MASHINIi

ABB LTD..

ABB.US | Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus

ABB Ltd is a technology company operating in electrification, robotics, automation and motion, serving customers in utilities, industry, transport and infrastructure globally. The company's electrification business provides products, solutions and services from substation to socket. Its robotics and...Show More

Ethical Profile

Mixed.

ABB's ethical standing presents a mixed record. In May 2023, the company experienced a confirmed ransomware attack by the Black Basta group, with reports of data exfiltration. Significant gender pay gaps persist, with women in the UK earning 72p for every £1 earned by men, and gaps reaching 34.7% in Australia. ABB has also faced employment-related penalties, including for discrimination, and over $1.19 million in environment-related fines. Conversely, ABB has achieved a 78% reduction in Scope 1 and 2 emissions since 2019. The company also shows strong progress in waste management, with facilities achieving zero waste to landfill and an 86% recycling rate across operations in 2022.

Value Scores

Better Health for All20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing20
-100100
Honest & Fair Business-30
-100100
Kind to Animals0
-100100
No War, No Weapons-80
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech-40
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

20

During the COVID-19 pandemic, ABB demonstrated exceptional crisis response capabilities by deploying robotic solutions that automated neutralizing antibody tests, boosted testing capacity, and accelerated vaccine development. For instance, ABB robots processed up to 1,800 COVID-19 samples daily in Taiwan

1
and helped Singapore meet high testing targets, reducing staff strain and exposure
2
. The company also contributes to positive health externalities by enabling customers to avoid 66 megatons of GHG emissions in 2024
3
and 204 megatons cumulatively since 2022
4
, and by eliminating potent greenhouse gases like SF6 in hospital electrical systems
5
. Furthermore, ABB's robotic and smart building solutions strengthen healthcare workforce capacity by automating routine tasks, reducing staff workload, and freeing up medical personnel for skilled care, as seen in efforts to address pharmacy labor shortages in China
6
.

Fair Money & Economic Opportunity

0

ABB.US is a technology company specializing in electrification, robotics, automation, and motion, not a financial institution. The provided articles detail the company's diversity and inclusion initiatives, as well as community engagement through humanitarian aid and educational programs focused on robotics and automation. However, no evidence was found regarding financial products, lending services, customer financial data, or any other activities directly relevant to the 'Fair Money & Economic Opportunity' value's KPIs, which are designed to assess financial institutions. Consequently, all KPIs for this value are omitted due to a lack of applicable evidence based on the company's business model.

Fair Pay & Worker Respect

10

In ABB Limited (UK), women earned 72p for every £1 earned by men in median hourly pay as of April 2023.

1
The Lost-Time Injury Frequency Rate (LTIFR) was 0.15 in 2024, which the company notes is at industry-leading levels; however, in 2024, there was one workplace-related fatality and one business travel related fatality.
2
Approximately 45% of ABB’s employees worldwide are covered by collective bargaining agreements.
3
The employee engagement score was 78 out of 100 in 2024, which the company considers a top-tier score.
4

Fair Trade & Ethical Sourcing

20

ABB reported zero substantiated forced or child labor findings in its supply chain for the last three years (2022-2024).

1
In 2024, four concerns related to supply chain providers were identified, with two remaining under review and two unsubstantiated.
2
The company maintains strong supplier-monitoring systems, including the Sustainable Supply Base Management (SSBM) program, which covered 68% of spending on high-risk suppliers in focus countries by the end of 2024.
3
All ABB suppliers are contractually required to adhere to the ABB Supplier Code of Conduct, ensuring 100% coverage of enforceable ethical-sourcing clauses.
4
ABB updated its SCoC in 2023, effective January 1, 2024, and terminated business with seven suppliers in 2023 due to unsatisfactory progress on corrective action plans.
5

Honest & Fair Business

-30

ABB has an anti-corruption policy that prohibits bribery in all forms, including facilitation payments, and outlines policies regarding gifts, entertainment, expenses, charitable contributions, and representatives.

1
The company provides various channels for reporting suspected violations, including a 24/7 helpline, line managers, Legal & Integrity officers, and HR.
2
Confidentiality is emphasized for reporters, and a global investigations team handles these reports.
3
A change in helpline providers occurred on September 2, 2024, which may lead to delays in responding to inquiries from August 28, 2024, onwards.
4

Kind to Animals

0

No specific, scorable evidence for ABB.US (ABB LTD.) was found across the provided articles regarding its animal welfare practices, policies, or impact. Articles discussing animal welfare were attributed to different companies (Abbott

1
, AbbVie
2
, AB Agri
3
) or focused on general conservation efforts by a zoo
4
. The articles directly related to ABB Ltd. (global.abb
5
and campaign-mo.abb.com
6
) either contained only general sustainability policy statements not specific to animal welfare
7
, or explicitly stated a lack of specific data on animal welfare practices, testing, or sourcing
8
.

No War, No Weapons

-80

ABB had a $200 million contract in 2000 to provide design and key components for light water nuclear reactors to North Korea, which produce plutonium that needs refining before it can be weaponized.

1
This sale occurred before North Korea was placed in the 'axis of evil' and withdrew from the nuclear non-proliferation treaty in 2002.
2
A non-executive director, Donald Rumsfeld, was informed about this project, but his office stated it was not brought before the board for a vote.
3
Additionally, ABB provides measurement instruments for infrared signature characterization in the defense sector.
4

Planet-Friendly Business

-20

ABB's Net Zero emissions reduction targets were validated by the Science Based Targets initiative (SBTi) in 2024.

1
Its Scope 1 and 2 targets are aligned with a 1.5°C pathway, while its 2030 Scope 3 target is aligned with a well below 2°C pathway, and its 2050 Scope 3 target is aligned with a 1.5°C pathway.
2
In FY 2024, 95% of ABB's electricity was sourced from renewables.
3
The company achieved a waste diversion rate of 94.2% in 2024, with 5.8% of total waste sent to landfill.
4
As of 2022, 14% of ABB's capital expenditure was aligned with the EU Sustainable Taxonomy.
5
In 2024, 41% of ABB's product portfolio was assessed for its circularity approach.
6

Respect for Cultures & Communities

20

ABB has 13 distinct formal partnerships with local community groups and organizations, including four in India (Lila Poonawalla Foundation, Sambhav Foundation, Association of People with Disability, Paryavaran Mitra)

1
, a corporate-level agreement with the International Committee of the Red Cross (ICRC)
2
, membership in Nobel International Partners
3
, a renewed partnership with the World Childhood Foundation
4
, a collaboration with the National Urban League in the U.S.
5
, a 15-year association with Junior Achievement Italia
6
, a partnership with Harb Electric in Beirut
7
, partnerships with Ashesi University and ETH Zurich
8
, and an enhanced partnership with the International Federation of Red Cross and Red Crescent Societies (IFRC).
9
No cultural appropriation incidents were reported in 2023.
10

Safe & Smart Tech

-40

ABB experienced a ransomware attack in May 2023

1
, which involved unauthorized access to its IT environment and exfiltration of certain data
2
, though customer systems were not directly impacted
3
. The company contained the incident
4
and is enhancing security
5
. ABB adheres to ISO 27018 for its digital solutions
6
and holds exida’s IEC 62443-2-4 certificate for its ABB Ability System 800xA
7
. All ABB Ability™ solutions are "secure by design"
8
, with cybersecurity experts involved from day one of development
9
. The company encrypts all data in ABB Ability™ databases
10
and all data stored by ABB Ability™ solutions
11
, with all communication across the edge boundary also encrypted
12
. ABB solutions minimize personal data use
13
, anonymize where possible
14
, and log only necessary data
15
, retaining it only as needed
16
. The company adheres to GDPR, CCPA, and other international data protection regulations
17
, and monitors compliance through audits
18
. Users are provided with data privacy rights including access, correction, erasure, restriction, portability, objection, and withdrawal of consent
19
. ABB supports and campaigns for the global adoption of a Data Bill of Rights
20
.

Zero Waste & Sustainable Products

0

In 2024, ABB achieved a 94.2% waste diversion rate, with 5.8% of waste sent to landfill.

1
53% of its global sites have achieved zero waste to landfill status.
2
ABB's motors and drives are 90% to 98.5% recyclable, and the Azipod propulsion system is up to 95% recyclable.
3
Products incorporate recycled content, such as cable protection crafted from 50% recycle-based polyamide and injection molding processes using 25% recycled material.
4
One manufacturing site reduced its mixed plastic waste by 50%.
5
By the end of 2024, 41% of the product and solution portfolio had been assessed under its circularity approach, with a target of 80% coverage by 2030.
6
In 2022, the company implemented nearly 60 waste reduction and recycling projects, saving an estimated 700 tons of waste annually.
7
ABB aims for zero waste to landfill and 80% of products and solutions covered by its circularity approach by 2030.
8

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.