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We’re stepping up our commitment to improve the quality of life and the environment. Our 2030 targets include reducing the carbon emissions from our operations by half, lowering product and supply chain emissions, certifying all manufacturing sites as zero waste to landfill, and achieving carbon-neutral operations. We have also set targets to further enhance employee safety, development and engagement, and to provide more transparency into the progress the company is making toward achieving its ESG goals.
The world is experiencing some of the most important secular growth trends that we will experience in our lifetime: The explosive rise of digitalization and the energy transition from fossil fuels to renewables – changes being driven by unprecedented growth in electrification and climate change.
Eaton's vision is to improve the quality of life and the environment through the use of power management technologies and services. As a participant in the UN Global Compact, we’ve made a commitment with other companies around the world to continue to adopt sustainable and socially responsible practices. We have a vital purpose in our world because we create the products and services that help our customers – and their customers – to manage and use power.
Stakeholders are calling for nations and businesses to work together to address global climate change. Human-induced climate change has wrought observable impacts on people, infrastructure and ecosystems, including increases in global temperatures, more frequent heatwaves, extreme precipitation in some regions and droughts in others. We understand the urgency of the climate emergency and have developed science-based greenhouse gas reduction targets consistent with limiting global warming to 1.5 degrees Celsius.
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Our work aligns closely with the United Nations Sustainable Development Goals, which were created to achieve a better and more sustainable future for all. Our strategy and 2030 sustainability targets help advance these UN SDGs:
For example, as demand on the power grid increases, we’re helping municipalities and utilities optimise power efficiency and distribution, including clean energy from solar and wind. With a projected global population increase of about 82 million people per year, food production – from field to table – will need to be more efficient, minimising waste while improving food safety. And working with many of the world’s largest manufacturers, we help make air and land transport operate more efficiently and safely, while consuming fewer resources.
