Progress towards targets Making good on our new targets and measures

After careful consideration, ABB has updated its targets for 2020

ABB’s structure of nine sustainability objectives demonstrates how we are addressing the issues identified in our last major materiality assessment conducted in 2013. For the past three years ABB has been reporting on progress in the form of our main activities and achievements towards our 2020 targets.

As a midpoint, the year 2017 presented an excellent opportunity to review whether our original measures and targets remained appropriate and relevant to the business and our stakeholders.

In the closing months of the year, we conducted an internal review to solicit input from our stakeholder panel and our Executive Committee. After careful analysis, we agreed to streamline the number of measures we report on from 21 to 11, and to update the targets for the business to achieve by 2020. We also decided to create a new framework to group the nine objectives into three core themes.

Some of the new measures require the implementation of plans and processes that cannot be applied retroactively. Thus, we are unable to report on human rights and gender but will do so in our 2018 report. We made positive progress on the other nine measures.

We are committed to delivering on our updated 2020 targets, which are key enablers of our business strategy.

Goal status – achieved (icon)

Achieved

Goal status – on track (icon)

On track

Goal status – in process (icon)

In progress

Goal status – not on track (icon)

Not on track

Pioneering technology

Objective

 

2020 Target (vs 2013)

2017 Performance

Link to page

Products, services & solutions

Increase share of ABB eco-efficiency portfolio

60% of revenue

56%

Goal status – on track (icon)

Products, services and solutions

Responsible operations

Objective

 

2020 Target (vs 2013)

2017 Performance

Link to page

Safe operations

Reduction in total incident frequency rate

<0.7

0.73

Goal status – on track (icon)

Safe operations

Climate action

Reduce greenhouse gas emissions (GHG)

by 40%

33%

Goal status – on track (icon)

Climate action

Resource efficiency

Reduce water consumption in water-stressed areas

by 25%

19%

Goal status – on track (icon)

Resource efficiency

Reduce waste sent for disposal

by 20%

15%

Goal status – on track (icon)

Resource efficiency

Right materials

Reduce emissions from VOCs

by 25%

19%

Goal status – on track (icon)

Right materials

Responsible sourcing

Closure of identified risks from supplier assessments

>65%

72%

Goal status – on track (icon)

Responsible sourcing

Responsible relationships

Objective

 

2020 Target (vs 2013)

2017 Performance

Link to page

*

data available from 2018

Integrity

Employees trained on integrity

>96%

96.5%

Goal status – on track (icon)

Integrity

Human rights

Training for specific job roles exposed to human rights risks

2 campaigns per year

New*

Goal status – in process (icon)

Human rights

Our people

Increase women in senior management

by 30% (vs 2017)

New*

Goal status – in process (icon)

Our people and community

Employees covered by the ABB well-being program

70%

59%

Goal status – on track (icon)

Our people and community