2013-03-18 - ABB has launched its annual Sustainability report highlighting how sustainability values and considerations are being embedded in day-to-day business processes, and are contributing in different ways to business success.
In his foreword, CEO Joe Hogan says: “Sustainability issues and considerations increasingly impact our business and operations. Whether it is ABB’s role in capitalizing on global megatrends or our customers’ needs for increasingly energy efficient products, systems and solutions - sustainability requirements are helping to set the agenda.”
He says ABB is improving steadily in many aspects of sustainability, and can be confident of reaching one of the company’s key sustainability strategy targets - being seen as a world leader in sustainability in the years to come.
The report focuses on three areas of ongoing work: Governance and stakeholder relations, different aspects of resource efficiency, and ABB’s efforts to develop employees’ skills.
The report examines in detail a wide range of issues, including how the company seeks to meet the challenges in health and safety, efforts to strengthen sustainability in the supply chain, the value of proactive risk management, high profile examples of product innovation and best practice in environmental management, as well as some of ABB’s human rights dilemmas, and community engagement programs.
"A great deal of hard work has gone into embedding key issues – such as environmental, health and safety, social and security considerations – into our daily business culture and practice. We are seeing solid progress and working in and with our business," said Adam Roscoe, head of Sustainability Affairs. “ But as our health and safety record in 2012 shows we still have some way to go. In addition, we continue to face a variety of security, environmental and social challenges.”
The report contains a wide range of statistics:
- According to unaudited figures, about 55 percent of our revenues are related to products and services in our energy efficiency portfolio that help customers save energy and reduce greenhouse gas emissions
- ABB reduced its energy use by about three percent in 2012 - slightly more than was targeted
- Under our global Supplier Sustainability Development Program, ABB conducted 121 audits and trained more than 1,050 suppliers and 1,250 ABB employees in 2012, focusing on China, India, Mexico and Brazil
- A wide variety of training sessions on health and safety, security and human rights were held in different parts of the world. These included nearly 40 security training courses for country management teams
- In a wide-ranging review of how ABB develops employees, the issue of increasing global mobility is highlighted. About 950 people were on international assignments in 2012 – a 12 percent increase on 2011, and for the first time, employees in China and India entered the top ten ‘exporting’ countries for talent within ABB
The Sustainability report also reviews how ABB performed against the targets it set for 2012. As every year, ABB reports against the Global Reporting Initiative Guidelines, the internationally-recognized standard for sustainability reporting. Credibility is further enhanced by the assurance provided by an external company, Det Norske Veritas, which examined the environmental and social data in the report.