Sustainable Brand Benchmark - Eaton Corp
By CommonShare
Eaton Corporation is a global leader in power management solutions that make electrical, hydraulic, and mechanical power operate more efficiently, reliably, and safely. The company's products and services help customers manage power in various applications, such as buildings, data centers, vehicles, aircraft, machines, and more. Eaton Corporation has a history of over 100 years of innovation and excellence, and is committed to creating value for its stakeholders and solving the world's most pressing power management challenges.
Eaton Corporation operates through four segments: Electrical Products, Electrical Systems and Services, Hydraulics, and Aerospace. The Electrical Products segment offers circuit protection, wiring devices, lighting, power distribution, control and automation, and other products for residential, commercial, industrial, and utility markets. The Electrical Systems and Services segment provides power distribution and assemblies, critical power solutions, power reliability equipment, and services for industrial, institutional, governmental, utility, commercial, residential, information technology, renewable energy, marine, and other markets. The Hydraulics segment offers fluid power products and systems for industrial and mobile equipment. The Aerospace segment provides fuel systems, hydraulic systems, pneumatic systems, electromechanical components, and fluid conveyance products for commercial and military aviation.
Eaton Corporation has a strong presence in over 175 countries across the world, with more than 92,000 employees and 250 manufacturing facilities. The company's headquarters are located in Dublin, Ireland. In 2020, Eaton Corporation reported revenues of $17.9 billion and net income of $1.4 billion.
Eaton Corporation is also dedicated to sustainability and social responsibility. The company's vision is to improve the quality of life and the environment through the use of power management technologies and services. Eaton Corporation has set ambitious goals for 2030 to reduce its greenhouse gas emissions by 50%, achieve carbon neutrality in its operations, source 100% renewable electricity globally, eliminate waste sent to landfills from its manufacturing sites, advance its diversity and inclusion efforts, enhance its governance practices, and increase its positive impact on communities. Eaton Corporation has been recognized as one of the World's Most Admired Companies by Fortune magazine⁴, one of the World's Most Ethical Companies by Ethisphere Institute, one of America's Best Employers by Forbes magazine, and one of the 100 Best Corporate Citizens by 3BL Media.
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