Eaton Hosts Energy Efficiency and Sustainable Urbanization Symposium in Beijing, Supporting China’s New Urbanization Plan

Date: 2014/6/05

BEIJING…Power management company Eaton today hosted the “Energy Evolution: Achieving Sustainable Urbanization in China” symposium in Beijing to lead discussions with business, public-sector and academic leaders on energy efficiency, within the broad context of China’s new urbanization plan, and how they can work together toward efficient and sustainable urbanization.

“Urbanization is an expensive investment as enormous amounts of resources will be needed to create new infrastructure. China’s rapid urbanization has resulted in increasing energy and environmental sustainability challenges,” Curt Hutchins, president for Eaton in Asia Pacific, said in his keynote speech for the symposium.

“One of the largest megatrends in China is the ever-increasing cost of energy as urbanization continues at a fast pace now and in the coming decades,” Hutchins said.  “We are all a part of the solution in overcoming today’s energy issues by increasing awareness and becoming more energy efficient. Energy efficiency is a tangible, achievable goal that virtually all organizations and businesses can attain.”

Part of a series of sustainability symposiums in China initiated by Eaton since 2011, the event was designed to create a platform for Eaton and its key partners and stakeholders to discuss how they can work together to address the largest energy challenges within the broad context of China’s massive urbanization.

In April 2014, Eaton issued its China Sustainability Report for 2013, underscoring the company’s sustainability commitment to China. It is Eaton’s sixth annual sustainability report in China since 2008. The report detailed major progress achieved in areas such as environment, health and safety performance, employee engagement and community enrichment. By sharing Eaton’s customer initiatives in supporting China’s new model of sustainable urbanization, the report also showcases the latest energy-efficient innovations in areas such as buildings, transportation, data centers and lighting.

Eaton was among the first multinational companies to issue a sustainability report in China. It has received the Golden Bee CSR Report Award by China WTO Tribune magazine and the China Business Council for Sustainable Development (CBCSD) in 2011, 2012 and 2013. The award is based on a comprehensive CSR reporting assessment system, which aims to analyze and assess CSR reports from their integrity, reliability, readability, comparability, creativity and sustainability. 

During 2013, Eaton continued to be recognized for its sustainability leadership by a variety of respected organizations in China and globally. The most recent award was the
2013 Corporate Social Responsibility Leadership Award Honorable Mention by the American Chamber of Commerce in Shanghai, which was announced on March 26. 

Eaton began its operations in China in 1993 by launching its first manufacturing facility in Jining of Shandong Province. Since then it has significantly expanded its presence to include 28 manufacturing facilities and more than 18,000 employees. Eaton has set a sales target of $2 billion in China for 2015.

Eaton is a power management company with 2013 sales of $22.0 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 101,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.