Eaton First in Its Industry To Join the Health Sector Climate Pledge

Rhea-AI Summary

Eaton has joined the White House and HHS Health Sector Climate Pledge, committing to ambitious sustainability goals including science-based greenhouse gas reduction targets and achieving carbon-neutral operations by 2030. The healthcare sector contributes 8.5% to U.S. greenhouse gas emissions, and Eaton aims to help cut these emissions by 50% by 2030. The company is enhancing its portfolio of intelligent power management solutions to assist healthcare organizations in strengthening infrastructure and electrifying fossil-fueled processes. Eaton's global healthcare segment director emphasized the potential of clean energy projects to improve sustainability and reliability in healthcare. Founded in 1911, Eaton reported revenues of $20.8 billion in 2022, reflecting its commitment to sustainability and power management across more than 170 countries.

Positive

• Eaton's commitment to achieving carbon neutrality by 2030 enhances its sustainability profile.
• Joining the Health Sector Climate Pledge aligns Eaton with over 100 organizations focused on reducing emissions in healthcare.
• Eaton's intelligent power management solutions support the healthcare sector in managing energy transitions.

Negative

• While ambitious, meeting greenhouse gas reduction targets involves significant challenges and potential regulatory risks.
• Eaton's commitment may require substantial investment to upgrade infrastructure, posing financial constraints.

PITTSBURGH, PA / ACCESSWIRE / April 20, 2023 / Eaton:

Intelligent power management company Eaton announced today it has joined the White House and Department of Health and Human Services (HHS) Health Sector Climate Pledge to accelerate healthcare decarbonization and environmental resilience. Signing the pledge underscores Eaton's commitment to achieve ambitious sustainability goals, including science-based greenhouse gas reduction targets and carbon-neutral operations by 2030.

The healthcare industry currently accounts for 8.5% of U.S. greenhouse gas emissions. Eaton joins more than 100 organizations in signing the pledge to cut emissions 50% by 2030 and strengthen resilience against climate change.

"Bold action is needed to minimize the impact of climate change. At Eaton, we are helping our customers in the healthcare industry and beyond chart a path toward sustainability," said Harold Jones, chief sustainability officer and executive vice president, Eaton Business System, Eaton. "We're on pace to meet our ambitious sustainability goals and support collaborative efforts like this worldwide to help ensure a low-carbon future."

Through its expansive portfolio of intelligent power management solutions, Eaton is helping healthcare customers simplify the energy transition to strengthen resilience, better manage existing electrical infrastructure and prepare for future energy requirements. Eaton is working with leading healthcare organizations to deploy clean energy and microgrid systems, update and modernize infrastructure, electrify fossil-fueled processes, and establish the flexibility needed to better manage evolving community healthcare needs.

"Now is the time to decarbonize healthcare," said Justin Carron, global healthcare segment director at Eaton. "Today, there are vast opportunities to put the energy transition, electrification and digitalization to work to improve sustainability, resilience, reliability and the bottom line. And federal incentives for clean energy projects are infusing new resources to help healthcare organizations accelerate their energy and environmental goals."

Learn more about how Eaton is unlocking a low carbon future for healthcare.

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. 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 accelerating the planet's transition to renewable energy, helping to solve the world's most urgent power management challenges, and doing what's best for our stakeholders and all of society.

Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit Eaton.com. Follow us on Twitter and LinkedIn.

Contact:

Hilary Spittle
+1 (216) 712-2005
hilaryspittle@eaton.com

Regina Parundik
Cobblestone Communications
+1 (412) 559-1614
regina@cobblecreative.com

View additional multimedia and more ESG storytelling from Eaton on 3blmedia.com.

Contact Info:

Spokesperson: Eaton
Website: https://www.3blmedia.com/profiles/eaton
Email: info@3blmedia.com

SOURCE: Eaton

View source version on accesswire.com:
https://www.accesswire.com/750404/Eaton-First-in-Its-Industry-To-Join-the-Health-Sector-Climate-Pledge

FAQ

What is Eaton's goal regarding greenhouse gas emissions?

Eaton aims to achieve a 50% reduction in greenhouse gas emissions by 2030.

When does Eaton plan to achieve carbon neutrality?

Eaton plans to achieve carbon neutrality in its operations by 2030.

How much revenue did Eaton report in 2022?

Eaton reported revenues of $20.8 billion in 2022.

What does the Health Sector Climate Pledge entail for Eaton?

By signing the pledge, Eaton commits to reducing healthcare-related emissions and promoting sustainability.

What percentage of U.S. greenhouse gas emissions comes from healthcare?

The healthcare sector accounts for 8.5% of U.S. greenhouse gas emissions.