Samtec Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:21,641 tCO2e (location-based Scope 1 & 2)
Scope 1 Emissions:476 tCO2e/year
Scope 2 Emissions:21,165 tCO2e/year
Renewable Energy Share:7% of total energy use
Total Energy Consumption:63,006 MWh/year
Water Consumption:83,526,992 gallons/year
Waste Generated:1,018,406 lbs/year
Carbon Intensity:36.8 MT CO2e per $1 Million in revenue
ESG Focus Areas
- Environmental
- Social
- Governance
- Equal Opportunity
- Ethical Business
- Innovation
- Quality of Life
Environmental Achievements
- Increased share of renewable energy in global energy mix to over 7% (up from 2% in 2022)
- Installation of roof-mounted solar grids at Johor Bahru facility, generating approximately 20% of the facility's electricity and reducing CO2e emissions by 1600 metric tons annually.
- Green Power Agreements in Colorado Springs, CO, and Scottsburg, IN.
Social Achievements
- Continued support for Samtec Associate Foundation, providing assistance to associates in times of need.
- Various health and well-being initiatives across global locations, including counseling, wellness screenings, and vaccination clinics.
- Extensive training and development programs, including Samtec University and LinkedIn Learning subscriptions, averaging 37 hours of training per associate annually.
- Community involvement initiatives, including grants, sponsorships, and volunteering, totaling over $1 million in 2023.
Governance Achievements
- No incidents of discrimination, corruption, or breaches of customer data reported.
- Implementation of a comprehensive compliance framework encompassing global operations and adherence to ethical standards.
- 100% of associates completed new hire Code of Conduct training.
Climate Goals & Targets
Short-term Goals:
- Reduce emission intensity by 5% (Scope 1 & 2) by 2024
- Increase share of renewable energy in global energy mix to roughly 10% by 2024
- Conduct a formal greenhouse gas (GHG) Scope 3 screening by 2024
Environmental Challenges
- Reducing Scope 3 emissions
- Further reducing Scope 1 and 2 emissions
Mitigation Strategies
- Formal Scope 3 screening to identify and prioritize impactful categories for future reduction efforts.
- Strategies to decrease Scope 1 and 2 emission intensity, including internal reduction efforts, green power agreements, renewable energy credits (RECs), and carbon credit projects (CCPs).
Supply Chain Management
Supplier Audits: Regular audits of critical and strategic suppliers.
Responsible Procurement
- Emphasis on responsible sourcing, transparency, accountability, and adherence to ethical standards and global regulations.
- Supplier Quality Assurance Manual (SQAM)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UNGC, GRI, Greenhouse Gas Protocol, EcoVadis, CDP
Certifications: ISO-9001, ISO 14001, ISO 50001, IATF-16949
UN Sustainable Development Goals
- All 17 SDGs
Samtec's Samtec Sustainability Goals (SSGs) are built from the UN Global Compact’s 17 Sustainable Development Goals (SDGs) and 10 Principles.
Awards & Recognition
- Six Samtec Authors Win DesignCon Best Paper Awards
- Bishop European Customer Survey: Samtec #1 Again, 12th Time
- Schneider Electric Preferred Supplier Award (October 2023)
- PK Components Best Supplier of 2023
- SPEDI Award 2023 (Syndicat Professionnel de la Distribution Electronique Industrielle)
- Rohde & Schwarz top supplier
- Sager Electronics Diamond Confidence award for Overall Top Supplier Performance (2022, 2023)
- Colorado Springs Best Workplaces (2021, 2022, 2023)