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Anke Hampel at Sustainability Live Climate Week NYC

of ABB ’ s value chain emissions actually come from the use of sold products , so-called Category 11 of Scope 3

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 . In 2024 , ABB helped its customers avoid 66 megatons of emissions throughout the lifecycle of products sold in 2024 and 204 megatons cumulatively since 2022 with energy and resource efficient technologies compared to alternative solutions . This contributes to the company ’ s ambition to support customers in avoiding 600 megatons of GHG emissions from 2022 to 2030 based on all the products the company expects to sell over that period .

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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