ABB Ltd

Electrical Components & Equipment
ABB
$ 37 (1.1)%
Share price
$ 69 bn
Market Cap
$ 282 bn
Enterprise Value

Carbon footprint

0.79 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2022
How is this calculated?
-45%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-1.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8.2% weighted average for S&P 500
FY2023
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)

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 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.

Company environmental metrics

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