Vontier Releases 2023 Sustainability Report

Vontier Corporation (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage, and scale the mobility ecosystem, announced today the release of its 2023 Sustainability Report, which highlights important milestones the Company achieved during the past year.

"Vontier’s critical role in the global mobility ecosystem provides us with the unique opportunity to help shape a more sustainable future for our industry. Whether it’s by enabling a multi-energy future or increasing the productivity of our customers, our strategy is focused on driving innovation and growth while ensuring that our actions align with our purpose and values,” said Mark Morelli, Vontier's President & CEO. “Together, we are mobilizing the future to create a better world.”

This year’s report details several key accomplishments across Vontier’s people-centered sustainability philosophy. By cultivating an environment where its teams can work in a safe, inclusive, and innovative environment, Vontier is powerfully driving better innovations, a better planet, and a better society. Highlights include:

Better Team

• Continued environmental, health, and safety progress, including top quartile TRIR and DART rates, and increased ISO 14001 certifications across global sites
• Improved leadership representation of women globally and racial or ethnic minorities in the US to 29% and 24%, respectively

Better Innovations

• Decarbonized at scale with multi-energy fueling solutions in compressed and renewable natural gas, hydrogen, and electrification
• Delivered leading operating systems across the mobility ecosystem for EV charging networks, fleets, convenience stores, and car washes, ultimately increasing the productivity of customers through automation
• Retooled auto repair shops to address the increasing complexity of repair driven by the proliferation of sensors and the electrification of the car parc

Better Planet

• Reduced absolute Scope 1 & 2 GHG emissions by 19% (from 2020 baseline), which is significant progress toward Vontier’s goals of reducing absolute Scope 1 & 2 GHG emissions 45% by 2030 and achieving Net Zero by 2050 in support of the Paris Climate Agreement
• Announced new goals regarding Scope 3 GHG emissions and water conservation to lessen environmental impacts

Better Society