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ST. LOUIS (July 18, 2022) – Emerson (NYSE: EMR), a global leader in technology and software solutions, has joined RE100, a global initiative bringing together businesses committed to 100% renewable electricity. This alignment with other sustainability pioneers in the effort led by Climate Group, in partnership with CDP, is the latest step in Emerson’s plan to source 100% renewable electricity by 2030.
To achieve this 2030 target, Emerson will leverage a broad range of renewable energy sources, including solar, wind, geothermal and hydropower. Due to recent efforts in the renewables procurement space, Emerson anticipates sourcing 25% of its global electricity usage from renewable sources in 2022. The company has also installed on-site renewable electricity generation systems at several facilities worldwide and will expand implementation of these systems going forward.
“Emerson's renewable energy strategy will play an important role in our goal to reach net zero operations by 2030,” said Mike Train, Emerson’s Chief Sustainability Officer. “Our engagement with RE100 enhances Emerson’s ability to drive further investment in renewable electricity and support the overall decarbonization of the grid in the key markets we operate in, such as the U.S., Mexico, Europe, China and India.”
As part of the company’s net zero operations objective, Emerson is targeting 100% renewable electricity coverage from contracted electricity sources and on-site generation assets. Electricity usage drives approximately 75% of Emerson’s Scope 1 and 2 emissions.
“We are delighted to welcome Emerson to RE100,” said Sam Kimmins, Director of Energy at Climate Group. “By committing to 100% renewable electricity by 2030, Emerson joins over 300 of the world’s leading businesses committed to driving market change.”