ABB has once again earned a top score from the Carbon Disclosure Project (CDP) for its transparency and efforts to address climate change. For the second year in a row, the company made CDP’s prestigious ‘A List’ — a distinction awarded to only a small fraction of the more than 22,000 companies evaluated.
ABB also improved its rating on water-related disclosures, moving up to an A-. More than 700 financial institutions, managing assets worth over $142 trillion, rely on CDP’s reports to guide their decisions on climate, water, and deforestation risks.
“This recognition highlights the strong progress we’ve made integrating sustainability into our core strategy,” said Anke Hampel, ABB’s Group Head of Sustainability. “We’ve set science-backed emissions targets, including goals for 2030 and 2050, which apply not only to our operations but across our value chain. Our improved water score reflects stronger oversight and greater engagement with our suppliers on water-related issues.”
CDP assesses companies based on the depth and quality of their disclosures, how well they understand and manage environmental risks, and whether they set ambitious goals. Ratings range from A to D-, with companies that don’t report or provide minimal information receiving an F.
ABB is a global player in electrification and automation, focused on helping industries improve performance while reducing resource use and environmental impact. With a history going back over 140 years and a workforce of about 110,000 people, ABB operates worldwide. Its stock is traded on the SIX Swiss Exchange and Nasdaq Stockholm.
