Eaton Achieves More Than Half of 2025 GHG-Reduction Target
August 19 2019 - 10:29AM
Dow Jones News
By Dieter Holger
Eaton Corp. PLC (ETN) achieved more than half of its greenhouse
gas reduction target last year.
The power-management company cut its emissions by 14% from 2015
levels as it aims for a 20% reduction by 2025, according to Eaton's
2018 sustainability report published on Monday.
GHG emissions came to around 1,099,000 metric tons last year,
down from 1,165,000 metric tons in 2017. Emissions declined despite
a 1.5% uptick in energy use.
The company attributed the reduction to improved energy
efficiency, more renewable power and microgrid technology. It
pointed to how a manufacturing and office location in Hengelo, in
the Netherlands, cut its emissions by an average of 27% every year
thanks to on-site renewable power and low-voltage electricity
distribution.
Eaton only discloses the carbon footprint of its operations and
purchases, known as Scope 1 and 2, and not emissions from its
products, known as Scope 3.
But the company said it was "increasing its focus" on making
products with a positive environmental impact, including components
for electric cars and more efficient gasoline-powered engines.
"In addition to increasing our focus on positive impact products
that are accounted for in the indirect emissions in our inventory,
we are working hard to decrease the carbon impacts from our own
operations," Eaton said.
Write to Dieter Holger at dieter.holger@dowjones.com;
@dieterholger
(END) Dow Jones Newswires
August 19, 2019 10:14 ET (14:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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