ABB Ltd 2024 SR
The report outlines ABB's sustainability performance for 2024, highlighting its transition to reporting under the European Sustainability Reporting Standards (ESRS). Key achievements include a 78 percent reduction in Scope 1 and 2 greenhouse gas emissions compared to the 2019 baseline, driven by renewable energy adoption and fleet electrification. The company received validation from the Science Based Targets initiative (SBTi) for its net-zero targets by 2050. ABB also conducted its first double materiality assessment and reported on EU Taxonomy alignment, though alignment was impacted by new pollution-related criteria. Social progress was marked by an increase in women in senior management to 21.3 percent and a top-tier employee engagement score of 78.
Company: ABB Ltd
Sector: Industrials
Country: Switzerland
Year: 2024
Type: SR
Pages: 132
ABB Ltd
Sustainability Statement
The report outlines ABB's sustainability performance for 2024, highlighting its transition to reporting under the European Sustainability Reporting Standards (ESRS). Key achievements include a 78 percent reduction in Scope 1 and 2 greenhouse gas emissions compared to the 2019 baseline, driven by renewable energy adoption and fleet electrification. The company received validation from the Science Based Targets initiative (SBTi) for its net-zero targets by 2050. ABB also conducted its first double materiality assessment and reported on EU Taxonomy alignment, though alignment was impacted by new pollution-related criteria. Social progress was marked by an increase in women in senior management to 21.3 percent and a top-tier employee engagement score of 78.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees