ABB Summary

Brief Description of ABB:

As one of the world's leading engineering companies, ABB helps its customers to use electric power efficiently, to increase industrial productivity and to lower environmental impact in a sustainable way.  The ABB Group of companies operates in around 100 countries and employs about 120,000 people.  ABB is headquartered in Zurich, Switzerland.  For more information on ABB's sustainability and energy efficiency initiatives, please visit www.abb.com/sustainability.

ABB is a member of the Pew Center on Global Climate Change Business Environmental Leadership Council, a group of major companies that demonstrate leadership by establishing and meeting greenhouse gas emissions reduction targets; investing in more efficient products, practices and technologies; and supporting domestic and international action to achieve cost-effective emissions reductions. Read the guiding principles of the Business Environmental Leadership Council.

ABB's Greenhouse Gas Reduction Target:

• Achieved: Reduce energy use (thereby GHG emissions) by 5% percent from 2005 to 2007.
• Achieved: Develop Environmental Product Declarations for core products.
• Achieved: Reduce CO2 emissions from operations in Switzerland by 50 percent compared to 1990 levels.
• Continue to reduce energy use (thereby GHG emissions) through 2009 - new goals are expected to be set 2010.

All Business Environmental Leadership Council Targets

CEO:

Joseph Hogan

What ABB Has to Say About Climate Change:

"ABB shares the concern about global warming and is committed to the pursuit of emission reductions.  We support the Kyoto Protocol and other national and international efforts to lower greenhouse gas emissions and stablize global temperatures."    - ABB Position Statement on Climate Change and Global Warming