Sustainability

As a global manufacturer, HSconnectivity is dedicated to protecting natural resources and using energy efficiently.

We create positive community impact by providing stable and meaningful jobs while minimising our environmental footprint.

This aligns with the following UN SDGs:

The three pillars of our sustainability strategy:

01
  • 01 Data-led insight
  • 02 A bottom-up approach
  • 03 Group-wide action

Data-led insight

Through the HSconnectivity Sustainability Reporting System

HSconnectivity Sustainability Reporting System

Since FY2021, we have been enhancing our use of our sustainability reporting system. We have established a standardised set of environmental, social and governance (‘ESG’)-related indicators, which are applied across all operating locations. Many of these metrics are reported on in more detail within our sustainability supplement, which we publish annually to support these disclosures.

Since FY2021 we have partnered with UL  utilising their UL 360 Sustainability Essentials solution as our reporting platform. This gives us the capability to capture and report on our ESG data consistently across all parts of our business. We call this platform the HSconnectivity Sustainability Reporting System (‘V-SRS’) and it enables us to deliver consistent management insight across a wide array of environmental, social and governance-related performance indicators, enabling us to efficiently calculate our global carbon emissions, whether at a site, regional or enterprise level.

Using V-SRS enables each of our sites to see their own monthly carbon emissions, as well as many other important key performance indicators, such as energy or water consumption, or the amount of waste produced. All this helps our sites to monitor changes in their emissions dynamically throughout the year. This system also helps us to ensure that we can be increasingly granular and responsive in our disclosures to our external stakeholders, whether their focus is at a site, subsidiary, country or Group perspective.

A bottom-up approach

Through the HSconnectivity Factory Sustainability Framework

Building ‘Excellence in Sustainability’ at a factory level

At HSconnectivity, we expect all our factories to be driving local improvements in their businesses. Our sites vary greatly in terms of size and manufacturing process so the HSconnectivity Factory Sustainability Framework was designed to be a tool for each factory to select their own prioritised improvement actions for the year ahead. Every factory has different priorities and each is at a different stage in its kaizen journey. We worked hard to engage all sites in the design and development of our HSconnectivity Factory Sustainability Framework and in FY2025 we implemented global sustainability standards for all our sites to achieve.

Since FY2021, we have run an annual programme to recognise excellence at a site level. We call this the HSconnectivity Site Excellence Awards. This programme recognises the best achievements across a number of performance categories. Each winning site receives a certificate and trophy. All winning sites then take the time to hold a factory-wide celebration event involving every employee. It is extremely important for us, at HSconnectivity, to take the time ‘at a site level’ to recognise and celebrate our successes with every single employee. In FY2024, as our business has grown, we introduced a size categorisation to this awards programme. We have categories for both our small and large sites, creating a fairer competition and providing us with an additional opportunity to recognise excellence at a site level. Since FY2023 we have included Sustainability as a category. In 2023 and 2024 this award was won by our Henggang (China) plant. In 2025 the award for sustainability excellence was awarded to our InYantra team located in Pune (India).

Group-wide action

Through use of our data and global scale to achieve maximum impact

Consistent policy deployment

At HSconnectivity, we believe in taking action collaboratively and in a coordinated way to simplify the change management complexities and to eliminate duplication of effort. For example, we utilise a whistleblowing solution, in partnership with NAVEX Global, called ‘Speak Up’ and have deployed this globally. All reports are evaluated and the Board receives periodic updates. All group policies are managed centrally and subject to annual review by the Board. Since 2019, we have deployed a consistent approach to evaluating our sites’ safety performance. We have a common health and safety policy, performance metrics and a standardised site safety evaluation framework to encourage the development of a consistent safety culture in all our factories. In FY2025, we published our first Human Rights policy and introduced global minimum standards for sustainability.

Scroll
01
  • 01 Data-led insight
  • 02 A bottom-up approach
  • 03 Group-wide action

Data-led insight

Through the HSconnectivity Sustainability Reporting System

HSconnectivity Sustainability Reporting System

Since FY2021, we have been enhancing our use of our sustainability reporting system. We have established a standardised set of environmental, social and governance (‘ESG’)-related indicators, which are applied across all operating locations. Many of these metrics are reported on in more detail within our sustainability supplement, which we publish annually to support these disclosures.

Since FY2021 we have partnered with UL  utilising their UL 360 Sustainability Essentials solution as our reporting platform. This gives us the capability to capture and report on our ESG data consistently across all parts of our business. We call this platform the HSconnectivity Sustainability Reporting System (‘V-SRS’) and it enables us to deliver consistent management insight across a wide array of environmental, social and governance-related performance indicators, enabling us to efficiently calculate our global carbon emissions, whether at a site, regional or enterprise level.

Using V-SRS enables each of our sites to see their own monthly carbon emissions, as well as many other important key performance indicators, such as energy or water consumption, or the amount of waste produced. All this helps our sites to monitor changes in their emissions dynamically throughout the year. This system also helps us to ensure that we can be increasingly granular and responsive in our disclosures to our external stakeholders, whether their focus is at a site, subsidiary, country or Group perspective.

A bottom-up approach

Through the HSconnectivity Factory Sustainability Framework

Building ‘Excellence in Sustainability’ at a factory level

At HSconnectivity, we expect all our factories to be driving local improvements in their businesses. Our sites vary greatly in terms of size and manufacturing process so the HSconnectivity Factory Sustainability Framework was designed to be a tool for each factory to select their own prioritised improvement actions for the year ahead. Every factory has different priorities and each is at a different stage in its kaizen journey. We worked hard to engage all sites in the design and development of our HSconnectivity Factory Sustainability Framework and in FY2025 we implemented global sustainability standards for all our sites to achieve.

Since FY2021, we have run an annual programme to recognise excellence at a site level. We call this the HSconnectivity Site Excellence Awards. This programme recognises the best achievements across a number of performance categories. Each winning site receives a certificate and trophy. All winning sites then take the time to hold a factory-wide celebration event involving every employee. It is extremely important for us, at HSconnectivity, to take the time ‘at a site level’ to recognise and celebrate our successes with every single employee. In FY2024, as our business has grown, we introduced a size categorisation to this awards programme. We have categories for both our small and large sites, creating a fairer competition and providing us with an additional opportunity to recognise excellence at a site level. Since FY2023 we have included Sustainability as a category. In 2023 and 2024 this award was won by our Henggang (China) plant. In 2025 the award for sustainability excellence was awarded to our InYantra team located in Pune (India).

Group-wide action

Through use of our data and global scale to achieve maximum impact

Consistent policy deployment

At HSconnectivity, we believe in taking action collaboratively and in a coordinated way to simplify the change management complexities and to eliminate duplication of effort. For example, we utilise a whistleblowing solution, in partnership with NAVEX Global, called ‘Speak Up’ and have deployed this globally. All reports are evaluated and the Board receives periodic updates. All group policies are managed centrally and subject to annual review by the Board. Since 2019, we have deployed a consistent approach to evaluating our sites’ safety performance. We have a common health and safety policy, performance metrics and a standardised site safety evaluation framework to encourage the development of a consistent safety culture in all our factories. In FY2025, we published our first Human Rights policy and introduced global minimum standards for sustainability.

A Sustainable Business

As a global manufacturer, HSconnectivity is dedicated to protecting natural resources and using energy efficiently.

We create positive community impact by providing stable and meaningful jobs while minimising our environmental footprint.

This aligns with the following UN SDGs:

UN sdg - 7 - Affordable and clean energy UN sdg - 13 - Climate action
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Responding to Climate crises

At HSconnectivity, our Environmental Policy and Responsible Water Use Policy guide our long-term commitment to sustainability. We are reducing emissions at source, investing in renewable energy, and designing operations that minimise waste and water use.These changes are aligned with our science-based goals—not reliant on offsets—and are already being implemented through sustainability standards which are in place across global sites.By integrating environmental responsibility into how we operate every day, we’re building a business that is not only low-impact and resource-efficient, but is also more resilient to future risks and opportunities. This commitment supports our goal of becoming a zero-carbon business.

Road Map to Net Zero

At HSconnectivity, we recognise the urgent need for businesses to take meaningful action against climate change. Our Net Zero Road Map is grounded in science-based targets that were approved by the SBTi in 2025, using FY2025 as our base year. In the near term, by FY2035, HSconnectivity commits to reducing absolute Scope 1 and 2 (location-based) GHG emissions by 90%. We also aim to cut absolute Scope 3 emissions from fuel- and energy-related activities (Category 3) and waste generated in operations (Category 5) by 90%, while reducing Scope 3 emissions from purchased goods and services (Category 1) and use of sold products (Category 11) by 64% per USD value added. Looking further ahead, our long-term targets for FY2050 focus on maintaining at least 90% reductions in Scope 1 and 2 emissions and achieving a 90% reduction in absolute Scope 3 emissions, ensuring a comprehensive, value-chain-wide approach to reaching Net Zero.

TCFD Integration and Materiality Monitoring

HSconnectivity is committed to transparent, climate-conscious business practices through the integration of climate-related and ESG considerations into the development of our strategy and our decision-making.By aligning with the requirements of the Task Force on Climate-related Financial Disclosures (TCFD), we identify and manage climate risks and opportunities across governance, financial planning, and operations—ensuring resilience in our low-carbon transition.Our materiality assessment further strengthens this approach by focusing on the environmental, social and governance (ESG) issues most relevant to our stakeholders.These insights guide our sustainability initiatives, reinforce responsible business conduct, and support long-term value creation in a rapidly evolving global context.

Supply Chain Sustainability

At HSconnectivity, we are embedding sustainability deep within our global supply chain. Through responsible sourcing, ESG-focused supplier engagement, and localised procurement strategies, we aim to reduce emissions, improve transparency, and uphold ethical standards.Our Supplier Code of Conduct and ESG qualification processes ensure our partners align with our values—from environmental stewardship to human rights. We continue to raise awareness across our teams, evolve audit practices, and strengthen supply chain resilience.By integrating sustainability into procurement decisions, we’re not only reducing risk but also creating shared value. As our business grows, we remain committed to working closely with suppliers to drive positive environmental and social impact.

Product Sustainability

At HSconnectivity, we embed environmental responsibility into our product design and manufacturing processes. From electric vehicles to medical equipment and data centres, our products support sustainability across diverse industries.We focus on eliminating hazardous substances, increasing recyclability, and extending product life through innovation and responsible material choices. Our teams actively design for circularity and comply with evolving global safety and environmental standards.As we advance product lifecycle assessments and carbon footprint transparency, we remain committed to delivering high-quality solutions that minimise environmental impact and support a more sustainable future. Ongoing collaboration with customers also helps us align our product innovations with their sustainability goals.

Transparent Engagement and Recognitions

At HSconnectivity, we are committed to transparent sustainability engagement and continuous improvement in our reporting and disclosures.We actively participate in global disclosure platforms such as CDP and EcoVadis, and our progress is further critiqued through platforms such as Sustainalytics. Through these disclosures we continue to demonstrate our openness and responsiveness to our stakeholders’ expectations.Our progress on key environmental metrics has earned us recognition from respected organizations including the FT Europe and Time Magazine reinforcing our position as a responsible and forward-thinking company.These acknowledgments reflect not only our efforts to reduce our emissions and improve our performance but also our dedication to maintaining the highest standards of accountability across our global operations.

A Responsible Business

Our responsible business goal is to create an environment where our people can be at their best.

This aligns with the following UN SDGs:

UN sdg - 3 - Good health and well-being UN SDGs - 4 - quality education UN SDGs - 5 - gender equality UN SDGs -8 - decent work and economic growth UN SDGs - 10 - reduced inequalities

Health, safety and wellbeing

HSconnectivity places the highest priority on the health, safety and wellbeing of its employees, contractors and visitors. The Group fosters a proactive safety culture through robust policies, regular training and continuous monitoring across all sites. HSconnectivity implements global health and safety standards, striving for zero harm and compliance with all relevant regulations. Wellbeing initiatives support mental and physical health, promoting a positive and inclusive working environment. By investing in safe, healthy workplaces, HSconnectivity enhances employee engagement, reduces risk and ensures operational excellence throughout its global operations.

Diversity and inclusion

HSconnectivity is committed to fostering a diverse, equitable and inclusive workplace where all individuals are respected, valued and empowered to thrive. The Group embraces diversity across gender, ethnicity, age, background and experience, recognising it as a driver of innovation and better decision making. Inclusive policies, unbiased recruitment practices and leadership accountability underpin its approach. HSconnectivity promotes a culture of belonging through employee engagement, training and support networks. By championing diversity and inclusion at every level, the Group strengthens its global workforce, enhances collaboration and supports sustainable business success.

Integrity and compliance

HSconnectivity upholds the highest standards of integrity and ethical conduct across all aspects of its business. The Group is committed to full compliance with legal, regulatory and industry requirements in every jurisdiction it operates. Its global Code of Conduct guides employee behaviour, fostering a culture of honesty, accountability and respect. Regular training, internal controls and transparent reporting mechanisms help identify and manage risks effectively. By embedding compliance into its operations and governance frameworks, HSconnectivity reinforces stakeholder trust and ensures its long-term success is built on responsible and ethical foundations.

Integrity and compliance

HSconnectivity upholds the highest standards of integrity and ethical conduct across all aspects of its business. The Group is committed to full compliance with legal, regulatory and industry requirements in every jurisdiction it operates. Its global Code of Conduct guides employee behaviour, fostering a culture of honesty, accountability and respect. Regular training, internal controls and transparent reporting mechanisms help identify and manage risks effectively. By embedding compliance into its operations and governance frameworks, HSconnectivity reinforces stakeholder trust and ensures its long-term success is built on responsible and ethical foundations.

Our people

HSconnectivity’s success is driven by its talented and diverse global workforce. The Group is committed to creating a supportive, inclusive environment where employees can thrive and grow. Through professional development, performance recognition and leadership opportunities, HSconnectivity empowers individuals at every level. A strong emphasis on engagement, collaboration and continuous improvement fosters a culture of innovation and accountability. Health, safety and wellbeing are prioritised to ensure a positive workplace experience. By investing in its people, HSconnectivity builds a resilient, high-performing organisation that delivers sustainable value and remains agile in a dynamic global market.

Our communities

HSconnectivity is dedicated to making a positive impact in the communities in which it operates. Through local engagement, charitable initiatives and employee volunteering, the Group supports education, health and social development programmes. HSconnectivity encourages its teams to give back, fostering meaningful relationships with community partners and contributing to long-term local resilience. By aligning community support with its broader ESG strategy, HSconnectivity promotes inclusive growth and shared value creation. These efforts reflect the Group’s commitment to responsible corporate citizenship and its role in building stronger, more sustainable communities worldwide.

A Trusted Business

As HSconnectivity grows, it is crucial to maintain a strong governance framework.

We provide clear guidance to all employees – including those from acquisitions – ensuring fairness, compliance and swift issue resolution.

This aligns with the following UN SDGs:

UN sdg - 9 Industry, innovation and infrastructure
HSconnectivity Code of Business Conduct

We have a well-established Code of Business Conduct that provides a foundational framework for all sites to use to train our employees in the core principles, policies and values of our Company. It is provided to our employees in all of our core local languages. We continue to review its scope and effectiveness and it is reviewed annually by our Board of Directors.  A separate policy and e-learning programme has been implemented to address the risks from conflicts of interest.

Whistleblowing and Speak Up

We upgraded our Speak Up policy during FY2022. Our Speak Up policy framework is communicated to all employees in local languages. HSconnectivity has a strong commitment to maintaining a workplace where employees can raise concerns in good-faith without fear of retaliation. Retaliation against anyone who reports in good faith an actual or suspected violation of the law of HSconnectivity’s policies is strictly prohibited. We have invested in the NAVEX Ethics Point system to provide an independent incident response and reporting solution that is accessible 24/7 and we have implemented this across the Group, providing access and information in 12 local languages. Reports can be made anonymously by anyone, including customers, suppliers and, of course, our employees. Reports are confidential and are handled independently by EthicsPoint, who then submits the reports to nominated HSconnectivity executives.

Anti-bribery and anti-corruption

As a Group, we prohibit any form of bribery and corruption. We have a clear policy on anti- bribery and anti-corruption, which has been reviewed and approved by the Board. This policy covers our workforce, customers and suppliers. Our policy includes the prohibition of  facilitation payments. This commitment is enshrined within the Group’s Code of Business Conduct. Each year, all eligible employees (sales, procurement, management) are required to undertake comprehensive e-learning programmes on topics including anti-bribery and  anti-corruption. In FY2025 94% of eligible employees completed this.

Modern slavery and human rights

Modern slavery is a fundamental violation of human rights. It takes various forms, all of which seek to deprive a person of their liberty for another’s commercial or personal gain.

Within our direct operations and across our supply chain, we fully support the principles for human rights established and recognised by the international community and those enshrined within the UK’s Modern Slavery Act 2015. We strictly prohibit the use of forced labour.

As required by UK law, we also publish a Modern Slavery Transparency Statement, which can be accessed below. We expect the same high standards from all of our contractors, suppliers and other business partners.


Cybersecurity

Cybersecurity remains a key area of concern, with threats continuing to grow in both volume and sophistication across industries. The Company has previously classified cybersecurity as a high priority risk and this assessment remains unchanged. The Company has a robust information systems, technology and cybersecurity framework. Business Continuity Principles are in place across the Company and are subject to regular testing. We continue to maintain rigorous oversight of our systems, regularly assess risk and evaluate the robustness of our contingency plans. Our goal remains to ensure strong capabilities in prevention, detection and response to safeguard against future cyber threats.

As part of our preventative action plan we require all IT-enabled users to complete both monthly and annual e-learning. Over 5,000 of our eligible workforce completed annual e-learning training in the past year. This training is delivered in local languages and reflecting current cybersecurity threats, this training provides a vital layer of human security. It equips our staff to protect our business and to apply these skills in their personal lives, benefiting their family members as well.


Conflict minerals and responsible minerals

HSconnectivity has a dedicated policy addressing the issue of conflict minerals. We are committed to avoiding the use of conflict minerals in our products, and we ask our suppliers to ensure that materials used in components and products they supply to us, including tin, tantalum, tungsten and gold, are conflict-free. In FY2022, we updated our policy to be our Responsible Minerals Policy and it can be accessed below.

Quality management

All of our sites operate ISO 9001 certification with many going further and gaining industry-specific quality management certifications, including IATF 16949, ISO 13485, TL 9000, AS 9100D. Each of these standards drives a series of independent verification audits ensuring that our quality management approach remains robust. Quality excellence is a central focus for our global HSconnectivity Excellence System, which drives the principles of manufacturing excellence across all our sites. Through a relentless focus on kaizen, all sites report on and share, their kaizen activities on a weekly basis.

Environmental management and sustainability

We comply with all relevant statutory and regulatory requirements in the jurisdictions in which we operate. In FY2023, we established our first Environmental Policy, which is accessible below. We have also established a policy on Responsible Water Use, which is accessible below. We monitor the environmental impact of our business activities and encourage employee awareness of waste reduction, recycling and responsible disposal. At end FY2024, 83% of our global workforce worked within an ISO 14001 certified facility. Each certified plant has local waste reduction and/or pollution-prevention programmes.

In FY2022, we started to report waste consistently across the Group, enabled by our investment in our V-SRS. At end FY2024, we reported waste data for all of our sites and we achieved a recycling rate of 82%. For more information about our improvements to our waste management and a wide range of ESG-related metrics, please refer to our Supplemental Sustainability Disclosures Report below.

We are compliant with the provisions of EU RoHS and EU REACH, and implement stringent controls to eliminate the use of hazardous substances. Our products are free from MCCP, phthalates, lead and DINP. We also offer a range of halogen-free cables.


Environmental management systems

HSconnectivity has a dedicated policy addressing Environmental Management within our business, which was published in FY2024 and in FY2025 we defined minimum sustainability standards for all sites to achieve. Our commitment to sound environmental stewardship is enshrined within the Group’s Code of Business Conduct, which has Board approval and oversight through the Safety, Environment and Sustainability Committee. We are committed to minimising the impact of our business on the local environment in which we operate.  Many of our sites operate to ISO 14001, the environmental management system. We have also published a Responsible Water Use policy and conduct environmental education and awareness programmes across the company.