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Schneider Electric, Siemens, ABB and Bosch were selected as four sustainability leaders by global technology intelligence firm ABI Research.
“Schneider Electric integrates sustainability and energy management expertise into all of its products and aims to achieve carbon neutrality in its own operations by 2025, 90% renewable energy use, 50% green materials in its products, and 80% of revenue tied to its Green Premium standard by 2025.
“Siemens ranks second, leading in industrial digital automation and green buildings and vehicles, while scoring high in renewable energy use, reporting and governance. Siemens aims to be carbon neutral by 2030. ABB is an industrial A leading technology implementer in automation and robotics.The group has set targets to reduce customers’ emissions by at least 100 megatons by 2030, equivalent to the annual emissions of around 30 million internal combustion engine vehicles, and to be carbon neutral by 2030 … Bosch in 2020 and leads the Global Renewable Energy Use Index,” said Kim Johnson, Principal Analyst for Sustainable Technologies.
Value Chain Carbon Emissions
Mitsubishi manufactures heavy equipment, General Electric (GE) and Honeywell manufacture aircraft engines and aerospace equipment, Hitachi manufactures construction machinery and transportation infrastructure, Bosch manufactures auto parts and chips, etc. Value chain carbon emissions of companies compared with other companies Significantly different digital automation solutions, software tools and services have a higher proportion.
Some industrial companies in the index are still assessing the full scale of their upstream and downstream Scope 3 emissions.
“Thus, the Sustainability Index is not a tool to directly compare the carbon footprints of products and services of corporate groups. Instead, the study aims to discern several ambitious corporate sustainability initiatives and best practices to better understand the industrial sector What leaders are doing to meet climate goals and reduce environmental impact,” Johnson concluded.
Sustainability positioning
The assessment identifies each company’s sustainability position—leader, mainstream, and follower—and provides recommendations for strategic improvement.
Sustainability leaders: Schneider Electric, Siemens, ABB and Bosch
Sustainability mainstream: Hitachi, GE, Honeywell and LG.
Sustainability Followers: Mitsubishi Corporation and Rockwell Automation.
These findings come from ABI Research’s Sustainability Assessment: Competitive Ranking of Large Industrial Solutions Providers report.
This report is part of the company’s Sustainable Technology Research service, which includes research, data, and ABI Insights. Competitive ranking reports provide a comprehensive analysis of implementation strategies, innovations, and market share analysis to provide unparalleled insight into a company’s performance and position compared to its competitors. — trade arab news agency
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