Global Responsible
Sourcing Policy

Publication Date: March 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 make the world healthier, safer, smarter, and more sustainable.
As part of our continued efforts to improve our supply chain resiliency, we remain focused on doing ourpart as a global business leader to drive tangible, sustainable business practices, and to partner with
our suppliers around the world to 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 Policy establishes a hierarchy of expectations for supplier performance on ethics, human rights andlabor, the environment, and security systems. It establishes Emerson’s commitment to proactively support
all Emerson global locations and Emerson suppliers in these areas of compliance and performance,
to ensure equal opportunities for all suppliers, and to maintain resilient business processes all whilesatisfying our duties to our shareholders. Integrating this policy into Emerson business operations will bean ongoing journey, rather than an event, for both Emerson and our suppliers.
This Responsible Sourcing Policy (the “Policy”) will be regularly reviewed and revised.

Scope
This Policy applies to all Emerson procurement 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.
At the business unit level, Emerson must extend applicable expectations to their suppliers that areengaged in the production, supply and support of products or services for Emerson.

Responsible Sourcing GoalsRecognizing that our impact extends beyond our own operational control, we strive to integrate ourCauses and Values into our internal supply chain operations and management systems, and have framed
the following 5 goals:
Partner with Emerson suppliers who demonstrate a commitment to integrity,respect, fairness, and honesty to both their employees and the environment.
Ensure equal opportunities for all suppliers, including those who reflect thecommunities where we live and work.
Reduce our upstream Scope 3 GHG emissions by 25% by 2030 and achieve Net Zeroby 2045, compared to a 2021 baseline.
Ensure an adaptable supply chain network which anticipates evolving regulatory
requirements and customer expectations.
Develop the next generation of supply chain leaders by collaborating andpartnering with educational institutions to explore solutions to global challenges.

Emerson Responsible Sourcing Policy 1

Responsible Sourcing Expectations
Emerson’s Supply Chain Business Owners (“SCBOs”) conduct business with suppliers at various levelsof maturity, risk, and strategic importance. To effectively scale Emerson’s values and causes across oursupply base, this Policy establishes tiered expectations for SCBOs to use when engaging suppliers:•“Minimum Requirements” are mandatory behaviors and actions we expect all 			Emerson suppliers to comply with. These Minimum Requirements are set forth in the 		
Emerson Supplier Code of Conduct.

•“Advanced Requirements” are expected behaviors and actions applicable to “Selected”
suppliers and encouraged for all suppliers. Selected suppliers will be identified andconfirmed by the Program, the RSSC, and SCBOs based on their level of risk and strategic
importance. Risk assessments will be conducted and will consider a supplier’s location,size, industry, and impact on Emerson. The SCBOs will engage Selected suppliers to meet
the Advanced Requirements.

•“Best Practices” are encouraged behaviors and actions for all Emerson suppliers. TheSCBOs engage Selected suppliers to achieve Best Practices, where applicable, over areasonable period of time.

Emerson acknowledges that local laws, regulations, or rules may impose requirements on suppliers
that differ from these Policy expectations. In the event of any inconsistency between requirements orexpectations established by this Policy and local law, the higher standard shall be applied.
Reinforcing the Minimum Requirements, our SCBOs engage suppliers on the following Advanced
Requirements and Best Practices:

EthicsAdvanced Requirements:
1. Grievance Procedures — Emerson expects suppliers to have proceduresin place, in the countries they operate, for their own employees andsuppliers to report and disclose violations without fear of retaliation.

Human Rights & Labor

Advanced Requirements:
1. Human Rights and Labor Policy and Implementation — Emerson
expects suppliers to have written policies which prohibit the use ofchild or forced labor, bonded or indentured labor, debt or involuntary
servitude, any other form of modern slavery, or involuntary prison workin their operations or within their supply chain.
2. Inhumane Treatment Policy and Implementation — Emerson expects
suppliers to have written policies which prohibit harsh or inhumane
treatment of employees in their operations or within their supply chain.
3. Additional Documented Evidence — Suppliers are expected to provide
evidence of actions taken to assess and eliminate the risk of such labor
violations and inhumane treatment within their own operations and theirsupply chain, upon request.

Emerson Responsible Sourcing Policy 2Environment

Advanced Requirements:
1. Climate Action & Greenhouse Gas (GHG) Emissions — Emerson iscommitted to achieving Net Zero for Scope 1+2 emissions by 2030, andScope 3 emissions by 2045, compared to a 2021 baseline. Emerson has
a validated science-based near-term target to reduce Scope 3 emissions
by 25% by 2030, compared to a 2021 baseline. Suppliers are expected
to calculate their Scope 1, 2 and 3 emissions, set an emissions reduction
target, assess reduction opportunities, and annually report thisinformation to Emerson.
Best Practices:
1. Renewable Energy — Emerson has committed to sourcing 100%of renewable electricity across its operations by 2030. Suppliers areencouraged to purchase energy from renewable sources for use in theiroperations and facilities.
2. Science-Based Targets — Emerson’s near-term and long-term Net Zerotargets have been approved by the Science-Based Target Initiative (SBTi).
We encourage suppliers to align their climate strategies with the goalsof the Paris Agreement by, at a minimum, setting a near-term sciencebased target to be achieved within 5 to 10 years.
3. Waste — Emerson has established a zero waste to landfill goal. We
are targeting to send zero waste to landfills in our manufacturing
facilities by 2032, compared to a 2022 baseline, wherever this iscompatible with local conditions and regulations. In line with widely
accepted certification programs and best-practice industry standards,
we define zero waste to landfill as at least 90% diversion rate. We
encourage suppliers to have goals and strategies in place to ensure
the safe handling, movement, storage, disposal, recycling, reuse, ormanagement of waste.
4. Water — Emerson encourages suppliers to monitor and review water
consumption practices, develop usage baselines, and identify potential
reduction opportunities.
5. Product Sustainability — Emerson encourages suppliers to support
data collection needs for Life Cycle Assessments (LCAs) and toparticipate in collaborative opportunities with Emerson related toembedding eco-design principles into New Product Development,packaging, and transportation.

Supply Chain Security

Advanced Requirements:
1. Supply Chain Security Policy — Emerson expects suppliers to havewritten policies which require supply chain security controls within theirfacilities, with their employees, and with supply chain partners. Thesecontrols must address those set forth in the Supplier Supply Chain
Security Requirements.
Best practices:
1. Security Partnerships — Emerson encourages suppliers to register andbecome formal partners with the applicable government-industry supply
chain security partnership program(s) such as the Authorized Economic
Operator (“AEO”) program and the Customs Trade Partnership Against
Terrorism (“CTPAT”) program of the U.S. Customs and Border Protection.

Emerson Responsible Sourcing Policy 3

Roles and ResponsibilitiesVice President of Global
Supply Chain Operations

The Vice President of Global Supply Chain Operations has
the responsibility of overseeing Emerson’s Responsible
Sourcing Program, leading the Responsible Sourcing
Steering Committee and reporting updates to theEnvironmental Sustainability Steering Committeebi-annually.

Responsible Sourcing
Steering Committee

Emerson’s Responsible Sourcing Steering Committee(“RSSC”), formed in 2022, recommends and implements
strategies that drive the advancement of the company-wide
integration of Emerson causes and values into sourcing
decisions. RSSC members include supply chain leaders fromour businesses and other cross-functional Environmental
Social Governance teams, who review and approverecommendations on target-setting, communications, andincentives for compliance with this Policy.

Responsible Sourcing Program

Emerson’s Responsible Sourcing Program (“Program”) has
the responsibility of ensuring an aligned approach forbusinesses to engage suppliers and measure performanceagainst Responsible Sourcing KPIs. The Program leverages
common processes, where applicable, and establishes
common definitions, KPIs, and reporting mechanisms toenable business implementation of this policy.
The Program also has the responsibility of maintaining a
database to assess how our supply chain ensures equal
opportunity with all suppliers, including those who reflect
the communities where we live and work. Understandingthat diversity is defined differently across geographies,
Emerson will take a regional approach to identifying diverse
businesses in its supply base.

Supply Chain Business Owners

Emerson’s Supply Chain Business Owners (“SCBOs”) are
employees who manage business relationships withsuppliers and employees who maintain systems to assess
supply chain compliance. The SCBOs are responsible fordriving supplier compliance and progress towards theResponsible Sourcing goals, collecting data on supplierperformance against Responsible Sourcing KPIs, andreporting measures on supplier engagements to theProgram. The SCBOs have the responsibility of continually
maintaining and evolving management systems to align withProgram goals and strategy.

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Global Responsible
Sourcing Policy© 2024 Emerson Electric Co.