"Emerson Electric Co. has set a target to achieve net zero greenhouse gas emissions across Scopes 1, 2, and 3 by 2045, using 2021 as the baseline. Net Zero Tracker The company also has an interim target to reduce emissions by 25% relative to 2021 emissions by 2030. Net Zero Tracker An interesting fact about their environmental policy is that they conducted a thorough review of all historical energy consumption data, leading to revisions to their energy consumption and emission data for fiscal years 2018-2020. Net Zero Tracker In addition, you can check out the net-zero commitments and data for …"
Carbon emissions are estimated according to comparable years, intensity and sector
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG
emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1
million USD revenue).
Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary
business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer
Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and
Emerson Electric belongs to the sector Industrials.
Emerson Electric is a member of the Business Ambition for 1.5 campaign (link here )
Overall Net-Zero Target Emerson commits to reach net-zero greenhouse gas emissions across the value chain by FY2045.
Near-Term Targets Emerson commits to reduce absolute scope 1 and scope 2 GHG emissions 90% by FY2030 from a FY2021 base year.* Emerson also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.
Long-Term Targets Emerson commits to maintain at least 90% absolute scope 1 and 2 GHG emission reductions from FY2030 through FY2045, relative to a FY2021 base year.* Emerson also commits to reduce absolute scope 3 GHG emissions 90% by FY2045 from a FY2021 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.
Separate targets for emission reductions and removals
Conditions on use of offset credits
Plans for carbon dioxide removal (CDR)
Yes (CCS-based removals e.g. BECCS, DACCS)
Additional notes: CCS-based: 'QatarEnergy has recently announced its new sustainability strategy, aiming to reduce the emissions intensity of its liquefied natural gas (LNG) facilities by 25%. They will be developing carbon capture and utilization processes leveraging its automation partnership with Emerson.' (p31)
June 3, 2022 - Carbon Management Canada (CMC) welcomes Emerson to its collaborative carbon capture, utilization and storage (CCUS) program. The joint industry partnership program focuses on developing and implementing cost-effective, secure and practical carbon capture and storage (CCS) solutions.
At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified
Scope 3 emissions are fully reported and externally-verified
CDP score demonstrates the level of transparent disclosures
Net Zero Commitments by 2050 include an intermediate target and cover all the emissions
Net Zero targets demonstrate a high-level of emergency
Emission reduction targets on a forward-looking basis are ambitious