Eaton

Eaton's reported carbon emissions

Eaton's carbon emissions commitment focuses on significant reductions across Scopes 1, 2, and 3. For 2024, the company reported total emissions of approximately 52.2 billion kg CO2e. This figure includes Scope 1 emissions of about 183.8 million kg CO2e, Scope 2 emissions (market-based) of approximately 451.9 million kg CO2e, and Scope 3 emissions totalling around 51.6 billion kg CO2e. In 2023, Eaton's total emissions were approximately 59.1 billion kg CO2e, with Scope 1 emissions at around 193.9 million kg CO2e, Scope 2 emissions (market-based) at approximately 488.9 million kg CO2e, and Scope 3 emissions at about 58.4 billion kg CO2e. Significant Scope 3 categories for 2023 included the use of sold products (over 51.8 billion kg CO2e) and downstream transportation and distribution (over 52.8 billion kg CO2e). Eaton has set ambitious climate targets. The company is committed to a 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2018 as a baseline. Furthermore, Eaton aims for a 15% reduction in absolute Scope 3 emissions by 2030, also from a 2018 baseline. These targets align with a 1.5°C climate scenario. Eaton is also working towards making its operations carbon neutral by 2030 and achieving net-zero emissions across its value chain by 2050.