ABB Ltd

Electrical Components & Equipment

ABB

$ 37 (1.1)%

Share price

$ 69 bn

Market Cap

$ 282 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.02x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -9.3% weighted average for S&P 500

FY2023

ABB Ltd aims to reduce Scope 1 + 2 by 80% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

ABB Ltd reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 223 Kt (-182 /-44.9% y-o-y). Also positively, carbon intensity was down at 7.6 t (-6.4 /-45.7% y-o-y).

ABB Ltd's Scope 3 emissions grew to 126,627 Kt (+1,882/+1.5% y-o-y). The growth rate declined vs. the previous periods (CAGR +291% since 4Q'18).

The company is committed to reducing Scope 1 + 2 by 80% by 2030 from a base year 2019, which translates into the estimated reduction of -2.9 Kt per annum over the period of FY2023 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	223	156	68	126,627	29,446	7.6
2021Q4	405	190	214	124,745	28,945	14
2020Q4	561	226	336	6,126	26,134	22
2019Q4	998	396	602	5,952	27,978	36
2018Q4	1,002	375	627	138	27,662	36
2017Q4	1,026	392	634	150	25,196	41
2016Q4	1,378	733	645	164	33,828	41
2015Q4	1,480	767	713	158	35,481	42
2014Q4	1,618	902	717	171	39,830	41

ABB Ltd

Carbon footprint

Primary Climate Goal

ABB Ltd aims to reduce Scope 1 + 2 by 80% by 2030 from a base year 2019

GHG emissions and Carbon intensity

ABB Ltd's carbon footprint

Company environmental metrics