Greenhouse gas emissions goal, culture evolution and energy transition solutions report.

Emerson has released its 2022 ESG Report today, detailing the company’s environmental, social and governance (ESG) achievements, impact and continued priorities.

“Our organisation has made tremendous progress over the last year, strengthening Emerson’s position as a global automation leader, accelerating our culture evolution and driving innovation,” said Mike Train, Emerson’s chief sustainability officer. “This report shares our achievements and details the pivotal role Emerson plays in the energy transition by helping customers across a variety of industries solve sustainability and decarbonisation challenges. We remain committed to prioritising actions that reduce emissions across our global operations, strengthen the communities we serve, and accelerate value creation for all stakeholders.”

The report highlights notable sustainability goals and performance, including:

• 42% reduction in greenhouse gas emissions intensity from the 2018 baseline, surpassing its original 20% target six years ahead of schedule
• A- score from CDP
• Score of 100% on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index
• 2022 ‘Best Employer for Diversity’ by Forbes
• Approximately 70% of revenue tied to sustainability-enabling technologies*.

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*Sustainability-enabling technologies are defined as Emerson’s technologies which are capable of being utilised for sustainability-enabling activities based on the following criteria: Energy source decarbonisation – products or solutions that assist in the production of renewable and clean power (such as wind, solar, hydro, geothermal or nuclear power) as well as products or solutions that assist in the production of clean and low-carbon fuels (such as biofuels, biomass or hydrogen); energy and emissions management – products or solutions that contribute to improvements and the optimisation of energy usage, reduction of harmful emissions, and the capture, utilisation and storage of carbon emissions; electrification and grid systems – products or solutions that support energy storage, electricity transmission and distribution, workforce safety and productivity, and the value chain of critical minerals and batteries; and circularity and waste management – products or solutions that support the production of bio-based and lower carbon materials, resource efficiency and waste management, improved circularity and recycling efforts, as well as water management activities. Neutral technologies such as services, enclosures, mechanical devices and buyouts are excluded from sustainability-enabling technologies as they do not have a direct impact enabling any of the criteria discussed. Emerson’s definition of sustainability-enabling technologies is not intended to and does not align to any governmental or other third-party taxonomy or framework.

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