Progress towards targets On track towards our 2020 targets
ABB is committed to maintaining its positive momentum
ABB’s nine sustainability objectives with 11 measures and targets are designed to ensure we reach our overarching goal by 2020: recognition as a leading contributor to a more sustainable world through our business offerings and sustainable business practices.
Our sustainability objectives cover three areas: pioneering technology, responsible operations and responsible relationships. These areas all have a direct or indirect impact on ABB’s business success, and our Executive Committee and external stakeholder panel reaffirmed that our 2020 measures and targets for them remain material to ABB’s business.
We have made quantifiable progress on all measures in 2018 except water consumption in areas of water stress, and are pleased to present our achievements in this report.
ABB has now entered a period of major transformation. Over the course of 2019 we will sharpen ABB’s focus as a leader in digital industries, work on the divestment of Power Grids, and simplify our business model. These changes will not impact ABB’s firm commitment to address its key economic, environmental and social impacts.
ABB has started work to revise its baseline 2013 data to reflect changes in the company that would otherwise compromise the consistency and relevance of reported social and environmental information.
Achieved
On track
In progress
Not on track
Pioneering technology
Objective |
Measure |
2020 Target |
2018 Performance |
Page |
|
Products, solutions and services |
Increase share of ABB eco-efficiency portfolio |
60% of revenue |
57% |
|
Responsible operations
Objective |
Measure |
2020 Target |
2018 Performance |
Page |
|
Safe operations |
Reduce employee total injury frequency rate |
<0.7 |
0.58 |
|
|
Climate action |
Reduce greenhouse gas emissions (GHG) |
by 40% (vs 2013) |
36% |
|
|
Resource efficiency |
Reduce water consumption in water-stressed areas |
by 25% (vs 2013) |
12% |
|
|
Reduce waste sent for disposal |
by 20% (vs 2013) |
18% |
|
||
Right materials |
Reduce emissions from VOCs |
by 25% (vs 2013) |
27% |
|
|
Responsible sourcing |
Closure of identified risks from supplier assessments |
>65% |
76% |
|
Responsible relationships
Objective |
Measure |
2020 Target |
2018 Performance |
Page |
|||
|
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Integrity |
Employees trained on integrity |
>96% |
98% |
|
|||
Human rights |
Training for specific job roles exposed to human rights risks |
2 campaigns per year |
2 |
|
|||
Our people |
Increase women in senior management1 |
by 30% (vs 2017) |
10.5% |
|
|||
Employees covered by the ABB well-being program |
>70% |
67% |
|