Eaton Earns Leadership Level Ranking From CDP for Climate Disclosure Making Company a Top Performer Among Industry Peers
Intelligent power management company Eaton today announced it has earned a Leadership Level designation from CDP, the world’s leading environmental disclosure platform, for the fifth consecutive year. Despite strengthened criteria each year due to the need for urgent climate action, Eaton continues to maintain its A- rating in the climate category, making the company a top performer among industry peers.
“We’re honored to receive this recognition, which demonstrates our ongoing commitment to environmental transparency,” said Harold Jones, chief sustainability officer and executive vice president, Eaton Business System, Eaton. “By participating in disclosure practices like reporting through CDP, we’re able to collectively assess our gaps as a society and work together to address the critical climate issues we face today.”
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by Eaton reporting through CDP this year,” said Sherry Madera, chief executive officer, CDP. “A 1.5-degree future is still possible if the global community works in lockstep to get there.”
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.
Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.
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Eaton Corp. Stock
We see a rather positive sentiment for Eaton Corp. with 18 Buy predictions and 2 Sell predictions.
With a target price of 304 € there is a slightly positive potential of 9.45% for Eaton Corp. compared to the current price of 277.75 €.