Illinois Tool Works
Illinois Tool Works Inc. (ITW) is a global leader in the manufacturing sector, headquartered in Glenview, Illinois, USA. Founded in 1912, ITW has established a strong presence across various operational regions, including North America, Europe, and Asia. The company operates within the industrial manufacturing industry, focusing on diverse business areas such as automotive, construction, and food equipment. ITW is renowned for its innovative core products and services, which include advanced fastening systems, packaging solutions, and specialty adhesives. What sets ITW apart is its commitment to innovation and efficiency, driven by a unique business model that emphasises decentralised management. With a robust market position, ITW has consistently achieved notable milestones, including recognition for its sustainable practices and strong financial performance, solidifying its reputation as a trusted partner in the global manufacturing landscape.
DitchCarbon Score
How does Illinois Tool Works'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.
Industry Average
Mean score of companies in the Machinery and Equipment 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.
Industry Benchmark
Illinois Tool Works's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Illinois Tool Works's reported carbon emissions
In 2023, Illinois Tool Works (ITW) reported total greenhouse gas emissions of approximately 509,517,000 kg CO2e, with Scope 1 emissions at about 128,092,000 kg CO2e and Scope 2 emissions at approximately 381,425,000 kg CO2e. This represents a significant reduction from previous years, as the company aims to decrease its combined Scope 1 and Scope 2 emissions per U.S. dollar of operating revenue by 40% below 2017 levels by 2030. In 2022, ITW's total emissions were approximately 533,822,000 kg CO2e, with Scope 1 emissions at about 138,029,000 kg CO2e and Scope 2 emissions at approximately 394,105,000 kg CO2e. The company has achieved a 6.5% reduction in greenhouse gas emissions intensity in 2018 compared to 2017, demonstrating its commitment to sustainability. ITW's emissions reduction strategy focuses on improving energy efficiency and reducing emissions intensity across its operations. The company has set ambitious targets to further decrease its carbon footprint, aligning with industry standards for climate action.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 112,647,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 475,154,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000 | - | - | 0,000,000 | 00,000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Illinois Tool Works is not participating in any of the initiatives that 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.
