how we work
Sustainability at Veralto
Sustainability is woven deeply into the fabric of Veralto. Our people, our companies, and our innovations support our customers as they address global challenges including water scarcity, environmental resource sustainability, management of severe weather events, food and pharmaceutical security, and the impact of an aging workforce.
From ensuring clean drinking water to reducing packaging waste, we help customers protect precious resources and keep our global water and food supply safe.
Safeguarding the world’s water
Our water quality companies help ensure the availability of clean drinking water while enabling customers to reduce water and energy consumption and protect our waterways. We are trusted partners to municipalities and industry, helping to ensure the quality of the water supply and advance their sustainability objectives.
food and beverage
Water conservation
ChemTreat associates work alongside industrial customers to understand their water challenges and tailor chemical treatment plans and dosing protocols to help optimize customers’ water usage and maximize reuse. ChemTreat’s solutions helped customers save over 81 billion gallons of water in 2023.
municipal water
Environmental solutions
Trojan Technologies offers UV and membrane filtration systems for water disinfection and contaminant removal. Trojan Technologies’ systems treat and support the recycling of 13 trillion gallons of water annually and in turn help to improve access to clean water for more than 275 million people every day.
Safeguarding food, medicine, and essentials
In addition to helping mark and code food, medicine, and essentials to ensure traceability and authenticity, our Product Quality and Innovation companies help customers reduce packaging material consumption and waste, minimize environmental impact, and bring more sustainable packaging solutions to market faster.
logistical
Software solutions
Esko’s Cape Pack package design and pallet optimization software has helped one of the world’s largest producers of packaged goods eliminate the need for over 900,000 trucking miles annually, equating to the reduction of CO2 emissions by over 3.4 million pounds.
food and beverage
Product enhancements
Videojet helped the confectionary division of a leading global food brand upgrade to next-generation printers optimized for marking on lighter, more sustainable film.
Our progress and strategy
We are deeply aware of our responsibility to our stakeholders and the opportunities to make a difference as reflected in our purpose: Safeguarding the World’s Most Vital Resources™. Leveraging the Veralto Enterprise System, we drive continuous improvement across energy consumption, water use, and other key sustainability metrics.
Our sustainability strategy is organized around the three pillars of Products, Planet, and People, each with ambitious initiatives.
Products
To drive sustainability in our supply chain, we have partnered with EcoVadis to assess and monitor our suppliers’ sustainability performance, targeting coverage of at least 40% of our annual supplier spend.
Planet
We aim to reduce our combined Scope 1+2 GHG emissions by 54.6% by 2033 in alignment with a 1.5°C climate change scenario. We have committed to setting a near-term science-based target and have begun assessing our Scope 3 GHG emissions.
People
We have tied our executive compensation to achieving financial, strategic, and sustainability goals that align with long-term shareholder value. Every Veralto Executive Team member has ESG performance objectives.
Partnerships
We also work to increase our impact through collective actions such as sustainability-focused partnerships, initiatives, industry alliances, and grant-making opportunities, including:
External Recognition
MSCI: MSCI ESG Ratings measure companies’ ESG risks, opportunities, and performance using a rules-based methodology to identify industry leaders and laggards. Veralto’s “AAA” rating puts us in the “leader” category, with a higher rating than ~85% of peer companies in our industry group.
EcoVadis Medals: In recognition of their sustainability leadership and commitment, five Veralto companies have received EcoVadis certification: Trojan Technologies (Gold), ChemTreat (Silver), Hach (Silver), Videojet (Silver), and Esko (Bronze).