ABB Ltd

Electrical Components & Equipment
ABB
$ 26 (1.4)%
Share price
$ 49 bn
Market Cap
$ 55 bn
Enterprise Value

Carbon footprint

7.4 Ton
GHG emissions per $ 1 mln investment
0.19x the weighted average for S&P 500
FY2021
How is this calculated?
-28%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

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
ABB Ltd's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-11%
Proj. YOY change in GHG emissions (Scope 3)
Stronger than the -6.2% weighted average for S&P 500
FY2022
How is this calculated?

ABB Ltd aims to reduce Scope 3 by 15% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
ABB Ltd's actual and proj. GHG emissions (Scope 3) (Kt of CO2e)

GHG emissions and Carbon intensity

ABB Ltd's GHG emissions (market-based) (Kt of CO2e)
ABB Ltd's Carbon intensity (Tons per 1 USDm)

ABB Ltd's carbon footprint

ABB Ltd reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 405 Kt (-156 /-27.8% y-o-y). Also positively, carbon intensity declined to 14 t (-7.5 /-34.9% y-o-y).

ABB Ltd's Scope 3 emissions increased marginally to 125,117 Kt (+364/+0.3% y-o-y). The growth has slowed compared to the trend since 4Q'18 (CAGR +449%).

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 -23 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 15% by 2030 from a base year 2019, which translates into the estimated reduction of -13,340 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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