Climate Change Data

Vontier Corporation

Climate Impact & Sustainability Data (2020-10 to 2021-12, 2022, 2023)

Reporting Period: 2020-10 to 2021-12

Environmental Metrics

Total Carbon Emissions:37,865 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:19,944 tCO2e/year
Scope 2 Emissions:17,922 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Action
  • Employee Well-being
  • Diversity & Inclusion
  • Safety
  • Responsible Supply Chain

Environmental Achievements

  • Reduced absolute Scope 1 and 2 GHG emissions by 8% from 2020 baseline (3,217 metric tons of CO2e)
  • 69% of manufacturing sites achieved ISO 14001 certification by 2021
  • ANGI's CNG technology reduces GHG emissions by up to 30% and tailpipe emissions by up to 95% compared to petroleum products.

Social Achievements

  • 36% improvement in global health and safety risk scores
  • Achieved ISO 45001 Occupational Health and Safety certifications at some manufacturing sites
  • Military Friendly Employer recognition and a perfect score on the Human Rights Campaign (HRC) Foundation’s Best Places to Work for LGBTQ+ employees
  • Launched Vontier Foundation, donating over $500,000 in 2021
  • Over 2,000 employees participated in Vontier Day of Caring

Governance Achievements

  • First ESG report developed from SASB and GRI standards
  • Established ID&E Advisory Board and Action Plans
  • Speak Up! program for reporting compliance concerns

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Medium-term Goals:
  • Reduce absolute Scope 1 and 2 GHG emissions by 45% by 2030 from 2020 baseline
  • Achieve 35% representation of women globally and 28% representation of diverse talent at senior management levels in the US by 2027
Short-term Goals:
  • Reduce TRIR to 0.34 and DART to 0.28 by 2026
  • Achieve ISO 45001 certifications at all manufacturing sites by 2026

Environmental Challenges

  • Supply chain complexity
  • New safety, security, and environmental regulations
  • Climate-related risks to business, customers, suppliers, and communities
Mitigation Strategies
  • Forward-looking solutions and strategic mergers and acquisitions
  • Robust privacy and data protection programs
  • Comprehensive enterprise risk management program
  • Energy kaizens to reduce energy usage and emissions
  • Partnership with MIT Climate & Sustainability Consortium

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • Conflict Minerals Policy Statement

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • New regulations
  • Market shifts
Opportunities
  • Development of energy-efficient products and alternative energy solutions

Reporting Standards

Frameworks Used: SASB, GRI

Certifications: ISO 14001 (partially), ISO 45001 (partially)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 10: Reduced Inequalities
  • SDG 11: Sustainable Cities and Communities
  • SDG 13: Climate Action
  • SDG 16: Peace, Justice and Strong Institutions

Vontier's initiatives contribute to these goals through product offerings, employee programs, and community engagement.

Sustainable Products & Innovation

  • ANGI alternative energy refueling systems
  • Driivz EV charging platform
  • Sparkion Smart Energy Storage
  • VaporTEK vapor recovery technology
  • Teletrac Navman telematics for fleet fuel efficiency

Awards & Recognition

  • Military Friendly Employer
  • Perfect score on HRC’s Best Places to Work for LGBTQ+

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:33,143 tCO2e/year (Scope 1+2)
Scope 1 Emissions:16,001 tCO2e/year
Scope 2 Emissions:17,142 tCO2e/year
Scope 3 Emissions:1,600,000 tCO2e/year (estimated 2020)
Total Energy Consumption:132,229 MWh/year

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Employee Well-being
  • Community Impact
  • Innovation & Digitization
  • Supply Chain Management
  • Data Security

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by 19% from 2020 baseline.
  • Reduced Scope 1 and 2 GHG emissions by 19% from 2020 baseline. Midterm 2030 Scope 1, 2, and 3 goals validated by SBTi.
  • Six facilities powered by 100% renewable energy.
  • 77% of manufacturing sites are ISO 14001 certified.
  • Driivz solutions prevented 267,000 tons of CO2e and delivered 345 GWh of total energy.

Social Achievements

  • Reduced Total Recordable Incident Rate (TRIR) by 30%.
  • Increased representation of racial or ethnic minorities at leadership levels in the US from 20% to 24%.
  • Increased global women leaders from 28% to 29%.
  • Over 4,000 employees participated in Day of Caring, totaling over 32,000 volunteer hours.
  • Launched Journey to Allyship program to promote inclusion.

Governance Achievements

  • Received a “B” score from CDP’s Climate Change disclosure.
  • Received limited assurance of 2022 Scope 1 and 2 GHG emissions from an accredited third party.
  • Investigation case closure time decreased from 44 to 38 days on average.
  • 98% of eligible employees completed Code of Conduct training.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050.
Medium-term Goals:
  • Reduce absolute Scope 1 and 2 GHG emissions by 45% by 2030 from a 2020 base year.
  • Reduce absolute Scope 3 GHG emissions by 25% by 2030 from a 2020 base year.
  • At leadership levels, achieve 35% representation of women globally and 28% representation of ethnic or racial minorities in the US by 2027.
Short-term Goals:
  • Reduce TRIR to 0.34 and DART to 0.28 by end of 2026.
  • 100% implementation of water risk assessments and conservation plans at high-priority manufacturing sites by end of 2026.
  • Achieve 100% ISO 14001 certification of manufacturing sites by 2026.

Environmental Challenges

  • Reducing Scope 3 emissions (a new goal for Vontier).
  • Managing water risk in high-priority manufacturing sites.
  • Supply chain disruptions (implied).
Mitigation Strategies
  • Developed alternative sourcing strategies (implied).
  • Completed a baseline analysis of Scope 3 GHG emissions and begun engaging with suppliers and customers to identify reduction opportunities.
  • Outlined a goal for reducing water use and plan to publish a Vontier Water Management Policy.
  • Conducting energy kaizens to reduce energy usage and emissions.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI, SASB, TCFD (implied)

Certifications: ISO 14001 (77% of manufacturing sites), ISO 45001 (54% of manufacturing sites)

Third-party Assurance: Accredited third-party (limited assurance for Scope 1 and 2 GHG emissions)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 10 (Reduced Inequalities)
  • Goal 13 (Climate Action)
  • Goal 16 (Peace, Justice and Strong Institutions)

Vontier's initiatives contribute to these goals through various programs and products.

Sustainable Products & Innovation

  • Driivz EV charging network software
  • Sparkion AI-driven energy management
  • VaporTEK vapor recovery system
  • Biofuel Blending System (BBS)
  • Additive Injection System (AIS)
  • NoPileups technology
  • TunnelWatch technology
  • Invenco iNFX payment solution
  • Hydrogen refueling technologies

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:24,749 tCO2e/year (Scope 1+2)
Scope 1 Emissions:12,032 tCO2e/year
Scope 2 Emissions:12,717 tCO2e/year
Scope 3 Emissions:1,600,000 tCO2e/year (approx.)
Renewable Energy Share:11%
Total Energy Consumption:115,666 MWh/year
Carbon Intensity:0.000037 MWh per revenue sales

ESG Focus Areas

  • Climate Change and GHG Emissions
  • Employee Diversity and Inclusion
  • Energy Management
  • Employee Health and Safety
  • Workforce Management
  • Physical and Socio-political Risks
  • Customer Privacy and Data Security
  • Transition to Renewables and Alternative Energies

Environmental Achievements

  • 40% reduction in absolute Scope 1 and 2 GHG emissions from 2020 base year
  • 83% of global manufacturing sites ISO 14001 certified
  • 77% of manufacturing waste diverted from landfills in 2023
  • 1,000 trees planted in Coimbatore, India

Social Achievements

  • 36% reduction in Total Recordable Incident Rate (TRIR)
  • 47% reduction in Days Away, Restricted, or Transferred (DART)
  • 32% representation of women in global leadership (up from 29% in 2022)
  • 27% representation of ethnic or racial minorities in US leadership (up from 24% in 2022)
  • 54% employee participation in Day of Caring community service
  • $940,000+ in charitable donations
  • $142,000 in scholarships awarded

Governance Achievements

  • Launched a new Integrity Representative initiative
  • Updated third-party representative due diligence process
  • 39-day average closure rate for Speak Up! reports

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Short-term Goals:
  • Reduce Scope 1 and 2 GHG emissions by 45% by 2030 (from 2020 baseline)
  • Reduce Scope 3 GHG emissions by 25% by 2030 (from 2020 baseline)
  • Implement water risk assessments and conservation plans at 100% of high-priority manufacturing sites by 2026
  • Divert 90% of manufacturing facility waste from landfills by 2030

Environmental Challenges

  • Reducing Scope 3 GHG emissions (98% of total emissions)
  • Implementing water risk assessments and conservation plans at all high-priority manufacturing sites
Mitigation Strategies
  • Working with suppliers and customers to identify joint GHG reduction opportunities
  • Establishing an annual questionnaire process to collect Scope 3 GHG emissions data from top suppliers
  • Publishing Vontier Water Management Policy
  • Adding new tools for identifying water-related conservation opportunities to VBS toolkit
  • Completing preliminary site assessments to identify water scarcity and quality risks

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Human Rights Policy

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: SASB, TCFD, GRI, UNGC

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Accredited third party (limited assurance for Scope 1 and 2 emissions)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 10 (Reduced Inequalities)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 13 (Climate Action)
  • Goal 16 (Peace, Justice, and Strong Institutions)

Vontier's products and services support the transition to a decarbonized future, promote inclusive workplaces, and contribute to sustainable cities and communities.

Sustainable Products & Innovation

  • ANGI hydrogen dispensing technology
  • Driivz EV charging network management platform
  • Gilbarco Veeder-Root BioFuel Blending System
  • Matco Tools for EV maintenance

Awards & Recognition

  • Newsweek's America's Most Responsible Companies
  • MSCI ESG AA Leader
  • Sustainalytics Low Risk
  • Carbon Disclosure Project 'B'
  • EcoVadis Silver and Bronze ratings
  • British Safety Council International Safety Awards 2024 Distinction Winner
  • JUST Capital Top Performer on Employee Wellness