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Sustainability Report

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2022

SUSTAINABILITY REPORT
Enabling the Electronics Revolution
Table of Contents
A Message from Adam Norwitt ........................................................... 3

About Amphenol ...................................................................................... 4

Our Sustainability Approach and Progress ........................................ 6

Our Sustainability Goals ....................................................................... 7

Stakeholder Engagement ...................................................................... 8

Environmental Responsibility ............................................................... 9

Our Products’ Impact .......................................................................... 14

Supply Chain .......................................................................................... 18

Our Team ................................................................................................ 22

Responsible Business ........................................................................... 27

Appendix A
GRI Content Index ........................................................................... 32

Appendix B
SASB Alignment ............................................................................... 35

Appendix C
ESG Metrics ...................................................................................... 36

Appendix D
TCFD Disclosure ................................................................................ 39

Appendix E
Tier 1 Direct Supplier Geographies ................................................. 44

You can find more information about Amphenol at amphenol.com

For additional information on our sustainability activities, please


visit amphenol.com/sustainability

2 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


A Message from Adam Norwitt
Amphenol continues to strengthen our commitment to corporate sustainability across our organization.
Throughout 2022, sustainability became even further embedded into our business operations through
initiatives such as solar panel installations, energy attribute certificate (EAC) purchases and process
engineering upgrades to facilities to mitigate our emissions and decrease our waste. We facilitated
environmental, social and governance (ESG) education and trainings for our employees, empowering them
to actively participate in our sustainability progress. Our operations continue to develop their dedicated
ESG team members, and we are excited to build on our momentum in coming years.

Throughout 2022, our Amphenol team achieved our goals and made further progress on our sustainability
efforts. I am pleased to report that we have achieved all eight of the sustainability goals we set in alignment
with the United Nations (UN) Sustainable Development Goals (SDGs) in our 2019 and 2021 reports. As a
result, in this report, we are setting eight new goals with target dates of either 2025 or 2030. In support
of these goals, we continue to make meaningful advances in energy management through our increased
use of renewable energy sources and the acquisition of renewable energy credits. We have also made
improvements to our manufacturing facilities to decrease our water intensity. I am proud of our significant
progress in 2022 as we work to manage and mitigate our environmental impact and look forward to
sharing our progress toward our new goals in future reports.

At Amphenol, our entrepreneurial culture and our exceptional people remain the foundation of our
long-term success. A key hallmark of our Amphenolian culture is that our people around the world hold
themselves accountable for how their actions impact others, including our customers and suppliers, their
fellow Amphenolians and the communities in which we operate. This culture is at the heart of our ESG
strategy. Each Amphenol general manager is empowered to make the right decisions for the long-term
sustainability of their business each and every day.

In this 2022 Sustainability Report, I am pleased to


share our substantial progress towards making our
company sustainable for the long term, progress
made possible only through the dedication and hard
work of our truly outstanding employees around
the world. Without them, we would not be able to
protect our employees, reduce our environmental
footprint and support our communities, all while
delivering value to our customers, partners,
employees, communities and shareholders.

R. Adam Norwitt  
President and Chief Executive Officer

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 3


About Amphenol
Amphenol Corporation is one of the world’s largest providers of high-technology interconnect, sensor and antenna solutions.
Our products Enable the Electronics Revolution across a diverse array of end markets. We are a truly global company, with
approximately 240 manufacturing facilities in approximately 40 countries and sales to virtually every corner of the globe.
This extensive international reach is a true asset for Amphenol, as we are present everywhere our customers need us while
mitigating the risks that may emerge in any one country or region. Headquartered in Wallingford, Connecticut, USA, Amphenol
had approximately 91,000 diverse, talented and driven employees worldwide at the end of 2022.

Our Values
$12.6B 2022 SALES
Amphenol’s high-performance culture is united by our
shared values.

Ethical

91,000 EMPLOYEES
We do the right thing, always. Maintaining our integrity
and reputation will always be our priority.

Diverse
Diversity of our markets, products, geographies and
MANUFACTURING IN

40
workforce is a key pillar of our continued success. We
COUNTRIES
encourage and embrace diverse perspectives as they
lead to better long-term outcomes for our business.

70
Empowered
SALES ACROSS COUNTRIES Our culture of ownership and accountability empowers

6
our people to achieve industry-leading results.

IN CONTINENTS Innovative
We are curious, focused and agile. These traits enable
us to discover new solutions that solve our customers’
diverse needs.

Sustainable
Sustainable business practices are at the core of how
we conduct our operations. We believe that adopting
sustainable business practices is not just the right thing to
do as a global company, it is simply good business.

4 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


About Amphenol
Our high-technology solutions span the broadest range of connectors, sensors, antennas, flexible and rigid printed circuits,
cables and value-added interconnect assemblies. We operate in eight diverse end markets, and we consistently strive to
maintain a balanced exposure across these markets. We also maintain a balanced mix of business across the longer-cycle
markets of Military, Commercial Aerospace, Industrial and Automotive, as well as the shorter-cycle markets of Mobile
Devices, IT Datacom, Mobile Networks and Broadband. We believe that this diversification is one of our key competitive
strengths, helping to reduce the impact from volatility in any one market while also exposing us to the latest technological
developments across the widest array of markets within the global electronics industry.

Balanced End Market Exposure

LONGER
CYCLE Industrial
25%
Commercial
Aerospace
3%

Military
9% Automotive
21%

Broadband
5%

Mobile
Networks
5% Mobile
Devices
11%
IT Datacom SHORTER
21% CYCLE

2022 Sales by Geography 2022 Global Workforce

North
North America
America 26%
37%

Asia Asia
42% 57%

Europe
16%

Europe Rest of Rest of


18% World World
3% 1%

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 5


Our Sustainability Approach and Progress
Our sustainability approach and goals are set at the Our Sustainability Steering Committee
corporate level and then embedded throughout the
Our Sustainability Steering Committee is a cross-functional
Company by empowering each of our businesses to
group from around the company that meets formally on
manage material ESG topics within their operations. This
at least a semi-annual basis and is tasked with developing
strategy allows us to best address our priorities because
the Company’s sustainability strategy. The committee’s
each of our businesses brings unique perspectives on
governance structure reflects executive management,
how to minimize their own environmental footprint while
legal, human resources, procurement, quality, finance,
supporting their employees and their local communities.
risk management and environmental, health, safety and
We have always believed that a sustainable business and
sustainability (EHS&S) functions. Key members of the team
good business practices are one and the same, which our
reviewed the new data presented in this 2022 report and met
teams are proving every day.
to discuss and verify the results.
Sustainability Highlights in 2022
About this Report
We continue to expand the scope of our sustainability
The information included in this report has been prepared
program and advance our actions in support of our
with reference to the Global Reporting Initiative (GRI)
sustainability objectives and goals. In 2022, we continued
Standards and the material topics identified in the
to make progress on our sustainability initiatives, with key
Sustainability Accounting Standards Board (SASB) Electrical
highlights including:
& Electronic Equipment Sustainability Accounting Standard.
• Accomplished all eight of our prior SDGs, with one For additional information on Amphenol’s structure and
accomplished three years ahead of schedule; ownership, this report should be viewed in conjunction
• Established eight new goals in line with the United with our 2022 Annual Report, which is publicly available
Nations SDG targets; on the Investors section of our website. The reporting
• Expanded reporting on our Scope 3 greenhouse gas period for this 2022 Sustainability Report corresponds
(GHG) emissions; with our annual financial reporting. The boundaries of our
• Set water withdrawal targets for 20 of our highest consolidated ESG data for this 2022 Sustainability Report
process water intensive facilities; include all manufacturing and owned facilities. We have
• Evaluated risks within our supply chain and conducted initiated the process of having our 2022 energy and Scope
assessments and trainings for high-risk suppliers to 1 and 2 GHG emissions data externally verified for the
ensure alignment with our sustainable supply chain purposes of our CDP submission in 2023.
policies;
For additional information on our sustainability activities,
• Increased awareness of environmental, health and
please visit amphenol.com/sustainability.
safety (EHS) policies and best practices among
employees through trainings and employee
education; and
• Facilitated internship programs to support the
development of new talent in the next generation of
business leaders.

6 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Our Sustainability Goals
In 2019, we established eight sustainability goals in line with the United Nations SDG targets. Two of these were achieved
in 2020 and were expanded with a target date of 2022. As a result of our efforts and supporting initiatives, we are proud to
announce the achievement of all eight of these goals during 2022, details of which are highlighted throughout this report.
We remain committed to continuously improving our sustainability efforts. To support these ongoing improvements, we are
establishing eight new goals aligned with the SDGs with target years of 2025 or 2030.

6.4 Clean Water and Sanitation 12.2 Responsible Consumption and


By 2030, substantially increase water-use efficiency Production By 2030, achieve the
across all sectors and ensure sustainable withdrawals sustainable management and efficient use
and supply of freshwater to address water scarcity and of natural resources.
substantially reduce the number of people suffering from OUR GOAL: By the end of 2025, Amphenol will
water scarcity. conduct a detailed analysis of our cardboard and
OUR GOAL: By the end of 2030, Amphenol will reduce total plastic packaging use to support future packaging
water withdrawal of our top 20 facilities by 15% versus optimization efforts.
2021 levels.
12.4 Responsible Consumption and
7.2 Affordable and Clean Energy Production By 2020, achieve the
By 2030, substantially increase the share of environmentally sound management of
renewable energy in the global energy mix. chemicals and all wastes throughout their life cycle, in
OUR GOAL: By the end of 2030, Amphenol will increase our accordance with agreed international frameworks, and
use of renewable energy to 50% for energy used at our facilities. significantly reduce their release to air, water and soil
in order to minimize their adverse impacts on human
8.7 Decent Work and Economic Growth health and the environment.
Take immediate and effective measures to OUR GOAL: By the end of 2025, Amphenol will
eradicate forced labor, end modern slavery and assess the use of PFAS in products and processes
human trafficking and secure the prohibition and elimination across our manufacturing facilities.
of the worst forms of child labor, including recruitment and use
of child soldiers, and by 2025 end child labor in all its forms. 13.1 Climate Action
OUR GOAL: By the end of 2025, Amphenol will enhance Strengthen resilience and adaptive capacity
ESG elements in existing supplier auditing programs and to climate-related hazards and natural
conduct audits for suppliers in the highest ESG risk category. disasters in all countries.
OUR GOAL: By the end of 2025, Amphenol will
11.5 Sustainable Cities and Communities reduce revenue-normalized Scope 1 and 2 GHG
By 2030, significantly reduce the number of deaths emissions by 15% compared to our 2021 levels.
and the number of people affected and substantially
decrease the direct economic losses relative to global gross 16.2 Peace, Justice and Strong Institutions
domestic product caused by disasters, including water-related End abuse, exploitation, trafficking, and all
disasters, with a focus on protecting the poor and people in forms of violence against and torture
vulnerable situations. of children.
OUR GOAL: By the end of 2025, Amphenol will provide that OUR GOAL: By the end of 2025, Amphenol will
our business continuity plans address issues related to physical deliver enhanced training on our health and safety
risks as per TCFD for our top 20 facilities. requirements to all Amphenol businesses worldwide.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 7


Stakeholder Engagement
Our sustainability strategy is focused on the most Our next materiality assessment will be conducted prior to
important ESG issues facing our business. To assess and the publication of our 2023 Sustainability Report. This next
prioritize these issues, we measure topics that are most assessment will utilize an updated process to align with the
financially material to our business as well as those that standards revised by GRI in 2021, including the concept of
pose the most significant impact on our communities double materiality. We believe this approach will provide a
and society. We periodically engage with our internal more detailed understanding of our impacts to people and
and external stakeholders through formal materiality planet, and enable us to develop enhanced management
assessments to better understand their key ESG focus plans for our sustainability risks.
areas. The outcome of these assessments provides
valuable perspectives that have informed our sustainability Based on the results of our 2021 Materiality Assessment,
strategy and objectives setting. Amphenol determined that the following list of material ESG
topics are the most important for strategic prioritization:
Materiality
• Energy Use in Manufacturing Facilities
Amphenol understands that materiality is fundamental to • Operational Greenhouse Gas Emissions Reductions
developing our sustainability strategy and communicating • Diversity, Equity and Inclusion
ESG expectations to our stakeholders. In 2021, we • Human Rights Management
conducted an updated materiality assessment guided by the • Leadership/Executive ESG Oversight and Awareness
Sustainability Accounting Standards Board (SASB) Standards • Supply Chain Responsibility
and the 2016 GRI Standards.

External

Topic Internal ESG Raters /


Peers Shareholders Communities Suppliers Distributors Customers
Frameworks

Energy Use in Manufacturing Facilities

Operational Greenhouse Gas Emissions Reductions

Diversity, Equity and Inclusion

Human Rights Management

Leadership / Executive ESG Oversight and Awareness

Supply Chain Responsibility

Non‐Hazardous and Hazardous Waste Management

Water Consumption at Manufacturing Facilities

Materials Sourcing

Restricted Substance Management

Employee Health and Safety

ESG Performance Tracking

Customer and Regulatory Expectations and Requirements

Business Ethics

Manufacturing Assessments Programs

Data Privacy and Information Security

Level of Importance: Critical to high level of importance Moderate level of importance Modest level of importance

8 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Environmental
Responsibility
We remain committed to supporting programs and initiatives that lower our greenhouse
gas emissions, conserve water and decrease waste through reduction, reuse and recycling.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 9


Environmental Responsibility

Greenhouse Gas Emissions

We are committed to reducing the energy consumption SDG 7.2 Affordable and Clean Energy
in our facilities and lowering our own GHG emissions. In 2022, we purchased 54,000 megawatt
During 2022, our absolute level of energy consumption hours (MWh) of Green Energy Certificates,
increased as we ramped up production to meet a five-fold increase in purchased renewable
higher customer demand, including by adding 14 new energy compared to 2019. These purchases of EACs,
manufacturing facilities to our global footprint. We believe along with our organic energy reduction efforts and on-
revenue-normalized metrics are a more accurate reflection site solar panel installations helped us achieve our goal
of our progress because we add a number of facilities to of increasing our sourcing of renewable energy for the
our footprint each year primarily through acquisitions. electric power used in our facilities. We plan to further
In 2022, our application of lean production processes, expand our use of renewable energy in our facilities and
on-site solar panels and investments in energy-saving have developed a new goal to support SDG 7.2 Affordable
equipment allowed us to reduce our energy intensity to and Clean Energy. By the end of 2030, Amphenol will
72.5, a 9% decrease from 2021 despite the additional increase our use of renewable energy to 50% for energy
demand and facilities. Since we began collecting our used at our facilities.
energy consumption data in 2017, our energy intensity
Over the past five years, we have made good progress
has fallen by 20%, resulting in a compound annual
reducing our GHG emissions. Our Scope 1 GHG emissions
reduction of 4% over this five-year period.
are currently low, representing just over 10% of our
combined Scope 1 and Scope 2 GHG emissions. In 2022,
our Scope 1 GHG emissions increased by 15% compared
to 2021 as we increased fuel usage to support a 19%
increase in sales in constant currency. At the same time,
86.0 our market-based Scope 2 GHG emissions decreased
79.9
72.5
by 14% in 2022 versus 2021 levels. As a result, in 2022,
our overall Scope 1 and market-based Scope 2 GHG
emissions intensity declined to 28.2, a 24% decrease
versus 2021.
2020 2021 2022
Energy Intensity
(MWh / $M revenue)

37.0
28.2
An important component of our GHG emissions reduction
strategy is increasing the use of renewable sources in our 2021 2022
purchased energy. In 2022, 20% of our purchased electricity
Greenhouse Gas Emissions Intensity (market-based)
came from renewable sources, up from 14% in 2021. (metric tons CO2 equivalent / $M revenue)

10 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Environmental Responsibility

In 2021, we transitioned to using a market-based Emissions Reductions in Action


approach to report our Scope 2 GHG emissions, which
Our global facilities continue to support our
we believe more accurately reflects the emissions
emissions reduction goals through proactive and
of our facilities and better enables us to monitor our
innovative actions that reduce their environmental
progress. In 2022, we expanded our market-based
footprint and conserve resources, while at the same
accounting of Scope 2 emissions using supplier-provided
time helping our facilities save on energy costs.
emission factors, where available, to clearly represent
our improvement actions and better identify areas for Throughout 2022, several Amphenol facilities
future impact. We also continue to maintain our historical installed on-site solar panels to increase their
location-based approach which supported our prior goal. renewable electricity consumption and decrease
Our location-based Scope 2 GHG emissions increased their dependency on fossil fuels. During the extreme
slightly in 2022, but the emissions intensity decreased. energy cost fluctuations seen in Europe during 2022,
these installations helped provide a continuous

SDG 13.1 Climate Action – Our renewable and stable source of energy for these facilities.

energy strategy and GHG reduction efforts Combined, these installations have begun to

led to a 19% decrease in our revenue- produce almost 600 MWh of energy, with significant

normalized Scope 1 and 2 (location-based) increases expected in 2023, which will be their first

emissions compared to 2018, despite the addition of 74 full year of operation. In addition, these successful

manufacturing facilities during this same period. These solar installments have inspired other Amphenol

actions allowed us to meet our goal of reducing our facilities to consider increasing their renewable

revenue-normalized Scope 1 and 2 GHG emissions by energy consumption, with more sites planning to

10% versus 2018 levels. commence or expand existing installations in 2023.

While we are proud of the progress we have made


reducing and reporting our Scope 1 and Scope 2 GHG
emissions, we know that some of our largest impacts
extend beyond our direct operations and into our value
chain. Throughout 2022, we made significant progress
quantifying our Scope 3 GHG emissions, and we have
provided estimates for Categories 1 through 9 in Appendix Several of our facilities also began waste heat
C. We have assessed Scope 3 Categories 10 (processing recovery in 2022 to help reduce emissions. As part of
of sold products), 13 (downstream leased assets), 14 this process, waste heat is captured from production
(franchises) and 15 (investments), but these are not processes and is then reused to heat water for other
relevant to our business. We are still in the process of uses, including building heating. This process reduces
assessing Categories 11 (use of sold products) and 12 facility energy consumption and increases efficiency
(end-of-life treatment of sold products), as we work to while conserving valuable resources. We intend to
drive additional improvements in our carbon accounting expand this program as part of our best practice
processes. awareness training throughout 2023 and beyond.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 11


Environmental Responsibility

Water Use Water Reuse in Action


Amphenol’s manufacturing processes do not require a Amphenol Cemm Thome – Monterrey, Mexico
significant amount of water, however we do strive to Mexico experienced a drought throughout 2022,
be as responsible as possible with the water we use. increasing local water stress and limiting water
In order to reduce our overall water usage, we pursue supplies for businesses. Our team at our Monterrey
water optimization projects across our facilities and have facility implemented a creative solution to this
invested in systems to reuse and reclaim our wastewater. problem by capturing condensate from their
Through our continued actions and investments, we HVAC systems and reusing it for non-potable
were able to reduce our water withdrawal intensity applications. Through this process, the team
by 11% in 2022 versus the prior year. Since 2017, our collects approximately 4,000 liters of water per day,
actions have resulted in our water withdrawal intensity enough to meet roughly 25% of their daily needs.
declining by 34%, an 8% compound annual reduction This process has significantly reduced the facility’s
over this five-year period. reliance on third-party water supplies and continues
to increase engagement of our on-site employees in
supporting sustainability initiatives.

0.38
0.34
0.30

2020 2021 2022

Water Withdrawal Intensity


(megaliters / $M revenue)

An important component of our efforts to better assess


our global water risk is the tracking of our water Meeting Our Goals
withdrawals which are primarily sourced from water
SDG 6.4 Clean Water and Sanitation
distribution systems. In 2022, our sectoral water risk
In 2021, we established a goal to
screening determined that three of our facilities exist in
set-up specific targets for our 15
locations classified as “extreme risk.”
highest process water intensive
We plan to continue to explore new opportunities facilities. During 2022, we achieved this goal with
for improvement in our water usage across our global intensity targets established for each of these 15
footprint. To support our commitment, in 2022, we set facilities. We have also established absolute water
a new goal under SDG 6.4 Clean Water and Sanitation. withdrawal targets for five additional facilities,
By the end of 2030, Amphenol will reduce total water bringing the total number of facilities with water
withdrawal of our top 20 facilities by 15% versus withdrawal-related targets to 20.
2021 levels.

12 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Environmental Responsibility

Waste Disposal Reusing Packaging Waste


Our facilities employ numerous methods within our direct As a manufacturer of highly diversified products
operations to limit our waste impacts, with some examples that require customized packaging solutions, we
including utilizing recycled packaging for connectors, have initiated packaging reuse initiatives at several
composting organic material from our employee cafeterias of our facilities to mitigate our waste footprint.
and reducing our paper usage. This year we established a As one example, our Times Fiber business in
new goal under SDG 12.2 Responsible Consumption and Canada has introduced multi-use plastic boxes
Production. By the end of 2025, Amphenol will conduct a to replace single-use packaging materials that
detailed analysis of our cardboard and plastic packaging would otherwise be sent to the landfill. As another
use to support future packaging optimization efforts. example, our Advanced Sensors business in Mexico
This goal will help prepare our operations for forthcoming is reusing plastic boxes that are durable enough
packaging regulations and identify areas where we can for multiple uses for our product parts. As a result
reduce our packaging waste, thus decreasing waste of these partnership initiatives and many others
disposal volume introduced into our value chain. around Amphenol, our global teams continue to
minimize the amount of packaging waste entering
Through the waste minimization initiatives we have
the value chain.
undertaken over the past few years, our facilities have
been able to increase the percentage of our waste that
is reused, recycled or recovered. Of the total waste
generated by our operations in 2022, 64% was reused,
recycled or recovered, down slightly from 65% in 2021 but
up from 57% in 2020. Despite an increase in our business
and a higher number of facilities in 2022, we were also able
to decrease our hazardous waste by 1% versus 2021, with
the amount of our hazardous waste that was diverted from
disposal accounting for 64% of our total hazardous waste
generated.
2022 Waste End Use

4%
Reuse
Meeting Our Goals
8% Recycling SDG 12.2 Responsible Consumption
Other Recovery and Production – By the end of
16%
Incineration without
2022, we increased the amount of
50% Energy Recovery metal-bearing plating sludge recycled
10% Incineration with Energy by 115% compared to our 2019 baseline. This
Recovery allowed us to achieve our goal of increasing the
2% 10% Landfill amount of metal-bearing plating sludge we recycled
Other Disposal by 15% globally.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 13


Our Products’ Impact
Our product solutions help generate renewable energy, create a smarter and more efficient power
grid, enable electric vehicles and related charging infrastructure and connect people across the
globe. Our business continues to embrace effective resource stewardship throughout the product
lifecycle to enable a cleaner, safer and more sustainable world.

14 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Our Products’ Impact

Innovation and Product Stewardship Helping to Save Life on Earth


Amphenol focuses on providing our customers with Amphenol’s Positronic business is making connectors
comprehensive design capabilities, a broad selection that are helping save the planet. Small space debris
of products and a high level of quality and service on a from asteroid fragments, or meteoroids, enter the
worldwide basis. Our research and development efforts are Earth’s atmosphere on a daily basis where they
targeted at solving specific customer challenges through typically vaporize. However, much larger objects
close collaboration with our customers. The products we measuring a kilometer or more lurk nearby. The
develop are highly engineered to meet our customers’ occurence of these larger near-Earth objects (NEOs)
needs and have the potential for broad market applications. is rare, happening roughly once every million years,
however their impact could be catastrophic to life
We constantly strive to find ways to reduce the
on Earth.
environmental footprint of our products by reducing
their weight, optimizing their energy needs and limiting
emissions and waste related to their manufacturing.
While our products are often advanced, highly engineered
solutions, they are typically a small component integrated
into a larger system. As a result, our products generally
represent only a fraction of the energy consumption and
overall emissions of the larger system, yet they play an
outsized role in enabling end products and systems that
contribute to a cleaner planet.
To protect the Earth from these potential threats, the
U.S. and European space agencies NASA and ESA
formed a collaboration for the Asteroid Impact and
Deflection Assessment (AIDA) mission. AIDA’s goal is
to test and measure the impact of a spacecraft on one
of these NEOs. The first phase of the AIDA mission
kicked off in November 2021 when NASA launched the
Double Asteroid Redirection Test (DART). The target
for this test was the asteroid Dimorphos, which is a
minor-planet moon of the larger asteroid Didymos. On
September 26, 2022, the DART spacecraft successfully
collided with Dimorphos and shortened the asteroid’s
orbit. Connectors from our Positronic business were an
important component on the DART spacecraft as well as
on the camera that helped DART navigate, the Didymos
Reconnaissance and Asteroid Camera for Optical
navigation (DRACO). By supporting these tests, our
Positronic business may help save the planet one day.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 15


Our Products’ Impact

Enabling Green Energy Design


Throughout 2022, our teams around the world worked
to develop and enable new products that advance
green energy technology as well as energy efficiency
savings. Our Amphenol LTD business in the United
Kingdom helped support the development of the magniX
electric motor with our Rhino and Raptor interconnect
products. The magniX is a high-efficiency motor that
converts battery power into propulsion to power smaller
aircraft. The technology allows aircraft to fly with electric
powered motors instead of jet turbines, unlocking the
ability to retrofit aircraft to reduce fuel consumption.

Vertical farming is a new agricultural process where


crops are grown on top of each other in a warehouse or
greenhouse setting. Growing crops vertically conserves
space versus traditional farming and allows crop
production to happen anywhere. When crop production
is combined with solar power, which is known as
Wind turbines are subjected to tremendous aerodynamic
agrivoltaics, the environmental benefits are even greater.
forces and continuously changing wind speeds and
Our Amphenol LTW business has developed a broad
directions. A critical feature to help wind turbines work
series of waterproof circular connectors for harsh
optimally is the hydraulic pitch control, which adjusts the
environments which are being used in vertical farming,
angle of the rotor blades by a few degrees to maximize
agrivoltaics and other rugged applications to support
the output for all wind speeds. Sensors are used to
these more efficient agricultural processes.
accurately measure the exact blade position to ensure
its optimal angle. Our Temposonics business in Germany
produces magnetostrictive displacement transducers
that are ideally suited for position measurement of these
rotor blades. The sensors have to be highly accurate,
function in harsh environments and reliably operate
over many years due to the difficulty of accessing and
maintaining wind turbines in remote and difficult-to-
reach areas. By extending the longevity of these wind
turbines, our products are helping to support the shift to
alternative energy solutions.

16 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Our Products’ Impact

Enabling the Electronics Revolution Process Engineering Sustainability


Given the increasing complexity and connectedness of Our innovations don’t just stop at our products,
today’s world, Amphenol’s products are supporting and we also optimize our production processes to
enabling the electronics revolution across a wide variety deliver sustainability improvements. At a local
of end markets, many of which contribute to a cleaner, level, we conduct assessments of our own
safer future. Our diverse end market exposure allows us facilities to identify sustainability opportunities,
to capitalize on these opportunities and positions our such as heat, water and energy management
business for long-term, sustainable growth. Today, our improvements, in support of our long-term goals.
products are enabling the growth in electric passenger and
Throughout 2022, our teams worked to improve
commercial vehicles, clean energy solutions, 5G networks,
our product development, production and
cloud computing, artificial intelligence, wearable devices,
manufacturing processes in order to reduce
the Internet of Things, new airplane technologies, space
emissions and conserve resources. As one
exploration and rural broadband rollouts, just to name a few.
example, at our Changzhou, China facility, our team
Several key global trends are driving long-term growth transitioned our plastic shell printing process from
for our company, including clean and efficient energy ink to laser marking which decreased the volatile
generation, connected and mobile solutions, higher data organic compounds (VOCs) created from exhaust
speed requirements, increasing complexity and harsher emissions. As another example, at our Chengdu,
environments. Our products serve to accelerate these China facility, we invested in new technology
important global trends, many of which help to ensure a upgrades for our plating lines, resulting in annual
more sustainable future. energy and water savings. In addition to these
engineering upgrades, we continue to assess, refine
Clean and Efficient
and replace the use of some of our raw materials
• Environmentally friendly
with more environmentally friendly alternatives.
• More power efficiency

Connected and Mobile


• Always on
• Available anywhere

High Speed
• 5G capable and beyond
• Increased bandwidth

Increased Complexity
• Multiple connections
• Next-generation applications

Harsh Environment
• Ruggedized
• Extreme vibration, temperature, pressure

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 17


Supply Chain
We continue to evaluate and invest in our supplier partnerships and work closely
with them to ensure our products are made with ethically sourced materials.
We are committed to the use of responsible minerals and the prohibition of forced,
bonded, child and indentured labor. We evaluate the conformance of our Tier 1
Direct suppliers to Amphenol policies related to conflict materials and human rights
through actively surveying our supply chain on an annual basis.

18 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Supply Chain

Human Rights and Fair Labor Practices

We are committed to partnering with suppliers whose tools and services to support our responsible and ethical
values and standards of conducting business align with our labor programs. Amphenol also continues to adhere to a “no
own culture and values. Our expectations of our suppliers fees” recruitment program whereby recruitment costs are
include compulsory understanding and alignment with the borne by the Company, not our employees. This program
following policies: also extends to Amphenol’s Tier 1 Direct suppliers.

• Code of Business Conduct and Ethics;


Sustainable Supply Chain
• Supplier Code of Conduct, which prohibits the use
Our goal is to develop a collaborative supply chain that
of forced, bonded, child and indentured labor and
seeks to reduce its environmental and social impact while
involuntary prison labor; and
simultaneously enhancing the long-term sustainability of
• Supplier Responsible Labor Policy, which sets forth the our planet. One of the ways we do this is through local
standards we expect our suppliers to uphold to ensure evaluations of the quality and stewardship of our suppliers’
that their working conditions are safe and that workers products and assessments on whether they are meeting
are treated with dignity and respect. our standards on certain social responsibility requirements
and metrics. In addition, we periodically review our raw
As stated in our Code of Business Conduct and Ethics materials and components for regulated substances to
policy, we have zero tolerance for human trafficking and assess our products’ conformity with customer-specific
slavery. Additionally, we strive to respect the rights of all requirements and industry standards (i.e., Halogen-Free,
stakeholders through our commitment to the Universal Lead-Free), as well as other applicable regulations such as
Declaration of Human Rights, OECD Guidelines for California Proposition 65, the U.S. Toxic Substances Control
Multinational Enterprises, UN Guiding Principles on Act (TSCA), Restriction of Hazardous Substances (RoHS),
Business and Human Rights and the International Labor Persistent Organic Pollutants (POPs) and Registration,
Organization’s Declaration on Fundamental Principles and Evaluation & Authorization of Chemicals (REACH).
Rights at Work. Our Global Human Rights Policy reinforces
our responsibility to respect and promote human rights
in our relationships with our employees, suppliers and
members of the communities in which we operate. As a
result of our programs in these areas, we publish our
Anti-Human Trafficking and Slavery Statement on an
annual basis to illustrate our progress.

As a member of the Responsible Business Alliance (RBA),


we collaborate with other businesses in the world’s largest
industry coalition dedicated to promoting corporate
responsibility in global supply chains. We leverage RBA’s

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 19


Supply Chain

Conflict and Responsible Minerals Achieving Our Sustainable


Development Goals
Amphenol seeks to go beyond local and customer
requirements in our efforts to be a good corporate steward. SDG 16.2 Peace, Justice and
In accordance with the U.S. Securities and Exchange Strong Institutions – In 2022, we
Commission’s (SEC) Conflict Minerals regulations and our achieved our goal of assessing our
own commitment against the use of Conflict Minerals, we Tier 1 Direct suppliers for forced
maintain a comprehensive Responsible Minerals Policy or compulsory labor risk using a geographical
that provides we do not knowingly use tin, tantalum, risk-based approach to identify suppliers with
tungsten or gold (3TG), which may originate from sources potential exposure. We were pleased that our
that directly or indirectly finance or benefit armed groups assessment found no violations of our policies.
through mining or mineral trading in the Democratic This process will be repeated on an annual basis to
Republic of the Congo or adjoining countries. We actively ensure our actions continue to respect the human
survey our supply chain on an annual basis for all 3TG, rights of all people throughout our supply chain.
cobalt and mica used in our products to confirm that
appropriate reasonable country of origin inquiry (RCOI) SDG 8.7 Decent Work and Economic
and due diligence has been performed, as detailed in our Growth – In an effort to improve
latest Conflict Minerals Report. We perform an annual upon our previously established
assessment of our responsible minerals program to policies and practices,
determine which minerals should be added beyond 3TG, in 2022, we translated our Supplier Code of
cobalt and mica in support of a responsible and conflict- Conduct and Supplier Responsible Labor Policy into
free supply chain. eight languages, which allowed us to meet our goal
of creating a multi-lingual Tier 1 Direct supplier

Our responsible minerals program is aligned with the engagement strategy three years ahead of schedule.

principles of the OECD Due Diligence Guidance for


Responsible Supply Chains of Minerals from Conflict- We continue to annually assess our supply chain

Affected and High-Risk Areas. Although Amphenol has and engage with our most at-risk Tier 1 Direct

determined that its European operations are not directly suppliers through a targeted, geographical

in-scope for the European Union (EU) Conflict Minerals risk-based outreach campaign to ensure our

Regulation and its conflict-affected and high-risk areas standards are met. To further support our supplier

(CAHRAs) purview, we annually assess our status and align engagement strategy, we have established a

our business operations with responsible sourcing guidance new goal to support SDG 8.7 Decent Work and

while continuing to support our customers who are in- Economic Growth. By the end of 2025, Amphenol

scope. Amphenol is also a member of the Responsible will enhance ESG elements in existing supplier

Minerals Initiative (RMI), which promotes the common auditing programs and conduct audits for suppliers

goal of understanding and contributing to mitigating the in the highest ESG risk category.

salient social and environmental impacts of extraction and


processing of raw materials in supply chains.

20 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Supply Chain

Anti-Bribery Supply Chain Responsibility


Our reputation is one of our most important assets. Amphenol East Asia Electronics Technology
The bedrock of this hard-earned reputation is the
To improve supplier management and transparency
integrity and honesty of our employees around
for the supplier audit process, our Amphenol East
the world. Amphenol’s Code of Business Conduct
Asia Electronics Technology facility in Shenzhen,
and Ethics requires all employees to follow the law
China hosted a supplier meeting in December
and adhere to the highest ethical standards at all
2022. The event gave us the opportunity to explain
times. This includes following all anti-bribery laws
our corporate social responsibility policies and
in the jurisdictions in which we operate. In addition,
customer requirements in detail to the nearly 50
the making of any improper payments or offers of
participating suppliers. We believe that these types
payments to obtain or retain business is strictly
of collaborative events help clearly communicate
prohibited. This also includes prohibiting making
our expectations and standards for suppliers, and
payments (including commissions) to third parties who
encourage a more responsible and effective
in turn pay government officials or other third parties
supply chain.
to obtain or to retain business. Amphenol’s anti-bribery
efforts are further supported by a robust ethics and
compliance program, including an independent internal
audit function, training and a whistleblower and
investigation process with a strict policy prohibiting
retaliation. These commitments are also supported
and reinforced by our Supplier Code of Conduct so
that our corporate integrity is extended through to our
business partnerships.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 21


Our Team
We remain committed to supporting the health, safety and well-being of our 91,000 hard-working and
dedicated employees who are our greatest asset. We deliver on this commitment by developing and
training our people, providing safe working conditions and fostering an inclusive and diverse work
environment. Our commitment to our people extends to our local communities, and we thoughtfully
engage in a variety of corporate citizenship and philanthropic efforts that support their improvement.

22 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Our Team

Workplace Safety and Well-Being Committing to Safety


We recognize that the well-being of our employees Amphenol Optimize – Nogales, Mexico
goes hand in hand with our success. To support them,
In August, our local EHS team in Nogales,
many of our locations supplement traditional healthcare
Mexico hosted a safety event attended by
benefits with in-house health care clinics, mental health
nearly 200 managers and employees from our
and counseling support, on-site flu shots, dental care,
15 local manufacturing sites. The Safety Day
optional exercise classes, nutritional counseling and
event further strengthened management and
healthy food services.
EHS leadership’s commitment to make worker
Keeping our employees safe has always been one of safety a top priority across our operations. The
our highest priorities at Amphenol. The actions we event included speeches from the local General
have taken over the past three years during the COVID Manager and EHS managers, as well as from
pandemic to protect our factory employees, who make corporate human resources and the EHS&S team.
up the vast majority of our workforce, have allowed us The event concluded with all attendees signing
to safeguard their health while also ensuring we are able a safety commitment banner that reads “En
to continue to manufacture and provide products to Amphenol Optimize, todos nos comprometemos
our customers. con la seguridad” (At Amphenol Optimize, we are
all committed to safety). The teachings from the
Our on-site safety programs, resources, reporting and
event were then deployed to the local individual
training are coordinated locally by our EHS&S and
operations and each manufacturing building was
human resources teams to ensure these programs are
given its own banner for employees to sign a
properly communicated and understood. In addition,
pledge for a safe workplace. These banners serve
our safety training is conducted locally which enables
as a constant reminder of our commitment to
us to provide training and supervision that best fits the
safety at all levels.
specific needs of our different locations. Our corporate
EHS&S team works closely with our local teams to
track employee training hours and implement safety
policies and best practices that are in compliance
with local regulations. To help provide a safe working
environment, we have established safety committees
in the majority of our facilities and implemented ISO
45001 safety management systems in a number of
our locations.

In 2022, we initiated a new goal to support SDG 16.2


Peace, Justice and Strong Institutions. By the end of
2025, Amphenol will deliver enhanced training on
our health and safety requirements to all Amphenol
businesses worldwide.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 23


Our Team

Talent Development ESG and Anti-Human Trafficking/


Throughout 2022, we increased EHS&S awareness Forced Labor Training
among employees and continued to enhance our training As worldwide interest around environmental and
programs to support the health, safety and well-being of social responsibility continues to grow, Amphenol
all team members. During the year, we created a platform decided to launch a large-scale employee training
to deliver corporate-driven safety training throughout effort focusing on ESG and anti-human trafficking
all levels of the organization, which we plan to use in the and slavery (AHTS). Our corporate EHS&S team
future. We also established a dedicated EHS&S intranet to worked with our human resource team to identify
deliver content to all levels of the organization. In addition, specific human trafficking and forced labor
our corporate EHS&S team regularly provides specific challenges our employees and individuals involved
training to help fortify our culture of safety. As a result of in our value chain may potentially face. The training
all of these efforts, our training hours increased in 2022 also focused on best practices across both ESG
with our global workforce completing a total of 2.03 million and AHTS, emphasizing the “see something, say
training hours in 2022, an 11% increase from 2021. something” public awareness slogan. Once topic
Employee Training Hours areas were determined, our corporate EHS&S
(in millions)
team developed a scripted training deck, which
was subsequently translated into 18 additional
2.03 languages besides English. The corporate team
1.83
conducted train-the-trainer sessions with our
1.38
human resources staff, who then delivered the
content in both virtual and classroom settings
throughout the organization in our employees’
2020 2021 2022
local languages. Within a few months, 94% of our
We want to ensure that our business remains competitive,
manufacturing facility employees had received
which means supporting our employees with the training
general awareness training on the principles of ESG
and tools they need to develop and enhance their
and AHTS, and the content has been integrated into
professional skills. Our operations around the world
our new employee onboarding process.
support continuous learning and advanced training for
the development of new skills. We also enable employee
transfers to support new job opportunities in different
divisions or when employees choose to relocate.

SDG 9.2 Industry, Innovation and


Infrastructure – In 2022, we increased the
number of interns across the company with
85% of our operations now offering internship
programs, allowing us to meet our goal of expanding our
internship programs in the communities where our products
are produced.

24 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Our Team

Community Outreach
Our facilities actively engage with their local communities Times Fiber Communication – Chatham, Virginia
because we realize how critical the health and vitality We continue to support our local communities impacted
of these communities are to our own employees and by natural disasters and take pride in our ability to
to our business. Our community outreach is conducted support customers through uncertain times. Before
locally at the facility level, which helps ensure that Hurricane Ian made landfall in Florida, our team in
our efforts are directly supporting the communities Chatham, Virginia began manufacturing and preparing
where our employees live and work. Some of these to deliver replacement aerial cable which is most often
activities include sponsoring and partnering with local damaged by hurricane-force wind and rain. Soon after
charitable organizations to provide food for homeless the storm hit, one of our customers needed buried cable

shelters, donating school supplies to needy children and that had been washed out in the severe flooding, which
we quickly manufactured. As a result of our foresight,
sponsoring gift drives during the holidays.
our team was able to manufacture over 800,000 feet
Amphenol Advanced Sensors – Tijuana, Mexico of broadband cable within the first 24 hours of the
In April 2022, we started a campaign called “Banco storm’s landfall. In total, we delivered one million feet
de Tapitas” at two of our facilities in Mexico to collect of cable, allowing customers to continue to provide
plastic bottle caps to raise funds for the Children’s communications despite the catastrophic storm.
Anticancer Alliance. The Alliance helps pay for
chemotherapy treatment for children with cancer at
a local hospital in Baja, California. Bottle caps were
collected on-site in heart-shaped containers and sent
to a recycling center to be processed. Since the start
of Banco de Tapitas, the program has collected and
recycled approximately 0.5 tons of plastic bottle caps
and raised enough funds for the Children’s Anticancer
Alliance to provide a child with pediatric cancer Support for Ukraine
treatments in 2022. Our employees care deeply about supporting our
communities in times of turmoil. During 2022, many of
our teams mobilized to provide support for the many
Ukrainians dislocated by Russia’s attack on their country.
Our Tuchel business in Germany procured food and
supplies which were then delivered to the Red Cross to
support refugees and front-line responders. Our
El Cab business in Poland collected medicine and basic
necessities for Ukrainian soldiers and citizens which
were then transported to the Polish-Ukrainian border.
Our Procom business in the United Kingdom also
collected donations to support families in Ukraine. We
also employ many Ukrainians throughout Eastern Europe.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 25


Our Team

Diversity, Equity and Inclusion Women’s Leadership Workshop


Amphenol is a global, multicultural company and our
employees reflect the diversity of our geographic footprint.
At the end of 2022, 57% of our workforce was located in
the Asia-Pacific region, with 26% in North America and
16% in Europe. As of our last EEO-1 filing in 2021, which
is available on our website, 68% of our U.S. workforce
identified as white, 12% identified as Asian or Pacific
Islander, 12% identified as Hispanic and 7% identified as
Black. We plan to make our 2022 EEO-1 filing publicly
available when it is finalized later this year.

Black Undisclosed Amphenol Corporation


Men Women Hispanic 7% or other
51% 49% 12% 1%
In the fall of 2022, our senior female leaders and
Asian up-and-coming women from across Amphenol
12%
met for a Women’s Leadership Workshop. The
White goal of the event was to bring these Amphenolians
68%
together to discuss key business issues, including
Global Workforce U.S. Workforce Diversity developing leadership skills, resolving challenges
in the business, achieving exceptional results and
At Amphenol, we aim to create an inclusive working leading a high-performance team. Due to travel
environment where all employees are respected and restrictions, our women in China held their own
treated equitably. While our company spans the globe, in-person event but joined virtually for a panel
we remain agile by not standardizing our approach across discussion hosted by our CEO Adam Norwitt
our businesses. We rely on local nationals to serve as and Board Director Nancy Altobello. In total,
general managers in every region, a unique approach approximately 100 women from across Amphenol
that we believe creates a strong degree of organizational joined what proved to be a hugely successful event.
stability and a deep commitment to our people and the
communities in which they live.

A key hallmark of our structure is our entrepreneurial


culture that creates clear accountability for each of our
general managers who are our key business leaders.
Our core management team is comprised of these general
managers and their controllers, as well as our executive
management team. Women represented 27% of this
core management team at the end of 2022. Of our total
employees worldwide, approximately half are women.

26 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Responsible
Business
At Amphenol, we do the right thing, always. Maintaining our integrity
and reputation will always be our priority. Amphenol’s shared values
to be ethical at all times, create a diverse workforce, empower our
people, ensure a sustainable business and continue to innovate for
customers is fully endorsed by our Board of Directors and executive
management. Our corporate sustainability initiatives are supported,
reviewed and overseen by Amphenol’s Board of Directors.

Amphenol’s Board of Directors from left to right: Rita S. Lane, David P. Falck (Presiding Director), Anne Clarke Wolff, Martin H. Loeffler (Chairman),
R. Adam Norwitt (Chief Executive Officer), Nancy Altobello, Edward G. Jepsen, Robert A. Livingston and Prahlad Singh. (not pictured: Stanley L. Clark)

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 27


Responsible Business

Board of Directors

The mission of our Board of Directors is to represent the The Board has adopted governance structures and policies
interests of shareholders in the long-term performance of that it believes promote Board independence and the
the Company. The Board is elected annually by shareholders interests of shareholders. These structures and policies
to oversee and provide guidance on our business and is the include, among others:
ultimate decision-making body of the Company, except for
those matters specifically reserved to shareholders. • Annual election of all directors
• Presiding Director empowered with clearly
Our Board is committed to sound corporate governance
delineated duties
structures and policies that enable us to operate our
• A supermajority of independent directors
business responsibly and with integrity, and to position
us to compete more effectively, sustain our success and • Regular executive sessions at Board meetings without
build long-term shareholder value. In January 2023, we management present
announced the appointment of Prahlad Singh to our Board • Key Board committees composed exclusively of
of Directors. Mr. Singh brings more than twenty-five years independent directors
of global leadership experience to the Amphenol board. • Directors’ unrestricted access to management and
independent advisors
Our Board is currently comprised of ten directors. Stanley
L. Clark will be retiring from the Board at the conclusion of • Active shareholder engagement
his current term in May 2023, bringing our Board to nine • Proxy access for shareholders
directors. We would like to thank Stan for all of his many • Shareholder right to call special meetings
contributions to the Amphenol Board and wish him well in
• One-share, one-vote standard
his retirement.
In addition, the Company’s By-Laws and Corporate
Over the past five years, we have undertaken a significant
Governance Principles provide for majority voting in
effort to refresh our board with the election of five new
uncontested director elections, combined with a requirement
directors, including three women. The Board believes it
that the Board nominate only director candidates who
functions most effectively when comprised of a diverse
tender advance, irrevocable resignations that will become
set of members, including a healthy mix of short-, mid-
effective upon the occurrence of both (i) the failure to
and long-serving members. Our Board also believes that
receive the required majority vote for re-election and (ii)
diversity includes diversity in terms of background, skills, age,
acceptance by the Board. The Company has a plurality
experience and expertise, as well as gender, race and ethnicity.
voting standard for contested director elections.
Of our ten current directors, three were born outside of
the United States and two identify as under-represented
minorities (Black or African American, Hispanic or Latinx,
Asian, Native American or Alaska Native, Native Hawaiian
or Pacific Islander, or two or more Races or Ethnicities).
One identifies as LGBTQ+ and three of our directors
are women.

28 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Responsible Business

Ethical Culture

Compliance is a top priority to ensure we are operating Amphenol uses a number of strategies in order to promote and
ethically, efficiently and responsibly across our value chain. enhance an effective risk culture throughout our organization.
One of our key values is that we do the right thing, always. During each of our monthly management operation reviews
Maintaining our integrity and reputation will always be our CEO, CFO and Corporate Controller provide feedback
our priority. on risk management practices to our operating management
teams. Our operating management is required to consider risks
Amphenol’s Code of Business Conduct and Ethics
and risk mitigation strategies as part of their annual budget
provides employees with a standard approach to managing
processes and strategic planning processes and to include
ethical situations, information on available resources
specific mitigation strategies. Risk management performance
and policy guidance on common ethical issues. It also
is also considered in the process used to determine annual
provides employees direction on anti-corruption and
compensation for our senior executives, general managers
anti-competitive behavior as well as a number of other
and controllers. Our corporate policies encourage employees
important topics. All of our employees are held to and
to report possible violations of our policies or any other illegal,
covered by this Code, which is a core document that our
unethical or risky behavior to either the employee’s manager,
global management team receives training on and digitally
the Amphenol Legal Department, the Audit Committee of the
acknowledges each year. This is further supported by
Board of Directors or the Amphenol Ethics Hotline. Any such
a robust ethics and compliance program, including an
reporting is reviewed with the Audit Committee of the Board
independent internal audit function, and a whistleblower and
of Directors on a regular basis.
investigation process with a strict policy prohibiting retaliation.
Human Capital Management and Culture Oversight
Risk Oversight
Our Board is actively involved in overseeing the Company’s
Our Board is actively involved in overseeing risk
employee-related strategies and practices as well as the
management for the Company. This oversight is conducted
Company’s culture. This oversight is conducted both directly
both directly and through the committees of the Board.
and through certain of the Board’s committees. At each of its
At each regularly scheduled quarterly meeting, the entire
regularly scheduled quarterly meetings, the Board reviews
Board reviews various risks facing the Company. Each of
changes in key personnel and, multiple times a year, meets
the Board committees is responsible for oversight of risk
with management to discuss various human resources related
management practices for categories of risks relevant to
topics, including talent development, succession planning and
its functions. Each committee has a written charter setting
culture. We believe the Company’s culture has been a critical
forth its purpose, authority and duties. The committees
component of the Company’s success and reinforcing that
enhance the Board’s oversight of areas that are critical to
culture is a key responsibility of our executive management.
the Company’s corporate responsibility and sustainability
efforts, including among other things: transparent and The Board has primary responsibility for succession planning
reliable financial reporting, cybersecurity, ethics, pay-for- for the CEO and for our other executive management. The
performance, climate-related matters, diversity, equity and Compensation Committee has primary responsibility for
inclusion (DEI), Board succession planning, shareholder executive and company-wide compensation policies and
proposals and nominations and corporate governance. programs, as well as the Company’s DEI initiatives.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 29


Responsible Business

Sustainability Oversight

Amphenol’s sustainability initiatives are governed by At a management level, our senior leadership team is
a structure of leadership, oversight and goals that responsible for managing our sustainability programs.
encompass our entire company. These initiatives are In particular, Amphenol’s VP of Environmental, Health,
governed by a number of policies which outline our Safety and Sustainability is tasked with managing our
principles including in particular our: company-wide sustainability efforts. In addition, our
• Code of Business Conduct and Ethics Sustainability Steering Committee includes cross-functional
and cross-organizational representatives who meet
• Diversity, Equity and Inclusion Policy
formally on at least a semi-annual basis. This Committee
• Environmental Policy evaluates company-wide sustainability data, recommends
• Global Human Rights Policy appropriate goals to our executive team and coordinates

• Health and Safety Policy sustainability activities across the Company. Consistent
with Amphenol’s broader culture of empowerment
• Responsible Minerals Policy
and accountability, our local management teams are
• Supplier Code of Conduct responsible for executing our sustainability programs and
• Supplier Responsible Labor Policy achieving our sustainability goals.

Our Board of Directors oversees the Company’s overall Data Privacy


sustainability programs, including this Sustainability
Report. The Audit Committee is responsible for assisting Amphenol is committed to protecting the privacy and

the Board in fulfilling its oversight responsibility for security of the personal data of our employees, customers,

the “Environmental” portion of ESG, which includes (1) suppliers and other business contacts. Safeguarding

periodic reviews of the Company’s climate-change related personal data is a top priority. Amphenol’s privacy

strategies, policies, disclosures, goals, performance and compliance program is managed by a core team of

measurement, including with respect to greenhouse gas compliance professionals, with both Board and executive

emissions, energy and water usage and (2) monitoring management oversight.

the effectiveness of Company systems necessary to As part of our commitment to data privacy, we maintain
ensure compliance with applicable legislation, regulatory a compliance program designed to provide consistent
requirements, industry standards and Company policies, safeguards of personal data and compliance with applicable
programs and practices relevant to climate-change related privacy and data protection laws. We have detailed policies
matters. The Compensation Committee is responsible for and procedures for the protection and handling of personal
assisting the Board in fulfilling its oversight responsibility data, which we update regularly. In addition, we train
for the “Social” portion of ESG, which includes a periodic relevant employees on data privacy topics. In 2022, we
review of the Company’s DEI programs and performance. did not receive any complaints from regulatory bodies or
The Nominating/Corporate Governance Committee outside parties concerning breaches of customer privacy.
continues to be responsible for assisting the Board in
fulfilling its oversight responsibility for the “Governance”
portion of ESG.

30 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Responsible Business

Cybersecurity Political Contributions

Our Board of Directors maintains oversight responsibility The Company prohibits the use of corporate funds to
relating to our information security and cybersecurity make contributions to political parties or candidates,
program, with assistance from the Audit Committee of whether federal, state or local as stated in our Political
the Board. At least annually, our senior leadership team Activity Statement. Consistent with this approach,
(including the leaders of our information technology Amphenol’s policy is not to direct corporate funds to
and internal audit teams) provides an overview of our political organizations (that is, organizations organized
information security and cybersecurity programs to the full under Section 527 of the Internal Revenue Code) or
Board. In an effort to reduce the likelihood and severity of for communications to support or oppose specific
cyber intrusions, the Company has a comprehensive and political candidates (such as through electioneering
evolving cybersecurity program designed to protect and communications or other corporate independent
preserve the confidentiality, integrity and availability of our expenditures). Amphenol does not have a company-
data and systems. We regularly perform risk assessments sponsored Political Action Committee. In 2022, we did
and penetration tests relating to cybersecurity and not contribute any money to political campaigns, political
technology risks. We also conduct regular workforce organizations or organizations engaged to lobby directly on
training to instruct employees how to better identify behalf of the Company.
cybersecurity concerns and to avoid actions that might
Executive Compensation
inadvertently allow outsiders to access our systems. Our
greatest asset in combatting information security and Our executive compensation philosophy is designed to
cyber-related risks remains the Company’s decentralized align the interests of management with the interests of
information technology infrastructure, where each shareholders to drive long-term shareholder value through
business unit maintains a separate and distinct information performance. Our Board’s Compensation Committee
technology system. oversees our overall compensation and benefits
programs, including for our senior executives. In 2022,
Anti-Competitive Practices
our annual incentive bonus plan was amended to add
We seek competitive advantages through superior both sustainability and risk management performance as
performance, rather than through unethical or illegal discretionary factors in assessing an employee’s overall
business practices, as outlined in our Code of Business bonus payout. A comprehensive discussion of executive
Conduct and Ethics. Stealing proprietary information, compensation can be found in our definitive
possessing trade secret information that was obtained proxy statement.
without the owner’s consent or inducing such disclosures
by past or present employees of other companies is strictly
prohibited. Each employee is expected to deal fairly with
the Company’s customers, suppliers, competitors, officers
and employees. We are proud that our business has never
incurred any government fines or settlements related to
anticompetitive practices, corruption or bribery.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 31


Appendix A
GRI Content Index
Amphenol has reported the information cited in this GRI content index for the 2022 fiscal year with reference to the
GRI Standards. In alignment with the requirements in GRI 1: Foundation 2021 Standard, this content index references:
Disclosures 2-1 to 2-29, from GRI 2: General Disclosures 2021; Disclosures 3-1 to 3-3 from GRI 3: Material Topics 2021;
Disclosures 201-1 to 201-3 from GRI 201: Economic Performance 2016; Disclosures 205-2 and 205-3 from GRI 205: Anti-
Corruption 2016; Disclosure 206-1 from GRI 206: Anti-competitive Behavior 2016; Disclosures 302-1 and 302-3 from
GRI 302: Energy 2016; Disclosures 303-3 to 303-5 from GRI 303: Water and Effluents 2018; Disclosures 305-1 to 305-4
from GRI 305: Emissions 2016; Disclosures 306-1 to 306-5 from GRI 306: Waste 2020; Disclosures 403-1, 403-5 and 403-
9 from GRI 403: Occupational Health and Safety 2018; Disclosures 404-1 and 404-2 from GRI 404: Training and Education
2016; Disclosure 405-1 from GRI 405: Diversity and Equal Opportunity 2016; Disclosure 409-1 from GRI 409: Forced or
Compulsory Labor 2016; and Disclosure 415-1 from GRI 415: Public Policy 2016.

Note that Disclosure 2-30 Collective bargaining agreements under GRI 2: General Disclosures 2021 was omitted as we
do not report this due to unavailable information or confidentiality constraints.

This 2022 Sustainability Report and the data included within has not been externally verified at the time of publication of
this report. We have initiated the process of having our 2022 energy and Scope 1 and 2 GHG emissions data externally
verified for the purposes of our CDP submission in 2023.

Disclosure
Disclosure Title Location
Number
GRI 2: General Disclosures 2021

2-1 Organizational details About Amphenol (p. 4); 2022 10-K Report

Entities included in the organization’s sustainability 2022 10-K Report; About Amphenol (p. 4-5); Our Sustainability Approach
2-2
reporting and Progress (p. 6); Appendix C: ESG Metrics

2022 10-K Report; About Amphenol (p. 4-5); Our Sustainability Approach
2-3 Reporting period, frequency and contact point
and Progress (p. 6); Appendix C: ESG Metrics; back cover
The reporting boundary of our 2021 Sustainability Report was disclosed
as "all manufacturing facilities." We have since updated this definition to
clarify that our reporting boundary extends to all manufacturing facilities
and owned facilities.
2-4 Restatements of information
We began calculating our market-based Scope 2 GHG emissions in 2021.
As a result, historical location- and market-based Scope 2 GHG emissions
intensity figures remain unchanged, but are now reported separately to
clarify this distinction.

2-5 External assurance Our Sustainability Approach and Progress (p. 6)

2-6 Activities, value chain and other business relationships 2022 10-K Report

2-7 Employees About Amphenol (p. 4-5); Our Team (p. 23-26); Appendix C: ESG Metrics

2-8 Workers who are not employees Our Team (p. 23-24); Appendix C: ESG Metrics

2-9 Governance structure and composition 2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28)

2-10 Nomination and selection of the highest governance body 2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28)

2-11 Chair of the highest governance body 2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28)

32 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Disclosure
Disclosure Title Location
Number
GRI 2: General Disclosures 2021 (continued)

Role of the highest governance body in overseeing the


2-12 2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28-31)
management of impacts

2-13 Delegation of responsibility for managing impacts 2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28-31)

Role of the highest governance body in sustainability


2-14 2021 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28-31)
reporting

2-15 Conflicts of interest 2022 10-K Report; 2023 Proxy Statement

2-16 Communication of critical concerns 2021 10-K Report; 2023 Proxy Statement; Responsible Business (p. 29)

2-17 Collective knowledge of the highest governance body 2022 10-K Report; 2023 Proxy Statement

Evaluation of the performance of the highest governance


2-18 2022 10-K Report; 2023 Proxy Statement
body

2-19 Remuneration policies 2022 10-K Report; 2023 Proxy Statement

2-20 Process to determine remuneration 2022 10-K Report; 2023 Proxy Statement

2-21 Annual total compensation ratio 2023 Proxy Statement

A Message from Adam Norwitt (p. 3); Our Sustainability Approach and
2-22 Statement on sustainable development strategy
Progress (p. 6); Stakeholder Engagement (p. 8)

A Message from Adam Norwitt (p. 3); About Amphenol (p. 4-5); Our
2-23 Policy commitments Sustainability Approach and Progress (p. 6); Our Sustainability Goals (p. 7);
Supply Chain (p. 19); Responsible Business (p. 28-31)
About Amphenol (p. 4-5); Our Sustainability Approach and Progress (p. 6);
2-24 Embedding policy commitments Our Sustainability Goals (p. 7); Supply Chain (p. 19); Responsible Business (p.
28-31)

2-25 Processes to remediate negative impacts Responsible Business (p. 28-31)

2-26 Mechanisms for seeking advice and raising concerns Responsible Business (p. 28-31)

Supply Chain (p. 19-21); Responsible Business (p. 28-31); Appendix C: ESG
2-27 Compliance with laws and regulations
Metrics

2-28 Membership Associations Supply Chain (p. 19-21)  

2-29 Approach to stakeholder engagement Stakeholder Engagement (p. 8)

GRI 3: Material Topics 2021

3-1 Process to determine material topics Stakeholder Engagement (p. 8)

3-2 List of material topics Stakeholder Engagement (p. 8)

3-3 Management of material topics Stakeholder Engagement (p. 8)

GRI 201: Economic Performance 2016

201-1 Direct economic value generated and distributed 2022 10K Report; 2023 Proxy Statement; Appendix C: ESG Metrics

Financial implications and other risks and opportunities


201-2 2022 10K Report; Appendix D: TCFD Disclosure
due to climate change

201-3 Defined benefit plan obligations and other retirement plans 2022 10K Report

GRI 205: Anti-corruption 2016

Communication and training about anti-corruption policies


205-2 Responsible Business (p. 28-31); Appendix B: SASB Alignment
and procedures

205-3 Confirmed incidents of corruption and actions taken Responsible Business (p. 28-31); Appendix B: SASB Alignment

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 33


Disclosure
Disclosure Title Location
Number
GRI 206: Anti-competitive Behavior 2016

Legal actions for anti-competitive behavior, anti-trust,


206-1 Responsible Business (p. 28-31); Appendix B: SASB Alignment
and monopoly practices

GRI 302: Energy 2016

Environmental Responsibility (p. 10-11); Appendix B: SASB Alignment;


302-1 Energy consumption within the organization
Appendix C: ESG Metrics

302-3 Energy intensity Environmental Responsibility (p. 10-11); Appendix C: ESG Metrics

GRI 303: Water and Effluents 2018

303-3 Water withdrawal Environmental Responsibility (p. 12); Appendix C: ESG Metrics

303-4 Water discharge Appendix C: ESG Metrics

303-5 Water consumption Appendix C: ESG Metrics

GRI 305: Emissions 2016

305-1 Direct (Scope 1) GHG emissions Environmental Responsibility (p. 10-11); Appendix C: ESG Metrics

305-2 Energy indirect (Scope 2) GHG emissions Environmental Responsibility (p. 10-11); Appendix C: ESG Metrics

305-3 Other indirect (Scope 3) GHG emissions Environmental Responsibility (p. 10-11); Appendix C: ESG Metrics

305-4 GHG emissions intensity Environmental Responsibility (p. 10-11); Appendix C: ESG Metrics

GRI 306: Waste 2020

306-1 Waste generation and significant waste-related impacts Environmental Responsibility (p. 13); Appendix B: SASB Alignment

306-2 Management of significant waste-related impacts Environmental Responsibility (p. 13); Appendix B: SASB Alignment
Environmental Responsibility (p. 13); Appendix B: SASB Alignment; Appendix
306-3 Waste generated
C: ESG Metrics
306-4 Waste diverted from disposal Environmental Responsibility (p. 13); Appendix C: ESG Metrics

306-5 Waste directed to disposal Environmental Responsibility (p. 13); Appendix C: ESG Metrics

GRI 403: Occupational Health and Safety 2018

403-1 Occupational health and safety management system Our Team (p. 23); Appendix C: ESG Metrics
Our Sustainability Approach and Progress (p. 6); Our Team (p. 23); Appendix
403-5 Worker training on occupational health and safety
C: ESG Metrics
403-9 Work-related injuries Appendix C: ESG Metrics

GRI 404: Training and Education 2016

404-1 Average hours of training per year per employee Appendix C: ESG Metrics
Programs for upgrading employee skills and transition
404-2 Our Team (p. 24)
assistance programs

GRI 405: Diversity and Equal Opportunity 2016

405-1 Diversity of governance bodies and employees Our Team (p. 26); Responsible Business (p. 28-31)

GRI 409: Forced or Compulsory Labor 2016

Operations and suppliers at significant risk for incidents


409-1 Supply Chain (p. 19-20)
of forced of compulsory labor.

GRI 415: Public Policy 2016

415-1 Political contributions Responsible Business (p. 31); Appendix C: ESG Metrics

34 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Appendix B
SASB Alignment
We have utilized the SASB standard specific to our primary industry as identified in the Sustainable Industry Classification
System® (SICS®): Resource Transformation Sector – Electrical & Electronic Equipment Sustainability Accounting Standard
(October 2018). Included in our table are topics we have identified as material and we are currently able to report on.

SASB Code Accounting Metric Units 2020 2021 2022

Energy Management
(1) Total energy consumed gigajoule 2,662,186 3,128,301 3,292,788
(2) Percentage grid electricity % 79% 79% 78%
(3) Percentage renewable % 0% 0% 6%
Discussion of accounting for energy management:
1.1 The scope of energy consumption includes energy from all sources, including energy purchased from sources external to
Amphenol and energy produced by Amphenol itself (self-generated).
RT-EE-130a.1 1.2 The scope of energy consumption includes only energy directly consumed by Amphenol during the identified reporting periods.
2.1 The percentage has been calculated as purchased grid electricity consumption divided by total energy consumption.
3.1 Renewable energy is defined as energy from sources that are replenished at a rate greater than or equal to their rate of
depletion, such as geothermal, wind, solar, hydro and biomass. Based on our facility calculations, we estimate our percent of
purchased renewables were 20%, 14% and 19% in 2022, 2021 and 2020, respectively, as noted in Appendix C.
3.2 The percentage has been calculated as renewable energy consumption divided by total energy consumption.
3.3 We purchased 54,000 MWh of EACs in 2022, of which 45,924 MWh was consumed in 2022 and reported herein.
The balance will be used and reported in 2023.
Hazardous Waste Management
(1) Amount of hazardous waste generated metric tons 5,155 6,732 6,680
(2) Number and aggregate quantity of reportable spills # 0 0 0
RT-EE-150a.1
Discussion of accounting for hazardous waste management:
Hazardous wastes are defined per the applicable legal or regulatory frameworks (i.e., U.S. Resources Conservation and
RT-EE-150a.2 Recovery Act (RCRA) or the EU Waste Framework Directive (Directive 2008/98/EC on waste, including its subsequent
amendments)) within the jurisdictions in which Amphenol operates. Reportable spills are defined by Amphenol as those that
incur costs of $50,000 or greater.
Product Lifecycle Management

Percentage of eligible products, by revenue, that meet ENERGY STAR® criteria:


RT-EE-410a.2 The majority of our products are used within other systems and do not consume energy. Therefore, the ENERGY
STAR® criteria is not applicable for our products.

Materials Sourcing

Discussion of the management of risks associated with the use of:


(1) Critical Minerals
RT-EE-440a.1 (2) Conflict Minerals
A discussion of Amphenol's policies and practices for the management of risks associated with the use of critical materials
and conflict minerals can be found in our Responsible Minerals Policy and Conflict Minerals Report.

Business Ethics

Description of policies and practices for prevention of:


(1) Corruption and Bribery
(2) Anti-Competitive Behavior
RT-EE-510a.1
A discussion of Amphenol's policies and practices for the prevention of corruption and bribery can be found in our 2022
10-K SEC filing, Item 1A, Risk Factors, Risks related to our global operations, page 13. Amphenol's position on corruption,
bribery and anti-competitive behavior can also be found within our Code of Business Conduct and Ethics.

Total amount of monetary losses as a result of legal


RT-EE-510a.2 USD 0 0 0
proceedings associated with bribery or corruption

Total amount of monetary losses as a result of


RT-EE-510a.3 legal proceedings associated with anti-competitive USD 0 0 0
behavior regulations

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 35


Appendix C
ESG Metrics

Units 2020 2021 2022

Manufacturing facilities in scope number 191 226 240

Environmental Data

Energy Consumption
Fuel from non-renewable sources MWh 128,290 159,058 173,914
Production of renewable energy MWh 3,033 3,185 3,928
Renewable electricity produced/consumed on-site MWh - 273 604
Renewable heat produced/consumed on-site MWh - 2,912 3,325
Purchased electricity MWh 586,332 687,817 713,322
Non-renewable purchased electricity MWh 476,304 593,095 550,188
Renewable purchased electricity MWh 110,028 94,722 145,932
Purchased heat/steam1 MWh 21,842 18,913 23,500
Total energy consumed MWh 739,497 868,973 914,664
Energy intensity MWh/$M revenue 86.0 79.9 72.5
Total renewable energy used MWh 113,061 97,907 153,428
Percent renewable energy used (SDG 6) % 19% 14% 20%
Production of renewable for sale MWh - 6,104 5,386
Greenhouse Gas Emissions 2

Direct (Scope 1)3 metric tons CO2e 31,283 38,057 43,881


Indirect (Scope 2)
Location-based4 metric tons CO2e 306,475 349,458 357,248
Market-based5 metric tons CO2e - 364,338 312,574
Outside of scope - from biofuel metric tons CO2e - - 216
Total (Scope 1 and Location-based Scope 2) metric tons CO2e 337,758 387,515 401,129
Greenhouse gas emissions intensity metric tons CO2e
39.3 35.6 31.8
(Scope 1 and Location-based Scope 2) /$M revenue
Total (Scope 1 and Market-based Scope 2) metric tons CO2e - 402,394 356,455
Greenhouse gas emissions intensity metric tons CO2e
- 37.0 28.2
(Scope 1 and Market-based Scope 2) /$M revenue
Indirect (Partial Scope 3)6 metric tons CO2e - 410,590 6,014,744
Category 1 metric tons CO2e - - 5,468,886
Category 2 metric tons CO2e - 27,710 30,470
Category 3 metric tons CO2e - 125,758 129,794
Category 5 metric tons CO2e - 20,394 20,757
Category 6 metric tons CO2e - - 33,911
Category 7 metric tons CO2e - - 12,319
Category 8 metric tons CO2e - 233,071 32,559
Categories 4 & 9 metric tons CO2e - - 286,048
Category 13 metric tons CO2e - 3,657 -
Environmental Incidents and Violations
Incidents or violations $50,000 or greater number 0 0 0

36 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Environmental Data (continued) Units 2020 2021 2022

Water Management
Groundwater intake megaliters 342 356 301
Water distribution system supply megaliters 2,949 3,267 3,459
Fresh surface water intake megaliters 2 22 8
Total withdrawal megaliters 3,293 3,644 3,768
Total discharged megaliters 2,871 3,082 3,230
Net water consumption megaliters 421 563 538
Water intensity megaliters/$M revenue 0.38 0.34 0.30
Waste Management
Total waste generated metric tons 34,184 43,032 50,744
Total waste diverted from disposal metric tons 19,400 27,733 32,128
Total waste directed to disposal metric tons 14,784 15,299 18,616
Total non-hazardous waste metric tons 29,030 36,309 44,064
Total hazardous waste metric tons 5,155 6,732 6,680
Total non-hazardous diverted from disposal metric tons 16,889 23,222 27, 872
Non-hazardous waste reused metric tons 441 742 2,125
Non-hazardous waste recycled metric tons 14,965 19,480 22,713
Non-hazardous waste otherwise recovered metric tons 1,484 2,999 3,034
Total non-hazardous waste directed to disposal metric tons 12,141 13,078 16,192
Non-hazardous waste incinerated with energy recovery metric tons 2,674 3,297 5,047
Non-hazardous waste incinerated without energy recovery metric tons 1,263 1,347 591
Non-hazardous waste landfilled off-site or permanent
metric tons 6,270 6,762 7,983
on-site holding
Non-hazardous waste otherwise disposed metric tons 1,933 1,672 2,572
Total hazardous waste diverted from disposal metric tons 2,511 4,511 4,256
Hazardous waste reused metric tons 33 86 52
Hazardous waste recycled metric tons 1,114 2,815 2,400
Hazardous waste otherwise recovered metric tons 1,364 1,610 1,805
Total hazardous waste directed to disposal metric tons 2,644 2,221 2,423
Hazardous waste incinerated with energy recovery metric tons 204 290 251
Hazardous waste incinerated without energy recovery metric tons 518 621 542
Hazardous waste landfilled off-site or permanent on-site holding metric tons 308 230 240
Hazardous waste otherwise disposed metric tons 1,614 1,079 1,391

Social Data

Employees in Scope
Amphenol employees number 59,460 65,162 70,645
Contract employees number 17,068 20,208 20,243
Interns number 723 218 364
Full-time workers number 75,375 84,621 89,743
Part-time workers number 1,153 1,061 1,335
Amphenol employees total hours worked hours 143,820,478 159,162,591 167,166,259
Contract employees total hours worked hours 42,836,553 55,733,441 57,066,156
Training
Total hours7 hours 1,377,022 1,825,061 2,027,545

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 37


Social Data (continued) Units 2020 2021 2022

Injuries and Safety Incidents


Total lost-time injuries
Amphenol employees number 259 295 305
Contract employees number 30 17 56
Total Lost-time injury rate
Injuries per 200,000
Amphenol employees 0.36 0.37 0.36
hours worked
Injuries per 200,000
Contract employees 0.14 0.06 0.20
hours worked
Work-related fatalities
Amphenol employees number 0 0 0
Contract employees number 0 0 0
Facilities with safety committees number 163 199 229

Governance Data

Employees
Total employees worldwide at year-end, approximate number 80,000 90,000 91,000
Total percentage of female employees worldwide % 49% 48% 49%
Total percentage of women in core management % 29% 28% 27%
Revenue
Total $ in millions 8,599 10,876 12,623
Environmental Health and Safety Management
Facilities with ISO 14001 management systems number 98 112 121
Facilities with ISO 45001 management systems number 27 28 31
Political Contributions
Total spent on contributions to political campaigns, political
$ 0 0 0
organizations or lobbying

Footnotes:
1. Includes 1,847, 2,167 and 3,568 MWh of renewable purchased heat/steam for 2020, 2021 and 2022, respectively.
2. Metric tons CO2 equivalence were calculated using methodology as outlined by the World Resource Institute Greenhouse Gas Protocol. Some of the emission factors for
Scope 3 are only available as CO2 emissions, but are presented as CO2e.
3. Scope 1 emission factor sources include: 2006 IPCC Guidelines for National GHG Inventories, 2019 update, UK Government GHG Conversion Factors for Company
Reporting - Fuel Properties, DEFRA 2022 Government greenhouse gas conversion factors for company reporting: Methodology Paper for Conversion factors Final Report
(page 14), IEA Emissions Factors 2022, The Greenhouse Gas Protocol, California Air Resources Board, and the Climate Registry (Table 5.1).
4. Scope 2 location-based emission factor sources include purchased electricity emission factors from the EPA eGrid, IEA, as well as emission factors for heat, steam and
cooling from utility suppliers or DEFRA.
5. Scope 2 market-based emission factor sources include purchased electricity emission factors from the EPA eGrid, IEA, Green-e Residual Mix, the Associations of Issuing
Bodies (AIB), utility-specific emission factors, as well as emission factors for heat, steam and cooling from utility suppliers or DEFRA.
6. Categories 10, 14, 15 have been assessed and found to be not relevant. Categories 11 and 12 have not yet been assessed. Category 13 has been calculated but found to
be not relevant.
7. In 2022, training hours were approximately 22 hours per employee or worker.

Notes:
A. Years for which no data were collected are represented by a ‘ – ‘.
B. ‘Workers’ implies Amphenol, contractor and intern employees.
C. All periods noted are for their respective calendar year.
D. The boundaries of Amphenol’s emission assessment are in-scope manufacturing facilities under our operational control, and the gases included are CO2, CH4, N2O,
and certain refrigerants, which are all reported as CO2 equivalent.
E. The scope of the data for 2021 and 2022 is all manufacturing and owned facilities under Amphenol’s organizational control. For 2020, with the exception of governance data
for employees, revenue and political contributions, the scope was manufacturing facilities under Amphenol’s organizational control, which were greater than
1000 square meters.

38 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Appendix D
TCFD Disclosure

Governance

Disclose the organization’s governance around climate-related risks and opportunities.

a) Describe the Board’s oversight of Our Board of Directors, including through its various committees, oversees climate-related risks as
climate-related risks and opportunities. part of its broader risk management responsibilities. The Board’s risk management oversight takes
place throughout the year at each regularly scheduled meeting of the Board and its committees.
The responsibilities of the Audit Committee expressly include assisting the Board in fulfilling its
oversight responsibility for the “Environmental” portion of ESG, which shall include periodic review
of the Company’s climate-change related strategies, policies, disclosures, goals, performance and
measurement, including with respect to greenhouse gas (GHG) emissions, energy and water usage
and any other relevant subjects as determined by the Company, and to monitor the effectiveness of
Company systems necessary to ensure compliance with applicable legislation, regulatory requirements,
industry standards and Company policies, programs and practices relevant to climate-change related
matters. Certain members of the Company’s senior management provide regular updates to the Board
and appropriate committees on the Company’s ESG risks, opportunities, priorities, initiatives and
progress towards goals, including with respect to climate-related risks and opportunities.

b) Describe management’s role in Senior management is responsible for assessing and managing climate-related risks and opportunities.
assessing and managing climate- In particular, the Company’s Vice President of Environmental, Health, Safety and Sustainability is tasked
related risks and opportunities. with managing our company-wide sustainability efforts and keeps senior management apprised of
potential climate-related initiatives and opportunities. In addition, our Sustainability Steering Committee
includes cross-functional and cross-organizational representatives who meet formally on at least a
semi-annual basis. This Committee evaluates company-wide sustainability data, recommends appropriate
goals to our senior management and coordinates the Company’s sustainability activities across the
Company. The Company’s Chief Executive Officer, Chief Financial Officer, Senior Vice President,
Human Resources, and Vice President, Investor Relations, also provide valuable input identified through
engagement with shareholders, the investment community and other important stakeholders.

Additionally, senior management identifies and evaluates ESG risks (including climate-related risks in
alignment with TCFD) based on their potential financial materiality, the probability and magnitude of the
risk and the risk mitigation measures adopted by the Company. Senior management assesses a variety of
GHG emissions reduction opportunities that (1) align with the Company’s overall business strategy and
business model and (2) support the Company’s climate-related priorities and goals.

Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning.

a) Describe the climate-related risks Amphenol evaluates its risks and opportunities with respect to business strategy on three separate time
and opportunities the organization has scales: Short-Term (1 to 3 years), Medium-Term (3 to 7 years), and Long-Term (7 to 15 years). We also
identified over the short, medium and recognize the longer-term time horizons that extend decades into the future with respect to climate
long term. change as an input to defining risks and opportunities. While current climate models predict significant
and varied impacts from climate change on a global scale, given the geographically dispersed nature of
our assets it is unlikely our direct operations will be materially impacted over the assessed time horizons.
More specifically, as of December 31, 2022, Amphenol operated approximately 240 manufacturing
facilities across more than 40 countries, with no single operation representing a material portion of the
Company’s overall production. Amphenol is working on implementing a more focused climate-related
risk assessment that is aligned with the TCFD recommendations and will consider both upstream and
downstream climate-related impacts. Potential climate-related risks and opportunities to our direct
operations that have been identified as part of our assessment are categorized per the TCFD guidance below.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 39


Strategy (continued)

a) Describe the climate-related risks PHYSICAL RISKS


and opportunities the organization has The Company identifies climate-related physical risks as either acute or chronic. Acute risks arise
identified over the short, medium and from more frequent and severe extreme weather events such as floods, hurricanes or wildfires, and
long term. (continued) chronic risks are those risks that arise from the cumulative impacts of increasing temperatures, such as
changing precipitation patterns and rising sea levels.

Applicability to Our Business: Physical risks, both acute and chronic, could damage our facilities,
equipment and other assets; increase expenses and hamper our ability to deliver for our customers;
cause potential impacts to our labor force; and affect our production capacity and that of our customers
and suppliers. In an effort to mitigate physical risks due to climate change, we have committed to
Sustainable Development Goal (SDG) 11.5 to provide that our highest valued facilities incorporate the
impact of risks due to climate change in their local business continuity plans. We plan to include impact
evaluations in our business continuity protocols and include mitigating measures as appropriate. Our
evaluation determined that flooding, extreme heat and water scarcity may pose risks such as damage to
assets and reduced reliability of power supply and may impact the health and safety of the workforce.
Our commitment to SDG 16.2 further mitigates this risk by delivering enhanced training on health and
safety by climate-related effects. For the facilities that are at high risk for multiple conditions (flooding,
extreme heat, and water scarcity), there are opportunities for mitigation such as energy or water
reduction initiatives, protection of assets and strong business continuity protocols. For the businesses
that rely on these facilities, each also operates in other locations which mitigates the risk of business
interruption. We will continue to monitor the potential business impacts of physical climate-related risks.

TRANSITION RISKS
Amphenol identifies climate-related transition risks as those driven by the market-based need
to transition to a lower-carbon economy, including the development of, and investment in,
new technologies and services that support this lower-carbon transition. This also includes the
accompanying range of legal, regulatory, policy, liability and reputational issues associated with a
transition to a lower-carbon economy.

Applicability to Our Business: Transition risks could increase Amphenol’s operating costs resulting from
compliance with policy-driven responses to climate change, such as those that mandate energy and
fuel efficiency, regulate GHG emissions or restrict or mandate specific energy sources. Decreased
availability and increased cost of raw materials due to climate-related factors could also pose a risk
to the Company’s supply chain resilience and business strategies. Given that Amphenol has locations
in regions where GHG emissions trading schemes are emerging or have been implemented, we will
continue to examine the applicability of these schemes to the business. In addition, Amphenol has
facilities in geographies that have committed to a Net-Zero target which may lead to a variety of cost
increases such as transportation of goods, energy and costs due to more frequent reporting. At the
same time, this is an opportunity for Amphenol to set GHG emissions reduction targets and as such we
have committed to SDGs 7.2 and 13.1.

OPPORTUNITIES
Amphenol utilizes the TCFD-recommended guidance to evaluate climate-related opportunities. This
includes actions we are taking around climate change mitigation aimed at supporting decarbonization,
as well as climate adaptation strategies that help us increase our resilience to changing conditions.

Applicability to Our Business: The transition to a lower-carbon economy creates enormous growth
opportunities for Amphenol. Through our broad product portfolio, Amphenol is enabling a cleaner, safer
and more sustainable world through our products. Our product solutions help generate renewable
energy, create a smarter and more efficient power grid, enable electric vehicles and related charging
infrastructure and connect people across the globe. Within our own operations, we also have the
opportunity to invest in more energy-efficient buildings and equipment to reduce operational costs and
to use lower-emission or renewable sources of electricity to help reduce future regulatory transition
risks. Some of our businesses have also transitioned or are in the process of transitioning to electric
or hybrid fleet vehicles for Company usage. We also recognize that Amphenol has the opportunity
to support the transition to a lower-carbon economy through our innovative products, and that our
reputation with respect to sustainability is important for our employees, customers, the communities in
which we operate and other stakeholders.

40 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Strategy (continued)

b) Describe the impact of climate- Amphenol has taken measures to integrate climate-related risks and opportunities into its business
related risks and opportunities on the strategy and financial planning. We have developed business continuity protocols and training, as well as
organization’s businesses, strategy and periodic assessments of the exposure of the Company’s physical assets, to help mitigate climate-related
financial planning. risks. Within each of our businesses we seek to reduce the environmental footprint of our products
by reducing their weight, optimizing their energy needs and limiting GHG emissions and waste related
to their manufacturing. We continue to assess the feasibility of reducing our environmental footprint
through partnerships with our suppliers which may include energy reduction targets or increased local
sourcing. In terms of our business strategy and financial planning, we are investing in a multitude of
products that enable a cleaner, safer and more sustainable world, including products that support the
growth in electric vehicles, decarbonization technologies, sustainable agriculture and clean energy
solutions. While our products are often advanced, highly engineered solutions, they are typically a small
component integrated into a larger system. As a result, our products generally represent only a fraction
of the energy consumption and overall GHG emissions of the larger system, yet they play an outsized
role in enabling end products and systems that contribute to a cleaner planet.

c) Describe the resilience of the Amphenol understands that climate-related physical and transition risks vary by geography, and that the
organization’s strategy, taking into magnitude of these risks also varies as a function of the rate of global warming. Amphenol’s approach
consideration different climate-related to assessing and managing climate-related risks accounts for these different global warming scenarios.
scenarios, including a 2°C or lower If no steps are taken to reduce GHG emissions then global temperatures are predicted to be well
scenario. above 2°C, and physical climate risks to us will be greater over the long term. Conversely, if the world
transitions rapidly to a lower-carbon economy and prevents warming above 2°C, then physical risks
to us are expected to decrease, however we will face greater transition risks under this scenario. Our
decentralized business strategy enables us to remain resilient both in our supply chain availability and in
our ability to maintain business continuity. We continue to expand our geographic footprint and market
diversity which further strengthens our resilience against the risk of financially material concerns in the
context of climate change.

Managing Climate Change Risk

Disclose how the organization identifies, assesses and manages climate-related risks.

a) Describe the organization’s processes Currently, climate-related risks are reviewed and considered by the Board (including relevant Board
for identifying and assessing climate- committees) and senior management in the context of their broader risk management responsibilities.
related risks. When evaluating the materiality of climate-related risks in relation to other risks, the Board and senior
management consider (in no order of priority): (1) with respect to both transition and physical risks, (a)
the financial impact (considering insurance coverage and availability of capital, as applicable) and (b)
input from key stakeholders, and (2) with respect to physical risks, the extent of (a) potential damage and
any related repair activities and (b) any disruption to operations and ability to support our customers. In
2022, Amphenol implemented a more focused, climate-related risk assessment aligned with the TCFD
recommendations for the short-term, medium-term and long-term. With respect to physical risks, we
evaluated our operations with the highest potential loss for chronic and acute physical risks in areas
such as water scarcity, water quality, flooding, heat and other extreme weather events, utilizing global
datasets made publicly available by the World Wildlife Fund (WWF) Water Risk Filter. Each risk was
modeled independently, and selected risks were overlayed to provide additional precision in prioritizing
risks. Amphenol identified the impact of each of these risks, financial implications such as potential
property damage and business interruption, and practical opportunities to reduce exposure. As a result
of this effort, we concluded that these risks are not financially material. We understand that the risks
presently identified may increase in severity and frequency, and we will continue to develop a strategic
response to navigate these risks as appropriate. Regulatory and market transition risks were also
evaluated using publicly available tools. To date, Amphenol has not been materially impacted by climate-
related events. If a climate-related event were to impact a Company facility, the General Manager of such
facility would immediately contact senior management to communicate the impact of such a climate-
related event on the relevant operation. When identifying and assessing climate-related risks, members
of senior management also monitor and report on the expected financial implications of any regulatory
compliance or significant shift in sentiment from key stakeholders stemming from transition risks.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 41


Managing Climate Change Risk (continued)

b) Describe the organization’s processes Amphenol’s resiliency efforts play a key role in managing physical risks. Through business continuity protocols
for managing climate-related risks. and training as well as periodic assessments of our physical footprint, we are able to reduce the extent of
our exposure to such risks. In addition, the geographically dispersed nature of our assets helps mitigate
the impact from any single climate-related event or series of climate-related events concentrated in one
geographic region, even if such events were to increase in frequency or severity. Where the measures
discussed above are not adequate to protect our assets, we obtain insurance coverage to offset a portion
of the cost of any resulting damage and subsequent repair costs. Where existing resiliency efforts,
geographically dispersed nature of assets and insurance coverage are insufficient to address all existing
physical risks, we continuously evaluate whether additional measures or the expansion of existing measures
would be prudent to further protect our operations. Amphenol has also implemented and explored various
measures to manage transition risks, which include procuring renewable energy for our facilities and making
a number of energy-efficient investments around the world. In 2022, 20% of our purchased electricity
came from renewable sources. To further advance this effort, we have established a new goal, SDG 7.2,
to increase our use of renewable energy to 50% by the end of 2030.

c) Describe how processes for As a result of the 2022 climate-related risk assessment, Amphenol improved our ability to quantify risks at
identifying, assessing and managing a more site-specific level, and thus enable the operations to locally mitigate the defined risks and increase
climate-related risks are integrated our overall resilience. Our goal, SDG 11.5, will enable a more defined risk-mitigation effort through the
into the organization’s overall risk use of business continuity protocols for our most exposed sites. Through our monthly operations reviews,
management. we will continue to assess chronic physical and transition climate-related risks and opportunities that may
arise in the longer term, across our own operations and value chain.

Metrics and Targets

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities.

a) Disclose the metrics used by the In 2022, Amphenol tracked the following metrics relevant to climate-related risks and opportunities:
organization to assess climate-related
risks and opportunities in line with its • Scope 1 GHG emissions;
strategy and risk management process.
• Scope 2 (location-based and market-based) GHG emissions;

• Partial Scope 3 GHG emissions (Categories 1, 2, 3, 4, 5, 6, 7, 8, 9 have been calculated; 10, 14 and
15 have been assessed and found to be not relevant; 11 and 12 have not yet been assessed; 13 has
been calculated but found to be not relevant);

• GHG emissions intensity (Scope 1 and 2 combined GHG emissions per unit of revenue);

• Energy consumption, including fuel, heat/cooling or steam, and generated or purchased electricity;

• Energy intensity (MWh per unit of revenue);

• Total waste (non-hazardous and hazardous) and by disposal type (landfill, reused, recycled,
incinerated, energy recovery, other);

• Water withdrawal, discharge and consumption; and

• Water withdrawal intensity (megaliters per unit of revenue).

b) Disclose Scope 1, Scope 2 and, if Please refer to Appendix C.


appropriate, Scope 3 greenhouse gas
(GHG) emissions and the related risks.

42 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Metrics and Targets (continued)

c) Describe the targets used by the In 2022, Amphenol achieved the following four climate-related goals based on the United Nations SDGs
organization to manage climate-related as detailed in the Environmental Responsibility section of this report:
risks and opportunities and
performance against targets. 1. By the end of 2022, Amphenol will increase its sourcing of renewable energy for electric power
used at its facilities.

2. By the end of 2022, Amphenol will reduce its revenue-normalized Scope 1 and 2 GHG emissions by
10% versus 2018 levels.

3. By the end of 2022, Amphenol will set-up specific targets for its 15 highest process water intensive
facilities.

4. By the end of 2022, Amphenol will identify its facilities at high risk for potential disaster incidence
and strengthen current disaster response plans accordingly.

In 2023, Amphenol established five new climate-related goals based on the United Nations SDGs,
applicable to the facilities comprising the Sustainability Report scope as defined in Appendix C,
Footnotes D and E:

1. By the end of 2030, Amphenol will reduce total water withdrawal of our top 20 facilities by 15%
versus 2021 levels.

2. By the end of 2030, Amphenol will increase our use of renewable energy to 50% for energy used at
our facilities.

3. By the end of 2025, Amphenol will provide that our business continuity plans address issues related
to physical risks as per TCFD for our top 20 facilities.

4. By the end of 2025, Amphenol will conduct a detailed analysis of our cardboard and plastic
packaging use to support future packaging optimization efforts.

5. By the end of 2025, Amphenol will reduce revenue-normalized Scope 1 and 2 GHG emissions by
15% compared to our 2021 levels.

AMPHENOL CORPORATION 2022 SUSTAINABILITY REPORT 43


Appendix E
Tier 1 Direct Supplier Geographies

Amphenol defines its Tier 1 Direct suppliers as those who provide raw materials and goods for production and with
which we have direct transactional business.

Country

Australia Malta
Austria Mexico
Belarus Morocco
Belgium Netherlands Antilles
Brazil New Zealand
Bulgaria Norway
Cambodia Papua New Guinea
Canada Philippines
China Poland
Costa Rica Portugal
Croatia Romania
Czech Republic Russia
Denmark Serbia
Estonia Singapore
Finland Slovakia
France Slovenia
Germany South Africa

Honduras South Korea

Hong Kong Spain


Hungary Sri Lanka
India Sweden
Indonesia Switzerland
Ireland Taiwan
Israel Thailand
Italy The Netherlands
Japan Tunisia
Latvia Turkey
Lebanon Ukraine
Lithuania United Arab Emirates
Luxembourg United Kingdom
Macedonia United States of America
Malaysia Vietnam

44 2022 SUSTAINABILITY REPORT AMPHENOL CORPORATION


Amphenol Corporation
World Headquarters
358 Hall Avenue
Wallingford, CT 06492
(203) 265-8900

www.amphenol.com
www.amphenol.com/sustainability

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