Jul 12, 2011
SCHAFFHAUSEN, Switzerland, July 12, 2011 /PRNewswire/ -- TE Connectivity (NYSE: TEL), formerly Tyco Electronics, today announced that it has signed the United Nations Global Compact (UNGC), further reinforcing the company's commitment to corporate responsibility and ethical business practices around the world.
TE Connectivity joins over 8,700 companies and other stakeholders from more than 130 countries in supporting the Compact's 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption.
"Our decision to become a signatory of the Global Compact was a natural one," said Tom Lynch, Chief Executive Officer of TE Connectivity. "The 10 principles strongly align with our company's core values and reinforce our corporate responsibility program. We are proud to be among the companies that support the UN Global Compact."
By becoming a signatory of the voluntary UN Global Compact, TE agrees to report annually on the UNGC's transparency and accountability policy known as the Communication on Progress (COP).
(More information: http://www.te.com/responsibility)
(Commitment letter: http://www.unglobalcompact.org/participant/14172-TE-Connectivity)
ABOUT TE CONNECTIVITY
TE Connectivity is a global, $12.1 billion company that designs and manufactures over 500,000 products that connect and protect the flow of power and data inside the products that touch every aspect of our lives. Our nearly 100,000 employees partner with customers in virtually every industry—from consumer electronics, energy and healthcare, to automotive, aerospace and communication networks—enabling smarter, faster, better technologies to connect products to possibilities. More information on TE Connectivity can be found at http://www.te.com.
SOURCE TE Connectivity