Eaton

Eaton's Climate Commitments and Emissions Data

Eaton, an electrical machinery and apparatus company headquartered in Ireland, has established a range of ambitious climate commitments. The company aims to achieve carbon neutrality in its own operations by 2030 and has a long-term vision to reach net-zero greenhouse gas emissions across its value chain by 2050.

Emissions Data:

• 2024: Eaton reported total global emissions. Scope 1 emissions were approximately 183,752,000 kg CO2e. Scope 2 emissions, on a market-based basis, were approximately 451,886,000 kg CO2e, and on a location-based basis, approximately 517,725,000 kg CO2e. Scope 3 emissions were approximately 51,626,973,000 kg CO2e.
• 2023: Total global emissions amounted to approximately 122,727,019,000 kg CO2e. This breakdown includes Scope 1 emissions of approximately 193,857,000 kg CO2e, and Scope 2 market-based emissions of approximately 488,850,000 kg CO2e. Scope 3 emissions were approximately 58,449,862,000 kg CO2e, with significant contributions from 'use of sold products' (approximately 51,825,111,000 kg CO2e) and 'downstream transportation and distribution' (approximately 52,884,042,000 kg CO2e).
• 2022: Global emissions totalled approximately 76,900,279,000 kg CO2e. Scope 1 emissions were approximately 215,653,000 kg CO2e, and Scope 2 market-based emissions were approximately 504,642,000 kg CO2e. Scope 3 emissions were approximately 55,912,757,000 kg CO2e.
• 2021: Total global emissions were approximately 147,712,675,000 kg CO2e. This comprised Scope 1 emissions of approximately 239,520,813 kg CO2e, and Scope 2 market-based emissions of approximately 503,942,271 kg CO2e. Scope 3 emissions were approximately 146,979,424,000 kg CO2e.
• 2020: Total global emissions were approximately 141,682,980,000 kg CO2e, including Scope 1 emissions of approximately 233,270,612 kg CO2e and Scope 2 market-based emissions of approximately 496,214,688 kg CO2e. Scope 3 emissions were approximately 140,956,167,000 kg CO2e.
• 2019: Global emissions were approximately 165,700,000,000 kg CO2e, with Scope 1 at approximately 272,224,328 kg CO2e and Scope 2 market-based at approximately 587,449,082 kg CO2e. Scope 3 emissions were approximately 164,838,165,000 kg CO2e.
• 2018: Total global emissions were approximately 79,118,250,000 kg CO2e. Scope 1 emissions were approximately 284,825,000 kg CO2e, and Scope 2 market-based emissions were approximately 700,727,000 kg CO2e. Scope 3 emissions were approximately 78,233,425,000 kg CO2e.
• 2017: Eaton reported combined Scope 1 and 2 emissions of approximately 1,165,000,000 kg CO2e (market-based).
• 2016: Combined Scope 1 and 2 emissions were approximately 1,163,000,000 kg CO2e (location-based).
• 2015: Combined Scope 1 and 2 emissions were approximately 1,273,000,000 kg CO2e (location-based), with Scope 3 emissions at approximately 67,455,149,000 kg CO2e.

Reduction Targets and Commitments:

Eaton has set science-based targets aligned with limiting global warming to 1.5°C. Key targets include:

• A 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 2030, against a 2018 baseline.
• A 15% reduction in absolute Scope 3 GHG emissions by 2030, against a 2018 baseline.
• More recent data indicates a commitment to a 50.4% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2018 base year, and a 58.1% reduction in Scope 3 GHG emissions per USD value added within the same timeframe.
• Long-term targets include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2018 base year, and a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe.
• The company is working towards achieving net-zero GHG emissions across its value chain by 2050.

Eaton's climate initiatives are not cascaded from a parent organisation.