ABB Summary

Brief Description of ABB:

ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 133,000 people. ABB is headquartered in Zurich, Switzerland. Visit ABB’s Web site for more information and click on the “sustainability” button.

ABB is a member of the Pew Center on Global Climate Change Business Environmental Leadership Council, a group of major companies that demonstrate leadership by establishing and meeting greenhouse gas emissions reduction targets; investing in more efficient products, practices and technologies; and supporting domestic and international action to achieve cost-effective emissions reductions. Read the guiding principles of the Business Environmental Leadership Council.

ABB's Greenhouse Gas Reduction Target:

• Achieved: Reduce GHG emissions by 1 percent each year from 1998 through 2005.
• Achieved: Develop Environmental Product Declarations for every product produced.
• Reduce CO2 emissions from operations in Switzerland by 50 percent by 2010.

All Business Environmental Leadership Council Targets

CEO:

Fred Kindle

What ABB Has to Say About Climate Change:

"Greenhouse gas abatement is the single biggest environmental challenge facing governments, industry and society today. ABB seeks to promote the reduction of greenhouse gas emissions by providing energy efficient and environmentally sensitive products and participating in international initiatives which seek to avert the dangers of global climate change."
Jürgen Dorman, Former CEO, ABB