Abb Ltd

Common Name
Abb
Country
Switzerland
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
108,320
Ticker
ABBN
Exchange
SIX SWISS EXCHANGE
Website
global.abb
Description
ABB Ltd. is a global technology company focusing on electrification, robotics, automation, and motion. Headquartered in Zurich, Switzerland, ABB Ltd. operates in key industries, including energy, manu...

Abb's Climate Target Data Preview

As of 2024, Abb has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Abb ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Abb's Greenhouse Gas Emissions Pathways

As of 2024, Abb has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Abb have a target to reduce the emissions from its operations?

As of 2024, Abb has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Abb's most ambitious operational target is to reduce these emissions by 100% by 2050, compared to a baseline of 631,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Abb is ahead of schedule on its operational emissions reduction target, having achieved 78.13% of the planned reduction.

Abb's Operational (Scope 1+2) Emissions Pathway

20192024203020500200 k400 k600 k800 kBaselineCurrent (-78%)Target 2050 (-100%)

Does Abb have a target to reduce the emissions from its value chain?

As of 2024, Abb has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Abb's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 429,854,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2024, Abb is ahead of schedule on its value chain emissions reduction target, having achieved 9.02% of the planned reduction.

Abb's Value Chain (Scope 3) Emissions Pathway

20222024203020500150 M300 M450 M600 MCurrent (-8%)Target 2030 (-25%)Target 2050 (-90%)
Want Full Access to Abb's Climate Targets Dataset?
Sign Up