Eaton Named to Climate Disclosure Leadership Index for Sixth Time
Power management company Eaton has been recognized as a leader among S&P 500 companies and named to the Climate Disclosure Leadership Index (CDLI) by environmental non-profit CDP. This is the sixth year Eaton has received a position on the CDP's S&P 500 CDLI in recognition of the depth and quality of its climate change data disclosure.
"More than a responsibility, Eaton regards sustainability as fundamental to our business and pivotal to our future success," said Harold Jones, senior vice president of Environment, Health and Safety. "Our inclusion in the CDLI demonstrates the progress we're making to be transparent in our effort to reduce greenhouse gas emissions, water and energy consumption, and eliminate landfill waste."
Eaton global facilities adhere to one set of standards, such as carbon emissions, energy and water consumption and waste treatment, and are united to help customers manage power more efficiently and safely by deploying the company's energy-efficient products and technologies.
"The need for disclosure of corporate climate change impacts and strategies to reduce them has never been greater," said Paul Simpson, chief executive officer of CDP. "We congratulate those businesses that have achieved a position on CDP's S&P 500 Climate Disclosure Leadership Index. These companies are responding to the ever-growing demand for environmental accountability and helping to inspire others to follow suit."
Eaton has received widespread recognition for responsible business practices. The company first began issuing a sustainability report as part of its annual report in 2006. Recent honors for responsible business practices include:
- Ranked among the world's top sustainability performers in the NASDAQ Global Sustainability 100 Index
- One of Ethisphere's World's Most Ethical Companies, 2007 -- 2014
- Named one of the top 12 CSR performers in China's manufacturing industry by Machinery and Electronics Business, 2012 -- 2013
- One of Corporate Responsibility Officer Magazine's 100 Best Corporate Citizens, 2007 -- 2014
The Global 500 report including names of companies featured in the CDLI can be found at www.cdp.net.
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 767 institutional investors with assets of US$92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate-change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Visit www.cdp.net or follow @CDP for more information.
Eaton is a power management company with 2013 sales of $22.0 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 103,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.
Contacts:
Eaton
Gary Klasen, 440-523-4736
garydklasen@eaton.com
