Techtronic Industries Company Limited, commonly known as TTI, is a leading global manufacturer headquartered in Hong Kong. Founded in 1985, TTI has established a strong presence in the power tools, outdoor products, and floor care sectors, with significant operations across North America, Europe, and Asia. Renowned for its innovative approach, TTI offers a diverse range of products, including cordless power tools and advanced outdoor equipment, under well-known brands such as Milwaukee, Ryobi, and Hoover. The company’s commitment to research and development has positioned it as a market leader, consistently delivering high-performance solutions that meet the evolving needs of professionals and consumers alike. With a focus on sustainability and cutting-edge technology, Techtronic Industries continues to achieve notable milestones, reinforcing its reputation as a key player in the global tools and equipment industry.
How does Techtronic Industries'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 Furniture 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.
Techtronic Industries's score of 51 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Techtronic Industries, headquartered in Hong Kong, reported total carbon emissions of approximately 171,984,000 kg CO2e. This figure includes 35,630,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 42,168,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Notably, the company also disclosed significant Scope 3 emissions, amounting to approximately 2,267,000,000 kg CO2e, which includes emissions from capital goods, business travel, and employee commuting. Techtronic Industries has committed to near-term climate targets, although specific reduction targets have not been detailed. The company is actively engaged in sustainability initiatives within the electrical equipment and machinery sector, reflecting a commitment to reducing its carbon footprint. As of March 2023, the company has not set a net-zero target but remains focused on improving its emissions management strategies. Overall, Techtronic Industries is taking steps towards enhancing its climate commitments, aligning with industry standards for emissions reporting and reduction.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 6,779,000 | 0,000,000 | 0,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 51,928,000 | 00,000,000 | 00,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000 | 00,000 | 00,000,000 | - | - | - | 0,000,000,000 | - |
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.
Techtronic Industries is committed to some 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.