CTS Corporation
Climate Impact & Sustainability Data (2022, 2024)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:182,310 tCO2e (Location Based); 179,478 tCO2e (Market Based)
Scope 1 Emissions:150,125 tCO2e
Scope 2 Emissions:32,185 tCO2e (Location Based); 29,353 tCO2e (Market Based)
Renewable Energy Share:0.04%
Total Energy Consumption:64,823 MWh
Water Consumption:346 Megaliters
Waste Generated:758 metric tons (hazardous)
Carbon Intensity:310 tCO2e/$M Revenue (Location Based); 305 tCO2e/$M Revenue (Market Based)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented a Sustainability Scorecard aligned with SASB standards to track greenhouse gas emissions, water use, waste generation, and energy consumption.
- Acquired TEWA Temperature Sensors, whose facility utilizes solar arrays to reduce energy consumption.
- Continued development of lead-free piezoelectric ceramics.
Social Achievements
- Increased the number of women in leadership positions from 21% to 26%.
- Established a Diversity, Equity & Inclusion Committee.
- Provided over 3,500 hours of training focused on executive leadership skills and behavior.
- Employees invested over 4,400 hours in community service through CTS Cares.
Governance Achievements
- Expanded the role of the Compensation and Talent Committee to improve Board visibility on talent and diversity initiatives.
- Established a structured process to collect, measure, and assess ESG-related data.
Climate Goals & Targets
Short-term Goals:
- More than 25% of sales of components for light vehicles from electrified platforms by 2025.
Environmental Challenges
- Developing lead-free piezoelectric ceramics to replace lead-based systems.
- Improving data collection and tracking processes for ESG metrics.
Mitigation Strategies
- Secured funding to develop next-generation textured lead-free piezoelectric ceramic materials.
- Implemented a Sustainability Scorecard and utilized a third-party expert to develop a greenhouse gas inventory.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Sustainable Products & Innovation
- Lead-free piezoelectric ceramics
Reporting Period: 2024
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct