Prestigious award honors Bosch's best
suppliers, highlights Emerson's significant efforts to achieve
ambitious net zero emissions goals
LAATZEN, Germany, July 26,
2023 /PRNewswire/ -- Global technology and software
company Emerson (NYSE: EMR) received the 2023 Bosch Global Supplier
Award, placing the company among a select global group of Bosch's
most valued suppliers helping drive innovation in pursuit of
sustainability targets and their commitment to climate neutrality.
Emerson earned the Global Supplier Award for Sustainability,
recognizing the company's exemplary commitment to climate
neutrality and comprehensive efforts to reduce greenhouse gas (GHG)
emissions.
"Sustainable supply chains strengthen global prosperity and
benefit society," said Dr. Arne
Flemming, Bosch's head of supply chain management. "We
especially honor our suppliers' commitment to climate action with
an award in the special 'Sustainability' category."
Emerson is a longtime automation partner to Bosch. Emerson's
global factory automation solutions portfolio helps companies meet
their carbon neutral milestones. Emerson recently announced it has
achieved a 42% reduction in greenhouse gas emissions intensity from
the 2018 baseline, surpassing its original 20% target six years
ahead of schedule. Emerson has an A- score from the Carbon
Disclosure Project and prioritizes advancing solutions that impact
the environment: 70% of its revenue* is tied to
sustainability-enabling technologies for customers.
"Emerson is deeply honored to receive the 2023 Bosch Global
Supplier Award in the Sustainability category," said Emerson Chief
Sustainability Officer Mike Train.
"Our efforts are having a measurable impact as we partner with
customers to make the world healthier, safer, smarter and more
sustainable. We will continue to take actions that tackle emissions
across our global operations while supporting our customers in
their decarbonization efforts and the broader communities we
serve."
Since 1987, Bosch has presented these awards every two years to
its top suppliers in categories covering sustainability, purchasing
of indirect materials and services, and raw materials and
components. From its approximately 35,000 global suppliers, Bosch
recognized Emerson and 45 other suppliers from 11 countries for the
Global Supplier Awards on July 14,
2023, at the International Congress Center in Dresden,
Germany.
For more information on Emerson's environmental sustainability
programs and initiatives, visit https://www.emerson.com/esg
Additional resources:
• Join the Emerson Exchange 365 Community
• Connect with Emerson
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About Emerson
Emerson (NYSE: EMR) is a global technology and software company
providing innovative solutions for the world's essential
industries. Through its leading automation portfolio, including its
majority stake in AspenTech, Emerson helps hybrid, process and
discrete manufacturers optimize operations, protect personnel,
reduce emissions and achieve their sustainability goals. For more
information, visit Emerson.com.
*Sustainability Enabling Technologies are defined as Emerson's
technologies which are capable of being utilized for sustainability
enabling activities based on the following criteria: Energy source
decarbonization – products or solutions that assist in the
production of renewable and clean power (such as wind, solar,
hydro, geothermal or nuclear power) as well as products or
solutions that assist in the production of clean and low-carbon
fuels (such as biofuels, biomass or hydrogen); energy &
emissions management – products or solutions that contribute to
improvements and the optimization of energy usage, reduction of
harmful emissions, and the capture, utilization and storage of
carbon emissions; electrification & grid systems – products or
solutions that support energy storage, electricity
transmission and distribution, workforce safety and productivity,
and the value chain of critical minerals and batteries; and
circularity & waste management – products or solutions that
support the production of bio-based and lower carbon materials,
resource efficiency and waste management, improved circularity and
recycling efforts, as well as water management activities. Neutral
technologies such as services, enclosures, mechanical devices and
buyouts are excluded from sustainability enabling technologies as
they do not have a direct impact enabling any of the criteria
discussed. Emerson's definition of sustainability enabling
technologies is not intended to and does not align to any
governmental or other third-party taxonomy or framework.
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SOURCE Emerson