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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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Eaton’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Eaton’s data sources below and access millions more through our Disclosure Search.

a. Eaton's Sustainability Report 2024
a. Eaton's Sustainability Report 2024
b. Eaton's Sustainability Report 2023
b. Eaton's Sustainability Report 2023
c. Eaton's TCFD Report 2022
c. Eaton's TCFD Report 2022
d. Eaton's CDP Climate sourced from company’s website 2021
d. Eaton's CDP Climate sourced from company’s website 2021

Insights into Eaton's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofEaton amounted to701,477metric 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).a

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

Eaton's Scope 1 Emissions Over Time

20192020202120232024085 k170 k255 k340 ktCO2e-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).a

Has Eaton reduced its Scope 1 emissions over time?

Since 2019, Eaton's Scope 1 emissions have decreased by 42.92%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

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.ab

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.a

Has Eaton reduced its Scope 2 emissions over time?

Since 2019, Eaton's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 37.85%, reflecting a declining long-term trend in Scope 2 emissions over time.ad

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.ab

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.a

Eaton's Scope 2 Emissions Over Time

201920202021202320240250 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.a

The 2024 disclosure of Eaton includes a breakdown across 10of 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.a

Eaton's Scope 3 Emissions Over Time

20192020202120232024035 M70 M105 M140 MtCO2e-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).a

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.a

Has Eaton reduced its Scope 3 emissions over time?

Since 2019, Eaton's Scope 3 emissionshave decreased by 57.95%, reflecting a declining long-term trend in Scope 3 emissions over time.ac

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.ab

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.a

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:a

  • 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 GHG Emissions Intensity Compared to Industry Peers

In 2024, Eaton reported Scope 1 greenhouse gas (GHG) emissions of 183,752 tCOâ‚‚e and total revenues of USD 24,878 millions. This translates into an emissions intensity of 7.39 tCOâ‚‚e per millions USD.a

Eaton's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)DEHAHSAShanghai Electric GroupYear: 2024Scope 1: 86,106 tCO2eRevenue: $M 15,920Scope 1 Intensity: 5.41 tCO2e/$MNARI TechnologyYear: 2024Scope 1: 1,949 tCO2eRevenue: $M 7,868Scope 1 Intensity: 0.25 tCO2e/$MEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MParker-HannifinYear: 2024Scope 1: 128,862 tCO2eRevenue: $M 19,929Scope 1 Intensity: 6.47 tCO2e/$MKoneYear: 2024Scope 1: 112,500 tCO2eRevenue: $M 11,549Scope 1 Intensity: 9.74 tCO2e/$MKawasaki Heavy IndustriesYear: 2024Scope 1: 142,390 tCO2eRevenue: $M 12,211Scope 1 Intensity: 11.66 tCO2e/$MGoldwind Science & TechnologyYear: 2024Scope 1: 17,334 tCO2eRevenue: $M 7,769Scope 1 Intensity: 2.23 tCO2e/$MXylemYear: 2024Scope 1: 73,943 tCO2eRevenue: $M 8,562Scope 1 Intensity: 8.64 tCO2e/$MDDDongfang ElectricYear: 2024Scope 1: 85,000 tCO2eRevenue: $M 9,550Scope 1 Intensity: 8.90 tCO2e/$MAtlas CopcoYear: 2024Scope 1: 91,000 tCO2eRevenue: $M 16,041Scope 1 Intensity: 5.67 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MCraneYear: 2024Scope 1: 8,490 tCO2eRevenue: $M 2,131Scope 1 Intensity: 3.98 tCO2e/$MMelrose IndustriesYear: 2024Scope 1: 21,245 tCO2eRevenue: $M 4,352Scope 1 Intensity: 4.88 tCO2e/$MEEElgi EquipmentsYear: 2025Scope 1: 1,456 tCO2eRevenue: $M 408Scope 1 Intensity: 3.56 tCO2e/$MGE Vernova T&D IndiaYear: 2025Scope 1: 801 tCO2eRevenue: $M 502Scope 1 Intensity: 1.59 tCO2e/$MHHHangzhou Oxygen Plant GroupYear: 2024Scope 1: 903 tCO2eRevenue: $M 1,880Scope 1 Intensity: 0.48 tCO2e/$MAIA EngineeringYear: 2025Scope 1: 28,902 tCO2eRevenue: $M 495Scope 1 Intensity: 58.43 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MAAApex DynamicsYear: 2024Scope 1: 103 tCO2eRevenue: $M 90Scope 1 Intensity: 1.14 tCO2e/$MHHHan's LaserYear: 2024Scope 1: 303 tCO2eRevenue: $M 2,023Scope 1 Intensity: 0.15 tCO2e/$MSanhua Intelligent ControlsYear: 2024Scope 1: 64,880 tCO2eRevenue: $M 3,829Scope 1 Intensity: 16.94 tCO2e/$MSSSpirax GroupYear: 2024Scope 1: 17,405 tCO2eRevenue: $M 2,090Scope 1 Intensity: 8.33 tCO2e/$MSandvikYear: 2024Scope 1: 81,000 tCO2eRevenue: $M 11,150Scope 1 Intensity: 7.26 tCO2e/$MAAAccelleron IndustriesYear: 2024Scope 1: 2,723 tCO2eRevenue: $M 1,023Scope 1 Intensity: 2.66 tCO2e/$MEatonYear: 2024Scope 1: 183,752 tCO2eRevenue: $M 24,878Scope 1 Intensity: 7.39 tCO2e/$M

How does Eaton's GHG emissions intensity compare to its peers?

In 2024, Eaton reported a Scope 1 emissions intensity of 7.39 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.41, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Eaton rank on GHG emissions intensity within its industry?

In 2024, Eaton ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Eaton is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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.ab

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%.a

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