We preserve resources

Pillar overview We preserve resources

Preserving resources – strategy pillar key visual (photo)

By 2030, we are committed to covering at least 80 percent of our products and solutions with our circularity approach and evaluating them according to a set of KPIs that correspond to each product’s life-cycle stage.

Within that same timeframe, we will completely eliminate any waste from our own operations that would be sent to landfill or to incineration without energy recovery, wherever doing so is compatible with local conditions and laws. Today, 48 percent of ABB’s sites around the world are already sending zero waste to landfill.

We will also extend our circularity approach to our suppliers. In addition to ensuring that at least 80 percent of our supply spending is done in focus countries that are covered by our Sustainable Supply Base Management (SSBM) program, we are taking steps to make certain that the materials we source from third parties form part of our circularity approach. For further information on objectives related to our supply chain, please refer to the chapter “Responsible sourcing.”

Outside of the scope of our stated 2030 sustainability targets for preserving resources, we have continued to drive progress toward a number of related objectives. We regularly seek to identify our use of restricted or hazardous substances, which we aim to reduce and, where possible, eliminate from our operations. We also run a longstanding program aimed at reducing water risk, water use and water withdrawals in water-stressed areas; we take pride in the water-saving measures we have implemented at ABB sites around the world.

Since introducing our 2030 sustainability targets for preserving resources, we have made continuous progress:

Targets 2030

2019 baseline1

2022 status

Cover at least 80% of ABB’s portfolio of products and solutions with circularity approach

n/a

We aim to refine our circularity approach to achieve clear alignment with regulations in 2023

Send zero waste to landfill while taking measures to prevent waste generation2

17.1 kilotons, equivalent to 8.8% of total waste (adjusted for portfolio changes)

11.6 kilotons (equivalent to 6.7% of total waste)

1

Where a baseline applies.

2

Where compatible with local conditions.