Impact Report 2023
Our progress toward a sustainable future.

Contents

1. Introduction ​4. People

1.1

About us

1.2

Our mission and vision statements

4.2 Community engagement​

1.3

2023 highlights

4.3 Supplier code of conduct

1.4

Message from our CEO

1.5

Our sustainability strategy

1.6

Progress toward 2025 goals

2. Planet

2.1 	Statement from Head of Global
Sustainability
2.2 Environmental impact
2.3 Carbon footprint
2.4 E-waste recycling programs

4.1

Employee well-being​

5. Governance
5.1

Risk management

5.2 Reporting and governance6. Conclusion

6.1	Sustainability across planet, products
and people​
6.2 	Summary of achievements andopportunities

2.5 Sustainable supply chain
2.6 Product chemistry
2.7 Conflict minerals policy

3. Product3.1

Sustainable product design

3.2 Life-cycle assessments
3.3 Responsible packaging

7. Appendix

7.1	Certifications and credits

Introduction1About us

Brief company
background.

​25​

Over 40 years of innovation.

Countries

Belkin creates products that make peoples’ lives easier, better andmore fulfilling through the power of technology. Our dedication topeople-inspired design and quality informs everything we do, fromour user testing and prototyping process to regulatory compliance,
manufacturing and warranty programs.
Beyond achieving business success through the sales of our productsin the global marketplace, our foundational focus remains steadfast on
R&D, community, education, and sustainability. We believe in leaving
the world a better place and remain forever inspired by people and theplanet on which we live.
At Belkin, we’re true global citizens. When a sustainability projectgets initiated from a specific region, it impacts us on a global scale,enabling us to stay vigilant and improve ourselves across the board.

​20​
Offices

850 +Employees​

Operational boundary:​
This boundary ensures that all relevant waste and emissions sources associatedwith an organization’s operations are accounted for.​El Segundo​
United States​
Global headquarters

Amsterdam​
Netherlands
Regional officeHong Kong​
China​
Regional office​Plainfield​
United States
Distribution centers

Wellingborough​United Kingdom
Regional officeShenzhen​
China​
Regional office​Regional engineering lab

1.1 | Impact Report 2023

Tuggerah​
Australia Regional office​Warehouse​Our mission and vision statements

Sustainability mission
and vision.
On our journey to become climate positive,
we commit to being carbon neutral by 2030.
Our aim is to leave the planet better than we found it, ensuring
a sustainable and thriving environment for generations to come.
Belkin measures environmental and social impact in every aspect ofour business to promote accountability within our operations.
We’re dedicated to reducing our carbon footprint to create a cleaner,
healthier world for everyone.

Net zero

2030

Climate positive

Carbon neutral

2025

100%
Carbon neutral
in operations

2023

63% Carbon neutral
in operations &100% single-use, plastic-freepackaging in NPIs

2020

25% Carbon neutral
in operations &32% reduction inplastic packaging since 20192009

9,714 GHG
in operations

1.2 | Impact Report 2023

2017

6,821 GHG
in operations

2023 highlights

2023 keyachievements.
Recognition for success in sustainable practices
and impactful initiatives.

63 %100 % 67 %reduction inplastic packaging

single-use, plasticfree packaging
in NPIs

Plastic packaging reduction milestones:
Our overall plastic packaging has decreasedby 63% since 2019, surpassing our 25%
reduction goal by 2025. In 2023, all NPIs used
100% single-use, plastic-free packaging.

emission
reduction

63 %carbon neutral inoperations

Emissions reduction success:Achieved a significant 67% reduction inscope 1 and 2 emissions from 2009 levels,reflecting our commitment to minimizing
our carbon footprint. We continue working
toward 100% carbon neutrality in scopes
1 and 2 emissions, achieving 63% carbon
neutral in 2023.

4.4

million PCR
products sold

64

metric tons ofvirgin plastic havebeen replaced

PCR transition impact:
Since transitioning to post-consumer
recycled (PCR) materials, Belkin has sold4.4 million PCR products, replacing 64 metrictons of virgin plastic.

5x

Sustainability award winner(2018, 2020, 2021, 2022, 2023)

Sustainability recognition:
Belkin clinched the Sustainability Initiative of the year
from Business Intelligence, affirming our leadership insustainable practices.

Best Environmental Programme:
Honored with this accolade in the Mobile NewsAwards, highlighting our outstanding efforts inenvironmental initiatives.

APCO awards success:
Secured the Industry Sector Award and Best Reporting
Excellence Award from the Australia Packaging Covenant
Organisation (APCO), showcasing our commitment totransparent and responsible reporting.

Sustainability in Tech Award:
Recognized in Tom’s Guide, showcasing our leadershipin sustainable practices within the technology sector.

1.3 | Impact Report 2023

Message from our CEO

A shared visionfrom our CEO.
Belkin is on a lifelong journey to find a more responsible way
to build our products.
In a rapidly changing and interconnected world, we have a profoundresponsibility as a global company to lead by example and drive
meaningful change in environmental sustainability, social responsibility,and ethical governance.
At Belkin, we believe that business can and should be a force for good.
Our dedication to our ESG principles isn’t just a reflection of our values— it’s a fundamental part of our DNA. From our supply chain to productand beyond, we’re committed to minimizing our environmental footprint,
supporting our communities, and upholding the highest standards ofintegrity and transparency.
But our commitment to impact isn’t just about what happens within
our company – it’s also about the impact we have on the world aroundus. It’s about recognizing that we are part of a larger ecosystem,and that the decisions we make today will shape the world we leavebehind for future generations.
That’s why we’re taking bold action to drive positive change. This past
year, we started integrating post-consumer recycled plastics in our
products and plastic-free packaging, diverting more than 64 metrictons of plastics from landfill. Whether it’s investing in more responsible
ways to build products, or empowering communities through educationand opportunity, we’re committed to doing our part in creating a moresustainable, equitable and prosperous future for all.
With all that said, we can’t do it alone. Real change requires
collaboration, partnership and collective action. We’re calling on
governments, businesses and individuals around the world to join us inthis critical mission. Together, we have the power to build a better world– one that’s more just and more sustainable for all.
Let’s push the boundaries of what’s possible, challenge ourselvesto do better, and dream bigger than ever before. Collectively,
I know we can create a future that we can all be proud of.

Sincerely,
Steve Malony | CEO Belkin International, Inc.

1.4 | Impact Report 2023

Our sustainability strategy

Overview ofplanet, product, people.
Our sustainability strategy and goals are interconnected with
the UN’s 17 sustainable development goals introduced in 2015.
We aligned ourselves with this initiative to achieve a better and more sustainable future
for all. On the right are the key areas where we can contribute meaningful impact.
At Belkin, aligning with UN SDGs 3, 8, 10, 12, 13, and 16 signifies our commitment to global
challenges. This strategic alignment guides our sustainability efforts, fostering positivesocial impact, environmental stewardship, and ethical business practices. It reflects
our dedication to a more sustainable, inclusive and responsible future aligned withwell-being and prosperity.

PlanetGoal 13: Climate action
Achieving significant reductions in scope 1 and 2 emissions,fostering the use of renewable energy, and actively
contributing to global climate action.

Product

Goal 12: Responsible consumption and production
Implementing sustainable product design, incorporating
recycled materials, and promoting circular economy*
principles to reduce environmental impact.
*Circular economy is an economic system of closed loops in which
raw materials, components and products lose their value as little aspossible; renewable energy sources are used; and systems thinking
is at the core.1

Goal 16: Peace, justice and strong institutions
Adhering to ethical business practices, supporting strong
institutions, and maintaining transparency in our operations.
By focusing on these specific UN SDGs, our sustainability

strategy is strategically aligned to address critical global
challenges, contributing to a more sustainable and equitable
future across planet, product and people dimensions.

PeopleGoal 3: Good health and well-being
Prioritizing employee well-being through comprehensive
wellness programs, fostering a healthy and productive
workforce.
Goal 8: Decent work and economic growth
Upholding fair labor practices, promoting diversity andinclusion, and contributing to sustainable economic growthwithin our communities.
Goal 10: Reduced inequality
Embracing diversity, ensuring equal opportunities, andpromoting an inclusive workplace to contribute to reducing
inequalities.

Our “planet, product, people” approach is more than a strategic decision: it reflects our core values. We believe that byintegrating sustainability into our business model, we cannot only contribute to a better world, but also ensure the long-term
success and resilience of our company. This approach isn’t just about doing what’s right for today; it’s about building a future
where our business and the world can thrive together.
1)

Source:Click here

1.5 | Impact Report 2023

Progress toward 2025 goals

Past progress and focus
on future goals.
Major milestones and our objectives moving forward.
Science-based decisions at the heart ofour decision making since 2008.
2008
Belkin sustainability
team is founded

2008

2008
First began measuring andmonitoring GHGs

2009
Supports responsible
recycling initiatives

2009

2009
100% landfill-freein U.S.

2010
Moved into ourfirst LEED certified office

2010

2010
39% reduction
in energy consumption

2016
Belkin aligns itself
to UN initiatives

2016

2017
Belkin signs
Paris Climate Agreement

2017

2018

2018

2018
Awarded“Sustainability initiativeof the year”

2019

2019
LED lighting and renewableenergy credits

2018
Belkin joins RBA(Responsible Business Alliance)

2019
100% carbon neutral
in Belkin U.S. distribution center

1.6 | Impact Report 2023

Progress toward 2025 goals
We measure our environmental and social impact
in every aspect of our business.

2020

2020
Awarded• “Sustainability Leadership”•	25% carbon neutrality
in scope 2 emissions

2020
Belkin moves into
Silver-certified LEED headquarters

2021

2021
Awarded• “Sustainability Leadership”•	35% carbon neutrality inscope 2 emissions•	Removed clamshell packaging
from legacy products

2021> 35,000 metric tons
recycled globally

2022
Belkin launches
75% PCR products

2022

2023
Introduces fully sustainable
packaging solution

2023

2025
Belkin commits to being
carbon neutral in scope 1 & 2 emissions

2025

2030
Belkin commits
to be carbon neutral

1.6 | Impact Report 2023

2023
100%
plastic-freepackaging

2030

2030 & future
Continuous improvement
for the futureProgress toward 2025 goals+

Packaging - UN Goal 12•	Reduce 25% single-use plastic packaging•	Transition to forest certified (FSC) paper

Climate Change - UN Goal 13•	100% carbon neutral in corporate emissions
by 2025 (Scope 1 & 2)

E-Waste - UN Goal 12•	Drive toward a circular economy byincorporating recycled materials into new
products

Reporting and Governance•	Continue to support the objectives set
by FIT SER Committee•	Continue to follow ESG requirements
established by Hong Kong Exchange•	Work toward becoming carbon neutral inproduct level emissions (Scope 3)

Human Rights - UN Goal 16•	Continue to adhere to Responsible
Business Alliance (in line with Foxconn
parent company)•	Continue to comply with Supplier Code of
Conduct and audit program Reporting andGovernance•	Continue to support the objectives set by
FIT SER Committee•	Continue to follow ESG requirements
established by Hong Kong Exchange

On track

1.6 | Impact Report 2023

Exceeding+Planet2

PlanetProtecting the planetwith climate action.
UN Goal 13:
Take urgent action to combat climate change and its impacts.
Every person, in every country in every continent will be impacted in some shape or formby climate change. There is a climate cataclysm looming, and we’re underprepared forwhat this could mean.

Our Focus

2.0 | Impact Report 2023

Planet | Statement from Head of Global Sustainability

A message from
Ernie Roberts,
head of global sustainability.
Our sustainability strategy and goals are interconnectedwith the UN’s 17 sustainable development goals introduced
in 2015.

Belkin embarked on a journey toward sustainability over 15
years ago. In 2023, we achieved a few noteworthy milestones
aimed at reducing our environmental impact.
We’ve reduced our scopes 1 and 2 emissions significantly,
with a 68% reduction from our original benchmark in 2008.
We’re close to completing our goal of carbon neutrality inscopes 1 and 2 by 2025.

We’ve worked both internally and with our utility providers
to determine the best path to incorporate renewableenergy into our operations. In some instances, it’s
installing solar directly on our office buildings like we didin our headquarters. In other instances, we’ve purchased
renewable energy credits to aid in this transition.
We’ve also begun to lay the foundation for addressing
scope 3 value chain emissions.

Belkin has made several meaningful steps toward addressing scope 3 emissions, including:•	Conducting a supplier survey that included over 50 first-tier suppliers to help us benchmark
our suppliers’ greenhouse gas reduction efforts.
•	Enhancing LCA capabilities to more accurately measure our product level emissions based on supply chain input.
•	Implementing supplier education and training to inform suppliers of Belkin’s reduction goals andcollaborate on how to meet them.

Our ultimate goal is to embed this sustainability lens ineverything we do from designing products and R&D,
to collaborating with our supply partners to align our
GHG reduction targets. For example, within our global
footprint, Belkin identified hotspots in our value chain thatgenerate significant GHG emissions.

Ernie Roberts | Head of Global Sustainability

2.1 | Impact Report 2023

Belkin has worked closely with our supply partners to
identify and calculate their scopes 1, 2 and 3 emissions
and help them set targets for reducing those emissions.
Decarbonizing our value chain is fundamental to oursustainability strategy. Our strategy is embedded in threecomponents: planet, people and products.

Planet | Environmental impact

Assessing and addressing
environmental impact.
Climate action and resilience: A commitment to a sustainable future.
In alignment with UN Goal 13 on Climate Action, Belkin recognizes the urgency and significance of addressing
climate change — the long-term shifts in temperature and weather patterns resulting from human activities
since the 1800s. While these shifts may have natural origins, their increased frequency and severity in recent
times demand collective action.
Belkin stands at the forefront of this global imperative, acknowledging our responsibility to educate andempower our customers. We’re committed to providing essential information that enables informed
purchasing decisions, equipping individuals to effectively manage their environmental and social impact.

Proactive carbon neutrality:

Building climate resilience:

As part of our commitment, Belkin takes a proactive stancetoward achieving carbon neutrality in our operations.
We’ve set clear goals to enhance transparency in both our
packaging and product footprints. By doing so, we aim to leadby example, demonstrating the importance of sustainable
practices within the technology industry.

Beyond mitigation efforts, Belkin is actively involved inbuilding climate resilience. We collaborate closely with
our factories and offices, particularly those in vulnerable
locations, to ensure preparedness for various climate-related
challenges. This includes developing robust strategies tohandle fires, floods, typhoons, excessive heat, and otherextreme weather events. Our goal is to safeguard human life,
minimize disruption to our supply chain, and contribute to amore resilient and sustainable global community.

Through these strategic initiatives, Belkin underscores its unwavering commitment to UN Goal 13, fostering climate action,and ensuring the resilience of our operations in the face of evolving environmental challenges. Our dedication to transparency,
education and proactive measures reflects our vision for a sustainable future that goes beyond mere compliance — it’s acommitment to leading positive change within our industry and beyond.

2.2 | Impact Report 2023

Planet | Environmental impact

Scope 1
Directemissions

Scope 2
Purchasedemissions

Scope 3
Value-chain
emissions

Total Belkinemissions

Scope 1
Direct emissions.

Scope 2
Indirect emissions
from purchased energy.

Scope 3
Indirect value-chain
emissions.

Definition: Scope 1 encompasses direct
greenhouse gas emissions resulting from
activities directly controlled or owned by ourorganization. These emissions are a direct
outcome of our operational activities.

Definition: Scope 2 comprises indirect
greenhouse gas emissions stemming fromthe generation of energy purchased or
acquired by our organization. It reflects theenvironmental impact associated with ourenergy consumption.

Definition: Scope 3 extends our analysis
to the broader value chain, encompassing
indirect greenhouse gas emissions
throughout the lifecycle of our products andservices. These emissions are a result ofboth upstream and downstream activities
related to our business operations.

Examples: This includes emissions from the
combustion of fossil fuels in our facilities,
emissions from on-site transportation, andprocess-related emissions.

Examples: Emissions from purchased
electricity, district heating or steam thatpower our operations.

Examples: Emissions from the extraction
and production of purchased materials,
transportation-related activities,
product use by customers, end-of-life
treatment of our products, and otheroutsourced activities.

Incorporating these scope definitions into our sustainability report enables a comprehensive assessment of our environmental
impact. By delineating emissions into these distinct scopes, we gain insights into the various facets of our carbon footprint.
This empowers us to develop targeted strategies for emission reduction and sustainable business practices. In our unwaveringcommitment to sustainability, we’re proud to announce significant achievements in our carbon footprint reduction strategy,
surpassing key milestones:
1. Solar power expansion:
Adding a robust 136.8 kW system of solar panels to our new El
Segundo global headquarters is a pivotal step forward. This solar
capacity expansion significantly contributes to our clean energy
generation, aligning with our strategy to reduce reliance on traditional
power sources.

2. Scope 2 carbon neutrality:
By the close of 2023, we successfully achieved a remarkable 63%
carbon neutrality in scope 2 emissions, a testament to our focusedcarbon footprint reduction strategy. This milestone reinforces
our commitment to mitigating the environmental impact of ouroperations.

2.2 | Impact Report 2023

3. R
 enewable Energy Credits (RECs)
and wind farm collaboration:
Our proactive approach includes the purchase of renewable energy
credits (RECs) from a wind farm, offsetting 100% of our facility’s
power consumption in Indiana. Simultaneously, the installation ofsolar panels at our new headquarters enhances our reliance on
renewable energy sources. This collaborative effort integrates
seamlessly into our broader carbon footprint reduction strategy,
exemplifying our commitment to cleaner energy practices.

4. LEED Silver certification:
Belkin’s El Segundo global headquarters has achieved Leadershipin Energy & Environmental Design (LEED) Silver certification. Thisaccolade not only acknowledges our energy-efficient designs, butalso reaffirms the success of our comprehensive carbon footprint
reduction strategy.

Planet | Environmental impact

These achievements demonstrate our commitment to sustainability, showcasing the efficacy of our carbon footprint reduction
strategy. As we celebrate these milestones, we remain resolute in our dedication to advancing sustainable practices, innovating
for a greener future, and continuing to refine our strategies to further reduce our environmental impact.

Our notable achievements include:

Initiatives we’re implementing include:•	Achieved 63% carbon neutrality in scope 2 in 2023•

•	Upgraded to full LED lighting in our Indiana facility in
2021 and made LED upgrades in several key facilities•	Executing a continual improvement program withfactories and offices in vulnerable locations (ensuring
preparation for fires, floods, typhoons, excessive
heat, and other extreme weather events) to protect
human life and minimize disruption to our supply
chain). These changes not only cut costs but alsoalign with our commitment to sustainable practices.

•	Signed the We Are Still In declaration(Paris Agreement equivalent)•	Attained over 67% GHG reduction in our operations
from 2009 to 2023
•	Added 136.8 kW system solar panels to
our El Segundo headquarters•	Certified our headquarters as LEED and Fitwel•	Reached 35% carbon neutral in scope 2 in 2021 purchased renewable energy credits from a wind farmfor 100% power consumption of our facility in Indiana1
and installed solar panels at headquarters
Wind energy (or wind power) refers to the process of creating electricity
using the wind or air flows that occur naturally in the earth’s atmosphere.1

We completed our purchase of REC effective April 2020.
The energy used at our Indiana facility can be claimed
from a combination of Pioneer Trail wind farm andAgriwind farm in Illinois.
2.2 | Impact Report 2023

Measuring carbon footprinting for our products

Planet | Environmental impact
Lead with LEED certification:
Belkin’s El Segundo global headquarters is so energy efficient that the complex
has been awarded LEED (Leadership in Energy & Environment Design) Silver certification.

Water efficiency:

Materials:•	Low-flow toilets with plumbing fixtures designed
to use 26% less water than LEED baseline,
and water-conserving faucet sensors•	Minimal carpet used — the floor is mostly
concrete throughout the building•	Drought-tolerant native landscaping•	White roofing to minimize heat absorption in
the building and reduce strain on the HVAC system•	A separate gray water system for our landscaping•	Diverted over 75% of waste from constructionof Belkin global headquarters

Energy:Parking:•	136.8 kW solar photovoltaic system installed on roof•	EV charging stations available on-site•	The building is mostly lit by natural light during the day•	Low-wattage bulbs where light is needed•	Energy-efficient HVAC system and lighting design
reduces energy and operational carbon
In addition, we went beyond our LEED certification to include Fitwel certification,
which prioritizes wellness and optimizes health in the design and operation of the building.

274

Solar panels on thebuilding rooftop

2.2 | Impact Report 2023

50

Energy-efficientmotion sensor lights

30

EV carcharging stations

136.8
kW system

Planet | Environmental impact
We’ve achieved over 67% GHG reductionin our operations since 2009 levels.*
GHG: Greenhouse gases contribute to global warming andnegatively impact environmental and human health.

72 %58,576812,203

113,611

reduction inelectricity consumption

tree seedlings

acres of forest

67 %GHG reduction

barrels of oil(over 1 million gallons of gasoline)*C umulative amount reduced since 2009: 43,396 metric tons of CO2e.
These statistics were calculated using the Greenhouse Gas Equivalencies Calculator by the EPA.

2.2 | Impact Report 2023

Planet | Environmental impact•	At the end of 2014, we installed 300 x 100-watt LED COB(chip on board) lights to the existing low-bay fittings in ourwarehouse, along with wiring alterations to those fittings.
These replaced the existing halogen globes and gear
trays rated at 450 watts (a 75% savings) on the globe
consumption and a reduction on maintenance costs.

•	In 2015, we installed 400 LED panel lights inthe offices, rated at 36 watts, replacing the existing
72-watt fittings, resulting in a 50% savings on
consumption and a reduction in maintenance costs.

Lighting upgrade in the UK.

2014

75 %

300x

Savings
2015

50 %

400x

Savings

Lighting upgrade in Indiana.

2021

62 %
Savings

2.2 | Impact Report 2023

3,000xPlanet | Environmental impact

Lighting upgrade in our Indiana distribution center resulted in a 62% reduction
in utility consumption (4,124 light bulbs).

Environmental impact of retrofit:

2,701,236

poundsAnnual sulfur dioxide (SO2) emissions reduction

9,004

poundsAnnual nitrogen oxide (NO, NO2) reduction

4,502

pounds534

tons/year

65,000mg/yearAnnual carbon emissions reduction

Coal burning avoided
Atmospheric mercury contamination avoided
Equivalent acres of forest added

435

acres

Equivalent number of cars removed from the road

210

cars

62 %
Savings

2.2 | Impact Report 2023

Planet | Carbon footprint

Curbing our carbon footprint.
Aligned with Project Gigaton, Belkin actively participated inWalmart’s initiative, utilizing goal setting and earning credits
for progress in reducing greenhouse gas (GHG) emissions
and single-use plastics. By leveraging science-based targets
and assessing our GHG and plastic footprint not just forWalmart but on a global scale, we ensured our sustainability
goals were robust and far-reaching.
This approach allowed us to legitimize our objectives within
the Walmart platform while strategically targeting more
substantial reductions in CO2 emissions and single-use
plastics, not only for Walmart but also for our global footprint.

In 2023, Belkin proudly attained Giga Guru status inpartnership with Walmart’s Project Gigaton. 1 This accolade
underscores our commitment to sustainability andour substantial contributions to Walmart’s ambitious
goal of eliminating one billion metric tons of greenhousegas emissions from the global value chain by 2030.

Achieving Giga Guru status is a testament to our dedication
to environmental stewardship and the integration of
innovative, sustainable practices into our business model.
It reflects our commitment to making a meaningful impact
in the global effort to combat climate change and reduce
environmental impact across our supply chain.

Project Gigaton is a Walmart initiative to eliminate one billion
metric tons (a gigaton) of Greenhouse gases fromthe global value chain by 2030. Walmart provides project
incentives to suppliers through goal setting and awarding
credits for progress.

1

Advancing toward 100% carbon neutrality in our operations.
Renewable energy defined:
Renewable energy, often referred to as clean energy, isderived from natural sources or processes that are continually
replenished. Our pursuit of 100% carbon neutrality involves asignificant reliance on these sustainable energy sources.
Decoding carbon neutrality:
Carbon neutrality is when an organization measures its
greenhouse gas emissions produced and then either
avoids these emissions by reducing them, compensating
for them through carbon offsetting activities, or eliminating
carbon emissions altogether.

2.3 | Impact Report 2023

Progress across scopes 1 & 2:
Our journey includes a dedicated focus on Scopes 1 & 2,
addressing direct emissions and those from purchased
energy. By continually monitoring and mitigating theseemissions, we are making tangible progress toward our goalof becoming carbon neutral.
As we navigate toward our target, the integration of renewableenergy, a deep understanding of carbon neutrality, andvigilant progress monitoring across Scopes 1 & 2 are integral
components of our comprehensive approach to sustainability.

Planet | Carbon footprint
We’re building toward 100% carbon neutral.
What is renewable energy?
Renewable energy, often referred to as clean energy, comesfrom natural sources or processes that are constantly
replenished.1
What does it mean to be carbon neutral?
Carbon neutrality means achieving net-zero carbon dioxide
emissions by balancing carbon emissions with carbon
removal (often through carbon offsetting) or simply
eliminating carbon emissions altogether.

Progress toward scopes 1 & 2.

25%

35%

63%

100%

carbon neutral
by 2020

carbon neutral
by 2021

carbon neutral
by 2023*

carbon neutral
by 2030* 60 % wind RECs from Indiana
3 % solar from HQ

1)

Source:Click here

2.3 | Impact Report 2023

Planet | Carbon footprint

Belkin partnershipwith One Tree Planted.
Contributing to California forest fire recovery.
Organization:
One Tree PlantedYear founded: 2014
Focus: 		Making it simple for anyone to help the environment by planting trees
Web site:https://onetreeplanted.org/
Industry:
Environmental nonprofit
Headquarters: Shelburne, Vermont

About One Tree Planted.
One Tree Planted is a nonprofit organization focused on global reforestation. Their vision is to make it simple for anyone to help
the environment by planting trees. This encompasses restoring forests, creating habitat for biodiversity, and making a positivesocial impact worldwide. Over the past decade, the nonprofit has planted over 135.5 million trees with 378 partners
across 82 countries in North America, Latin America, Africa, Asia, Europe, and the Pacific. One Tree Planted is dedicated tomaking it easier for individuals and businesses to give back to the environment, create a healthier climate, protect biodiversity,and aid reforestation efforts.

+
Challenge:
Reforestation after unprecedented devastation.

Solution:
A holistic approach to helping the environment.

According to the National Interagency Fire Center, in 2022
there were 7,490 California wildfires that totaled 362,455 ofacreage burned. The 2022 season came on the heels of the2020 and 2021 California wildfire seasons, which recorded
the highest and second-highest (respectively) acreage
burned in history. The cumulative effects of these three
years also rendered forests more vulnerable to bark beetle
infestation, further weakening and devastating forests.

Following the devastating wildfires statewide, Belkin swiftly
joined forces with One Tree Planted to aid recovery efforts.
Our partnership supported the direct action of planting
trees to restore ecosystems that were severely degraded bythese fires. Belkin partnered with One Tree Planted to makea meaningful impact on recovering California’s landscapes
during our April 2023 campaign funding.

The main priority was to support healthy forest fire recovery,
while other challenges included managing bark beetles andsoil erosion, and protecting water quality.
One Tree Planted had an established track record of several
forest fire recovery projects across the state of California,
which has 33 million acres of diverse forests. Additionally,
the nonprofit had extensive experience increasing
biodiversity to protect freshwater and soil.

2.3 | Impact Report 2023

Throughout our April campaign, $1 was donated for every
new product sold on Belkin.com. Our partnership supported
the direct action of planting trees to restore ecosystems thatwere severely degraded by these fires.
Beyond planting trees, our collaboration aimed at broader
ecological benefits, including habitat restoration anderosion control. This holistic approach contributed to both
environmental recovery and community resilience.

Planet | Carbon footprint

Result:A tangible, positive impact.
A total of 5,867 trees were planted in regions throughout the state
severely impacted by wildfires. This success reinforced Belkin’scommitment to ongoing collaboration, with a shared vision of contributing
to the sustained recovery and resilience of California’s forests.
Belkin’s contribution to California forest fire recovery reflects a
commitment to action, emphasizing the rebuilding of ecosystems andthe preservation of the state’s natural beauty and environmental legacy.
Snapshot of the project Belkin supported:•	5,867 trees planted by Belkin•	Implemented measures countering drought devastation•	Performed habitat restoration•	Addressed erosion control•	Battled bark beetle infestation“ Anytime we can actively participate in restoring
the environment, we’re going to jump at it.
One Tree Planted’s efforts perfectly align with
Belkin’s sustainability values, and with ourheadquarters in Southern California, we saw
the impact of the wildfires firsthand. We’re
proud of our One Tree Planted partnership, andcontinue to collaborate and explore ways towork together. ””

Ernie Roberts, Belkin Head of Global Sustainability

2.3 | Impact Report 2023

Planet | E-waste recycling programs

Responsible e-waste
and recycling management.
Taking a comprehensive approach to curtailing a fast-growing global challenge.
Fast-growing challenge:
Electronic waste (e-waste) represents the fastest-growing
waste stream globally. At Belkin, we recognize the urgency
to address this challenge responsibly.
Global compliance and expansion:
Adhering to the Waste Electrical and Electronic
Equipment (WEEE) directive, we conduct rigorous productassessments to meet specified reuse, recycling andrecovery rates. Our commitment extends beyond the EU,
covering diverse regions.
Certified recycling standards:
Our U.S. recycler holds landfill-free certification for both
the R2 Standard and RIOS, ensuring responsible recycling
practices. The R2 Standard provides essential processes
and safety measures for electronics recycling.
Partnership with SIMS Recycling:
In collaboration with SIMS Recycling, we offer freerecycling of Belkin products across the United States. Thisinitiative aims to salvage valuable materials like aluminum,
copper and precious metals, diverting e-waste fromlandfills.
Contributing to recycling programs:
Belkin is proud to contribute to various countries’ recycling
programs. Since 2009, we’ve funded the recyclingof 10,734 metric tons of packaging, emphasizing ourcommitment to environmental responsibility.

Belkin’s impact:

Headquarters (HQ):
Since 2009, Belkin’s headquarters have diverted
76,128 pounds of e-waste from landfills. Collaboratingwith e-waste partner Human-I-T, we ensure
responsible disposal to prevent soil, groundwater andair contamination. Human-I-T, a nonprofit and social
enterprise, aligns with our commitment, repurposing
e-waste into usable devices while bridging the digital
divide.

Global initiatives:

Globally, we actively participate in diverse e-waste
recycling schemes. Since 2009, our contributions
include funding the recycling of 27,405 metric tonsof electronic waste, 764 metric tons of batteries, and10,405 metric tons of packaging. This comprehensive
approach reflects our dedication to the circular economy,emphasizing responsible end-of-life (EOL) practices.
End-of-life disposal (e-waste partners)
Belkin contributes to the Waste Electrical andElectronic Equipment Directive in the EU.
Belkin partners with various organizations in the U.S. toensure that our e-waste is responsibly recycled:•	Human-IT:

GHQ e-waste•	Technology recyclers:

Indiana warehouse e-waste•	SIMS lifecycle services:

USA online takeback program•	Call 2 Recycle:	Battery recycling partner
in U.S. and Canada

2.4 | Impact Report 2023

Planet | E-waste recycling programs
UN Goal 12:
Responsible consumption and production.
Global recycling.
Global recycling initiatives have helped Belkin reduce
our carbon footprint on a much larger scale.
E-waste.
Our notable achievements include:•	Since 2009, we funded the recycling of 27,560 metric tonsof electronic waste and 763 metric tons of batteries•	Belkin employees diverted over 76,128 lbs. of e-waste
away from landfills with support from e-waste
partner Human-I-T, ensuring metals and chemicals
don’t contaminate soil, groundwater and air•	We’ve made it easy for our customers to contributewith a recycling resource section on our website

27,560metric tons of electrical andelectronic devices

763

metric tons of batteries
We’re focused on these future initiatives:•	Developing a system to track how much copper,
tin and other metals are in our products•	Pursuing removal of hazardous substances in
product development to align with the goals andprevent disclosure of EU RoHS, REACH, etc.
•	Evaluating our systems: We’re partnering with ourrecycler in Indiana and are discussing with smelters
to determine how we can validate recycled content•	Furthering our partnership with Call2Recyclefor U.S. battery recycling and expanding battery
recycling partnerships around the globe•	We’re constantly looking for ways toencourage responsible consumption•	We continually investigate and learn about theenvironmental and social impact of our products

2.4 | Impact Report 2023

10,734
metric tons of packaging

Planet | Sustainable supply chain

Our commitment toa sustainable supply chain.
Navigating complexities and embracing best practices.
Belkin is dedicated to fostering a sustainable and ethical supply chain that aligns with our core values. Our commitment extends
beyond creating innovative products; it encompasses ensuring that every step of our supply chain reflects environmental
responsibility, social accountability and ethical business practices. Our commitment to responsible business conduct extends
throughout our supplier engagement, partnerships and transparency initiatives.

Ethical sourcing practices:

Supplier engagement:
We actively engage with our suppliers to ensure that ethicaland sustainable practices are woven into every aspectof our supply chain. Our engagement involves ongoing
communication, audits and evaluations to guarantee
compliance with our ethical sourcing guidelines. We aligncollaborative efforts with industry best practices, and we’re
proud to be a member of the Responsible Business Alliance(RBA). The RBA, a coalition of businesses committed tosocial responsibility, provides a framework for companies
to collectively address labor and human rights, ethics,
environmental sustainability, and health and safety in global
supply chains.
Partnerships with ethical suppliers:
Belkin actively seeks partnerships with suppliers who share
our commitment to ethical practices. We prioritize working
with organizations that adhere to fair labor standards, provide
safe working conditions, and embrace diversity and inclusion.

Sustainable practices:

Environmental responsibility:
Belkin places a strong emphasis on minimizing theenvironmental impact of our supply chain. This includes
reducing carbon emissions, minimizing waste, andimplementing energy-efficient practices across our
manufacturing and logistics operations.
Supply-chain transparency:
Transparency is a cornerstone of our sustainable supply
chain. We believe in open communication with our
stakeholders, providing visibility into our supply-chain
processes. This transparency ensures accountability
and allows our customers to make informed choices about
our products.
2.5 | Impact Report 2023

RBA’s impact:
Our partnership with the RBA enhances our ability to address
global supply-chain challenges effectively. By collaboratingwith like-minded businesses within the RBA framework,
we contribute to the development and implementationof responsible practices that drive positive change. This
collaboration empowers us to navigate the complexities of
the global supply chain while ensuring that our products are
sourced and manufactured ethically.
We’re committed to the ongoing improvement of our
supply-chain practices. Regular assessments and feedback
mechanisms are in place to identify areas for enhancement,
ensuring that our commitment to sustainability is a dynamic
and evolving journey.
By prioritizing ethical sourcing, engaging with responsible
suppliers, embracing sustainable practices, and fosteringtransparency, Belkin strives to create a supply chain that
impacts the world in a positive way.

Planet | Product chemistry

Product chemistry andenvironmental compliance.
Following regulatory requirements and practicing sustainable governance.
Global regulatory compliance:
Ensuring the safety of our products and meeting environmental regulatory requirements globally is afundamental aspect of Belkin’s commitment to responsible business practices. To sell our products in the
global marketplace, Belkin diligently adheres to environmental regulatory requirements across various regions.
Our commitment extends beyond mere compliance, as we aim to proactively contribute to environmental
stewardship.
Restricted Substance List:
Belkin maintains a dynamic and comprehensive Restricted Substance List (RSL) that’s updated annually. This list goes above andbeyond basic compliance obligations, serving as a proactive measure to design our products without the use of substances that
could potentially pose harm to the environment or end users.
Proactive product design:
Our commitment to environmental sustainability is embedded in our product design philosophy. By excluding substances listed
in our RSL, we ensure our products not only meet but exceed global compliance standards. This proactive approach reflects ourdedication to the health and well-being of our customers, the environment and the communities we serve.
Belkin’s ongoing efforts in product chemistry underscore our commitment to responsible and sustainable business practices.
Through the continual refinement of our Restricted Substance List and proactive product design, we strive to lead the way indelivering environmentally conscious and compliant solutions to the market.

Restricted Substance List:

2.6 | Impact Report 2023

Click here

Planet | Product chemistry

Product chemistry andenvironmental compliance.
Following regulatory requirements and practicing sustainable governance.
Responsible consumption and production.
E-waste.
We’re pursuing the removal of hazardous substances in product development to align with the goals ofCalifornia Proposition 65, EU, RoHS, REACH, etc.

What do these acronyms stand for?
RoHS

Restriction of Hazardous Substances

SCIP

Substance of Concern in Products: this is established under the EU Waste Framework Directive (WFD)

WEEE

Waste Electrical & Electronic Equipment

REACH Registration, Evaluation & Authorization of Chemicals
TSCA

Substance Control Act

POPS

Persistent Organic Pollutants (PFOA and PFOS included)

2.6 | Impact Report 2023

Planet | Conflict minerals policy

Establishing an ethicalconflict minerals policy.
Aligning minerals sourcing procedures with our corporate values.
Belkin is committed to upholding ethical standards in its
supply chain, particularly concerning the use of conflictminerals. The Dodd Frank Act Section 1502 obliges U.S.
companies to scrutinize their supply chains for tin, tantalum,
tungsten and gold, with a focus on minerals originating fromthe Democratic Republic of the Congo (DRC). This legislation
specifically targets units of the Congolese army andassociated militias implicated in human rights abuses.

We closely monitor supplier compliance through acomprehensive supply chain survey, the Conflict Minerals
Reporting Template (CMRT). This survey includes theidentification of all smelters supplying gold, tantalum, tin andtungsten (3TG) to our supply chain. Furthermore, we require
our direct suppliers to source 3TG exclusively from smelterswith validated due diligence practices, as verified by anindependent third-party audit program.

Belkin recognizes the gravity of concerns regarding conflictmaterials, which have been linked to human rights atrocities
in the Eastern Region of the DRC. Aligned with our corporate
values, we insist that our suppliers operate in a manner that
precludes any involvement in labor or human rights violations.

Belkin’s commitment extends to reviewing due diligence
information obtained from our suppliers, reinforcing our
expectations for responsible mineral sourcing throughout
our supply chain. Our proactive approach demonstrates ourdedication to ethical business practices and the promotion of
responsible sourcing in the electronics industry.

To address these concerns, Belkin has implemented a robust
responsible minerals sourcing policy.

2.7 | Impact Report 2023

Product3

ProductSustainableproduct design.
Developing innovative alternatives.

Progress in R&D for sustainability:

Incorporation of PCR (post-consumer recycled) materials:

Belkin’s relentless commitment to sustainability is evident inour robust Research and Development (R&D) efforts aimed
at integrating responsible practices into our products. Our
multidisciplinary teams, comprising experts in sustainability,
material engineering, supply chain, mechanical engineering,
regulatory and compliance, and product quality assurance,
work collaboratively to drive positive environmental impact.

Belkin recognizes the significance of reducing ourenvironmental footprint, and one key initiative involves theincorporation of post-consumer recycled (PCR) materials.
This approach not only aligns with our commitment tosustainability, but also contributes to a circular economy. By
actively seeking and implementing PCR content, we aim to
make a meaningful impact on waste reduction.

Material investigation projects:

PFAS-free alternatives exploration:

In the pursuit of more sustainable alternatives,
Belkin’s R&D initiatives include comprehensive material
investigation projects. Through collaboration with global
experts, we explore innovative materials that align with
our sustainability goals. This year’s focus remains on
identifying viable substitutes for virgin plastic, particularly
in product enclosures.

As part of our ongoing efforts to eliminate per- andpolyfluoroalkyl substances (PFAS) from our products, our R&D
teams are diligently searching for PFAS-free alternatives. This
strategic approach aligns with our dedication to chemicalsafety and environmental stewardship. Belkin acknowledges
the complexities of this endeavor and remains committed tothorough research and testing to ensure the development ofalternatives that meet our high standards.

3.0 | Impact Report 2023

Product | Sustainable product design

Belkin’s approach tophasing out PFAS.
Proactively exploring safer solutions.
At Belkin, our commitment to sustainability is unwavering.
Recognizing the environmental impact of per- and polyfluoroalkyl substances (PFAS), we aim to engage our supplychain partners and find safer alternatives that enhance
product performance while reducing environmental harm.
Belkin prioritizes the removal of hazardous substancesfrom our product designs. Our commitment is reflected in
our Regulated Substances Specification, emphasizing arigorous approach to chemical safety. While adhering torecommended practices, we strive to continue to innovateand discover safer solutions.

PFAS background:
PFAS — with their unique properties — have been widely used
across industries, including electronics. Acknowledging thepotential risks, we’re committed to eliminating PFAS from our
products. Our efforts focus on applications with the highest
PFAS volume and the most significant environmental impact.
Belkin’s PFAS phase-out commitment:
Belkin is taking proactive steps in phasing out specific
PFAS members, eliminating PFAS through restrictions,and continually updating our substance specifications. We
recognize the challenges in compiling a comprehensive PFAS
catalog and are dedicated to ensuring non-PFAS alternatives
meet stringent safety standards.

Steps toward PFAS phase-out:
1. C ompiling a comprehensive catalog:
Belkin is actively engaged in cataloging PFAS use in
our products, ensuring transparency andinformed decision-making.
2. Identifying non-PFAS alternatives:
We’re collaborating with existing and new suppliers to identify
non-PFAS alternatives. Belkin is committed to innovation,
partnering with research institutes and funding projects forthe development of PFAS-free alternatives.
3. Avoiding regrettable substitutions:
Belkin recognizes the importance of avoiding regrettable
substitutions. We employ rigorous chemical hazard
assessments to ensure that non-PFAS alternatives meet
safety standards without unintended consequences.

Fluorine
Oxygen

C
C
C

C

C
C

C
C

Hydrogen

3.1 | Impact Report 2023

CarbonOur efforts align with specific global regulations, such as
the European Union’s perfluoroalkyl chemicals (PFASs)
guidelines by the European Chemicals Agency (ECHA) and theinsights from the U.S. Environmental Protection Agency (EPA)
regarding the human health and environmental risks of PFAS.
Belkin’s proactive stance in phasing out PFAS aligns with
our values of sustainability, innovation and collaboration.
We strive to lead transformative change within our industry,
inspired by a commitment to a greener future.

Product | Life-cycle assessments

Evaluating environmental impact
throughout the supply chain.
Gaining insights at life-cycle stages to manage our environmental footprint.
LCA calculation capability:
Life-Cycle Assessment (LCA) stands asa foundational analysis method crucial
for evaluating the environmental impact
and resource consumption throughout
every stage of a product or service supply
chain. At Belkin, we have embraced LCA to comprehensively
measure potential environmental loads, enabling us to makeinformed decisions at each step of our operations.
Adhering to ISO 14040 and ISO 14044 standards, LCA
provides a standardized framework for assessing a product’s
life cycle. We meticulously track resource consumption,
including energy, water, and materials and LCA allows
us to connect this data to specific products. By adopting
this approach, we gain insights into a product’s scope 3
emissions – from its initial development to its final delivery to
our customers.

An integral aspect of LCA is its ability to quantify theenvironmental impact at every life-cycle stage: material
extraction, production, product use, and end of life. This
comprehensive evaluation helps us understand the holistic
environmental footprint associated with our products.
Belkin utilizes LCA to build in-house capabilities formeasuring our material and product footprint. This strategic
initiative empowers us to identify materials with lower
environmental impact, phase out those with higher impact,
and foster the development of products with a reduced
carbon footprint. Our commitment to LCA reflects ourdedication to sustainable practices, enabling us to makeinformed decisions that contribute to a more environmentally
responsible future.

Life-Cycle Assessment (LCA)
Measuring the environmental footprint of our value chain.

Recycled Materials
EnergyEnergyEnergyEnergyEnergyRaw Materials

Productions

Transportation

Use

Disposal
Recycling

Waste

Waste

Waste

Emissions
to air and water

3.2 | Impact Report 2023

Emissions
to air and water

Emissions
to air and water

Waste

Emissions
to air and water

Waste

Emissions
to air and water

Product | Responsible packaging

Gaining momentum
on packaging responsibly.
Packaging.
Our achievements include:•	Funded the recycling of 10,405 metric tons of
packaging since 2009•	Committed to Australia Packaging Covenant
Organisation (APCO) 2025 targets•	Executed packaging refresh to replaceclamshell plastic packaging•	Replaced screen protector plastic envelopewith compostable solution (plant-based plastic
and craft paper) while investigating recyclable
envelope solutions•	Fostered implementation of smaller packaging
sizes. Reduced size of NPI packaging by an averageof 41% in Korea.

3.3 | Impact Report 2023

We’re dedicated to addressing these challenges
moving forward:•	Continuing commitment to Walmart Project Gigaton•	Attaining chain-of-custody certification
for paper sourcing•	Accelerating reduction of single-use plastic
by end of 2025 (based on 2019 benchmarkof 25% single-use plastic reduction)•	Implementing 100% plastic-free packaging

Product | Responsible packaging

Commitment toAustralia Packaging Covenant Organisation(APCO) 2025 targets.

Packaging:

The Covenant:

APCO believes collaboration is criticalamong all sectors and government to findthe best possible solutions to packaging
efficiency and sustainability in Australia.1

The Australian Packaging Covenant (the Covenant) is anagreement that defines how governments and businesses
share the responsibility for managing the environmental
impacts of packaging in Australia.

APCO allowed us to evaluate our total packaging footprint inAustralia and New Zealand and investigate, along with ourpartners, how our packaging is managed after it’s purchasedby the consumer.
With APCO’s direction, we were able to develop packaging
that’s aligned with APCO’s targets for single-use plastic
reduction, recycled content and the use of compostablematerials. We then applied this to products we sell globally.

The Australian Packaging Covenant Organisation (APCO) is theentity in charge of managing and administering the Covenant.
By becoming a Member of APCO and therefore, a Signatory
to the Covenant, organizations agree to shared commitments
and joint responsibilities to work collaboratively to achievesustainable packaging outcomes.
2022-23 APCO performance summary results:
Belkin has moved from an overall performance level last yearof 55% (Advanced) to 80% (Leading).

Overall Performance Leading

The chart below indicates the overall performance level of this organization listed above in the 2023 APCO
Annual Report. The organization's reporting period was January, 2022 - December, 2022

Getting started

3.3 | Impact Report 2023

Good Progress

Advanced

Leading

Beyond Best PracticeProduct | Responsible packaging
With plastic.

Reduced plastic.

Reduced plastic.
Belkin is committed to reducing the use of single-use
plastic in packaging for new product launches.

•	BoostCharge Pro
3-in-1 Wireless Charger with MagSafe 15W

The result.
This was implemented across new and existing products
and brought a 56% reduction in plastic since 2019.
Below are a few examples of our new packaging designs
where we saw significant reductions in plastic packaging.

•	BoostCharge Pro
3-in-1 Wireless Charging Pad with MagSafe•	
BoostCharge Pro
Portable Wireless Charger Pad with MagSafe•	SoundForm™ Immerse Noise Cancelling Earbuds•	Magnetic Face Tracking Mount

With plastic.

Reduced plastic.

Reduced plastic.
Belkin is committed to the reduction of ourecological footprint by rethinking the way we
produce and consume goods and resources.

•	Screen protector envelopes
Reduced the use of plastic by 40%•	Quick Start Guide
Redesigned to reduce its paper
consumption by 90%

The result.
Successfully reengineered the packaging and storageof key elements of our product line, resulting ina significant reduction of raw materials used — all without
the loss of quality, safety and longevity.
3.3 | Impact Report 2023

•	Screen protection application system
Redesigned, reducing over
80% of plastic needed= Plastic elements

Product | Responsible packaging

Sustainable paper sourcing
and environmental responsibility.
Requiring compliance to protect forest ecosystems and their communities.
We require a chain-of-custody certification
to ensure our paper is sourced from
responsibly managed forests and iscompliant with all applicable local andinternational laws.
This also ensures protection of worker and indigenous
peoples’ rights, minimizes our environmental impact, andprotects the long-term viability of the forest.
We use FSC certified paper in our packaging. This meansthat we “comply with the highest social and environmental
standards on the market. Public concern about the state of
the world’s forests and timber resources is increasing, and
FSC provides a credible solution to complex environmental
and social issues.” 1

Plastic packaging reduction journey.
2023
342 metric tons

2022
505 metric tons
2021
577 metric tons

2019
932 metric tons
(benchmark)3.3 | Impact Report 2023

2020
633 metric tons

Product | Responsible packaging

Advancing toward
plastic-free packaging.
Moving past previous goals to eliminate plastic entirely.
We’ve already met our original goal to reduce single-use plastics by 25% by2025. Currently at 66% reduction, we are seeking ways to remove plastic
from our packaging entirely. Most single-use plastic ends up in landfills,
oceans, waterways and the environment. Plastics don’t biodegrade. Instead,they slowly break down into smaller pieces of plastic called microplastics.1

1)

Source:Click here

3.3 | Impact Report 2023

Product | Responsible packaging

Embracing recycled PET (rPET)
for sustainable packaging.
Continuing efforts to reduce our virgin plastic footprint.
We use 100% recycled PET (rPET) where possible, exceeding our goal to incorporate atleast 30% rPET in our packaging when plastics are used.
The continued effort is to reduce our virgin plastic footprint while also opening up demand for recycledplastic, to support our recyclers and help lead us toward a circular economy.

3.3 | Impact Report 2023

Product | Responsible packaging

Transforming old bottles
into new packaging.
2021 ScreenForce™ application system.
We developed this process to recycle used PET plastic bottles into new packaging that can befurther recycled. This solution, 100% recycled PET (rPET), was incorporated into our OVR packaging
where paper did not meet our packaging standards.

1.

Bottles are sourced

from recycling center

3.3 | Impact Report 2023

2.

Paper labels
are removed

3.

Bottles are
ground into
flakes4.

Flakesare cleaned

5.

Flakesare melted

6.

Flakes formed
into sheets for the
EZ alignment screenprotection trays

People4

PeoplePeople firstpolicies and practices.
Awards and recognitions for 2023.
2022 Highlights.

2023 Highlights.

A healthier future with Fitwel.
Originally created by the U.S. Centers for Disease Control(CDC) and U.S. General Services Administration, Fitwel isthe world’s leading certification system committed to afuture where all buildings and communities are enhanced
to strengthen health and well-being.
Belkin headquarters has received Fitwel certification for
implementing the Fitwel Standard to increase employee
health, well-being and access for all.
•	Outdoor space amenities include indoor
and outdoor gardens with seating areas•	Sit-stand desks promote health and activity•	Healthy food and beverage options
available for all employees•	Access to on-site gym•	Quiet room•	Private lactation room for nursing
employees and guests

4.0 | Impact Report 2023

Los Angeles Business Journal award.
In addition to back-to-back award wins for LA Business
Journal’s Best Places to Work, for the second year in a row,
Belkin Global Headquarters is recognized as Built In’s 2024
Best Places to Work. In true Belkin fashion, we actually outdid
ourselves from our 2023 award: Not only did we repeat in the
LA Best Places to Work and LA Best Midsize Places to Work,but expanded to the national level and were named as
U.S. Best Midsize Places to Work!

People | Employee well-being

Ensuring healthy lives
by promoting well-being.
Articulating positive attitudes and approaches to staying energized and focused.
Belkin values are the foundation for our work and behavior as an organization. They represent the fundamental
philosophies behind what we believe will create a positive experience among our colleagues and customers.
Within our organization and throughout the world, our ultimate vision is for a protopia. A protopian world
focuses on continuous improvement and adaptability, working toward an inclusive future with more diversity.
Our values define a competitive difference. As a clearly articulated expression of Belkin’s attitude andapproach, they continually help to attract and retain talent interested in living by our values in the workplace.

Be positive active.

Our best emerges from a positive, optimistic mindset.
Participate, be thoughtful and make smart decisions.

Maintain your edge.

Curiosity, passion and discipline feed the competitive spirit.
Commit to being the best without compromising integrity.

Pursue the ideal.

The ideal lies at the intersection of what is possible andwhat people care about. Push yourself to achieve the extraordinary.

Recharge.

We’re most effective when we’re energized and focused.
Invest in those things that replenish you.

Succeed as a team.

We believe in the power of collaboration. Honor diverse ideas,
foster healthy debate and inspire each other.

4.1 | Impact Report 2023

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People | Employee well-being

Promote sustained, inclusive andsustainable economic growth,
full and productive employment,
and decent work for all.
It’s the desire and intention of Belkin to
conduct our business with high ethicalstandards and to positively impact thecommunities in which we do business.
We’ve developed codes of conduct toensure our actions are consistent with
our intentions.
Fostering growth and development opportunities:
Our employees’ well-being and career development are
extremely important to us. We want them to perform well andget satisfaction from their jobs.
The Belkin team provides quality services that support
the recruitment of qualified job applicants, the growth andadvancement of training, and education to develop andpromote employee success.
Safe and healthful working environment:
The Belkin People Team promotes and prioritizes the healthand personal safety of each employee. Providing a safe andhealthy workplace is of primary importance in all phases of theoperation and administration at Belkin.
Talent acquisition:
At Belkin, talent acquistion is a long-term strategic effort
to cultivate relationships that attract qualified candidates
who will bring their knowledge, skills and experience tothe organization.
Talent development:
Learning and development are critical to the success of ourbusiness. At Belkin, we aim to foster a culture of learningwhere employees can develop themselves to reach personalgoals aligned with the goals of the organization. Learning anddevelopment can help our teams advance their careers, build
their confidence, and provide a greater sense of purpose andprofessional achievement while helping us build a stronger
business, and being a strong partner to our communities.

4.1 | Impact Report 2023

Portal Learning students presenting at Belkin HQ.

Our programs provide support across all our regions, toensure employees continue to develop. Most of the content
is provided as on-demand, ensuring access at the point of
need, and at a time that works for the individual. We prioritize
on-demand and interactive learning content; however, we
also offer more formal training programs for immersive, skillbuilding opportunities around self-development.
Programs offered:•	On-demand access to learning management
system G.R.O.W. Learning Hub – over
15,000 courses for skill building•	Education reimbursement•	Mentorship program•	Executive coaching•	Leadership development programming•	Skill-map building

2/3

People | Employee well-being

Ensuring healthy lives
by prioritizing well-being.
.Providing on-site fitness facilities, health competitions and various wellness perks.
At Belkin, we recognize that we’re all people before we’re employees,
and as such, all people deserve to be healthy. In fact, fostering
inclusive well-being is at the forefront of our organization,with one of our company values being Recharge: We’re most effective
when we’re energized and focused. Invest in those things that
replenish you.
Belkin has access to a state-of-the-art on-site gym that’s free to all employees.
It consists of free weights, workout machines, Peloton bikes, cardio equipment,
TRX, and a rock-climbing wall.
This space also includes free access to a locker room with day-use lockers, showers(soap, shampoo and conditioner provided) and towels. We offer free on-site and virtualbootcamp and yoga classes with professional instructors. For those feeling competitive,
we offer regular fitness competitions focused on developing healthy fitness habits forour personnel.
At Belkin, we strive to offer a market-competitive,
valuable Total Rewards program because our
employees are at the core of everything we do.
Our goal is to provide a wide variety of health andwellness benefits that allow our employees tochoose the coverage that best meets their needs.
We remain committed to our Total Rewards
philosophy of providing benefits that arecompetitive, equitable, comprehensive andsustainable.
•	Monthly mindfulness sessions•	State-of-the-art massage chairs•	Free weekly virtual fitness classes(yoga and bootcamp)•	Discounted gym memberships
through Active & Fit•	Two meditation/non-denominational
prayer rooms•	A Mother’s Room for mothers to use privately
for lactation (equipped with a refrigerator for
secure milk storage)

4.1 | Impact Report 2023

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People | Community engagement

Collaborating locally to create
community engagement.
Participating in community projects, employee volunteer programs and education.

2023 People milestones:•	Belkin CFO Jay Singh and his wife Renu started thenonprofit Giving From the Heart Foundation in 2018 toprovide food, toys, clothes and other necessities to thosein need. 2023 carried on their tradition of working withlocal vendors to redirect excess waste to underserved
communities through local toy and food drives, clothing
donations and school backpack donations.

•	In the summer of 2023, Belkin hosted two weeks ofcomputer coding camp through Kode with Klossy at its
global headquarters in El Segundo, California. The annual
program creates learning experiences and opportunities
for young women and gender expansive teens to spark
their passions in a tech-driven world.

•	In 2023, Portal Schools became Portal Learning. The
community partnership is a network of independent
Los Angeles high schools that launched its founding
cohort at Belkin International Global Headquarters in El
Segundo. Students attend programming two days a week
and activities include mentorships, mini-internships andprojects on the Belkin campus.

•	Earthwise VIBE activities: Employee Resource Groups(VIBEs: Value Inclusion, Belonging and Equity) participatedin voluntary activities involving community outreach,professional development and networking. In thespringtime of 2023, Belkin employees conducted a cleanup
effort at the Ballona Creek Wetlands. Additionally, there
were an e-waste drive and public speaking engagements
educating on organizational sustainability efforts.

4.2 | Impact Report 2023

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People | Community engagement

deib
Earthwise

Diverse Ability

Page Turners

Pride @ Belkin

Women’s
Network Group

Black Excellencein TechJuntos @ Belkin

Ensure healthy lives and promote well-being for all ages.
Community and collaboration:•	Employee resource groups: VIBEs (Value, Inclusion, Belonging, Equality) focusedon community building, talent recruitment/retention and advocacy•	Honored to be named “Best Places to Work” by Los Angeles Business Journal•	Won the Healthiest Employer Award in Southern California with up to 499 employees•	Biannual on-site blood drive with the American Red Cross•	Identified as LA Times B2B Publishing as DEIA Visionary•	“Mindfulness with Dr. Milo” on the first Wednesday of every month•	Mental health first-aid training for senior leadership•	Art therapy for employees through a contribution to Million Little (millionlittle.com)•	Wellness programs, snacks, meals, beverages and workplace facilities to promote exercise and fitness•	On-site flu and COVID vaccinations and biometric screening events•	On-site annual health fair

4.2 | Impact Report 2023

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People | Community engagement

Reduced inequality
within and among countries.
Reduced inequality within and among countries — DEIB vision.
Our continued success depends on the Diversity, Equity, Inclusion and Belonging of our global team. Because
we make people-inspired products, prioritizing the holistic well-being of people is essential to our business.
Our DEIB commitments inform and fuel us on our pathway of action to walk the talk. As lifelong learners, wecommit to a growth mindset that allows us to hold courageous conversations and push back against systemic
oppression.
Belkin was announced as one of five finalists in the DEI Team of the Year category out of 77 organizations
by Los Angeles Business Journal.

DEIB commitments to walk the talk:
1. Shared responsibility

DEIB focus:

2. Education and awareness

Pillar 2: Education and awareness3. Cultural humility
4. Active listening
5. Accountability

Gender equity and equality.
The founding of the Women’s Network Group (WNG)
as our first employee resource group represents ourongoing commitment to gender equity and genderequality. Not only does WNG provide programming
throughout the organization, but members also receive
advocacy, mentorship and professional development.
Meetings are robust in conversation among members
and senior leadership.
These opportunities to connect with executives can also
serve as reminders of the ongoing importance to searchfor, analyze and rectify any unintentional pay inequities
that may arise over time. Similar to all our employee
resource groups, WNG is intentionally mindful about how
members’ gender identities are intersectional with allother multicultural identities.
Quality education.
Embracing a growth mindset throughout our organization
propels our legacy of innovation forward and enables
4.2 | Impact Report 2023

Pillar 1: Talent recruitment and retention
Pillar 3: Connection and collaboration
Pillar 4: Professional development

us to stay at the forefront of emerging technologies.
Moreover, our unwavering belief in quality educationis reflected in both our internal benefits offerings andprogramming, as well as our community engagement andvolunteerism.
Our Pursue the Ideal company value reverberates thismessage: “The ideal lies at the intersection of what is
possible and what people care about. Push yourself toachieve the extraordinary.” Moreover, Education andAwareness is a DEIB commitment as well as a Focus Pillarof action.
The Educational Assistance Program offered to all fulltime employees supports our belief that all humans are
lifelong learners.
Employees who have been onboard for at least one fullyear are able to receive annual financial assistance for a
job-related course at an approved educational institution.
We also offer optional training year-round through ourLearning Management System, GROW
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People | Supplier code of conduct

Committed to suppliers complying
with our code of conduct.
Ensuring accountability and transparency in supplier relations.
At Belkin, we’re committed to upholding the highest standardsof ethical business practices across our supply chain.
To achieve this, we’ve implemented a robust Supplier Code of
Conduct that aligns with the Responsible Business Alliance’s(RBA) stringent standards.

•	Alignment with RBA standards: As an active
member of the Responsible Business Alliance(Belkin parent company Foxconn is an RBA
founding member), we revised our supplier Codeof Conduct post-merger in 2018. This revision
ensures strict alignment with RBA’s guidelines.
•	Ongoing audits for social accountability: We continuallymonitor our suppliers’ adherence to social accountability
standards through regular third-party audits. All
engaged factories are required to undergo current
third-party audits by approved social audit schemes.
•	Quarterly monitoring and issue resolution: Ourproactive approach involves quarterly tracking andflagging of any issues identified through our monitoring
system. The Supplier Quality Assurance (SQA) team is
promptly alerted, enabling timely issue resolution.
•	Supplier training and auditing: We offer new
supplier auditing and training as needed, fostering
a culture of continuous improvement. This ensuresthat all suppliers remain updated on the latest
ethical and social responsibility standards.

Responsible Business Alliance Code of Conduct Version 8.0

4.3 | Impact Report 2023

•	Modern Slavery Act reporting: Belkin adheres to theModern Slavery Acts in Australia and the UK, conducting
annual reporting. This commitment underscores
our dedication to eradicating modern slavery andpromoting transparent supply-chain practices.
•	RBA Code of Conduct compliance: All our suppliers aremandated to comply with the RBA Code of Conduct.
This framework, based on Version 8.0, establishes clear
expectations for social and environmental responsibility.
•	Biennial third-party social compliance audits:
Belkin enforces a biennial requirement for all
suppliers to undergo third-party social compliance
audits. This regular assessment ensuresongoing adherence to ethical standards.
•	Global dissemination of guidelines: We havedisseminated expectations and guidelines for
suppliers globally, solidifying a shared commitment
to ethical and environmentally progressive businesspractices. This Code of Conduct is instrumental in
our supplier selection process, ensuring alignment
with our values and sustainability goals.

Click here

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People | Supplier code of conduct

Moving forward, we’re committed to:Goals we’ve attained in working withorganizations include:•	All our suppliers must comply with the RBA
Code of Conduct and must complete a thirdparty social compliance audit every two years•	All factories we engage with must havea current third-party audit by one of ourapproved social audit schemes•	Belkin is required to report our progresson this annually in accordance with UK 1
and Australia Modern Slavery Acts 2•	Continually monitor our tracker and flag any
issues to Supplier Quality Assurance (SQA)
quarterly. We offer new s upplier auditing andtraining as needed•	Conducting annual Modern Slavery Act reportingin Australia and the UK•	Performing updated Annual Social Accountability
Internal Audit and Supplier Code of Conduct

UK Modern Slavery Act.

California Transparency in Supply Chains Act.

An act to make provision about slavery, servitude and forced
or compulsory labor, and about human trafficking, including
provision for the protection of victims; to make provision
for an Independent Anti-slavery Commissioner; and forconnected purposes.1

A requirement for companies to disclose information
regarding their efforts to eradicate human trafficking andslavery within their supply chain. 2

Conflict Minerals Dodd Frank Act Section 1502.

Australia Modern Slavery Act.

A requirement for U.S. companies to disclose usage ofconflict minerals including tin, tungsten, tantalum and gold,
and where these minerals originate from the Democratic
Republic of the Congo (DRC) or adjoining country where
evidence of human rights abuses have occurred. 3

An act to require some entities to report on the risks ofmodern slavery in their operations and supply chains andactions to address those risks.4

1)

Source:Click here

2)

Source:Click here

3)

Source:Click here

4)

Source:Click here

4.3 | Impact Report 2023

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People | Supplier code of conduct

Foxconn is a founding member of the Responsible Business Alliance(RBA). Since our merger in 2018, we revised our supplier code of
conduct to align with the RBA’s standards.
We track all suppliers’ third-party social accountability audits to makesure they are current.
Internal audits alone are not acceptable. You can find the RBA code of
conduct here and the most recent ESG report here.

What is the Responsible Business Alliance?
The RBA is a nonprofit organization representing electronics,
retail, auto and toy companies committed to supporting therights and well-being of workers and communities worldwide
that are affected by the global supply chain.

4.3 | Impact Report 2023

We continue to monitor our suppliers and flag any issues to
the Supplier Quality Assurance (SQA) team quarterly.
When we want to engage with a new supplier, we evaluate
them not only on their capacity and capabilities, but also on
their ethical standards.

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Governance5Governance

Ensuring the effectivenessof sustainability strategies.
Belkin’s multi-layered approach to governance and strategy.
Governance / organizational structure:
When it comes to governance, Belkin has several layersof oversight to ensure the effectiveness of Belkin’s overallsustainability and ESG strategy. In terms of organizational
structure, Belkin established a global sustainability committee
in 2021 that is comprised of cross-functional leadership
including engineering, product management, supply chain,
operations, communications, sales and the sustainability
department. The committee also has executive sponsorshipfrom the CEO. Belkin has also established regionalsustainability committees that enable a two-way transfer ofknowledge and business objectives in alignment with thesustainability strategy.
Belkin’s parent company Foxconn Interconnect Technologies(FIT) also has a Sustainability and Environmental Responsibility(SER) Committee. The FIT Board has oversight of the SER
Committee. Belkin’s sustainability strategy is executed with
the SER Committee and overall FIT ESG strategy.
The Belkin sustainability committee is a collaborative effort
actively involved in the overall sustainability strategy. This
includes prioritizing projects and actively supporting, leading
and implementing activities supporting the strategy.
The committee is also responsible for assessing risks andopportunities, which involves understanding the potential
ESG impacts of a decision on the business and ensuring
these factors are considered in strategic decision making.
This includes an assessment of both physical risks, suchas extreme weather events, and transitional risk, such as
regulatory changes and market shifts, and those impacts

5.0 | Impact Report 2023

to Belkin’s ESG strategy. The committee also engages withstakeholders on climate related issues. Among initiatives is a
two-way stakeholder engagement to ensure transparent andeffective disclosure about Belkin’s sustainability performance.
Strategy:
Belkin has over 15 years of experience in greenhouse gas
reductions and continues to develop and refine its strategy ina transparent way that can also help customers and end users
reduce their environmental impact. The sustainability strategy
is based on a materiality assessment and broken down into
short-, medium- and long-term strategies.
The short-term strategy includes Belkin’s target to be carbon
neutral in scopes 1 & 2 emission by 2025 along with otherdeliverables within that same timeframe. Belkin is taking aproactive approach to address scope 3 emissions and set
goals to provide transparency on the product and packaging
footprint. Incorporating recycled content in Belkin products
spurred a 67% reduction in greenhouse gas emissions for the
housing alone.
In the medium term, Belkin is developing a decarbonization
strategy to address scope 3 emissions.
In the long term, Belkin will continue to integrate its
sustainability strategy as part of its overall business strategy
and work toward product circularity by incorporating
more recycled content. The intent is to achieve a lower GHG
impact at the product level and drive product circularity.

Governance | Risk management

Measuring andmitigating risk.
Assessing, prioritizing and addressing Environmental, Social and Governance (ESG) risks.
Risk management.
Risk management plays a significant role in the development of our sustainability journey/strategy. We have several steps we use
to identify and measure impact of ESG risks in our operation, financial performance and strategy. This process also allows Belkinto determine the relative significance of risks and opportunities.

Context:

Risk assessment•	Understand objectives: Setting ESG targets and objectives.

•	Likelihood and impact analysis: Against Belkin’s objectives.

•	Scope and boundaries: Setting the scope of therisk assessment which parts of the business will
be examined and when they will be examined.

•	Scenario analysis: Assess impact of different scenarios
such as policy changes, technology advancement
and physical climate changes on Belkin’s objectives.

•	Stakeholder engagement: Identify internaland external stakeholders’ concerns andexpectations regarding ESG issues.

•	Vulnerability assessment: Assessing thevulnerability of the company’s assets, operations,and supply chain to identified risks.

Risk identification:

Risk evaluation:•	Physical risks: Identification of risks associated withphysical changes in the climate (extreme weather
events or long-term climate shifts in climate patterns
affecting operations, supply chains and marketplaces.

•	Prioritization: Ranking of risks based on likelihood,
impact and Belkin’s vulnerability to them.

•	Transition risks: Risks associated with the transition to alower-carbon economy (policy, technology, market, etc.)•	Opportunity identification: Identification of new markets
for products and energy efficiency improvements.

5.1 | Impact Report 2023

•	Materiality assessment: Tool used to determine andprioritize ESG issues that are most significant to ourbusiness. We use these assessments to help focus
resources, reporting and strategies on the areas thatmatter most to improve sustainability performanceand address stakeholder concerns effectively. These
assessments are also used to support risk management,
strategic planning and stakeholder communicationin the context of sustainable development.

Governance | Risk management
Risk treatment and opportunity exploration.
Monitoring and review:
Materiality is an assessment method used to identify,
evaluate and prioritize the economic, environmental andsocial impacts of business activities. This assessment
determines which issues are considered material orsignificant to the organization and its stakeholders.
These assessments are crucial for organizations like Belkinto further advance sustainability performance and overallbusiness strategy.
For example, Belkin engages with all stakeholders including
customers, employees, investors and environmentalgroups to identify key concerns such as climate change
mitigation – Belkin stakeholders express a strong interest
in Belkin’s efforts to reduce its carbon footprint and combat
climate change.

5.1 | Impact Report 2023

Supply chain:
Concerns raised about the ethical sourcing of raw materials
and responsible labor practices within the value chain.
E-waste and packaging waste:
With the rapid pace of technological advancement,
stakeholders raised concerns about the proliferation ofelectronic waste and packaging waste. Belkin has developedand implemented e-waste and packaging recycling programs,
continues to explore sustainable product design, andcommunicates efforts to reduce the environmental impact ofelectronic devices.
The materiality assessment helps Belkin prioritize theseissues based on their significance and impact. Subsequently,
Belkin integrates these findings into the overarchingsustainability strategy, aligning business practices withstakeholder expectations and demonstrating a commitment
to addressing the most relevant sustainability challenges.

Governance | Reporting and governanceCorporate and environmental
governance and reporting.
From compliance to collaboration: Upholding ESG standards
and initiating sustainable development.
Our significant achievements include:

Moving forward, we intend to focus on these initiatives:•	Contributing to the 2018–21 FIT Environmental andSocial Governance (ESG) report in accordance with
Hong Kong Exchange (HKEX) requirements•	Conducting internal reporting to comply with ISO 14001
and reporting to show progress against corporate goals•	Remain in full compliance with our reporting
requirements and maintain our collaboration
with FIT Social and Environmental Responsibility(SER) committee to continuously improve ourcompanywide environmental and social policies•	Completing the Foxconn Interconnect
Technology (FIT) ESG report for 2022

•	Launch a page on our website where the public
can access information about our initiatives•	Completing ISO 14064 GHG emission verification for 2022
•	Completing Carbon Trust: Task Force on Climate - Related
Financial Disclosures (TCFD) gap analysis report with FIT

FIT also established a committee responsible for sustainable development called the Social and Environmental Responsibility(SER) committee. This collective is responsible for corporate and environmental governance, operations safety, quality, social
compliance, and just treatment of employees.
The committee is tasked with identifying and addressing ESG-related risks in connection with sustainable development.
This council is also responsible for energy conservation and emission reduction projects for all FIT facilities,
including the installation of solar panels on roofs at our facilities in mainland China and a water purification tower.

Reporting enables us to stay vigilant and keep each otheraccountable. We want to be transparent with what we aredoing. We’re consistently monitoring potential risks andimproving our operations.

Our common interest is transparency. We want to be openwith our partners, customers and the public at large about
what we have done, what progress we are making,and what we intend to accomplish in the future.

We completed FIT’s ESG report for 2022:

That’s why we created a page on our website where
information on our initiatives is accessible to all.

Click here

Access up-to-date information on
our goals and initiatives at Click here

5.2 | Impact Report 2023

Conclusion

6

Conclusion

Sustainability acrossplanet, products and people.
Comparison with previous year’s performance metrics and targets.

PlanetProduct

Carbon neutrality:

Sustainable materials:

Target:Achieve 100% carbon neutrality in operations by 2025.

Target:Transition to forest certified (FSC) paper packaging.

Comparison:
Achieved 63% carbon neutrality through renewable energy
and efficiency measures in 2023.

Impact:The usage of FSC paper has been implemented across all
product categories, supporting responsible forestry.

Summary:
Strides in carbon neutrality signify our dedication tominimizing environmental impact.

Summary:This underscores our commitment to packaging design andsustainable sourcing practices.

Waste reduction:

Circular economy practices:

Target:Reduce single-use plastic packaging by 25% by 2025.

Target:Incorporate the use of recycled material in product design.

Impact:Launched 100% plastic-free packaging in 2023 in NPIs.

Impact:Achieved over 70% post-consumer recycled material inproduct housing.

Summary:
Removing single-use plastic packaging where possible andincorporating recycled plastic when needed.

PeopleSummary:
Incorporating post-consumer plastic has resulted
in a reduction in GHG emissions, demonstrating ourcommitment to sustainable product design and minimizing
scope 3 emissions.

Summary:
Steady progress in diversity efforts demonstrates our commitment to building a workplace that reflects global perspectives.

6.1 | Impact Report 2023

Conclusion

Summary of achievements and opportunities.
Achievements:•

Attained Giga Guru status in collaboration with Walmart’s Project Gigaton.

•

Achieved LEED Silver certification for our El Segundo global headquarters.

•	Planted 5,867 trees in California through our partnership with One Tree Planted.
•

Won the Healthiest Employer Award in Southern California with up to 499 employees.

•

Honored to be named “Best Places to Work” by Los Angeles Business Journal.

Opportunities:•	Addressing supply-chain disruptions due to global events.
•	Enhancing traceability in the supply chain for conflict-free minerals.
•	Continuously improving waste reduction strategies for optimal results.
•	Our ongoing commitment to transparency, innovation and sustainability
drives Belkin’s journey toward a more responsible and impactful future.

6.2 | Impact Report 2023

Appendix

7

Appendix

Certifications
and credits.
1.	Appendix:

2. Table of contents:

A: Cited certifications and credits

A.	Credits(Wind RECs purchased for IY since 2020)

Transaction Confirmation
Date: 03-30-2023
M-RETS Organization: Wabash Valley Power Association

Retiring 1971 active RECs
Account

ID

Project

Fuel TypeVintage

Location

Quantity

Serial Number

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-12-01

IL

153

495-IL-12-2022-8FD57E85-1-153

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-05-01

IL

157

495-IL-05-2022-B956B670-1-157

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-07-01

IL

176

495-IL-07-2022-ABA793ED-1-176

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-11-01

IL

157

495-IL-11-2022-AC848B7F-1-157

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-09-01

IL

173

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-08-01

IL

190

495-IL-08-2022-1D7063FA-1-190

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-01-01

IL

171

495-IL-01-2022-5A76626F-1-171

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-04-01

IL

152

495-IL-04-2022-A7E40A6B-1-152

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-06-01

IL

171

495-IL-06-2022-27792C35-1-171

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-10-01

IL

153

495-IL-10-2022-EAD6C5E7-1-153

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-02-01

IL

151

495-IL-02-2022-68BC3D47-1-151

AgriWind

586628AF-C942

AgriWind Holdings, LLC

Wind

2022-03-01

IL

167

495-IL-03-2022-42EDD74C-1-167

495-IL-09-2022-62973E5C-1-173

Retirement reason:
Beneficial Ownership - For Environmental Benefit

Retirement reason details:
Notes: 2022 Retirement

to this retirement accountRenewable Energy Rider Retirements (on behalf of Belkin Components, Inc.)

M-RETS hereby declares this transaction confirmation shall serve as proof that the above transaction was completed on the date listed.

B. Certifications(ISO 14001 for IY, LEED Silver certification)

7.1 | Impact Report 2023

© 2024 Belkin International, Inc. All rights reserved.
All trade names are trademarks or registered trademarksof respective manufacturers listed.

981650 Impact Report 2023.v8

Belkin International, Inc.
555 S Aviation Blvd, Suite 180
El Segundo, CA 90245-4852 USA
310-751-5569