Eaton discloses substantial progress in sustainability and is on track to achieve its 2030 goals ahead of schedule

Create Date: 2024-8-30 12:03:23|Source: Eaton/Eaton

Since 2018, the company has reduced its greenhouse gas emissions by 27%, equivalent to the annual emissions of nearly 60,000 combustion engine vehicles.

• In 2022, 71% of the company's full-year net sales came from sustainability solutions.

• Since 2020, the company has invested $900 million in research and development of sustainable solutions.

• Achieved 75% zero waste to landfill goal and accelerated progress towards zero wastewater discharge goal.

SHANGHAI, China – Eaton (NYSE: ETN), an intelligent power management company, today released its 2022 Global Sustainability Report, revealing significant progress toward the company's 2030 sustainability goals.

The report demonstrates unprecedented transparency and rigor, including in its Task Force on Climate-related Financial Disclosures (TCFD) section, which details the company's forward-looking approach to addressing climate-related risks and opportunities.

According to the report, Eaton is on track to meet and even ahead of several sustainability goals, including:

Carbon emissions

Since 2018, the company has been operating through the optimization of energy efficiency, energy conservation and the use of renewable energy

of greenhouse gas emissions have been reduced by 27%.

Sustainable solutions

In 2022, sustainable solutions contributed 71% of net sales, with a focus on advancing electrical

energy transition, grid resilience, and improving the efficiency of land and air transport and improving air quality

compared to 65% in 2021.

R&D investment for sustainable development

Since 2020, the company has invested $900 million in research and development of sustainable solutions.

This is up from $528 million in 2021.

Zero wastewater discharge

Eight percent of Eaton's facilities were awarded Zero Wastewater Discharge certification

(10% target for 2030), focusing on water resources

Factories in areas of source tension.

Zero waste to landfill

75% of Eaton's facilities are certified to Zero Waste to Landfill (100% by 2030)
Eaton discloses substantial progress in sustainability and is on track to achieve its 2030 goals ahead of schedule

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