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.
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.
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.
Terex's score of 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Terex Corporation reported total carbon emissions of approximately 34,287,000 kg CO2e for Scope 1 and about 21,875,000 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data for this year. In 2022, Terex's emissions were significantly higher, with Scope 1 emissions at approximately 31,197,000 kg CO2e, Scope 2 at about 19,396,000 kg CO2e, and Scope 3 emissions reaching approximately 152,826,000 kg CO2e, which included substantial contributions from purchased goods and services (about 84,348,000 kg CO2e) and fuel and energy-related activities (approximately 84,692,000 kg CO2e). Terex has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has been actively reporting its emissions across all three scopes, indicating a level of transparency in its climate strategy. However, without defined reduction targets or initiatives, the effectiveness of their climate commitments remains unclear. Overall, Terex's emissions data reflects a significant reliance on Scope 3 emissions, which are often the most challenging to manage, highlighting the need for comprehensive strategies to address their entire value chain's carbon impact.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - |
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 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.