| |

ABB Receives CDP’s ‘A’ Score for Transparency on Climate Change

May 1, 2025

ABB Receives CDP’s ‘A’ Score for Transparency on Climate Change

ABB Receives CDP’s ‘A’ Score for Transparency on Climate Change

  • Inclusion in 2024 Climate A-list follows last year’s recognition by global environmental non-profit Carbon Disclosure Project (CDP)
  • ABB also achieved for the first time a CDP Water score of A- thanks to improved governance of water risk and value chain engagement
  • CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy

ABB has been recognized for leadership in corporate transparency and performance on climate change by the global environmental non-profit organization Carbon Disclosure Project (CDP) for the second consecutive year, securing a place on its annual ‘A List’. ABB is one of a small number of companies that achieved an ‘A’ – out of over 22,000 companies scored. ABB also improved its CDP Water score to A-. Over 700 financial institutions with over US$142 trillion in assets requested companies disclose through CDP on climate change, forests and water security.

Anke Hampel, Group Head of Sustainability at ABB, said: “Inclusion in CDP’s A List for the second year is an important recognition of our strategic approach to sustainability. ABB has set ambitious net zero targets which were validated by the Science Based Targets initiative (SBTi) in June 2024. These include short-term targets for 2030 as well as long-term targets for 2050 and cover ABB’s own as well as its value chain emissions. Our A- Water score is testament to our strengthened governance and supplier engagement on the topic of water risk.”

A detailed and independent methodology is used by CDP to assess companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that do not disclose or provide insufficient information are scored an F.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

Source

Related Story

ABB Ranked Second Top Swiss Company for Patent Applications in 2024

With 540 patent applications, ABB has secured second place among Swiss companies in the European Patent Office’s (EPO) Patent Index 2024, jumping from fourth place in 2023. The annual list of patent applications is published by the EPO in Munich, Germany, and highlights the companies and countries with the highest number of patents across the globe. ABB was the only company in the top 5 in Switzerland to record a year-on-year increase (+10.7%), moving up nine places from 45th to 36th place in the EPO’s global top 50 ranking.

Related Articles


Latest Articles


Featured Article

Revolutionizing Material Movement with Autonomous Mobile Robots

Revolutionizing Material Movement with Autonomous Mobile Robots

In today’s fast-paced manufacturing and logistics industries, the need for efficient and flexible material movement solutions has never been greater. Traditional methods like conveyor systems, forklifts, and manual pushcarts have served us well, but they come with limitations.

That’s why Omron is thrilled to announce the launch of their game-changing MD Series of Autonomous Mobile Robots (AMRs). Read more


Products

  • Safety Locking Device PSENmlock from Pilz

    April 29, 2025 Safe interlocking and safe guard locking in one product! The safety locking device PSENmlock offers safe interlocking and safe guard locking for personnel and process protection, up to the highest category PL e. Safe guard locking is enabled by the dual-channel control on the guard locking device. As such, the switch is particularly suitable… Read More…

  • Rockwell Automation Unveils Powerful New Service to Detect and Respond to OT Cyber Threats

    April 28, 2025 New offering delivers 24/7 real-time threat detection and response to combat rising cybersecurity risks in operational technology environments. Rockwell Automation, Inc., one of the world’s largest companies dedicated to industrial automation and digital transformation, announced on April 28th its Security Monitoring and Response service, which is purpose-built to deliver continuous, real-time monitoring of… Read More…