2021 U.S.-Booked Air Volume:  $5.9 million

Emerson had BTN-estimated U.S.-booked air volume of $5.9 million in 2021, slightly lower than the prior year. Emerson restricted employee travel and in-person meetings and enabled remote work arrangements where appropriate.

Sales in 2021 increased 9 percent year over year to $18.2 billion. The company also benefitted from an ongoing restructuring and cost reset plan that accelerated in 2020 and 2021. Subsequently, selling, general and administrative expenses fell 0.9 percentage points to 22.9 percent as a percent of sales in fiscal 2021.

The company’s first full Scope 3 emissions footprint report was released in 2021, revealing travel’s footprint. Business travel accounted for 19,200 metric tons of carbon dioxide equivalent emissions. The company plans to achieve net zero operations by 2030.

Emerson acquired OSI in 2021. In 2022 Emerson completed the merger of two of its businesses with Aspen Technology to create AspenTech, a new company focused on industrial software. The company and its subsidiaries had approximately 86,700 employees as of Sept. 30, 2021.