Eaton Corp
Carbon footprint
Primary Climate Goal
Eaton Corp aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2018
Secondary Climate Goal
Eaton Corp aims to achieve net zero for all Scopes by 2030
GHG emissions and Carbon intensity
Eaton Corp reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 781 Kt (-119 /-13.2% y-o-y). Also positively, carbon intensity tumbled to 40 t (-11 /-21% y-o-y).
Eaton Corp's Scope 3 emissions was up at 101,751 Kt (
The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2018, which translates into the estimated reduction of -35 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.
Also, the company commits to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -11,393 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 2018, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.