Terex
Terex Corporation, commonly referred to as Terex, is a leading global manufacturer headquartered in the United States. Established in 1933, the company has evolved significantly, marking key milestones in the construction and materials handling industry. With major operational regions across North America, Europe, and Asia, Terex is renowned for its innovative solutions in the production of aerial work platforms, cranes, and material processing equipment. The company’s core products, including the Genie® and Demag® brands, are distinguished by their advanced engineering and commitment to safety and efficiency. Terex holds a strong market position, recognised for its dedication to sustainability and customer-centric approach. With a rich history and a focus on technological advancement, Terex continues to set industry standards, making it a trusted partner for construction and industrial sectors worldwide.
DitchCarbon Score
How does Terex'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 Motor Vehicle 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.
Industry Benchmark
Terex's score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Terex's reported carbon emissions
In 2023, Terex Corporation reported total carbon emissions of approximately 56,637,000 kg CO2e, comprising 34,287,000 kg CO2e from Scope 1 and 21,875,000 kg CO2e from Scope 2. Notably, the company has not disclosed any Scope 3 emissions data for this year. Over the years, Terex has shown a trend of fluctuating emissions. For instance, in 2022, their emissions were about 152,826,000 kg CO2e, with 31,197,000 kg CO2e from Scope 1 and 19,396,000 kg CO2e from Scope 2. In 2021, the total emissions were approximately 91,558,000 kg CO2e, with a significant contribution from Scope 3 emissions. Despite these figures, Terex has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. This lack of defined goals may reflect a broader industry context where many companies are increasingly pressured to establish clear climate action plans. Overall, while Terex has made strides in reporting their emissions, the absence of reduction targets indicates an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 48,490,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 287,500 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | 100,823,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | - | - |
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.
Terex 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.
