Madison Asset Management, LLC

Climate Impact & Sustainability Data (2024)

Apple achieved carbon neutrality in its own operations in 2020 and aims to be carbon neutral for its entire carbon footprint by 2030.
Ecolab's near-term climate goals have been approved by the SBTi (Science Based Target Initiative) and it is committed to reaching net-zero by 2050, including a 90% reduction of greenhouse gas emissions.
TE Connectivity reduced Scope 1 and 2 emissions by 72% since 2020 and 77% of its energy comes from renewable sources.

Apple integrated privacy into its new AI features with on-device processing.
Ecolab is making progress on its environmental risks and committed to transition away from the European Union’s Substances of Very High Concern (SVHC) by 2030.

Apple's Board of Directors has robust stock ownership guidelines and all directors are elected annually for a one-year term.
TE Connectivity was named to the Dow Jones Sustainability Index for the 13th consecutive year.

Long-term Goals:

Ecolab is committed to reaching net-zero by 2050, including a 90% reduction of greenhouse gas emissions.

Medium-term Goals:

Apple aims to be carbon neutral for its entire carbon footprint by 2030.
Ecolab is committed to reaching net-zero by 2050, including a 90% reduction of greenhouse gas emissions.

Eli Lilly's third-quarter results were below expectations due to the timing of new supply coming online and the marketing of its fast-growing GLP-1 products.
NextEra Energy's stock has been weak since it reported third-quarter earnings and after the election results.
Danaher's failure to provide clear guidance on the expected recovery of its bioprocessing business by 2025 led to share price volatility.
UnitedHealth Group experienced a difficult quarter due to the assassination of its insurance CEO and increased public scrutiny on the health insurance sector's business practices.
Linde's cautious economic commentary and a new cost-cutting program resulted in share price weakness.

Eli Lilly is launching its direct-to-consumer offer and entering new international markets, and new manufacturing sites are operational to meet growing demand.
NextEra Energy's fundamentals are believed to be intact, with continued growth in regulatory capital and new renewable and storage projects.
Danaher reported strong third-quarter revenue and earnings, driven by growth in its Diagnostics segment.
UnitedHealth Group is expected to return to its long-term mid-teens earnings growth algorithm.
Linde has taken proactive actions to mitigate economic headwinds.

Frameworks Used: Sustainalytics