Sustainability Magazine November 2024 | Page 27

96 %

of ABB ’ s value chain emissions actually come from the use of sold products , so-called Category 11 of Scope 3 WATCH NOW
Engineered to Outrun
A lot of companies have been mixing up saving emissions , avoiding emissions and talking about Scope 4 , which is not really a thing and gives you the indication that it ’ s part of the greenhouse gas protocol , which it is not . Instead , we have taken the most strict approach in order to be credible , resulting in 74 megatonnes of avoided emissions in 2023 .
Measuring how we are doing all of this is another indication that we are taking this seriously . We ’ re trying to do the right thing . We ’ re focusing on putting zero waste to landfill , extending lifetimes , driving efficiency of our product and then offering take back options to our customers to make sure that we are ideally using not primary but secondary raw materials .
It is important to measure all these things . So this goes back to the point on transparency and this is what we have published in our 2023 sustainability report and I ’ m very happy to share that we got a 99.3 approval level from our shareholders during our AGM in March this year . This was the first mandatory vote on sustainability reports in Switzerland based on the Swiss code of obligations . We are in the top five , meaning we are one of only five companies who received a positive rating of 99 for our rating approval level from the shareholders for their sustainability report . I ’ m very proud of this one .
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