Emerson Receives Bosch Global Supplier Award Recognizing Sustainability and Emissions Progress

Prestigious award honors Bosch's best suppliers, highlights Emerson's significant efforts to achieve
ambitious net zero emissions goals

LAATZEN, Germany, July 26, 2023 /PRNewswire/ -- Global technology and software company Emerson (NYSE: EMR) received the 2023 Bosch Global Supplier Award, placing the company among a select global group of Bosch's most valued suppliers helping drive innovation in pursuit of sustainability targets and their commitment to climate neutrality. Emerson earned the Global Supplier Award for Sustainability, recognizing the company's exemplary commitment to climate neutrality and comprehensive efforts to reduce greenhouse gas (GHG) emissions.

"Sustainable supply chains strengthen global prosperity and benefit society," said Dr. Arne Flemming, Bosch's head of supply chain management. "We especially honor our suppliers' commitment to climate action with an award in the special 'Sustainability' category."

Emerson is a longtime automation partner to Bosch. Emerson's global factory automation solutions portfolio helps companies meet their carbon neutral milestones. Emerson recently announced it has achieved a 42% reduction in greenhouse gas emissions intensity from the 2018 baseline, surpassing its original 20% target six years ahead of schedule. Emerson has an A- score from the Carbon Disclosure Project and prioritizes advancing solutions that impact the environment: 70% of its revenue* is tied to sustainability-enabling technologies for customers.

"Emerson is deeply honored to receive the 2023 Bosch Global Supplier Award in the Sustainability category," said Emerson Chief Sustainability Officer Mike Train. "Our efforts are having a measurable impact as we partner with customers to make the world healthier, safer, smarter and more sustainable. We will continue to take actions that tackle emissions across our global operations while supporting our customers in their decarbonization efforts and the broader communities we serve."

Since 1987, Bosch has presented these awards every two years to its top suppliers in categories covering sustainability, purchasing of indirect materials and services, and raw materials and components. From its approximately 35,000 global suppliers, Bosch recognized Emerson and 45 other suppliers from 11 countries for the Global Supplier Awards on July 14, 2023, at the International Congress Center in Dresden, Germany.

For more information on Emerson's environmental sustainability programs and initiatives, visit https://www.emerson.com/esg

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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.

*Sustainability Enabling Technologies are defined as Emerson's technologies which are capable of being utilized for sustainability enabling activities based on the following criteria: Energy source decarbonization – products or solutions that assist in the production of renewable and clean power (such as wind, solar, hydro, geothermal or nuclear power) as well as products or solutions that assist in the production of clean and low-carbon fuels (such as biofuels, biomass or hydrogen); energy & emissions management – products or solutions that contribute to improvements and the optimization of energy usage, reduction of harmful emissions, and the capture, utilization and storage of carbon emissions; electrification & grid systems – products or solutions that support energy storage, electricity transmission and distribution, workforce safety and productivity, and the value chain of critical minerals and batteries; and circularity & waste management – products or solutions that support the production of bio-based and lower carbon materials, resource efficiency and waste management, improved circularity and recycling efforts, as well as water management activities. Neutral technologies such as services, enclosures, mechanical devices and buyouts are excluded from sustainability enabling technologies as they do not have a direct impact enabling any of the criteria discussed. Emerson's definition of sustainability enabling technologies is not intended to and does not align to any governmental or other third-party taxonomy or framework.

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SOURCE Emerson