A Message from Board Chair James S. Turley: Delivering on ESG Commitments

Dear Stakeholders,

Environmental, social and governance topics have never been more important to the vitality of the company and our world — and the Board is energized by Emerson’s refreshed focus on progress in this area.

The Board of Directors is a critical partner in determining and evolving company strategy. As we partner with Lal to catalyze growth and anticipate customer needs, we have a particular focus on environmental initiatives, as more and more companies around the world prioritize setting, measuring and progressing toward sustainability targets.

Emerson’s Environmental Sustainability Steering Committee, formed in 2020, is driving actions to enhance Emerson’s environmental initiatives and encourage best practices throughout the organization. In this spirit, the committee continued to develop working groups in 2021 to enhance the company’s global value chain, including efforts focused on Emerson’s supply chain and energy sourcing. Looking ahead, the committee is supportive of Emerson’s net zero target and energy-reduction targets, as well as the work to advance key innovations and participation in leading global climate forums.

The Board is also supportive of the accelerated vigor surrounding Emerson’s people and culture initiatives, spearheaded by Lal and the company’s leadership team.

The energy surrounding diversity, equity and inclusion is reflected among the Board — and we are focused on ensuring the Board is diverse in backgrounds, experiences and expertise.

In 2022, 45% of our directors are women or persons of color, and four of our six new directors over the last five years have been gender or ethnically diverse. Women play a strong leadership role on the Board, leading two of our three required committees and holding two positions on the Executive Committee.

The actions taken by Emerson in 2021 set a strong ESG foundation — and I speak for the entire Board when I say I look forward to continuing to serve as a partner to the company in advancing this strategy in the months and years to come.

Sincerely,
James Turley
Chair, Emerson Board of Directors