Eaton Earns First A Rating From CDP for Climate Disclosure
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DUBLIN--(BUSINESS WIRE)--
Intelligent power management company Eaton today announced it has earned a Leadership Level designation from CDP, the world’s leading environmental disclosure platform, for the sixth consecutive year. Despite strengthened criteria each year, Eaton was rated an A in the climate category, making the company a top performer among industry peers.
“We are incredibly proud to have received our first A rating from CDP in over a decade,” said Harold Jones, chief sustainability officer and executive vice president, Eaton Business System, Eaton. “This is a testament to our greenhouse gas reduction efforts and continued openness and transparency about our progress on climate actions.”
Of the 22,400 companies that received a climate score from CDP, only 2% earned an A rating. As part of Eaton’s dedication to transparency, the company has been reporting to CDP since 2006.
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.
What does Eaton's CDP A rating for climate disclosure mean for investors?
The A rating places Eaton among the top 2% of 22,400 rated companies, demonstrating superior environmental performance and transparency, which can attract ESG-focused investors and indicate strong environmental risk management.
How has Eaton's CDP performance evolved over the years?
Eaton has maintained CDP Leadership Level status for six consecutive years, achieving its first A rating in climate category in this latest assessment, showing consistent improvement in environmental disclosure and performance.
What are Eaton's current revenue figures as of 2024?
Eaton reported revenues of nearly $25 billion in 2024, serving customers in more than 160 countries.
How long has Eaton been reporting to CDP?
Eaton has been reporting to CDP since 2006, demonstrating a long-term commitment to environmental transparency and disclosure.
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