New Delhi: Rockwell Automation, Tuesday released its 2023 Sustainability Report detailing the company’s sustainability progress and outcomes, and how Rockwell is partnering across the manufacturing industry and communities worldwide to create sustainable impact and change.
In India, Rockwell undertook initiatives including solar light installation projects in schools, environmental projects including sapling distribution and sponsoring robotic and STEM education programs. Most recently the company detailed how it is helping to modernize farming practices in rural India in partnership with ISAP India Foundation.
“We’ve been improving the efficiency of industrial processes for more than 120 years, which includes making the most of scarce resources,” Rockwell Automation Chairman and CEO Blake Moret, said. “Today, our technology and expertise help manufacturers in diverse industries address the complex challenge of making high-quality products at scale while minimizing negative impacts on the environment,” he added.
Smart manufacturing technologies play a critical role in driving Environmental, Social, and Governance (ESG) and sustainability success. Survey results from the company’s 8th annual State of Smart Manufacturing Report indicate the driving factor for manufacturers to pursue sustainability and ESG policies and programs is to improve efficiencies, confirming that sustainability is critical for operational improvement and profitability.
In addition to showcasing how Rockwell supports customers’ sustainability efforts with its innovative, sustainable products and solutions, the report also highlights the company’s ESG initiatives and programs that are making Rockwell more sustainable while at the same time fostering a culture that empowers employees to operate safely, sustainably, and responsibly.
In 2020, Rockwell announced its goal to be carbon neutral by 2030 (Scope 1 and 2 emissions). The report discusses the company’s work toward this goal, and includes information about Rockwell’s Scope 3 emissions baseline, explaining that indirect emissions from its value chain represent 99% of its Scope 3 carbon footprint.
The report has highlighted the company’s 2023 ESG initiatives like the UN Global Compact, the Science Based Targets initiative (SBTi), and Product Design for Sustainability.
UN Global Compact: The company joined the UN Global Compact and the report discusses the eight UN Sustainable Development Goals (SDG) on which Rockwell believes it can have the greatest impact.
Science Based Targets initiative (SBTi): Rockwell joined this partnership between the United Nations Global Compact, Carbon Disclosure Project (CDP), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), which is designed to address corporate climate action.
Product Design for Sustainability: The creation of a new team responsible for the integration of sustainability design principles, measurement criteria, and requirements into common product development processes.
