Otis Singleton
Emerson Electric Co., headquartered in St. Louis, Missouri, is an American multinational corporation that delivers a range of engineering services, manufactures industrial automation equipment, and provides software engineering solutions. The company operates in over 150 countries and supports a broad range of industries, including oil and gas, power generation, chemicals, water treatment, and aerospace and defense solutions. Emerson has a strong focus on sustainability and corporate social responsibility and has made significant strides in reducing its environmental footprint. The company's commitment to ethical behaviour and integrity is evident through its comprehensive Ethics and Compliance Program, which includes an Employee Code of Conduct handbook and various supplementary documents outlining the ethical responsibilities of its employees, executives, and directors.
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What You'll Learn
Emerson Electric's commitment to sustainability and corporate social responsibility
Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. The company has a long history of innovation and leadership in the engineering and technology industries. Emerson's commitment to sustainability and corporate social responsibility is evident in its efforts to reduce its environmental footprint, improve energy efficiency, reduce emissions, and contribute to community development.
Emerson has made significant progress in reducing its environmental impact. According to its 2023 sustainability report, the company achieved a 52% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity compared to 2021 levels. Additionally, Emerson procures 49% of its electricity from renewable sources and has set long-term goals for further emissions reductions. The company was recognised for these efforts, being named the 2023 Energy Star Partner of the Year for energy management. Emerson's dedication to sustainability is also reflected in its product offerings, which include advanced process automation, control systems, and software solutions that help industries such as oil and gas, power generation, and chemicals optimise their manufacturing processes while reducing their environmental impact.
Emerson's commitment to sustainability is closely linked to its focus on innovation. The company prioritises technological advancements and digital transformation to drive sustainable operations and create sustainable solutions for its customers. Emerson's next-generation industrial and factory automation technologies help manufacturers access and harness critical data to optimise efficiency and productivity while ensuring safe, reliable, and sustainable processes. Emerson's portfolio of solutions includes advanced sensors, wireless technology, and operations management software that enable businesses to make faster and more intelligent decisions, improve energy efficiency, and reduce their carbon footprint.
Emerson's commitment to corporate social responsibility extends beyond its environmental initiatives. The company prioritises ethical behaviour and integrity in all its business dealings, as outlined in its Ethics and Compliance Program. Emerson's Employee Code of Conduct handbook sets the standard for all employees to demonstrate uncompromising ethical standards in their interactions with customers, suppliers, governments, the public, and each other. The company is also committed to promoting STEM education and programs that foster critical thinking and problem-solving skills in the next generation. Additionally, Emerson values its diverse and inclusive workforce, striving to create an environment where all employees can reach their greatest potential.
Overall, Emerson Electric's commitment to sustainability and corporate social responsibility is evident in its environmental initiatives, technological advancements, ethical business practices, and contributions to society. The company's efforts to drive innovation and create sustainable solutions position it as a leader in its industry, contributing to a healthier, safer, smarter, and more sustainable world.
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Emerson's ethics and compliance program
Emerson is committed to conducting its business with honesty, integrity, and in compliance with all applicable laws. The Emerson Ethics and Compliance Program has several primary guidance documents that outline the responsibilities of its employees, executive officers, directors, and senior financial officers.
The Employee Code of Conduct handbook outlines the responsibilities of all employees, requiring them to demonstrate uncompromising ethical standards in all their dealings with customers, suppliers, governments, the public, and each other. Emerson's commitment to ethical behaviour creates trusting relationships with its customers, suppliers, and communities. All employees are required to complete the company's annual ethics training, with over 150,000 regulatory compliance training courses completed by employees in one year.
The Executive Officer Supplement addresses the special responsibilities of the company's executive officers, while the Director Supplement outlines the responsibilities of members of the Board of Directors. The CEO and Senior Financial Officers Code of Ethics addresses the special responsibilities of directors and executive officers, ensuring that those who represent Emerson uphold an unwavering level of integrity.
Emerson prioritises sustainability and corporate social responsibility. The company actively pursues goals related to energy efficiency, emissions reduction, and community development, working towards carbon neutrality in its operations. Emerson's dedication to robust corporate governance and ethics enables the company to navigate challenges with integrity and deliver superior value to its shareholders. Emerson's commitment to addressing ESG issues is vital to maintaining the trust of its employees, customers, suppliers, and communities. The company is also a member of the Responsible Minerals Initiative (RMI), working to ensure responsible mineral sourcing in supply chains.
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Emerson's employee code of conduct
Emerson is a global technology, software, and engineering company that strives to make the world a healthier, safer, smarter, and more sustainable place. The company's commitment to ethical behaviour and integrity is evident in its business practices and employee code of conduct.
The Emerson Ethics and Compliance Program outlines the responsibilities of all employees, with a focus on maintaining uncompromising ethical standards in all dealings with customers, suppliers, governments, the public, and fellow employees. Emerson's Employee Code of Conduct handbook is a key component of this program, ensuring that employees act responsibly and in line with the company's purpose.
The code of conduct emphasizes honesty and ethical behaviour as the foundation for building trusting relationships with all stakeholders. Emerson employees are expected to demonstrate integrity and comply with all applicable laws and regulations. The company prioritizes sustainability and corporate social responsibility, with goals related to energy efficiency, emissions reduction, and community development.
Emerson's commitment to ethical practices is further reinforced by its annual ethics training for all employees. The company also offers an ethics reporting website and hotline operated by an independent third party, ensuring anonymity for employees who wish to report concerns.
By upholding these ethical standards, Emerson strives to create an inclusive work environment that attracts, develops, and retains exceptional talent, enabling employees to reach their full potential. The company's dedication to ethics and integrity is a key driver of its success and contributes to its trusted reputation globally.
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Emerson's stance on responsible mineral sourcing
Emerson is a global technology, software, and engineering leader that is committed to conducting its business with honesty, integrity, and in compliance with all applicable laws. The company's purpose is to drive innovation that makes the world healthier, safer, smarter, and more sustainable. Emerson is dedicated to the highest standards of business ethics and operations and adheres to guidelines from leading ESG (Environmental, Social, and Governance) organizations.
Emerson is a member of the Responsible Minerals Initiative (RMI) and is committed to ensuring responsible mineral sourcing in its supply chains. The company has published a Conflict Minerals Reporting Template and a Specialized Disclosure Report, which provide information on its efforts to ensure responsible sourcing. Emerson's Operations Management Software also helps the company manage its supply chain efficiently and sustainably.
In addition to its focus on responsible mineral sourcing, Emerson prioritizes sustainability throughout its operations. The company has achieved a significant reduction in energy intensity, with 49% of its electricity procured from renewable sources worldwide. Emerson has also reached a 56% waste diversion rate for non-hazardous waste across its global manufacturing sites and is committed to accelerating decarbonization.
Overall, Emerson's stance on responsible mineral sourcing is aligned with its broader commitment to ethical and sustainable business practices. The company strives to create sustainable solutions, drive innovation, and address the world's biggest challenges through its technology, software, and engineering expertise.
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Emerson's environmental, social and governance (ESG) performance
Emerson Electric Co. is an American multinational corporation with a commitment to technological advancements, sustainability, and corporate social responsibility. The company's environmental, social, and governance (ESG) performance is guided by its purpose to drive innovation that makes the world healthier, safer, smarter, and more sustainable.
Environmental Performance
Emerson has made significant strides in reducing its environmental footprint and has set ambitious goals for further emissions reductions. According to its 2023 Sustainability Report, the company achieved a 52% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity compared to 2021 levels. Additionally, Emerson procures 49% of its electricity from renewable sources and has been named the 2023 Energy Star Partner of the Year for energy management. The company is actively pursuing decarbonization and carbon neutrality in its operations, with a focus on renewable energy sectors. Emerson's products and services also contribute to sustainability, with offerings such as advanced process automation, control systems, and software solutions that help industries optimize their manufacturing processes and reduce emissions.
Social Performance
Emerson demonstrates a strong commitment to ethical behavior, honesty, and integrity in its business dealings. The company promotes STEM education and programs that foster the next generation of critical thinkers and problem solvers. It prioritizes inclusion and empowerment, with a focus on creating an inclusive work environment where all employees can reach their greatest potential. Emerson also actively listens to its customers to deeply understand their needs and deliver unique solutions. The company's dedication to robust corporate governance and ethics has helped build trust with its employees, customers, suppliers, and communities.
Governance Performance
Emerson's governance structure is marked by its commitment to rigorous ethical standards and compliance with applicable laws. The company has an Ethics and Compliance Program that includes guidance documents such as the Employee Code of Conduct handbook, outlining the responsibilities of all employees. Emerson is a member of the Responsible Minerals Initiative (RMI), ensuring responsible mineral sourcing in supply chains. The company also prioritizes regulatory compliance training for its employees, with over 150,000 training courses completed. Emerson's Board of Directors and executive leadership team are expected to uphold the highest levels of integrity, as outlined in the Director Supplement and Executive Officer Supplement.
Overall, Emerson Electric's ESG performance aligns with its purpose to drive innovation and create a positive impact on the world, demonstrating a commitment to sustainability, ethical behavior, and strong governance practices.
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Frequently asked questions
Emerson Electric has an Ethics and Compliance Program that includes an Employee Code of Conduct handbook, an Executive Officer Supplement, a Director Supplement, and a CEO and Senior Financial Officers Code of Ethics. The company requires all employees to complete annual ethics training and has an ethics reporting website and hotline operated by an independent third party. Emerson Electric is committed to conducting its business with honesty, integrity, and in compliance with all applicable laws.
Emerson Electric prioritizes sustainability and corporate social responsibility. The company is actively pursuing goals related to energy efficiency, emissions reduction, and community development. According to its 2023 sustainability report, Emerson Electric achieved a 52% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity compared to 2021 levels and procures 49% of its electricity from renewable sources.
Emerson Electric's advanced technologies and sustainable solutions contribute to improving health and safety globally. Their innovations include next-generation automation, data analytics, and artificial intelligence, as well as products and services for the oil and gas, power generation, chemicals, and water treatment industries. Emerson Electric also promotes STEM education and programs to foster the next generation of critical thinkers and problem solvers.
Emerson Electric is committed to social responsibility and governance, focusing on decarbonization, employee empowerment, and community development. They are a member of the Responsible Minerals Initiative (RMI), ensuring responsible mineral sourcing in supply chains. The company also prioritizes an inclusive work environment, attracting and retaining diverse talent.
Emerson Electric has a Responsible Sourcing Policy and a Supplier Code of Conduct to guide supplier performance and management. They have trained over 3,700 employees on sustainability and supplier conduct topics. The company has also achieved CDP Supplier Engagement Leader status for two consecutive years, demonstrating their commitment to ethical and responsible sourcing practices.
