Eaton Corporation PLC

Common Name
Eaton
Country
Ireland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
94,443
Ticker
ETN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Eaton Corporation plc is a global diversified industrial company specializing in electrical components and equipment. Its primary focus is the development and provision of systems for distribution, co...

Eaton's GHG Emissions Data Preview

In 2024, Eaton completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Eaton has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Eaton's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Eaton amounted to 701,477 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Eaton decreased by 5.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Eaton's Scope 1 Emissions Over Time

201820192020202120232024085 k170 k255 k340 ktCO2e+13%-12%+1%-32%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Eaton's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Eaton were 183,752 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Eaton reduced its Scope 1 emissions over time?

Since 2018, Eaton's Scope 1 emissions have decreased by 35.49%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Eaton's Scope 1 emissions decreased by 5.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Eaton's Scope 2 emissions?

In 2024, Eaton reported Scope 2 greenhouse gas (GHG) emissions of 451,886 tCOâ‚‚e using the market-based method, and 517,725 tCOâ‚‚e using the location-based method.

Has Eaton reduced its Scope 2 emissions over time?

Since 2018, Eaton's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 26.88%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Eaton's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Eaton 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Eaton use for Scope 2 reporting?

In 2024, Eaton reported its Scope 2 emissions using the market-based method and using the location-based method.

Eaton's Scope 2 Emissions Over Time

2018201920202021202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Eaton's Value Chain Emissions

In 2024, Eaton reported 51,617,848 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Eaton includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Eaton's Scope 3 Emissions Over Time

201820192020202120232024035 M70 M105 M140 MtCO2e+57%-21%+5%-43%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Eaton's Scope 3 emissions?

In 2024, Eaton reported total Scope 3 emissions of 51,617,848 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 10.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.8% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Eaton reduced its Scope 3 emissions over time?

Since 2018, Eaton's Scope 3 emissions have decreased by 34.06%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Eaton's Scope 3 emissions decreased by 11.69%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Eaton disclose?

In 2024, Eaton reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Eaton's Scope 3 emissions?

In 2024, the largest contributors to Eaton's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 46,029,761 tCOâ‚‚e (89.17%)
  • Purchased Goods and Services (Cat. 1): 4,305,545 tCOâ‚‚e (8.34%)
  • Upstream Transportation and Distribution (Cat. 4): 430,379 tCOâ‚‚e (0.83%)

Eaton's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(89.2%)Purchased Goods andServices (Cat. 1)(8.3%)

Insights into Eaton's Total Carbon Footprint

In 2024, Eaton reported a total carbon footprint of 52,319,325 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.61% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Eaton's total carbon footprint was Scope 3 emissions, accounting for 98.66% of the company's total carbon footprint, followed by Scope 2 emissions at 0.99%.

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