Fortive Corporation, headquartered in the United States, is a leading provider of industrial technology solutions. Founded in 2016 as a spin-off from Danaher Corporation, Fortive has quickly established itself in the market, focusing on sectors such as instrumentation, automation, and software. With a diverse portfolio that includes core products like electronic test tools, sensing technologies, and software solutions, Fortive stands out for its commitment to innovation and quality. The company operates globally, with significant presence in North America, Europe, and Asia, catering to a wide range of industries including healthcare, manufacturing, and telecommunications. Recognised for its strong market position, Fortive has achieved notable milestones, including consistent revenue growth and strategic acquisitions that enhance its technological capabilities. This positions Fortive as a key player in the industrial technology landscape, dedicated to delivering exceptional value to its customers.
How does Fortive's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Fortive's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fortive reported total carbon emissions of approximately 51,169,000 kg CO2e, which includes 13,258,000 kg CO2e from Scope 1 and 37,911,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, amounting to approximately 599,919,000 kg CO2e, which encompasses various categories such as investments, capital goods, and business travel. In 2022, Fortive's emissions were approximately 51,169,000 kg CO2e, with Scope 1 emissions at 13,989,300 kg CO2e and Scope 2 emissions at 23,455,500 kg CO2e (market-based). The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future commitment. Fortive's emissions data reflects its operational footprint across various regions, including the US, where it reported Scope 1 emissions of 11,634,000 kg CO2e and Scope 2 emissions of 30,780,000 kg CO2e in 2021. The company has made strides in transparency by disclosing emissions across multiple scopes, but it currently lacks formal reduction targets, which are critical for aligning with global climate goals. Overall, Fortive's emissions profile highlights the need for enhanced climate commitments and reduction strategies to mitigate its environmental impact effectively.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 14,068,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 51,998,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fortive is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.