Award recognizes Emerson's sustained
excellence in energy management and
long-term commitment to accelerate decarbonization across the
globe
ST.
LOUIS, March 28, 2024 /PRNewswire/ -- Global
technology and software company Emerson (NYSE: EMR) is proud to
announce today that it has earned the 2024 ENERGY STAR Partner of
the Year Award in Energy Management from the U.S. Environmental
Protection Agency (EPA), marking the company's second consecutive
award for exemplary progress toward a decarbonized future.
With a footprint of nearly 600 facilities, Emerson has tracked
and benchmarked energy usage over the past five years as a key part
of its long-term commitment to achieve net zero greenhouse gas
emissions across its global operations by 2030. As a result, the
company has conducted more than 70 Energy Treasure Hunts worldwide
and implemented an array of energy-savings measures, reducing
emissions intensity by 64% and energy intensity by 41% compared to
a 2018 baseline.
"Environmental sustainability is a business imperative for
Emerson and its value chain partners, from suppliers and customers
to employees and communities," said Mike
Train, Emerson's chief sustainability officer. "We
appreciate the recognition of our global team's efforts and will
continue to leverage the power of our employees and partnership
with ENERGY STAR to maximize the impact of our energy and
sustainability programs."
The 2024 award recognizes Emerson's energy efficiency efforts in
2023. Some key accomplishments include:
- Strengthening internal communication and energy talent
activation. Emerson formalized support for its "Green Teams
Network" in 2023, which has evolved into a community of over 120
unique global teams. These teams regularly share sustainability
best practices and are guided by centrally provided resources.
- Conducting Energy Treasure Hunts to identify savings
opportunities in facilities worldwide. Emerson completed 27
Energy Treasure Hunts last year. These events have identified
$4 million in annual energy savings
opportunities since the program's start in 2020.
- Deploying new resources to accelerate the pace of energy
intensity reductions. Emerson released its Sustainable Building
Standards, leveraging best practices based on the company's pillars
of decarbonization throughout a construction project, from site
selection to commissioning.
As part of its sustainability initiatives, Emerson regularly
collaborates with other ENERGY STAR partners to benchmark progress
and share relevant program features. The company takes an active
role in presenting key topics, such as the development of its
internal carbon pricing program, to fellow partners at ENERGY STAR
sponsored forums and meetings. Emerson also works with its supply
chain partners to promote, design and refine sustainability and
energy programs through its Greening Together Summits. These
summits are an opportunity to promote ENERGY STAR tools and
resources to key suppliers.
To learn more about Emerson's environmental sustainability
efforts, visit Emerson.com/ESG.
About Emerson
Emerson (NYSE: EMR) is a global
technology and software company providing innovative solutions for
the world's essential industries. Through its leading automation
portfolio, including its majority stake in AspenTech, Emerson helps
hybrid, process and discrete manufacturers optimize operations,
protect personnel, reduce emissions and achieve their
sustainability goals. For more information, visit Emerson.com.
About ENERGY STAR
ENERGY STAR® is the
government-backed symbol for energy efficiency, providing simple,
credible, and unbiased information that consumers and businesses
rely on to make well-informed decisions. Since 1992, ENERGY STAR
and its partners helped American families and businesses avoid more
than $500 billion in energy costs and
achieve more than 4 billion metric tons of greenhouse gas
reductions. More background information about ENERGY STAR's impacts
can be found at www.energystar.gov/impacts.
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SOURCE Emerson