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To enable a low-carbon society, we are taking action across our value chain. With our technologies, we empower customers to avoid emissions and ramp up renewables. To cut our own greenhouse gas emissions, we follow targets that are aligned with the Net-Zero Standard of the Science Based Targets initiative (SBTi). To go further, we work with our suppliers and partners.
In line with the SBTi Net-Zero Standard, our scope 1, 2 and 3 targets for 2030 and 2050 were approved by the SBTi in June 2024. This aligns with our status as a signatory to the SBTi’s Business Ambition for 1.5°C.
80% reduction of scope 1 and 2 GHG emissions by 2030 (compared to 2019)
100% reduction of scope 1 and 2 GHG emissions by 2050
25% reduction of scope 3 GHG emissions by 2030 (compared to 2022)
90% reduction of scope 3 GHG emissions by 2050 (compared to 2022)
In 2023, we established a new SBTi net-zero-aligned target to reduce our scope 1, 2 and 3 GHG emissions. In this context, we enhanced the quality of our scope 3 reporting.
We are working with suppliers to reduce emissions, for example, by sourcing low-carbon copper. Additionally, we are providing suppliers with information on actions they can take to reduce their emissions, based on our own experiences across ABB.
To enable us to deliver an 80% reduction in operational GHG emissions by 2030, we have also committed to achieving three initiatives of the Climate Group of global companies by 2030:
76% reduction in scope 1 and 2 GHG emissions in 2023 versus our 2019 baseline
To calculate avoided emissions at our customer sites, we follow the latest guidelines of the World Business Council for Sustainable Development (WBCSD). Our technologies enable emissions avoidance in industry, transport, buildings, data centers and more.
Enable customers to avoid 600 Mt of GHG emissions throughout the lifetime of ABB products sold from 2022-2030
74 Mt avoided GHG emissions in 2023 across industry, transport, buildings, data centers and more