Eaton Ahead or on Pace to Meet Many of Its Ambitious 2030 Sustainability Goals
30 Giugno 2022 - 12:45PM
Business Wire
- Company reduces GHG emissions 16% since 2018, equivalent to
the emissions more than 30,000 cars generate in a year
- Sustainable solutions represented nearly two thirds of 2021
net sales
- Invested $528 million in research and development for
sustainable solutions since 2020
- More than halfway to water and waste reduction targets four
years ahead of schedule
As part of its ongoing focus on transparency, intelligent power
management company Eaton (NYSE:ETN) today released two reports
featuring the company’s progress in meeting its 2030 sustainability
goals.
Eaton’s 2021 Sustainability Report highlights efforts toward
achieving the company’s science-based greenhouse gas reduction
(GHG) targets, its commitment to become carbon neutral by 2030 and
other sustainability initiatives. Eaton’s 2022 Task Force on
Climate-related Financial Disclosures (TCFD) Report details Eaton’s
forward-thinking approach to climate-related risks and
opportunities.
The reports show Eaton is ahead or on pace to meet many of its
targets, including:
- GHG reduction: Reduced GHG emissions 16% since 2018,
keeping company on track to meet approved science-based target and
in line with limiting global warming to 1.5°C.
- Sustainable solutions: Solutions that enable
electrification, energy transition, electric grid resilience,
increase efficiency in ground and air transportation and improve
air quality represented 65% of the company’s net sales in
2021.
- Sustainable investments: Invested $528 million in
research and development for sustainable solutions since 2020.
- Zero water discharge: Certified more than half of
manufacturing sites included in 2030 goal in first full year of new
zero water discharge initiative. Focused on sites in water stressed
areas.
- Zero waste to landfill: Certified 65% of manufacturing
sites as zero waste to landfill, with a goal to certify 100% by
2030.
- Employee development: Met 2021 company employee training
hours goal.
Full results can be seen on the company’s 2021 Sustainability
Dashboard.
“In these external reports, we’re pleased to report our progress
toward our 2030 sustainability goals,” said Craig Arnold, chairman
and chief executive officer, Eaton. “They demonstrate our
commitment to delivering sustainable solutions to the world and the
significant progress we have made over the last few years.”
“These reports highlight how we’re helping decarbonize
electricity and optimize energy usage for our customers around the
world, and at home in our own operations,” said Harold Jones, chief
sustainability officer and executive vice president, Eaton Business
System, Eaton. “This critical work is all in service of our mission
and core to the fabric of our organization.”
Eaton is an intelligent power management company dedicated to
improving the quality of life and protecting the environment for
people everywhere. We are guided by our commitment to do business
right, to operate sustainably and to help our customers manage
power ─ today and well into the future. By capitalizing on the
global growth trends of electrification and digitalization, we’re
accelerating the planet’s transition to renewable energy, helping
to solve the world’s most urgent power management challenges, and
doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton has been listed on the NYSE for nearly a
century. We reported revenues of $19.6 billion in 2021 and serve
customers in more than 170 countries. For more information, visit
www.eaton.com. Follow us on Twitter and LinkedIn.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220630005244/en/
Margaret Hagan, +1 (440) 523-4343 MargaretHagan@Eaton.com
Grafico Azioni Eaton (NYSE:ETN)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Eaton (NYSE:ETN)
Storico
Da Lug 2023 a Lug 2024