The report highlights company's progress
toward net-zero operations, continued investment in employees
and communities
ST.
LOUIS, June 12, 2024 /PRNewswire/ -- Global
technology and software company Emerson (NYSE: EMR) released its
2023 Sustainability Report today, highlighting the company's
efforts to make the world healthier, safer, smarter and more
sustainable.
"Sustainability is at the core of Emerson's mission and culture,
guiding our innovation, operational execution and business
strategies," said Emerson Chief Sustainability Officer Mike Train. "As a global automation leader, our
innovative solutions are designed to enhance sustainability
performance, not only within our operations but also for our
customers globally. As we move forward, we remain committed to
deploying impactful technologies that advance both our net zero
ambitions and those of our customers, fostering a more sustainable
future for all."
The report presents Emerson's commitment and approach to the
company's environmental, social and governance (ESG) strategies and
how they are connected to driving long-term value creation. Notable
progress highlights include:
- Reduced Scope 1 and 2 greenhouse gas emissions intensity by 52%
since 2021 and procured 49% of the electricity used by Emerson
locations from renewable sources.
- Surpassed the energy intensity reduction target ahead of 2030,
with a 41% reduction since 2018, exceeding the 25% reduction
target.
- Earned the 2023 ENERGY STAR® Partner of the Year for energy
management as the company drives measurable progress toward its net
zero emissions targets.
- Maintained an A- score from the Carbon Disclosure Project (CDP)
and was included in the CDP's Supplier Engagement Leaderboard for
the second consecutive year.
- Increased representation in leadership for women globally and
US minorities by two and four percentage points, respectively.
- Named a 2023 "World's Top Employers for Women"
by Forbes.
To view the full 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.
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 scope, duration and ultimate impacts of
the Russia-Ukraine and other global conflicts, as well as
economic and currency conditions, market demand, 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. The outlook contained
herein represents the Company's expectation for its consolidated
results, other than as noted herein.
Emerson uses our Investor Relations website,
www.Emerson.com/investors, as a means of disclosing information
which may be of interest or material to our investors and for
complying with disclosure obligations under Regulation FD.
Accordingly, investors should monitor our Investor Relations
website, in addition to following our press releases, SEC filings,
public conference calls, webcasts and social media. The information
contained on, or that may be accessed through, our website is not
incorporated by reference into, and is not a part of, this
document.
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SOURCE Emerson