ABB Ltd., commonly referred to as ABB, is a global leader in electrification and automation technologies, headquartered in Switzerland (CH). Founded in 1988 through the merger of ASEA and BBC, ABB has established a strong presence in Europe, North America, and Asia, serving diverse industries such as utilities, transportation, and manufacturing. The company is renowned for its innovative solutions in robotics, power grids, and industrial automation, which enhance efficiency and sustainability. ABB's commitment to research and development has led to significant advancements, including the development of smart grid technologies and cutting-edge robotics. With a robust market position, ABB has received numerous accolades for its contributions to energy efficiency and digital transformation, solidifying its reputation as a pioneer in the industry.
How does Abb's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Abb's score of 49 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ABB reported total greenhouse gas emissions of approximately 151,000,000 kg CO2e, with emissions distributed across various scopes: 151,000,000 kg CO2e for Scope 1, 23,000,000 kg CO2e for Scope 2, and a significant 513,011,000,000 kg CO2e for Scope 3. This reflects ABB's extensive operational footprint, particularly in Scope 3, which encompasses emissions from the entire value chain. ABB has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 80% by 2030, using 2019 as the baseline year. Additionally, ABB aims to cut absolute Scope 3 emissions by 25% by 2030, with a 2022 baseline. Long-term goals include achieving a 100% reduction in Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2050. These commitments align with industry standards and reflect ABB's proactive approach to addressing climate change, demonstrating a clear pathway towards significant emissions reductions in the coming decades.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 117,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 342,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 160,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Abb is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.