Eaton revs up creativity to multiply positive impact on sustainability
Print Edition
POWER management company Eaton has been honored the “Top 40 Most Innovative Practices Award” at the “Innovation and Development: Multinational Companies in Shanghai” Innovation Forum and Awards Ceremony. Eaton’s “Power Unit for China Electric Vehicle Bus” project, which was launched by its Corporate Research and Technology (CRT) center in China, won the award in the category of “Collaborative Innovation” for leading the way in adopting innovative practices and promoting local cooperation.
“China is a strategic pillar for Eaton’s global growth and investment in emerging markets. We’ve put significant emphasis on innovation and localization of research and development capabilities that are driving our growth in China,” said Zhou Tao, president for Eaton China. “Eaton understands global energy trends — and responds to them. We’re committed to consistently creating solutions that decrease energy consumption and reduce greenhouse gas (GHG) emissions while helping our customers achieve their sustainability goals.”
The Corporate Research and Technology (CRT) organization is Eaton’s most forward-looking R&D and technological innovation organization, committed to providing the most advanced technology innovation for the company's global business.
During 2014, Eaton invested US$647 million in research and development, continuing
its focus on solving both power management and sustainability challenges. The company continued to launch products that use less energy to create more power with greater reliability, safety and efficiency. The award-winning “Power Unit for China Electric Vehicle Bus” is one of the examples.
Eaton has a long history of helping to create a more sustainable world through its products and solutions, practices and people. Rooted in its corporate philosophy
of “Doing Business Right,” the company work with its customers and suppliers to answer the world’s growing need for power without consuming more of the world’s resources.
Last week, Eaton released its seventh sustainability report for China, highlighting
progress made in 2014 -2015 on the issues of greatest concern to Eaton and its stakeholders in China. The report, titled “Powering a Sustainable Future”, detailed Eaton’s efforts towards developing sustainable products, technologies, solutions and practices which are aimed at enabling customers to improve efficiency, reduce environmental impact and energy consumption, and protect lives. It also updates other areas of progress, including
the company’s efforts to execute more sustainable manufacturing operations, reduce the carbon footprint, empower the employees to live and work well and enhancing the communities.
Eaton’s 2014-2015 China Sustainability Report follows the Global Reporting Initiative (GRI) framework and demonstrates Eaton’s commitment to continuous improvement, increased disclosure and expanded stakeholder engagement. The vision is to go beyond “doing a lot” and instead focus on doing more of what makes the greatest impact.
“One of the most critical issues that affect us and our customers in China is the ever-increasing cost of energy as urbanization continues at a fast pace now and in the coming decades,” said Zhou. “Therefore, we are committed to helping our customers with their energy management programs and initiatives. We seek to help them administer a systematic approach including energy solutions that ensures the most efficient use of natural resources for their business, facility, or system.”
By sharing Eaton’s customer initiatives in supporting China’s sustainable urbanization,
the report showcases the latest energy-efficient innovations in areas such as buildings, transportation, data centers and lighting.
The report is Eaton’s seventh sustainability report in China since 2008. Underscoring its sustainability commitment, Eaton has also organized its series of sustainability symposiums in China since 2011 to prepare people and corporations for the challenges and opportunities that come from embracing a culture of sustainability and energy conservation.
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