE Connectivity plc in the app for interactive charts and portfolio building.

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