Ajax TOCCO Magnethermic Corporation Sustainability Profile
Ajax TOCCO Magnethermic Corporation, headquartered in the United States, is a leading provider of induction heating and melting solutions. Founded in 1930, the company has established itself as a pioneer in the industry, with a strong presence in North America and global operational regions. Ajax TOCCO's core offerings include advanced induction heating systems, melting furnaces, and related technologies, which are renowned for their efficiency and reliability. With a commitment to innovation, Ajax TOCCO has achieved significant milestones, including the development of cutting-edge induction technology that enhances productivity across various sectors. The company is recognised for its expertise in metal processing, serving industries such as automotive, aerospace, and manufacturing. Ajax TOCCO's dedication to quality and customer satisfaction has solidified its position as a trusted partner in the induction heating market.
DitchCarbon Score
How does Ajax TOCCO Magnethermic Corporation'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 Retail Services 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
Ajax TOCCO Magnethermic Corporation's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ajax TOCCO Magnethermic Corporation's reported carbon emissions
Ajax TOCCO Magnethermic Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Park-Ohio Holdings Corp., which may influence its climate strategy and reporting practices. While there are no documented reduction targets or climate pledges from Ajax TOCCO Magnethermic Corporation, the company is part of a broader corporate family that may have its own sustainability initiatives. The lack of specific emissions data and reduction commitments suggests that Ajax TOCCO Magnethermic Corporation may still be developing its climate strategy in alignment with industry standards. As a subsidiary, it is essential for Ajax TOCCO Magnethermic Corporation to consider the sustainability practices and targets set by Park-Ohio Holdings Corp. to enhance its environmental performance and contribute to global climate goals.
How Carbon Intensive is Ajax TOCCO Magnethermic Corporation's Industry?
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Ajax TOCCO Magnethermic Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ajax TOCCO Magnethermic Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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