Keysight Releases 2023 Corporate Social Responsibility Report and Disclosures

Keysight Technologies, Inc. (NYSE: KEYS) released its 2023 Corporate Social Responsibility (CSR) Report, highlighting the company’s recent environmental sustainability, social impact, ethical business and governance, diversity, and equity achievements. The report, with its accompanying 2023 CSR Data Report, encompasses Keysight’s sustainability performance in fiscal year 2023 and includes operations worldwide, unless otherwise noted. Data includes disclosures that have been prepared with reference to the Global Reporting Initiative (GRI) revised universal topic standards and aligned to the Sustainability Accounting Standards Board (SASB) frameworks, as well as additional human capital metrics not included in the mentioned frameworks.

Keysight’s 2023 CSR Report showcases how the company progressed toward long-term goals, exceeded its key impact goals in the social space, and met its ethical business and governance goals. These goals were attained all while continuing to make positive contributions to purposeful technology and transparency with key environmental, social, and governance (ESG) reporting frameworks.

Made progress toward environmental sustainability goals

The company made progress in environmental sustainability related to its commitment to net zero emissions for business operations by the end of fiscal year 2040, aligning with the Paris Agreement's preferred goal of limiting global warming to 1.5°C. Highlights include:

• Approval of the company’s near-term science-based targets (SBTs) by the Science Based Targets initiative covering all three scopes of emissions.
• Completed the company's first quantitative climate-related scenario analysis, covering a range of warming trajectories from 1.5°C to 3.3°C.
• Continued its practice of transparency with the release of the company's first Taskforce on Climate-Related Financial Disclosures (TCFD) Report in 2023.
• Due to a full year of production from the Penang, Malaysia rooftop solar array, the company increased its total global renewable electricity portfolio to approximately 5%.
• Continuing progress toward its energy reduction goal, including the completion of an estimated 10,000 megawatt hours (MWh) of annual energy reduction projects.

Surpassed all social impact goals for fiscal year 2023