ABB
From WikiClimate
Company Details
- Company name: ABB
- Country: Switzerland
- Sub Sector: Electrical Equipment
- Industry Group: Technology Hardware and Equipment
- Parent Sector: Information Technology
ABB is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. According to its website, sustainability is integral to all aspects of its business and it strives to "balance economic, environmental and social objectives and integrate them into our daily business decisions." ABB operates in more than 100 countries and has offices in 87 of those countries.
Carbon Disclosure
The following data is © Carbon Disclosure Project and was provided by ABB in response to the Carbon Disclosure Project Greenhouse Gas Emissions questionnaires.
Regulatory risks
We do not consider our company to be exposed to regulatory risks because the total emission of GHGs from ABB manufacturing sites is less than 1.5 Mtons (of which approximately 85% are indirect emissions from the use of electricity and district heat).
We do not see any regulatory risks related to ABB's products.
Physical risks
We do not consider our company to be exposed to physical risks because all manufacturing sites and operations are located in areas not particularly sensitive to changes in climate conditions.
General and regulatory risks management
We haven’t taken or planned action.
The outcome of a risk assessment indicates no regulatory or physical risk to any ABB operation.
Current and/or future financial effects of risks
We do not assess current and/or future financial effects because in line with answers above, we do not see any financial effects related to our operations.
Opportunities presented by current or anticipated regulatory requirements on climate change
We consider that current or anticipated regulatory requirements offer opportunities because ABB has a large portfolio of products and services that help our customers in the utility and industry sectors save energy and reduce greenhouse gas emissions.
For example, our advanced industrial information technology for the control and optimization of integrated systems, electrical power grids, buildings and industrial processes saves energy and reduces emissions.
The interconnection of power systems with high-voltage direct current (HVDC and HVDC Light) technology makes large savings through a more even distribution of loads and a more efficient use of primary energy resources, thereby reducing CO2 emissions. It also enables large-scale integration of renewable energy into the power grids.
ABB’s high-efficiency motors and variable-speed drives for motors contribute to large emission reductions. ABB drives installed worldwide save some 130 million megawatt-hours of energy per year, corresponding to an ongoing reduction of CO2 emissions of 109 million tons each and every year.
Opportunities presented by current or anticipated physical changes resulting from climate change
We consider that current or anticipated physical changes offer opportunities because ABB's portfolio of products contains solutions for infrastructure, e.g. for water management
General opportunities presented by climate change
We consider that climate change offers opportunities because ABB recognizes the importance of climate change: A significant proportion of ABB's revenues comes from products that increase customers' energy efficiency. And ABB's strategy through to 2011 identifies environmental concerns as a key driver of market growth.
Planned investment in products and services designed to minimise/adapt to effects of climate change
Climate change has led to investment or planned investment in order to maximise climate change opportunities.
A significant proportion of ABB's R&D efforts is for the development of products helping customers to improve performance while lowering energy use and environmental impact.
Future financial effects of opportunities presented by climate change
ABB considers environmental concerns, such as climate change, as a key driver for market growth.
Greenhouse Gas Emissions
- Greenhouse Gas emissions methodology used: GHG Protocol
- Accounting year: 01/01/2007-31/12/2007
- Total global Scope 1 activity in Metric Tonnes CO2-e emitted: 864000
- Total global Scope 2 activity in metric tonnes CO2-e emitted: 713000
