Eaton Recognized in Carbon Disclosure Leadership Index;
Ranked Second Among Industrial Companies
Ranked Second Among Industrial Companies
Date: October 2, 2009
CLEVELAND
… Diversified industrial manufacturer Eaton Corporation received a commendation from the Carbon Disclosure Project (CDP) for its transparent approach to providing climate change data.
For the second consecutive year, Eaton is one of 50 S&P 500 companies to earn this recognition in the CDP’s “Carbon Disclosure Leadership Index.” Eaton raised its score to 85 from 63 in 2008, which places the company second in the “Industrials” category, tied with Burlington Northern Santa Fe. Boeing ranked first in the category.
The Carbon Disclosure Project is a global, independent non-profit organization that publishes an annual report of climate change impact by business, based on climate change data from nearly 2,500 major corporations worldwide. The Leadership Index, a key component of CDP’s annual S&P 500 report, highlights companies within the S&P 500 Index that have displayed the most professional approach to corporate governance in respect to climate change disclosure practices. CDP scores companies on public reporting of climate change data, including company greenhouse gas (GHG) emissions and efforts to reduce them. High scores indicate good internal data management and understanding of climate change-related issues affecting the company.
“Eaton is pleased to be included in CDP’s Leadership Index and recognized for our efforts to keep the public informed about our environmental practices and management of greenhouse gas (GHG) emissions,” said Joseph L. Wolfsberger, Eaton’s senior vice president, Environment, Health and Safety. “Eaton has a heritage of doing business right, and that commitment remains firm as the company continues to grow globally.”
“Companies recognized in the Carbon Disclosure Leadership Index are rewarded for high quality responses to CDP, which demonstrate a good understanding of how climate change is and will continue to impact their business,” said Paul Dickinson, chief executive of the Carbon Disclosure Project. “Companies which control their risks today, manage their emissions and seize the opportunities to produce low carbon goods and services, will be the best placed to prosper in a low carbon economy of the future.”
The S&P 500 Report, including names of companies featured in the Carbon Disclosure Leadership Index, is available at www.cdproject.net . For more information on Eaton’s environmental activities, visit Eaton’s web site at http://www.eaton.com/EatonCom/Sustainability/index.htm .
Eaton Corporation is a diversified power management company with 2008 sales of $15.4 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries.
For the second consecutive year, Eaton is one of 50 S&P 500 companies to earn this recognition in the CDP’s “Carbon Disclosure Leadership Index.” Eaton raised its score to 85 from 63 in 2008, which places the company second in the “Industrials” category, tied with Burlington Northern Santa Fe. Boeing ranked first in the category.
The Carbon Disclosure Project is a global, independent non-profit organization that publishes an annual report of climate change impact by business, based on climate change data from nearly 2,500 major corporations worldwide. The Leadership Index, a key component of CDP’s annual S&P 500 report, highlights companies within the S&P 500 Index that have displayed the most professional approach to corporate governance in respect to climate change disclosure practices. CDP scores companies on public reporting of climate change data, including company greenhouse gas (GHG) emissions and efforts to reduce them. High scores indicate good internal data management and understanding of climate change-related issues affecting the company.
“Eaton is pleased to be included in CDP’s Leadership Index and recognized for our efforts to keep the public informed about our environmental practices and management of greenhouse gas (GHG) emissions,” said Joseph L. Wolfsberger, Eaton’s senior vice president, Environment, Health and Safety. “Eaton has a heritage of doing business right, and that commitment remains firm as the company continues to grow globally.”
“Companies recognized in the Carbon Disclosure Leadership Index are rewarded for high quality responses to CDP, which demonstrate a good understanding of how climate change is and will continue to impact their business,” said Paul Dickinson, chief executive of the Carbon Disclosure Project. “Companies which control their risks today, manage their emissions and seize the opportunities to produce low carbon goods and services, will be the best placed to prosper in a low carbon economy of the future.”
The S&P 500 Report, including names of companies featured in the Carbon Disclosure Leadership Index, is available at www.cdproject.net . For more information on Eaton’s environmental activities, visit Eaton’s web site at http://www.eaton.com/EatonCom/Sustainability/index.htm .
Eaton Corporation is a diversified power management company with 2008 sales of $15.4 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries.
Gary Klasen
(216) 523-4736
(216) 523-4736