Report highlights achievements of greenhouse
gas emissions goal,
culture evolution and energy transition solutions
ST.
LOUIS, June 13, 2023 /PRNewswire/ -- Global
technology and software company Emerson (NYSE: EMR) released its
2022 ESG Report today, detailing the company's
environmental, social and governance (ESG) achievements, impact and
continued priorities.
"Our organization 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 decarbonization challenges. We remain committed
to prioritizing 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*
To view Emerson's 2022 ESG Report, please visit
Emerson.com/ESG.
About Emerson
Emerson (NYSE: EMR) is a global technology and software company
providing innovative solutions for the world's essential
industries. Through its leading automation portfolio, including its
majority stake in AspenTech, Emerson helps hybrid, process and
discrete manufacturers optimize operations, protect personnel,
reduce emissions and achieve their sustainability goals. For more
information, visit Emerson.com.
*Sustainability Enabling Technologies are defined as Emerson's
technologies which are capable of being utilized for sustainability
enabling activities based on the following criteria: Energy source
decarbonization – 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 &
emissions management – products or solutions that contribute to
improvements and the optimization of energy usage, reduction of
harmful emissions, and the capture, utilization and storage of
carbon emissions; electrification & 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 &
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.
Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical
may be "forward-looking" statements, which involve risks and
uncertainties, and Emerson undertakes no obligation to update any
such statements to reflect later developments. These risks and
uncertainties include the Company's ability to successfully
complete on the terms and conditions contemplated, and the
financial impact of, the proposed National Instruments transaction,
the scope, duration and ultimate impacts of the COVID-19 pandemic
and the Russia-Ukraine conflict, as well as economic and
currency conditions, market demand, including related to the
pandemic and oil and gas price declines and volatility, pricing,
protection of intellectual property, cybersecurity, tariffs,
competitive and technological factors, inflation, among others, as
set forth in the Company's most recent Annual Report on Form 10-K
and subsequent reports filed with the SEC.
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SOURCE Emerson