Global
Austria
Bulgaria
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Netherlands
Norway
Poland
Portugal
Romania
Russia
Serbia
Slovakia
Slovenia
Spain
Sweden
Turkiye
United Kingdom
Global
Argentina
Aruba
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Honduras
Mexico
Panama
Peru
Puerto Rico
United States of America
Uruguay
Global
Bahrain
Israel
Jordan
Kuwait
Lebanon
Oman
Pakistan
Palestine
Qatar
Saudi Arabia
South Africa
United Arab Emirates
Global
Australia
Bangladesh
India
Indonesia
Japan
Kazakhstan
Malaysia
New Zealand
Philippines
Singapore
South Korea
Sri Lanka
Taiwan (Chinese Taipei)
Thailand
Vietnam
At ABB, we engage, interact, partner and co-develop solutions with our most relevant stakeholder groups, including collaborative partnerships, customers, employees, governments and civil society, investment community and suppliers. We actively engage with governments and local communities in which our products are manufactured and used with the aim of fostering technology adoption, sound regulatory frameworks, job creation and economic growth.
In 2023, as part of the process of conducting ABB’s double materiality assessment, we made some minor adjustments to how we categorize and define our different stakeholder groups.
We meet frequently with the many organizations with which ABB has current, future and past commercial relationships. They are a key driver of ABB’s business success, and meeting their needs and expectations is essential to our business.
How we engage:
We are committed to maintaining an open dialogue with current, former and future employees of ABB. This group includes formalized and/or elected bodies of employee representatives that deal with management of labor practices, among other topics. Employees bring valuable skills, drive productivity, foster innovation and contribute to ABB’s culture and values. They are vital for achieving our goals and staying competitive.
How we engage:
We engage with governmental, regulatory, political and economic stakeholders, local communities, the media, representatives from social and environmental organizations, non-governmental organizations (NGOs), not-for-profit organizations (NPOs) and charitable organizations, at global, national and local levels. These key stakeholders provide the political and regulatory support, social stability and public trust necessary for ABB to operate its business and achieve sustainable growth.
How we engage:
The investment community enables ABB’s access to financial capital and includes such market participants as shareholders, debtholders, financial analysts, rating agencies and proxy advisors. We engage with these stakeholders on both financial and non-financial topics, including sustainability, governance and compensation.
How we engage:
We rely on trusting and stable relationships with the entities that provide products and services to ABB, including equipment and human resources. They serve a critical role in the supply chain and can have significant impacts on our operations and success.
How we engage:
During 2023, we interacted regularly with our stakeholders and held sustainability-specific meetings with our investors, customers and suppliers. In addition to the regular day-to-day discourses we hold with our stakeholders, we also engaged with them for specific strategic and reporting purposes. We are particularly interested in gaining insights into how they perceive value and what matters to them most in terms of economic, environmental and social issues. The knowledge and understanding we acquire from these interactions inform our strategic decision-making and the way we manage risks and opportunities. They shape the actions we take and help us to communicate these actions in ways that maximize our transparency and accountability. By continuously engaging with our various stakeholders, we ensure that we are well positioned to identify and anticipate emerging trends, shifting customer needs and changing market expectations.