We target improved financial performance. Our financials show increasing margins, a rising ROCE, strong cash flow and a strong balance sheet. We actively contribute to a more sustainable world.

Financial targets

Our financial targets reflect a step-up in operating performance supported by our new ways of working, triggering increased accountability, transparency speed in operating decisions

Financial performance

Our strong financial performance in 2022 showed that our “ABB Way” operating model, introduced in 2020, is the right one for our company.

Sustainability targets and performance

With our 2030 sustainability strategy, we are actively enabling a low-carbon society as well as working with our customers and suppliers to implement sustainable practices across our value chain and the lifecycle of our products and solutions. We are equally committed to driving social progress, along with our suppliers and in our communities.

Full sustainability report 2022

Our 2030 GHG emissions reduction target was validated by the Science Based Targets initiative (SBTi) as being in line with the 1.5°C goal of the Paris Agreement. We also joined the SBTi’s Business Ambition for 1.5°C, an urgent call to action from a global coalition of United Nations agencies and business and industry leaders, in partnership with the “Race to Zero” campaign. Our participation in this initiative reinforces our longstanding support for the 10 core principles of the Global Compact, which covers human rights, labor, environment, anti-corruption and other societal goals.

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04. Improving performance

Financial targets

Financial performance

Sustainability targets and performance