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Climate action

Goals that matter

We have aligned our goals to the scientific limits that define a safe space for humanity and a just future for our people and nature. Limiting global temperatures to a level where humanity can flourish requires halving global carbon emissions by 2030 and net zero by 2050.

We are committed to improving quality of life and the environment while continuing to grow and create meaningful opportunities for our employees, customers, and society. While we’ve made strong progress toward our 2030 Sustainability Goals, we recognize the need to evolve our commitments in step with the latest scientific guidance. That’s why we are updating our carbon neutrality goal. Instead of only aiming for carbon neutrality by 2030, we are now committing to achieving net zero by 2050—a target validated by the Science Based Targets initiative (SBTi).

To stay on track, we will continue to pursue ambitious interim goals:

  • Reduce Scope 1 and 2 emissions by 50% by 2030
  • Reduce Scope 3 emissions by 58% intensity per value added by 2030 (measured as total Scope 3 emissions divided by gross profit)

These targets reflect our commitment to sustainable growth and our responsibility to lead with science-based action.

NET ZERO
Goal to achieve Net Zero emissions in our operations by 2050
50
%
Goal to reduce emissions from our operations by 2030 compared to 2018 baseline
15
%
Goal to reduce emissions from our value chain by 2030 compared to 2018 baseline

How we'll achieve our targets

  • Implement energy-efficient solutions in our operations, optimizing renewable energy generation and purchases, greening our energy contracts and purchasing carbon offsets where necessary.
  • Establish a chartered executive sustainability council chaired by our CEO to provide oversight and enhance accountability and alignment on our sustainability strategy.
  • Invest more than $3 billion in research and development over the next 10 years targeted at creating sustainable solutions for our customers that reduce our value chain emissions.
  • Continue to reduce our operational footprint by accelerating our zero waste-to-landfill initiative and replicating our successful waste reduction approach for our new water target.

2024 GREENHOUSE GAS EMISSIONS

Scope 1 emissions                       

183,752 metric tons CO2e from natural gas, other stationary and mobile fuels, fleet, refrigerants, and wastewater treatment

Scope 2 market-based

451,886 metric tons CO2e from purchased electricity using the market-based approach

Scope 3

51,617848 metric tons of CO2e  from our value chain and product use emissions

Watch the video

Harold Jones, executive vice president, Eaton Business System and Sustainability, describes how we're working toward a healthier planet with our customers.

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