DUBLIN – Intelligent power management company Eaton announced in its 2024 Sustainability Report that the company is progressing toward its sustainability targets. Furthering its goals beyond 2030, the report also details Eaton’s new commitment to becoming net zero by 2050—a target validated by the Science Based Targets initiative (SBTi).
Highlights from Eaton’s sustainability report include:
- Reducing greenhouse gas (GHG) emissions by 35%, up from 31% in 2023, in its operations since 2018 through energy efficiency projects, energy conservation, and shifts to renewable energy. Eaton’s goal is to reduce 50% of GHGs from its operations by 2030 and become net zero by 2050.
- Certified 83% of manufacturing sites as zero waste to landfill, up from 79% in 2023—advancing toward the goal of 100% certification by 2030.
- Certified 21% of manufacturing sites as zero water discharge, up from 16% in 2023, surpassing its goal to certify 10% of its sites in water-stressed areas by 2030.
- Invested $1.7 billion in research and development for solutions aligned with the company’s Positive Impact Framework since 2020, up from $1.3 billion in 2023, and progressing toward its goal to invest $3B by 2030.
“We’re proud to demonstrate meaningful progress on our sustainability journey,” said Harold Jones, chief sustainability officer and executive vice president, Eaton Business System, Eaton. “Powered by the dedication of our global teams and our ongoing commitment to support customers, partners and the communities in which we live and work, we’re turning our vision for a more sustainable future into reality.”
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