Sub-theme: Electric vehicles
TE Connectivity is a US-based manufacturer of electronic components and wireless systems. The company’s main market is the automotive industry where its products are used to improve safety and fuel efficiency through increased levels of automation and electrification. The company does also sell products into industrial and telecommunications markets where they are often used in applications to help improve energy efficiency and safety.
Impact Score: 11%
TE Connectivity’s wide range of products are typically used in the management and distribution of electrical power. With more renewable power these products help decarbonize key markets such as the automotive and manufacturing sectors.
Fundamental Quality: 76%
Electrification of key markets provides good growth opportunities for TE Connectivity. The company has an experienced management team which has developed a strong franchise in its markets. TE Connectivity also has demonstrated excellent performance on critical ESG issues.
(per £1m invested)
- Auditor independence
- Director overboarding
- Executive remuneration
- Product impact
- Net Zero Carbon targets
- Electrical waste at end of life
- Use of hazardous chemicals in manufacturing
- Military involvement (<5% of sales)
- Some products are used in internal combustion engines
