Eaton on Track to Meet 2030 Sustainability Goals, Reduce Greenhouse Gases
June 30 2022 - 7:35AM
Dow Jones News
By Chris Wack
Eaton Corp. said Thursday that it is on track to meet its 2030
sustainability goals.
The company said it is ahead or on pace to meet many of its
targets, including greenhouse gas reduction.
The company said it has reduced GHG emissions 16% since 2018,
keeping it on track to meet approved science-based targets and in
line with limiting global warming to 1.5 degrees Celsius.
Eaton said sustainable 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. The company said it has
invested $528 million in research and development for sustainable
solutions since 2020.
The company has also certified that 65% of manufacturing sites
have zero waste to landfill, with a goal to certify 100% by
2030.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
June 30, 2022 07:20 ET (11:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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