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/sustainability22022 SUSTAINABILITY REPORTAMPHENOL 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 throughinitiatives such as solar panel installations, energy attribute certificate (EAC) purchases and processengineering upgrades to facilities to mitigate our emissions and decrease our waste. We facilitatedenvironmental, social and governance (ESG) education and trainings for our employees, empowering themto 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 aresult, in this report, we are setting eight new goals with target dates of either 2025 or 2030. In supportof 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 madeimprovements 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 ourlong-term success. A key hallmark of our Amphenolian culture is that our people around the world holdthemselves accountable for how their actions impact others, including our customers and suppliers, theirfellow 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-termsustainability of their business each and every day.
In this 2022 Sustainability Report, I am pleased toshare our substantial progress towards making ourcompany sustainable for the long term, progress
made possible only through the dedication and hard
work of our truly outstanding employees aroundthe world. Without them, we would not be able toprotect 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, withapproximately 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.

$12.6B

2022 SALES

Our Values
Amphenol’s high-performance culture is united by ourshared values.
Ethical91,000EMPLOYEES

We do the right thing, always. Maintaining our integrity
and reputation will always be our priority.
DiverseDiversity of our markets, products, geographies and

MANUFACTURING IN

40

SALES ACROSSIN

6

COUNTRIES70

CONTINENTS

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

COUNTRIES

Our culture of ownership and accountability empowers
our people to achieve industry-leading results.
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.

42022 SUSTAINABILITY REPORTAMPHENOL 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 tomaintain 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 technologicaldevelopments across the widest array of markets within the global electronics industry.
Balanced End Market Exposure
LONGER
CYCLE

Industrial
25%

Commercial
Aerospace3%
Military
9%

Automotive
21%

Broadband
5%
MobileNetworks
5%

IT Datacom
21%

MobileDevices
11%

SHORTER
CYCLE

2022 Sales by Geography2022 Global Workforce
North
America
26%

North
America
37%
Asia
42%

Asia
57%
Europe16%

Europe18%

AMPHENOL CORPORATION

Rest ofWorld
3%

Rest ofWorld
1%

2022 SUSTAINABILITY REPORT

5

Our Sustainability Approach and Progress
Our sustainability approach and goals are set at thecorporate level and then embedded throughout theCompany by empowering each of our businesses tomanage material ESG topics within their operations. This
strategy allows us to best address our priorities because
each of our businesses brings unique perspectives on
how to minimize their own environmental footprint while
supporting their employees and their local communities.
We have always believed that a sustainable business andgood business practices are one and the same, which ourteams are proving every day.

Sustainability Highlights in 2022
We continue to expand the scope of our sustainability
program and advance our actions in support of oursustainability objectives and goals. In 2022, we continued
to make progress on our sustainability initiatives, with key
highlights including:
•
•
•
•
•

Our Sustainability Steering Committee is a cross-functionalgroup from around the company that meets formally on
at least a semi-annual basis and is tasked with developing
the Company’s sustainability strategy. The committee’s
governance structure reflects executive management,
legal, human resources, procurement, quality, finance,risk management and environmental, health, safety andsustainability (EHS&S) functions. Key members of the teamreviewed the new data presented in this 2022 report and met
to discuss and verify the results.

About this Report
The information included in this report has been preparedwith reference to the Global Reporting Initiative (GRI)
Standards and the material topics identified in the
Sustainability Accounting Standards Board (SASB) Electrical& Electronic Equipment Sustainability Accounting Standard.

Accomplished all eight of our prior SDGs, with one

For additional information on Amphenol’s structure andaccomplished 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 Scopeassessments and trainings for high-risk suppliers to

1 and 2 GHG emissions data externally verified for theensure alignment with our sustainable supply chain

purposes of our CDP submission in 2023.

policies;•

Our Sustainability Steering Committee

Increased awareness of environmental, health andsafety (EHS) policies and best practices among

For additional information on our sustainability activities,
please visit amphenol.com/sustainability.

employees through trainings and employee
education; and•Facilitated internship programs to support thedevelopment of new talent in the next generation ofbusiness leaders.

62022 SUSTAINABILITY REPORTAMPHENOL CORPORATIONOur Sustainability Goals
In 2019, we established eight sustainability goals in line with the United Nations SDG targets. Two of these were achievedin 2020 and were expanded with a target date of 2022. As a result of our efforts and supporting initiatives, we are proud toannounce 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 areestablishing eight new goals aligned with the SDGs with target years of 2025 or 2030.
6.4 Clean Water and Sanitation

12.2 Responsible Consumption andBy 2030, substantially increase water-use efficiency

Production By 2030, achieve theacross all sectors and ensure sustainable withdrawals

sustainable management and efficient use

and supply of freshwater to address water scarcity andof natural resources.

substantially reduce the number of people suffering fromOUR GOAL: By the end of 2025, Amphenol will

water scarcity.

conduct a detailed analysis of our cardboard andOUR 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 ofenvironmentally 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 ouraccordance with agreed international frameworks, anduse of renewable energy to 50% for energy used at our facilities.

significantly reduce their release to air, water and soil

8.7 Decent Work and Economic GrowthTake immediate and effective measures toeradicate forced labor, end modern slavery andhuman trafficking and secure the prohibition and eliminationof the worst forms of child labor, including recruitment and use

in order to minimize their adverse impacts on humanhealth and the environment.
OUR GOAL: By the end of 2025, Amphenol willassess the use of PFAS in products and processes
across our manufacturing facilities.

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 enhanceStrengthen resilience and adaptive capacity

ESG elements in existing supplier auditing programs andto climate-related hazards and natural

conduct audits for suppliers in the highest ESG risk category.
11.5 Sustainable Cities and Communities
By 2030, significantly reduce the number of deaths
and the number of people affected and substantiallydisasters in all countries.
OUR GOAL: By the end of 2025, Amphenol will
reduce revenue-normalized Scope 1 and 2 GHG
emissions by 15% compared to our 2021 levels.

decrease the direct economic losses relative to global gross16.2 Peace, Justice and Strong Institutions

domestic product caused by disasters, including water-related

End abuse, exploitation, trafficking, and alldisasters, with a focus on protecting the poor and people informs of violence against and torture

vulnerable situations.

of children.

OUR GOAL: By the end of 2025, Amphenol will provide thatOUR GOAL: By the end of 2025, Amphenol will

our business continuity plans address issues related to physicaldeliver 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 toimportant ESG issues facing our business. To assess andthe publication of our 2023 Sustainability Report. This next

prioritize these issues, we measure topics that are mostassessment will utilize an updated process to align with thefinancially material to our business as well as those thatstandards revised by GRI in 2021, including the concept ofpose the most significant impact on our communities

double materiality. We believe this approach will provide aand society. We periodically engage with our internal

more detailed understanding of our impacts to people andand 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 AwarenessSustainability Accounting Standards Board (SASB) Standards•

Supply Chain Responsibility

and the 2016 GRI Standards.
External
Topic

Internal

Peers

Shareholders

ESG Raters /Frameworks

Communities

Suppliers

Distributors

Customers

Energy Use in Manufacturing Facilities
Operational Greenhouse Gas Emissions Reductions
Diversity, Equity and Inclusion
Human Rights Management
Leadership / Executive ESG Oversight and AwarenessSupply 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:

8

Critical to high level of importance

2022 SUSTAINABILITY REPORT

Moderate level of importance

Modest level of importance

AMPHENOL CORPORATION

Environmental
Responsibility
We remain committed to supporting programs and initiatives that lower our greenhousegas 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 meeta five-fold increase in purchased renewablehigher customer demand, including by adding 14 newenergy 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 goalof our progress because we add a number of facilities toof 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 andon-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 ourused at our facilities.

energy consumption data in 2017, our energy intensity
has fallen by 20%, resulting in a compound annual
reduction of 4% over this five-year period.

Over the past five years, we have made good progress
reducing our GHG emissions. Our Scope 1 GHG emissions
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

79.9

72.5

our market-based Scope 2 GHG emissions decreasedby 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

2020

2021

2022

versus 2021.

Energy Intensity(MWh / $M revenue)
37.0

An important component of our GHG emissions reduction
strategy is increasing the use of renewable sources in ourpurchased energy. In 2022, 20% of our purchased electricity
came from renewable sources, up from 14% in 2021.

102022 SUSTAINABILITY REPORT

2021

28.2
2022

Greenhouse Gas Emissions Intensity (market-based)(metric tons CO2 equivalent / $M revenue)

AMPHENOL CORPORATION

Environmental Responsibility
In 2021, we transitioned to using a market-based
approach to report our Scope 2 GHG emissions, which
we believe more accurately reflects the emissionsof our facilities and better enables us to monitor our
progress. In 2022, we expanded our market-based
accounting of Scope 2 emissions using supplier-provided
emission factors, where available, to clearly represent

Emissions Reductions in Action
Our global facilities continue to support ouremissions reduction goals through proactive andinnovative actions that reduce their environmental
footprint and conserve resources, while at the sametime helping our facilities save on energy costs.

our improvement actions and better identify areas for

Throughout 2022, several Amphenol facilities

future impact. We also continue to maintain our historicalinstalled on-site solar panels to increase theirlocation-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 renewableenergy strategy and GHG reduction efforts
led to a 19% decrease in our revenuenormalized Scope 1 and 2 (location-based)emissions compared to 2018, despite the addition of 74
manufacturing facilities during this same period. These
actions allowed us to meet our goal of reducing ourrevenue-normalized Scope 1 and 2 GHG emissions by
10% versus 2018 levels.

and stable source of energy for these facilities.
Combined, these installations have begun to
produce almost 600 MWh of energy, with significant
increases expected in 2023, which will be their firstfull year of operation. In addition, these successful
solar installments have inspired other Amphenol
facilities to consider increasing their renewableenergy consumption, with more sites planning tocommence or expand existing installations in 2023.

While we are proud of the progress we have madereducing 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 haveprovided 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 ofof sold products), 13 (downstream leased assets), 14

this process, waste heat is captured from production(franchises) and 15 (investments), but these are notprocesses and is then reused to heat water for otherrelevant to our business. We are still in the process ofuses, 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 towhile conserving valuable resources. We intend todrive additional improvements in our carbon accounting

expand this program as part of our best practiceprocesses.

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 havefacility implemented a creative solution to thisinvested 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-potablewere able to reduce our water withdrawal intensity

applications. Through this process, the teamby 11% in 2022 versus the prior year. Since 2017, ourcollects 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 insupporting sustainability initiatives.

0.38

2020

0.34

2021

0.30

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
withdrawals which are primarily sourced from water
distribution systems. In 2022, our sectoral water risk
screening determined that three of our facilities exist in
locations classified as “extreme risk.”

Meeting Our Goals
SDG 6.4 Clean Water and Sanitation
In 2021, we established a goal to
set-up specific targets for our 15
highest process water intensive

We plan to continue to explore new opportunities

facilities. During 2022, we achieved this goal withfor 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 watera 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 waterbringing the total number of facilities with water

withdrawal of our top 20 facilities by 15% versus

withdrawal-related targets to 20.

2021 levels.
122022 SUSTAINABILITY REPORTAMPHENOL 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 cafeteriasof 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 andCanada has introduced multi-use plastic boxes

Production. By the end of 2025, Amphenol will conduct a

to replace single-use packaging materials thatdetailed analysis of our cardboard and plastic packaging

would otherwise be sent to the landfill. As anotheruse 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 enoughpackaging regulations and identify areas where we canfor multiple uses for our product parts. As a result

reduce our packaging waste, thus decreasing wasteof these partnership initiatives and many others

disposal volume introduced into our value chain.

around Amphenol, our global teams continue toThrough the waste minimization initiatives we haveundertaken over the past few years, our facilities haveminimize the amount of packaging waste entering
the value chain.

been able to increase the percentage of our waste thatis 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 businessand a higher number of facilities in 2022, we were also able
to decrease our hazardous waste by 1% versus 2021, withthe 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

8%
16%
50%
10%
2%

10%

AMPHENOL CORPORATION

Meeting Our Goals

RecyclingSDG 12.2 Responsible Consumption

Other Recovery

and Production – By the end of

Incineration without
Energy Recovery

metal-bearing plating sludge recycled

2022, we increased the amount of

Incineration with Energy
Recoveryby 115% compared to our 2019 baseline. This

Landfillamount of metal-bearing plating sludge we recycled

Other Disposalby 15% globally.

allowed us to achieve our goal of increasing the2022 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 theglobe. Our business continues to embrace effective resource stewardship throughout the productlifecycle to enable a cleaner, safer and more sustainable world.

14

2022 SUSTAINABILITY REPORTAMPHENOL 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 selectionthat are helping save the planet. Small space debris

of products and a high level of quality and service on afrom asteroid fragments, or meteoroids, enter theworldwide basis. Our research and development efforts are

Earth’s atmosphere on a daily basis where theytargeted at solving specific customer challenges throughtypically vaporize. However, much larger objects

close collaboration with our customers. The products wemeasuring 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,

We constantly strive to find ways to reduce theenvironmental footprint of our products by reducing

however their impact could be catastrophic to lifeon Earth.

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 andoverall 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, theU.S. and European space agencies NASA and ESA
formed a collaboration for the Asteroid Impact andDeflection Assessment (AIDA) mission. AIDA’s goal is
to test and measure the impact of a spacecraft on oneof 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 aminor-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 ason the camera that helped DART navigate, the Didymos
Reconnaissance and Asteroid Camera for Opticalnavigation (DRACO). By supporting these tests, ourPositronic 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 advancegreen energy technology as well as energy efficiency
savings. Our Amphenol LTD business in the United
Kingdom helped support the development of the magniXelectric motor with our Rhino and Raptor interconnect
products. The magniX is a high-efficiency motor thatconverts battery power into propulsion to power smaller
aircraft. The technology allows aircraft to fly with electric
powered motors instead of jet turbines, unlocking theability to retrofit aircraft to reduce fuel consumption.

Vertical farming is a new agricultural process wherecrops 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
Wind turbines are subjected to tremendous aerodynamic
forces and continuously changing wind speeds anddirections. A critical feature to help wind turbines work
optimally is the hydraulic pitch control, which adjusts theangle of the rotor blades by a few degrees to maximize
the output for all wind speeds. Sensors are used toaccurately measure the exact blade position to ensure

is combined with solar power, which is known asagrivoltaics, the environmental benefits are even greater.
Our Amphenol LTW business has developed a broadseries of waterproof circular connectors for harshenvironments which are being used in vertical farming,
agrivoltaics and other rugged applications to support
these more efficient agricultural processes.

its optimal angle. Our Temposonics business in Germany
produces magnetostrictive displacement transducers
that are ideally suited for position measurement of theserotor blades. The sensors have to be highly accurate,function in harsh environments and reliably operateover many years due to the difficulty of accessing andmaintaining wind turbines in remote and difficult-toreach areas. By extending the longevity of these windturbines, our products are helping to support the shift toalternative energy solutions.

16

2022 SUSTAINABILITY REPORTAMPHENOL 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 toenabling 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 oursuch as heat, water and energy managementbusiness for long-term, sustainable growth. Today, ourimprovements, in support of our long-term goals.

products are enabling the growth in electric passenger andcommercial vehicles, clean energy solutions, 5G networks,
cloud computing, artificial intelligence, wearable devices,the Internet of Things, new airplane technologies, space
exploration and rural broadband rollouts, just to name a few.

Throughout 2022, our teams worked to improve
our product development, production andmanufacturing processes in order to reduce
emissions and conserve resources. As one
example, at our Changzhou, China facility, our teamSeveral key global trends are driving long-term growthtransitioned our plastic shell printing process fromfor 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

Clean and Efficient• Environmentally friendly• More power efficiency

engineering upgrades, we continue to assess, refine
and replace the use of some of our raw materials
with more environmentally friendly alternatives.

Connected and Mobile• Always on• Available anywhereHigh 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 closelywith 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.

182022 SUSTAINABILITY REPORTAMPHENOL 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 ethicalvalues and standards of conducting business align with ourlabor programs. Amphenol also continues to adhere to a “noown culture and values. Our expectations of our suppliersfees” recruitment program whereby recruitment costs areinclude compulsory understanding and alignment with theborne 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;•

Supplier Code of Conduct, which prohibits the useof forced, bonded, child and indentured labor andinvoluntary prison labor; and•Sustainable Supply Chain
Our goal is to develop a collaborative supply chain thatseeks to reduce its environmental and social impact while
simultaneously enhancing the long-term sustainability ofSupplier 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 meetingare treated with dignity and respect.

our standards on certain social responsibility requirements

As stated in our Code of Business Conduct and Ethics
policy, we have zero tolerance for human trafficking andslavery. Additionally, we strive to respect the rights of all
stakeholders through our commitment to the Universal
Declaration of Human Rights, OECD Guidelines forMultinational Enterprises, UN Guiding Principles on
Business and Human Rights and the International Labor
Organization’s Declaration on Fundamental Principles andRights at Work. Our Global Human Rights Policy reinforces

and metrics. In addition, we periodically review our raw
materials and components for regulated substances toassess our products’ conformity with customer-specificrequirements and industry standards (i.e., Halogen-Free,
Lead-Free), as well as other applicable regulations such as
California Proposition 65, the U.S. Toxic Substances Control
Act (TSCA), Restriction of Hazardous Substances (RoHS),
Persistent Organic Pollutants (POPs) and Registration,
Evaluation & Authorization of Chemicals (REACH).

our responsibility to respect and promote human rights
in our relationships with our employees, suppliers andmembers of the communities in which we operate. As aresult of our programs in these areas, we publish our
Anti-Human Trafficking and Slavery Statement on anannual 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
Amphenol seeks to go beyond local and customer
requirements in our efforts to be a good corporate steward.
In accordance with the U.S. Securities and Exchange
Commission’s (SEC) Conflict Minerals regulations and ourown commitment against the use of Conflict Minerals, we
maintain a comprehensive Responsible Minerals Policythat provides we do not knowingly use tin, tantalum,
tungsten or gold (3TG), which may originate from sourcesthat directly or indirectly finance or benefit armed groups
through mining or mineral trading in the Democratic
Republic of the Congo or adjoining countries. We actively
survey our supply chain on an annual basis for all 3TG,
cobalt and mica used in our products to confirm thatappropriate reasonable country of origin inquiry (RCOI)
and due diligence has been performed, as detailed in ourlatest Conflict Minerals Report. We perform an annual
assessment of our responsible minerals program todetermine which minerals should be added beyond 3TG,
cobalt and mica in support of a responsible and conflict-Achieving Our Sustainable
Development Goals
SDG 16.2 Peace, Justice andStrong Institutions – In 2022, weachieved our goal of assessing ourTier 1 Direct suppliers for forced
or compulsory labor risk using a geographicalrisk-based approach to identify suppliers withpotential exposure. We were pleased that ourassessment found no violations of our policies.
This process will be repeated on an annual basis toensure our actions continue to respect the humanrights of all people throughout our supply chain.
SDG 8.7 Decent Work and Economic
Growth – In an effort to improveupon our previously establishedpolicies and practices,in 2022, we translated our Supplier Code of
Conduct and Supplier Responsible Labor Policy into

free supply chain.

eight languages, which allowed us to meet our goal

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

principles of the OECD Due Diligence Guidance for
Responsible Supply Chains of Minerals from ConflictAffected and High-Risk Areas. Although Amphenol has
determined that its European operations are not directly
in-scope for the European Union (EU) Conflict Minerals
Regulation and its conflict-affected and high-risk areas(CAHRAs) purview, we annually assess our status and alignour business operations with responsible sourcing guidance
while continuing to support our customers who are inscope. Amphenol is also a member of the Responsible
Minerals Initiative (RMI), which promotes the common
goal of understanding and contributing to mitigating theof creating a multi-lingual Tier 1 Direct supplier

We continue to annually assess our supply chain
and engage with our most at-risk Tier 1 Direct
suppliers through a targeted, geographicalrisk-based outreach campaign to ensure ourstandards are met. To further support our supplierengagement strategy, we have established a
new goal to support SDG 8.7 Decent Work andEconomic Growth. By the end of 2025, Amphenol
will enhance ESG elements in existing supplierauditing programs and conduct audits for suppliersin the highest ESG risk category.

salient social and environmental impacts of extraction andprocessing of raw materials in supply chains.

20

2022 SUSTAINABILITY REPORTAMPHENOL 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 theintegrity and honesty of our employees aroundthe world. Amphenol’s Code of Business Conduct
and Ethics requires all employees to follow the law
and adhere to the highest ethical standards at all
times. This includes following all anti-bribery laws
in the jurisdictions in which we operate. In addition,
the making of any improper payments or offers of
payments to obtain or retain business is strictly
prohibited. This also includes prohibiting making
payments (including commissions) to third parties who
in turn pay government officials or other third parties
to obtain or to retain business. Amphenol’s anti-bribery

To improve supplier management and transparency
for the supplier audit process, our Amphenol East
Asia Electronics Technology facility in Shenzhen,
China hosted a supplier meeting in December
2022. The event gave us the opportunity to explain
our corporate social responsibility policies andcustomer requirements in detail to the nearly 50
participating suppliers. We believe that these typesof collaborative events help clearly communicate
our expectations and standards for suppliers, andencourage a more responsible and effective
supply chain.

efforts are further supported by a robust ethics andcompliance program, including an independent internal
audit function, training and a whistleblower andinvestigation process with a strict policy prohibiting
retaliation. These commitments are also supported
and reinforced by our Supplier Code of Conduct sothat our corporate integrity is extended through to ourbusiness partnerships.

AMPHENOL CORPORATION

2022 SUSTAINABILITY REPORT21

Our TeamWe remain committed to supporting the health, safety and well-being of our 91,000 hard-working anddedicated employees who are our greatest asset. We deliver on this commitment by developing andtraining 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.

222022 SUSTAINABILITY REPORTAMPHENOL 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,
many of our locations supplement traditional healthcare
benefits with in-house health care clinics, mental healthand counseling support, on-site flu shots, dental care,
optional exercise classes, nutritional counseling andhealthy food services.

In August, our local EHS team in Nogales,
Mexico hosted a safety event attended bynearly 200 managers and employees from our
15 local manufacturing sites. The Safety Day
event further strengthened management andEHS leadership’s commitment to make worker

Keeping our employees safe has always been one ofsafety a top priority across our operations. The

our highest priorities at Amphenol. The actions weevent included speeches from the local General

have taken over the past three years during the COVIDManager and EHS managers, as well as frompandemic to protect our factory employees, who makecorporate human resources and the EHS&S team.

up the vast majority of our workforce, have allowed us

The event concluded with all attendees signingto safeguard their health while also ensuring we are ablea safety commitment banner that reads “En

to continue to manufacture and provide products toAmphenol Optimize, todos nos comprometemos

our customers.

con la seguridad” (At Amphenol Optimize, we are

Our on-site safety programs, resources, reporting andtraining are coordinated locally by our EHS&S andhuman resources teams to ensure these programs areproperly communicated and understood. In addition,
our safety training is conducted locally which enables
us to provide training and supervision that best fits the
specific needs of our different locations. Our corporate

all committed to safety). The teachings from theevent were then deployed to the local individual
operations and each manufacturing building was
given its own banner for employees to sign apledge for a safe workplace. These banners serve
as a constant reminder of our commitment tosafety at all levels.

EHS&S team works closely with our local teams to
track employee training hours and implement safety
policies and best practices that are in compliancewith 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 of2025, Amphenol will deliver enhanced training on
our health and safety requirements to all Amphenol
businesses worldwide.

AMPHENOL CORPORATION

2022 SUSTAINABILITY REPORT23

Our TeamThroughout 2022, we increased EHS&S awareness

ESG and Anti-Human Trafficking/Forced Labor Training

among employees and continued to enhance our training

As worldwide interest around environmental andTalent Development

programs to support the health, safety and well-being of
all team members. During the year, we created a platform
to deliver corporate-driven safety training throughout
all levels of the organization, which we plan to use in the
future. We also established a dedicated EHS&S intranet todeliver content to all levels of the organization. In addition,
our corporate EHS&S team regularly provides specifictraining to help fortify our culture of safety. As a result of
all of these efforts, our training hours increased in 2022with our global workforce completing a total of 2.03 million
training hours in 2022, an 11% increase from 2021.
Employee Training Hours(in millions)social responsibility continues to grow, Amphenol
decided to launch a large-scale employee training
effort focusing on ESG and anti-human trafficking
and slavery (AHTS). Our corporate EHS&S teamworked with our human resource team to identify
specific human trafficking and forced labor
challenges our employees and individuals involvedin our value chain may potentially face. The training
also focused on best practices across both ESG
and AHTS, emphasizing the “see something, saysomething” public awareness slogan. Once topic
areas were determined, our corporate EHS&S
team developed a scripted training deck, which
was subsequently translated into 18 additional

1.83

2.03

languages besides English. The corporate teamconducted train-the-trainer sessions with our

1.38

human resources staff, who then delivered thecontent in both virtual and classroom settings

2020

2021

2022

We want to ensure that our business remains competitive,
which means supporting our employees with the training
and tools they need to develop and enhance theirprofessional skills. Our operations around the world
support continuous learning and advanced training forthroughout the organization in our employees’
local languages. Within a few months, 94% of ourmanufacturing facility employees had received
general awareness training on the principles of ESG
and AHTS, and the content has been integrated into
our new employee onboarding process.

the development of new skills. We also enable employeetransfers to support new job opportunities in different
divisions or when employees choose to relocate.
SDG 9.2 Industry, Innovation andInfrastructure – In 2022, we increased thenumber of interns across the company with
85% of our operations now offering internshipprograms, allowing us to meet our goal of expanding ourinternship programs in the communities where our products
are produced.
24

2022 SUSTAINABILITY REPORTAMPHENOL 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 impactedof these communities are to our own employees andby natural disasters and take pride in our ability toto our business. Our community outreach is conductedsupport 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
activities include sponsoring and partnering with local
charitable organizations to provide food for homelessshelters, donating school supplies to needy children andto deliver replacement aerial cable which is most often
damaged by hurricane-force wind and rain. Soon after
the storm hit, one of our customers needed buried cablethat had been washed out in the severe flooding, whichsponsoring gift drives during the holidays.

we quickly manufactured. As a result of our foresight,

Amphenol Advanced Sensors – Tijuana, Mexicoof broadband cable within the first 24 hours of the

In April 2022, we started a campaign called “Bancostorm’s landfall. In total, we delivered one million feetde Tapitas” at two of our facilities in Mexico to collectof cable, allowing customers to continue to provide

plastic bottle caps to raise funds for the Children’scommunications despite the catastrophic storm.

our team was able to manufacture over 800,000 feet

Anticancer Alliance. The Alliance helps pay forchemotherapy treatment for children with cancer at
a local hospital in Baja, California. Bottle caps werecollected on-site in heart-shaped containers and sent
to a recycling center to be processed. Since the startof Banco de Tapitas, the program has collected andrecycled 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
treatments in 2022.

Support for Ukraine
Our employees care deeply about supporting ourcommunities 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 andsupplies 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 whichwere then transported to the Polish-Ukrainian border.
Our Procom business in the United Kingdom alsocollected donations to support families in Ukraine. We
also employ many Ukrainians throughout Eastern Europe.

AMPHENOL CORPORATION

2022 SUSTAINABILITY REPORT

25

Our Team
Women’s Leadership Workshop

Diversity, Equity and Inclusion
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, whichis available on our website, 68% of our U.S. workforce
identified as white, 12% identified as Asian or PacificIslander, 12% identified as Hispanic and 7% identified asBlack. We plan to make our 2022 EEO-1 filing publicly
available when it is finalized later this year.
Men
51%

Women
49%

Hispanic
12%Black Undisclosed
7%
or other1%

In the fall of 2022, our senior female leaders andup-and-coming women from across Amphenol

Asian
12%

met for a Women’s Leadership Workshop. The
White
68%

Global Workforce

Amphenol Corporation

U.S. Workforce Diversity

goal of the event was to bring these Amphenolians
together to discuss key business issues, including
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 andrestrictions, 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 acrossdiscussion 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 Amphenolthat 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 thecommunities in which they live.
A key hallmark of our structure is our entrepreneurial
culture that creates clear accountability for each of ourgeneral managers who are our key business leaders.
Our core management team is comprised of these generalmanagers and their controllers, as well as our executive
management team. Women represented 27% of thiscore management team at the end of 2022. Of our total
employees worldwide, approximately half are women.
262022 SUSTAINABILITY REPORTAMPHENOL 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 ourpeople, ensure a sustainable business and continue to innovate forcustomers 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 REPORT27

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 ofthat it believes promote Board independence and thethe 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 theinclude, among others:

ultimate decision-making body of the Company, except for
those matters specifically reserved to shareholders.
Our Board is committed to sound corporate governancestructures and policies that enable us to operate ourbusiness responsibly and with integrity, and to position
us to compete more effectively, sustain our success and•Annual election of all directors•

Presiding Director empowered with clearlydelineated duties•

A supermajority of independent directors•

Regular executive sessions at Board meetings without
management present

build long-term shareholder value. In January 2023, weannounced the appointment of Prahlad Singh to our Board•

independent directorsof Directors. Mr. Singh brings more than twenty-five yearsof global leadership experience to the Amphenol board.
Our Board is currently comprised of ten directors. Stanley

Key Board committees composed exclusively of•

Directors’ unrestricted access to management andindependent advisors

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•

One-share, one-vote standard

contributions to the Amphenol Board and wish him well in
his retirement.
Over the past five years, we have undertaken a significant
effort to refresh our board with the election of five new
directors, including three women. The Board believes itfunctions most effectively when comprised of a diverse
set of members, including a healthy mix of short-, midand long-serving members. Our Board also believes thatdiversity includes diversity in terms of background, skills, age,experience and expertise, as well as gender, race and ethnicity.
Of our ten current directors, three were born outside of

In addition, the Company’s By-Laws and Corporate
Governance Principles provide for majority voting in
uncontested director elections, combined with a requirementthat the Board nominate only director candidates who
tender advance, irrevocable resignations that will become
effective upon the occurrence of both (i) the failure toreceive the required majority vote for re-election and (ii)
acceptance by the Board. The Company has a plurality
voting standard for contested director elections.

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.

282022 SUSTAINABILITY REPORTAMPHENOL 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 andethically, 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

Amphenol’s Code of Business Conduct and Ethics
provides employees with a standard approach to managing
ethical situations, information on available resources
and policy guidance on common ethical issues. It also
provides employees direction on anti-corruption andanti-competitive behavior as well as a number of otherimportant topics. All of our employees are held to andcovered by this Code, which is a core document that our
global management team receives training on and digitally
acknowledges each year. This is further supported bya robust ethics and compliance program, including an
independent internal audit function, and a whistleblower andinvestigation process with a strict policy prohibiting retaliation.

Risk Oversight
Our Board is actively involved in overseeing risk
management for the Company. This oversight is conductedboth directly and through the committees of the Board.
At each regularly scheduled quarterly meeting, the entire
Board reviews various risks facing the Company. Each of
the Board committees is responsible for oversight of risk
management practices for categories of risks relevant to
its functions. Each committee has a written charter setting
forth its purpose, authority and duties. The committees
enhance the Board’s oversight of areas that are critical to
the Company’s corporate responsibility and sustainability

teams. Our operating management is required to consider risks
and risk mitigation strategies as part of their annual budget
processes and strategic planning processes and to include
specific mitigation strategies. Risk management performanceis also considered in the process used to determine annualcompensation for our senior executives, general managers
and controllers. Our corporate policies encourage employees
to report possible violations of our policies or any other illegal,
unethical or risky behavior to either the employee’s manager,
the Amphenol Legal Department, the Audit Committee of theBoard of Directors or the Amphenol Ethics Hotline. Any suchreporting is reviewed with the Audit Committee of the Boardof Directors on a regular basis.

Human Capital Management and Culture Oversight
Our Board is actively involved in overseeing the Company’s
employee-related strategies and practices as well as theCompany’s culture. This oversight is conducted both directly
and through certain of the Board’s committees. At each of its
regularly scheduled quarterly meetings, the Board reviews
changes in key personnel and, multiple times a year, meetswith management to discuss various human resources related
topics, including talent development, succession planning andculture. We believe the Company’s culture has been a criticalcomponent of the Company’s success and reinforcing that
culture is a key responsibility of our executive management.

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 andCompensation Committee has primary responsibility forinclusion (DEI), Board succession planning, shareholder

executive and company-wide compensation policies andproposals and nominations and corporate governance.

programs, as well as the Company’s DEI initiatives.

AMPHENOL CORPORATION

2022 SUSTAINABILITY REPORT29

Responsible Business
Sustainability OversightAmphenol’s sustainability initiatives are governed bya structure of leadership, oversight and goals thatencompass our entire company. These initiatives aregoverned by a number of policies which outline ourprinciples including in particular our:At a management level, our senior leadership team is
responsible for managing our sustainability programs.
In particular, Amphenol’s VP of Environmental, Health,
Safety and Sustainability is tasked with managing ourcompany-wide sustainability efforts. In addition, ourSustainability Steering Committee includes cross-functional•

Code of Business Conduct and Ethics•

Diversity, Equity and Inclusion Policy•

Environmental Policy•

Global Human Rights Policy

appropriate goals to our executive team and coordinates•

Health and Safety Policy

sustainability activities across the Company. Consistent•

Responsible Minerals Policy•

Supplier Code of Conduct•

Supplier Responsible Labor Policy

Our Board of Directors oversees the Company’s overallsustainability programs, including this Sustainability
Report. The Audit Committee is responsible for assisting
the Board in fulfilling its oversight responsibility forthe “Environmental” portion of ESG, which includes (1)periodic reviews of the Company’s climate-change related
strategies, policies, disclosures, goals, performance andmeasurement, including with respect to greenhouse gas

and cross-organizational representatives who meetformally on at least a semi-annual basis. This Committee
evaluates company-wide sustainability data, recommendswith Amphenol’s broader culture of empowerment
and accountability, our local management teams are
responsible for executing our sustainability programs andachieving our sustainability goals.

Data Privacy
Amphenol is committed to protecting the privacy andsecurity of the personal data of our employees, customers,
suppliers and other business contacts. Safeguarding
personal data is a top priority. Amphenol’s privacy
compliance program is managed by a core team ofcompliance 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 maintainensure compliance with applicable legislation, regulatory
requirements, industry standards and Company policies,
programs and practices relevant to climate-change related
matters. The Compensation Committee is responsible forassisting the Board in fulfilling its oversight responsibility
for the “Social” portion of ESG, which includes a periodic
review of the Company’s DEI programs and performance.
The Nominating/Corporate Governance Committee
continues to be responsible for assisting the Board in

a compliance program designed to provide consistentsafeguards of personal data and compliance with applicableprivacy and data protection laws. We have detailed policies
and procedures for the protection and handling of personaldata, which we update regularly. In addition, we train
relevant employees on data privacy topics. In 2022, we
did not receive any complaints from regulatory bodies or
outside parties concerning breaches of customer privacy.

fulfilling its oversight responsibility for the “Governance”
portion of ESG.

30

2022 SUSTAINABILITY REPORTAMPHENOL CORPORATION

Responsible Business
Cybersecurity

Political Contributions

Our Board of Directors maintains oversight responsibility

The Company prohibits the use of corporate funds torelating 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 Politicalthe 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 toand internal audit teams) provides an overview of ourpolitical organizations (that is, organizations organized

information security and cybersecurity programs to the fullunder Section 527 of the Internal Revenue Code) or

Board. In an effort to reduce the likelihood and severity offor communications to support or oppose specificcyber intrusions, the Company has a comprehensive andpolitical candidates (such as through electioneering

evolving cybersecurity program designed to protect andcommunications 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 didand penetration tests relating to cybersecurity andnot contribute any money to political campaigns, politicaltechnology 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
inadvertently allow outsiders to access our systems. Our
greatest asset in combatting information security andcyber-related risks remains the Company’s decentralized
information technology infrastructure, where eachbusiness unit maintains a separate and distinct information
technology system.

Anti-Competitive Practices

Executive Compensation
Our executive compensation philosophy is designed toalign the interests of management with the interests ofshareholders to drive long-term shareholder value throughperformance. Our Board’s Compensation Committee
oversees our overall compensation and benefits
programs, including for our senior executives. In 2022,
our annual incentive bonus plan was amended to add

We seek competitive advantages through superiorboth sustainability and risk management performance as

performance, rather than through unethical or illegal

discretionary factors in assessing an employee’s overallbusiness practices, as outlined in our Code of Businessbonus 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 disclosuresby 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 neverincurred 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: AntiCorruption 2016; Disclosure 206-1 from GRI 206: Anti-competitive Behavior 2016; Disclosures 302-1 and 302-3 fromGRI 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 4039 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 orCompulsory 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 ofthis report. We have initiated the process of having our 2022 energy and Scope 1 and 2 GHG emissions data externallyverified for the purposes of our CDP submission in 2023.

Disclosure
Number

Disclosure Title

Location

GRI 2: General Disclosures 2021
2-1

Organizational details

About Amphenol (p. 4); 2022 10-K Report

2-2

Entities included in the organization’s sustainability
reporting2022 10-K Report; About Amphenol (p. 4-5); Our Sustainability Approachand Progress (p. 6); Appendix C: ESG Metrics

2-3

Reporting period, frequency and contact point2022 10-K Report; About Amphenol (p. 4-5); Our Sustainability Approachand 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 toclarify 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 toclarify 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 body2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28)

2-11

Chair of the highest governance body2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28)

322022 SUSTAINABILITY REPORTAMPHENOL CORPORATION

Disclosure
Number

Disclosure Title

Location

GRI 2: General Disclosures 2021 (continued)
2-12Role of the highest governance body in overseeing themanagement of impacts

2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28-31)

2-13

Delegation of responsibility for managing impacts

2022 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28-31)

2-14

Role of the highest governance body in sustainability
reporting2021 10-K Report; 2023 Proxy Statement; Responsible Business (p. 28-31)

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 body2022 10-K Report; 2023 Proxy Statement

2-18

Evaluation of the performance of the highest governancebody2022 10-K Report; 2023 Proxy Statement

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

2-22

Statement on sustainable development strategy

A Message from Adam Norwitt (p. 3); Our Sustainability Approach andProgress (p. 6); Stakeholder Engagement (p. 8)

2-23

Policy commitments

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

2-24

Embedding policy commitments

About Amphenol (p. 4-5); Our Sustainability Approach and Progress (p. 6);
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)

2-27

Compliance with laws and regulations

Supply Chain (p. 19-21); Responsible Business (p. 28-31); Appendix C: ESG
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)

3-3Management 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

201-2

Financial implications and other risks and opportunities
due to climate change

2022 10K Report; Appendix D: TCFD Disclosure

201-3

Defined benefit plan obligations and other retirement plans

2022 10K Report

GRI 205: Anti-corruption 2016
205-2

Communication and training about anti-corruption policies
and procedures

Responsible Business (p. 28-31); Appendix B: SASB Alignment

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
Number

Disclosure Title

Location

GRI 206: Anti-competitive Behavior 2016
206-1

Legal actions for anti-competitive behavior, anti-trust,and monopoly practices

Responsible Business (p. 28-31); Appendix B: SASB Alignment

GRI 302: Energy 2016
302-1

Energy consumption within the organization

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

306-3

Waste generated

Environmental Responsibility (p. 13); Appendix B: SASB Alignment; Appendix
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 2018403-1

Occupational health and safety management system

Our Team (p. 23); Appendix C: ESG Metrics

403-5

Worker training on occupational health and safety

Our Sustainability Approach and Progress (p. 6); Our Team (p. 23); Appendix
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

404-2

Programs for upgrading employee skills and transition
assistance programs

Our Team (p. 24)

GRI 405: Diversity and Equal Opportunity 2016405-1

Diversity of governance bodies and employees

Our Team (p. 26); Responsible Business (p. 28-31)

GRI 409: Forced or Compulsory Labor 2016409-1

Operations and suppliers at significant risk for incidents
of forced of compulsory labor.

Supply Chain (p. 19-20)

GRI 415: Public Policy 2016
415-1

34

Political contributions

2022 SUSTAINABILITY REPORT

Responsible Business (p. 31); Appendix C: ESG Metrics

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

(1) Total energy consumed

gigajoule2,662,186

3,128,301

3,292,788(2) Percentage grid electricity

%

79%

79%

78%

(3) Percentage renewable

%

0%

0%

6%

Energy Management

RT-EE-130a.1

Discussion of accounting for energy management:
1.1 The scope of energy consumption includes energy from all sources, including energy purchased from sources external toAmphenol and energy produced by Amphenol itself (self-generated).
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 ofdepletion, such as geothermal, wind, solar, hydro and biomass. Based on our facility calculations, we estimate our percent ofpurchased 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
RT-EE-150a.1
RT-EE-150a.2(2) Number and aggregate quantity of reportable spills

metric tons

5,155

6,732

6,680

#

0

0

0

Discussion of accounting for hazardous waste management:
Hazardous wastes are defined per the applicable legal or regulatory frameworks (i.e., U.S. Resources Conservation andRecovery 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
RT-EE-410a.2

Percentage of eligible products, by revenue, that meet ENERGY STAR® criteria:
The majority of our products are used within other systems and do not consume energy. Therefore, the ENERGYSTAR® criteria is not applicable for our products.

Materials Sourcing

RT-EE-440a.1

Discussion of the management of risks associated with the use of:(1) Critical Minerals(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

RT-EE-510a.1

Description of policies and practices for prevention of:(1) Corruption and Bribery(2) Anti-Competitive Behavior
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.

RT-EE-510a.2

Total amount of monetary losses as a result of legal
proceedings associated with bribery or corruption

USD

0

0

0

RT-EE-510a.3

Total amount of monetary losses as a result oflegal proceedings associated with anti-competitive
behavior regulations

USD

0

0

0

AMPHENOL CORPORATION

2022 SUSTAINABILITY REPORT

35

Appendix C
ESG Metrics

Units

2020

2021

2022

number

191

226

240

Fuel from non-renewable sources

MWh128,290

159,058

173,914

Production of renewable energy

MWh

3,033

3,185

3,928

MWh

-

273

604

Manufacturing facilities in scope

Environmental Data
Energy Consumption

Renewable electricity produced/consumed on-site
Renewable heat produced/consumed on-site
Purchased electricity
Non-renewable purchased electricity
Renewable purchased electricity

MWh

-

2,912

3,325

MWh

586,332

687,817713,322MWh476,304

593,095

550,188MWh

110,028

94,722

145,932

Purchased heat/steam1

MWh21,842

18,91323,500Total energy consumed

MWh739,497

868,973914,664

MWh/$M revenue

86.0

79.9

72.5

MWh

113,061

97,907

153,428

%

19%

14%

20%

MWh

-

6,104

5,386

metric tons CO2e

31,28338,05743,881

Location-based4

metric tons CO2e306,475

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 CO2e337,758

387,515401,129

Greenhouse gas emissions intensity(Scope 1 and Location-based Scope 2)

metric tons CO2e/$M revenue

39.3

35.6

31.8

Total (Scope 1 and Market-based Scope 2)

metric tons CO2e-402,394

356,455

Greenhouse gas emissions intensity(Scope 1 and Market-based Scope 2)

metric tons CO2e/$M revenue

-

37.0

28.2

Indirect (Partial Scope 3)6

Energy intensity
Total renewable energy used
Percent renewable energy used (SDG 6)
Production of renewable for saleGreenhouse Gas Emissions

2

Direct (Scope 1)3
Indirect (Scope 2)

metric tons CO2e-410,5906,014,744

Category 1

metric tons CO2e--5,468,886

Category 2

metric tons CO2e-27,71030,470Category 3

metric tons CO2e-

125,758

129,794

Category 5

metric tons CO2e-20,39420,757

Category 6

metric tons CO2e--

33,911Category 7

metric tons CO2e--12,319Category 8

metric tons CO2e-

233,071

32,559Categories 4 & 9

metric tons CO2e--

286,048

Category 13

metric tons CO2e

-

3,657

-

number0

00

Environmental Incidents and Violations
Incidents or violations $50,000 or greater

362022 SUSTAINABILITY REPORTAMPHENOL CORPORATION

Environmental Data (continued)

Units

2020

2021

2022

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

megaliters/$M revenue

0.38

0.34

0.30

metric tons

34,18443,03250,744

Total waste diverted from disposal

metric tons

19,40027,73332,128

Total waste directed to disposal

metric tons

14,784

15,29918,616

Total non-hazardous waste

metric tons

29,03036,30944,064

Water Management

Water intensity
Waste Management
Total waste generated

Total hazardous waste
Total non-hazardous diverted from disposal

metric tons

5,155

6,732

6,680

metric tons

16,88923,22227, 872

Non-hazardous waste reused

metric tons

441

742

2,125

Non-hazardous waste recycled

metric tons

14,965

19,48022,713Non-hazardous waste otherwise recovered

metric tons

1,484

2,999

3,034

Total non-hazardous waste directed to disposal

metric tons

12,141

13,07816,192Non-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
on-site holding

metric tons

6,270

6,762

7,983

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

Amphenol employees

number

59,46065,16270,645Contract employees

number

17,06820,20820,243

Interns

number

723

218

364

Full-time workers

number

75,37584,62189,743Part-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

hours

1,377,022

1,825,061

2,027,545

Social Data
Employees in Scope

Training
Total hours7

AMPHENOL CORPORATION

2022 SUSTAINABILITY REPORT

37

Social Data (continued)

Units

2020

2021

2022

Amphenol employees

number

259

295

305

Contract employees

number30

17

56

Amphenol employees

Injuries per 200,000
hours worked

0.36

0.37

0.36

Contract employees

Injuries per 200,000
hours worked

0.14

0.06

0.20

Amphenol employees

number0

0

0

Contract employees

number000number

163

199

229

number

80,00090,00091,000Total percentage of female employees worldwide

%

49%

48%

49%

Total percentage of women in core management

%

29%

28%

27%

$ in millions

8,599

10,876

12,623

Facilities with ISO 14001 management systems

number

98

112

121

Facilities with ISO 45001 management systems

number

27

28

31

$

0

0

0

Injuries and Safety Incidents
Total lost-time injuries

Total Lost-time injury rateWork-related fatalities

Facilities with safety committees

Governance Data
Employees
Total employees worldwide at year-end, approximate

Revenue
Total
Environmental Health and Safety Management

Political Contributions
Total spent on contributions to political campaigns, politicalorganizations 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 andcooling 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 REPORTAMPHENOL CORPORATION

Appendix D
TCFD Disclosure
Governance
Disclose the organization’s governance around climate-related risks and opportunities.
a) Describe the Board’s oversight ofclimate-related risks and opportunities.

Our Board of Directors, including through its various committees, oversees climate-related risks aspart 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 reviewof the Company’s climate-change related strategies, policies, disclosures, goals, performance andmeasurement, 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 ofCompany 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 Boardand appropriate committees on the Company’s ESG risks, opportunities, priorities, initiatives andprogress towards goals, including with respect to climate-related risks and opportunities.

b) Describe management’s role inassessing and managing climaterelated risks and opportunities.

Senior management is responsible for assessing and managing climate-related risks and opportunities.
In particular, the Company’s Vice President of Environmental, Health, Safety and Sustainability is tasked
with managing our company-wide sustainability efforts and keeps senior management apprised ofpotential climate-related initiatives and opportunities. In addition, our Sustainability Steering Committee
includes cross-functional and cross-organizational representatives who meet formally on at least asemi-annual basis. This Committee evaluates company-wide sustainability data, recommends appropriate
goals to our senior management and coordinates the Company’s sustainability activities across theCompany. The Company’s Chief Executive Officer, Chief Financial Officer, Senior Vice President,
Human Resources, and Vice President, Investor Relations, also provide valuable input identified throughengagement with shareholders, the investment community and other important stakeholders.
Additionally, senior management identifies and evaluates ESG risks (including climate-related risks inalignment with TCFD) based on their potential financial materiality, the probability and magnitude of therisk 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 andbusiness 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
and opportunities the organization has
identified over the short, medium andlong term.

AMPHENOL CORPORATION

Amphenol evaluates its risks and opportunities with respect to business strategy on three separate timescales: Short-Term (1 to 3 years), Medium-Term (3 to 7 years), and Long-Term (7 to 15 years). We also
recognize the longer-term time horizons that extend decades into the future with respect to climatechange 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 theCompany’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 anddownstream 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.

2022 SUSTAINABILITY REPORT

39

Strategy (continued)a) Describe the climate-related risks
and opportunities the organization has
identified over the short, medium andlong term. (continued)

PHYSICAL RISKSThe Company identifies climate-related physical risks as either acute or chronic. Acute risks arise
from more frequent and severe extreme weather events such as floods, hurricanes or wildfires, andchronic risks are those risks that arise from the cumulative impacts of increasing temperatures, such aschanging 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 theimpact 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. Ourevaluation determined that flooding, extreme heat and water scarcity may pose risks such as damage toassets 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 andsafety 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 businessinterruption. 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 needto 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 theaccompanying range of legal, regulatory, policy, liability and reputational issues associated with atransition to a lower-carbon economy.
Applicability to Our Business: Transition risks could increase Amphenol’s operating costs resulting fromcompliance with policy-driven responses to climate change, such as those that mandate energy andfuel 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 willcontinue 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 thesame time, this is an opportunity for Amphenol to set GHG emissions reduction targets and as such wehave 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 renewableenergy, 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 theopportunity to invest in more energy-efficient buildings and equipment to reduce operational costs andto 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 electricor 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 inwhich we operate and other stakeholders.

402022 SUSTAINABILITY REPORTAMPHENOL CORPORATION

Strategy (continued)b) Describe the impact of climaterelated risks and opportunities on theorganization’s businesses, strategy andfinancial planning.

Amphenol has taken measures to integrate climate-related risks and opportunities into its businessstrategy and financial planning. We have developed business continuity protocols and training, as well as
periodic assessments of the exposure of the Company’s physical assets, to help mitigate climate-relatedrisks. 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 thegrowth 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 fractionof the energy consumption and overall GHG emissions of the larger system, yet they play an outsizedrole in enabling end products and systems that contribute to a cleaner planet.

c) Describe the resilience of theorganization’s strategy, taking into
consideration different climate-related
scenarios, including a 2°C or lower
scenario.

Amphenol understands that climate-related physical and transition risks vary by geography, and that themagnitude of these risks also varies as a function of the rate of global warming. Amphenol’s approachto assessing and managing climate-related risks accounts for these different global warming scenarios.
If no steps are taken to reduce GHG emissions then global temperatures are predicted to be well
above 2°C, and physical climate risks to us will be greater over the long term. Conversely, if the worldtransitions 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. Ourdecentralized 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 thecontext of climate change.

Managing Climate Change Risk
Disclose how the organization identifies, assesses and manages climate-related risks.
a) Describe the organization’s processes
for identifying and assessing climaterelated risks.

AMPHENOL CORPORATION

Currently, climate-related risks are reviewed and considered by the Board (including relevant Board
committees) and senior management in the context of their broader risk management responsibilities.
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 andany 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, weevaluated 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 wasmodeled 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 resultof this effort, we concluded that these risks are not financially material. We understand that the riskspresently 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 climaterelated 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 climaterelated event on the relevant operation. When identifying and assessing climate-related risks, membersof senior management also monitor and report on the expected financial implications of any regulatorycompliance or significant shift in sentiment from key stakeholders stemming from transition risks.

2022 SUSTAINABILITY REPORT

41

Managing Climate Change Risk (continued)b) Describe the organization’s processes
for managing climate-related risks.

Amphenol’s resiliency efforts play a key role in managing physical risks. Through business continuity protocols
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 portionof 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 measureswould 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
identifying, assessing and managing
climate-related risks are integrated
into the organization’s overall risk
management.

As a result of the 2022 climate-related risk assessment, Amphenol improved our ability to quantify risks at
a more site-specific level, and thus enable the operations to locally mitigate the defined risks and increase
our overall resilience. Our goal, SDG 11.5, will enable a more defined risk-mitigation effort through theuse of business continuity protocols for our most exposed sites. Through our monthly operations reviews,
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 theorganization to assess climate-relatedrisks and opportunities in line with its
strategy and risk management process.

b) Disclose Scope 1, Scope 2 and, if
appropriate, Scope 3 greenhouse gas(GHG) emissions and the related risks.

422022 SUSTAINABILITY REPORTIn 2022, Amphenol tracked the following metrics relevant to climate-related risks and opportunities:•

Scope 1 GHG emissions;•

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 and15 have been assessed and found to be not relevant; 11 and 12 have not yet been assessed; 13 hasbeen 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).

Please refer to Appendix C.

AMPHENOL CORPORATION

Metrics and Targets (continued)c) Describe the targets used by theorganization to manage climate-relatedrisks and opportunities andperformance against targets.

In 2022, Amphenol achieved the following four climate-related goals based on the United Nations SDGs
as detailed in the Environmental Responsibility section of this report:
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:

AMPHENOL CORPORATION

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.

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 withwhich we have direct transactional business.

Country
Australia

Malta

Austria

MexicoBelarus

MoroccoBelgium

Netherlands Antilles

BrazilNew Zealand

Bulgaria
Cambodia

NorwayPapua New Guinea

CanadaPhilippines

China

PolandCosta Rica

Portugal

Croatia

Romania

Czech Republic

RussiaDenmark

SerbiaEstonia

Singapore

Finland

Slovakia

FranceSlovenia

GermanySouth Africa

HondurasSouth Korea

Hong Kong

Spain

Hungary

Sri Lanka

India

SwedenIndonesia

Switzerland

Ireland

TaiwanIsraelThailandItaly

The Netherlands

Japan

Tunisia

LatviaTurkeyLebanonUkraineLithuania

United Arab Emirates

Luxembourg

United Kingdom

Macedonia

United States of America

Malaysia

442022 SUSTAINABILITY REPORT

Vietnam

AMPHENOL CORPORATION

Amphenol Corporation
World Headquarters
358 Hall Avenue
Wallingford, CT 06492(203) 265-8900
www.amphenol.com
www.amphenol.com/sustainability