Reducing emissions through automation AND ELECTRIFICATION

ABB is a world-leading Swiss-Swedish Fortune 500 technology company that specialises in connecting software to electrification, robotics, process automation, and motion. The company is primarily focused on solving issues related to how energy resources are spent.

By 2030, ABB plans to be carbon neutral in their own operations and reduce its customers’ annual CO2 emissions by at least 100 million tons, equal to 0.26% and equivalent to the annual emissions of 30 million combustion cars.

Category

ABB holds a unique position in the automation category by being able to deliver solutions within electrification, process automation, motion, and robotics. Other problem-solvers in the ABB’s category specialise in only one of these processes.

Subcategory

Within their subcategory of similar solutions, ABB is also unique, as the only company that can provide solutions in a wide range of sectors, from heavy industries to transportation and real estate – the three of which, combined, contribute to almost 3⁄4 of global CO2 emissions.

The benefits of working with ABB is their focus on using automation to help their customers conserve natural resources and recycle more by integrating circularity into the entire value chain, as well as by continually updating their products to become more sustainable.

The primary hurdle, according to ABB, is their high standards in terms of technology and quality. This means that the average customer investment is rather large, even though the payback time is usually less than a year.

Partnerships include global organisations such as the United Nations Global Compact (UNGC), Microsoft, ABB Formula E, Ericsson, and many more household names.

FACTS

Founded in: 1988
Founded by a merge between the two companies : Asea and Brown, Boveri & Cie
CEO: Björn Rosengren
Headquarters: Zürich, Switzerland
Employees: 105 400
Listed on: Six Swiss Exchange, Nasdaq Stockholm and the New York Stock Exchange
Revenue 2020: US$ 26.134 billion
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Visit the website of ABB at: https://global.abb/group/en

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Download the full report

With the Sustainability report, we want to recognise companies that not only have a great innovation or solution that has a significant impact on lowering CO2 emissions, but also have put in place measures to scale and commercialise.

The companies in the report have been thoroughly researched by the Megadeals team through interviews with highly ranked profiles within the organisations.

The key principle is that only when the great sustainability innovations scale and commercialise they can create a deep impact and the world a better place.

Why is this important? We simply don't have time to wait.