Stakeholder engagement is a key part of Eaton’s sustainability program. Our business operations affect many groups and organizations across the globe. In turn, these “stakeholders” have a fundamental impact on Eaton’s sustainability performance. Only by working together with employees, investors, customers, suppliers, governments, local communities and others can Eaton achieve its highest level of success.
Our efforts to team with stakeholders for overall improvement in environmental, social and economic performance is influenced by Eaton’s philosophy of "doing business right." How we get our results at Eaton is just as important as the results themselves.
The Eaton Business System (EBS) requires and identifies processes for defining and working with stakeholders and other partners. EBS provides a disciplined set of processes and tools that ensure enterprise-wide alignment and compliance, rapid recognition and transfer of best practices. Our success can be directly attributed to EBS encompassing the core values, policies and processes used to conduct business and measure, assess and improve performance.
The Eaton Board of Directors’ Governance Committee has oversight regarding significant public policy issues with respect to our relationships with shareholders, employees, customers, competitors, suppliers and the communities in which we operate, including such areas as ethics compliance, environmental, health and safety issues, community relations, government relations, charitable contributions and shareholder relations.
We work with the following stakeholders in many ways, exchanging ideas, overcoming challenges, and learning from our shared experiences: