The Filtration for a Thriving Future sustainability strategy includes the following fiscal year 2030 strategic ambitions:
Greenhouse Gas Emissions
Donaldson is targeting an absolute reduction of its Scope 1 and 2 greenhouse gas emissions by 42% by the end of fiscal year 2030 from a fiscal year 2021 baseline. This ambition, along with the execution roadmap, is science-based and aligns with the Intergovernmental Panel on Climate Change (IPCC) 1.5°C global warming scenario.
Employee Health & Safety
Donaldson is committed to providing safe and healthy workplaces. The company aims to have year-over-year reductions in life-changing events and consistently have zero life-changing events by the end of fiscal year 2030.
Diversity, Equity & Inclusion
Donaldson aspires to recruit, retain, develop and promote a workforce that reflects the diversity of the communities in which it works. The company is aiming to increase the number of women in global leadership positions to 35% by the end of fiscal 2030 starting from a January 2023 baseline. Donaldson also strives to make progress toward gender parity and to improve racial and ethnic representation in leadership positions.
Community Engagement & Giving
Donaldson is aiming to increase charitable giving through the Donaldson Foundation by 25% every four years, giving cumulatively at least US$13.5 million from fiscal year 2022 to fiscal year 2030, to organizations within Donaldson’s communities with a focus on meeting educational needs.
“I am extremely proud of the progress we have made toward our ambitions, including significant reductions in greenhouse gas emissions, improving our safety performance and advancing our efforts to foster a diverse and inclusive culture,” said Tod Carpenter, chairman, president and CEO of Donaldson. “We continue to deliver and grow a product portfolio that helps create a cleaner world and enables sustainable outcomes for our customers. I look forward to continuing progress with the introduction of our sustainability strategy, Filtration for a Thriving Future.”
Donaldson released the new strategy and ambitions as part of its fiscal year 2022 Sustainability Report.