Global Environmental
Management andSustainability Policy

Last Reviewed: May 2024
© 2024 Emerson Electric Co.

Introduction and purpose of this document
At Emerson, we believe we have an important role to play in advancing new technologies and solutions that help
improve environmental sustainability for our customers and the industries they serve. This includes enabling thedeployment of low-carbon fuels and power sources, reducing emissions, improving energy and resource efficiency,
and decreasing waste. Worldwide, our teams develop and scale new innovations that help both Emerson and ourcustomers reach environmental sustainability goals as we work together to create a healthier, cleaner planet.
As part of our longstanding commitment to operational excellence, we remain dedicated to doing our part as a global
business leader to drive tangible, sustainable business practices, and to help our customers around the world do
the same. This commitment is an integral part of the company’s strategies, management processes, and operational
practices across all our Emerson businesses.
This Environmental Management and Sustainability Policy (the “Policy”) sets forth the commitments and guiding
principles that direct our efforts in this regard. This Policy will be reviewed, and the revised version published, on anannual basis.

Scope
This Policy applies to all Emerson manufacturing operations and offices worldwide and the employees and contractors
who work in them, and to all joint ventures and subsidiaries in which Emerson has management or operational control.
With regards to our supply chain, our Supplier Code of Conduct sets forth expectations related to Environmental
Sustainability, which all suppliers must comply with. Beyond this, our Responsible Sourcing Policy sets forth Emerson’scommitment to support and assess suppliers on progression towards Environmental Sustainability best practices.

Environmental sustainability commitments
Environmental compliance forms part of the critical foundation for Emerson’s sustainability commitments andstrategies. Emerson is committed to meet or exceed applicable environmental laws and regulations, and routinely
reviews its facilities and operations to ensure legal compliance. To accelerate action on environmental sustainability,
Emerson has developed long-term targets on the reduction of GHG emissions, energy consumption and wastegeneration.
Emerson has established a target to reach net zero greenhouse gas (GHG) emissions across Scopes 1, 2 and 3 by 2045
compared to a 2021 baseline. To set us on the right pathway, by 2030, we aim to reach net zero across our operationsfor Scope 1 and 2 GHG emissions, and a 25% absolute reduction across our value chain (Scope 3 GHG emissions) from2021. These near-term targets have been approved by the Science Based Targets initiative as being in line with the1.5°C temperature trajectory, necessary to meet the goals established under the Paris Agreement.
More specifically, for 2030, Emerson is pursuing the following targets, from a 2021 baseline:••••

A 90% reduction of operations Scope 1 and 2 GHG emissions
A 35% reduction of operational energy intensity (normalized to sales)
To source 100% of renewable electricity in our operations
A 25% reduction of Scope 3 GHG emissions across our value chain (100% coverage)

Emerson has also established a zero waste to landfill goal. We are committed to achieving zero waste to landfills in
our manufacturing facilities by 2032, from the 2022 fiscal year, wherever this is compatible with local conditions andregulations. In line with widely accepted certification programs and best-practice industry standards, we define zerowaste to landfill as at least 90% diversion rate.

Emerson Environmental Management and Sustainability Policy1Guiding Principles
To translate the above commitments into concrete actions, Emerson articulates the following main guiding principles,
to be integrated into our internal environmental management practices and performance standards.

Climate Action &Greenhouse Gas(GHG) Emissions

Emerson fully supports the Paris Agreement and the associated recommendations
from the IPCC (Intergovernmental Panel on Climate Change), which state that theworld must strive to align with a 1.5ºC decarbonization pathway and reduce CO2emissions to net-zero well before 2050.
Our near-team and net-zero targets were developed in line with the current climate
science as outlined by Science Based Target initiative’s (SBTi) Net-Zero Standard. Bothof these targets have been approved by SBTi.
Facilities regularly measure their GHG emissions performance and track the progress
made towards our global goal to reduce emissions by 90% within our Scope 1 and 2
GHG emissions by 2030.

Air Emissions
ManagementEmerson sites worldwide follow applicable regulatory requirements and our internal
air emissions management standards, which in some regions exceed regulatoryrequirements.
Our environmental management practices manual outlines our internal management
standards, which include identifying and mapping air emissions sources, reviewing
permit applicability, conducting equipment evaluation for required controls.

Renewable
Electricity

Emerson works with its business partners in our value chain, leading industry
associations, and governmental authorities to collectively enable and promote theuse of renewable and clean electricity in grids across the world. We have partneredwith RE100 and CEBA as part of our commitment to source 100% of global electricity
consumption from renewable sources by 2030.
We will continue to evaluate on-site renewable investments and deploy where mostimpactful and appropriate. We substantiate our renewable electricity usage by
obtaining and retiring relevant Environmental Attribute Certificates (EACs) to matchenergy consumption levels.

Operational
EnergyEfficiency

Emerson works to continuously improve the energy efficiency of its own operations.
Our manufacturing facilities regularly measure their energy consumption levels andtrack progress toward our global goal of reducing energy intensity by 35% by 2030,
from a 2021 baseline, as normalized to sales.
Our best practices are informed by resources from external experts, such as thegovernment-sponsored industry group Energy Star Partnership. Best practices forenergy optimization are updated, documented, and disseminated internally to ourteams of stakeholders around the world. To support this continuous improvement,
Emerson facilities will consider and pursue relevant certification schemes as part oftheir environmental management programs, such as ISO 14001 and ISO 50001.

Sustainable
Product Design

Emerson is working towards embedding lifecycle thinking priorities and Eco-designprinciples into our new product development processes to reduce the environmental
impact and carbon footprint of our products.
Life cycle assessments (LCAs) provide a good perspective on the environmental impactof a product and help to inform relative priorities for reducing overall carbon for newand existing products. Emerson utilizes widely accepted processes and databases toconduct LCAs.

Emerson Environmental Management and Sustainability Policy

2Product Energy
Efficiency

Emerson sells long-lived products to essential industries worldwide. We will continue
to drive greater energy efficiency throughout our product portfolio and support
increasingly higher standards for energy efficiency and reduced emissions impact
while enabling our customers to do the same.

Sustainable
Packaging

Key to our sustainable product strategy is the packaging in which our products are
sold and transported. Our approach to sustainable packaging is focused on design
practices, key partnerships, and awareness campaigns.

WasteManagement

Emerson sites worldwide follow applicable regulatory requirements and ourinternal waste management standards, which in many regions exceed regulatory
requirements. Our environmental management practices manual outlines our internalmanagement standards, which include categorizing, separating, storing, labelling,properly disposing of waste, and personnel training. These practices are founded on
the waste hierarchy.
We regularly collect data from our manufacturing sites to track progress toward
our Zero Waste to Landfill goal. Waste service providers are also audited at regularintervals by site personnel or third-party consultants to help ensure propercompliance requirements are met.

Materials andChemicals

Emerson mitigates risk through proper management, storing, handling and disposalof waste and chemicals. This reduces potential impact on soil, groundwater, andsurface water.

Water
Management

Emerson facilities monitor and review water consumption practices, develop usage
baselines and identify potential reduction opportunities. To reduce water pollution,
Emerson facilities follow regulatory requirements and applicable permit limits
and, where applicable, best management practices with respect to the industrial
wastewater that it generates. Sites also follow our internal water management
standards, which can exceed regulatory requirements.
We regularly collect purchased water data for internal management and externalreporting purposes.

Environmental
Managementand Auditing

Emerson’s environmental compliance management consists of a regular thirdparty environmental compliance audit for our manufacturing sites. During theseaudits, independent auditors conduct detailed inspections of the facility and its
environmental records to evaluate both compliance with regulations and overall
environmental management practices.
These audits evaluate environmental regulatory compliance, as well as the overall
environmental management practices at each plant. The audit process also requires
plant environmental / sustainability managers to look beyond basic complianceto explore ways to implement more innovative and effective environmental
management practices.
In years when these facilities do not have a third-party compliance audit, local
management teams complete a self-assessment to confirm compliance withenvironmental regulations.

Emerson Environmental Management and Sustainability Policy

3

Contingency
Planning

Emerson’s environmental program eliminates or reduces the impact of any release orspill that may occur. Our sites have plans which include preventative measures as wellas emergency responses. Our environmental management practices manual outlines
our internal management standards, which include release reporting requirements,
contingency plans, and appropriate spill response.

Responsible
Sourcing

In accordance with Emerson’s Responsible Sourcing Policy, we proactively engage,
support, and review supplier performance on minimizing waste and water, and onreporting and reducing emissions. Our Supplier Code of Conduct sets forth theenvironmental sustainability principles that we expect each partner to understandand adhere to within their businesses and throughout their entire supply chain.

Education,Training, andOutreach

Emerson conducts regular training programs for environmental, and sustainability
managers at its facilities, particularly in our manufacturing operations. The programs
address matters such as changes in relevant laws and regulations, energy and GHG
emissions best practices, pollution prevention and waste minimization practices, aswell as technological developments and data reporting tools.
We work to increase the awareness of environmental sustainability issues amongst
our external stakeholders and share our expertise, knowledge, and best practices
with others across our value chain and in the communities, we operate and live in.

External
Partnerships

Partnerships with governments, industry groups and other leading organizations
are key to achieving our shared sustainability ambitions. We collaborate with others
to drive and accelerate environmental sustainability action across our value chain,communities and beyond.

External
Reporting

We are committed to ensuring transparency to our own stakeholders by publishing anannual ESG (Environmental, Social & Governance) report and by submitting responses
to the Climate Change and Water questionnaires to CDP (formerly Carbon DisclosureProject) annually.

Alignment withInternationalFrameworks

Emerson follows the calculation procedures and reporting recommendations provided
by the GHG Protocol when disclosing our organizational GHG emissions annually. We
believe global alignment in the reporting of organizations’ GHG emissions is key todrive disclosure consistency across the global market.
Emerson’s environmental disclosure is aligned with international reporting standards
and requirements, such as the Global Reporting Initiative (GRI), CDP (former CarbonDisclosure Project), the Taskforce on Climate-related Financial Disclosures (TCFD), theUN SDGs and SASB.

Verification

Scope 1 and 2 GHG emissions data is verified by an independent third-party verifier
on an annual basis.

Emerson Environmental Management and Sustainability Policy

4Roles and Responsibilities
Board of Directors

Our Board of Directors maintains general oversight for the matterscontemplated by this Policy. It has delegated responsibility to theCorporate Governance and Nominating Committee to assist theBoard in the oversight of the company’s ESG (environmental socialgovernance) initiatives and the ESG Report. The Technology andEnvironmental Sustainability Committee provides additional focus
on the oversight of Emerson’s product cybersecurity and company
environmental sustainability policies and programs, and the Audit
Committee provides audit and assurance processes oversight for
ESG reporting.

Chief Sustainability Officer (CSO)

The CSO has the responsibility of overseeing Emerson’senvironmental sustainability program, leading the Environmental
Sustainability Steering Committee and reporting updates to theBoard bi-annually.

Environmental Sustainability
Steering Committee

Emerson’s Environmental Sustainability Steering Committee,
formed in 2020, recommends strategies and drives support to help
advance Emerson’s environmental sustainability performance,
as well as to educate and encourage the use of best practices
throughout our global organization. The Committee actively works
to connect the priorities of our Board, leadership team and ourcolleagues around the world.

Energy Sourcing Committee

The Energy Sourcing Committee acts as a centralized decisionmaking body for reviewing opportunities to procure renewableenergy, and ensure compliance internationally-accepted sourcing
standards.
This group has representatives from sustainability, supply chain,finance and legal functions and works closely with our businesses
to evaluate and implement renewable energy purchases.
We also utilize third-party energy specialists who are active inenergy markets and aware of emerging opportunities.

Chief Legal Officer (CLO)

The CLO has the responsibility for overseeing environmental
compliance and auditing programs and periodically reports to theAudit Committee of the Board of Directors.

Global Business Unit
EHS leaders

Global Business Unit EHS (Environment, Health, and Safety) leaders
are responsible for implementing and carrying out environmental
compliance programs. They also oversee key site environmental
compliance and sustainability performance indicators and ensure
timely reporting.

Site Management

Manufacturing sites have an environmental and sustainability
coordinator who is responsible for compliance tasks, auditing,metrics reporting and driving sustainability initiatives at the site.

Emerson Environmental Management and Sustainability Policy

5Environmental Managementand Sustainability Policy© 2024 Emerson Electric Co.