Ceratizit
Ceratizit, officially known as Ceratizit S.A., is a leading player in the cutting tool and hard material industry, headquartered in Luxembourg (LU). Founded in 2002, the company has rapidly established itself as a key provider of innovative solutions across Europe, Asia, and the Americas. Specialising in high-performance cutting tools, hard materials, and wear protection products, Ceratizit is renowned for its commitment to quality and technological advancement. Their unique offerings include carbide tools and customised solutions that cater to diverse sectors such as automotive, aerospace, and metalworking. With a strong market position, Ceratizit has achieved notable milestones, including strategic acquisitions that have expanded its product portfolio and global reach. The company continues to set industry standards, making it a trusted partner for manufacturers seeking precision and reliability in their operations.
DitchCarbon Score
How does Ceratizit'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 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
Ceratizit's score of 40 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ceratizit's reported carbon emissions
Ceratizit, headquartered in Luxembourg (LU), reported a total carbon emissions figure of approximately 600,000,000 kg CO2e for the year 2022. This total includes 72,000,000 kg CO2e from Scope 1 emissions, 104,000,000 kg CO2e from Scope 2 emissions, and 539,000,000 kg CO2e from Scope 3 emissions. In 2023, emissions slightly decreased to about 600,000,000 kg CO2e, with Scope 1 emissions at 72,000,000 kg CO2e, Scope 2 at 38,000,000 kg CO2e, and Scope 3 remaining at 457,000,000 kg CO2e. The 2024 data indicates a further reduction, with total emissions at approximately 600,000,000 kg CO2e, comprising 61,000,000 kg CO2e from Scope 1, 32,000,000 kg CO2e from Scope 2, and 444,000,000 kg CO2e from Scope 3. Ceratizit has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment encompasses all scopes of emissions, reflecting the company's dedication to reducing its carbon footprint and addressing climate change. The company is actively working towards these targets, having established a baseline year of 2023 for its reduction initiatives.
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Add to project| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 67,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 95,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 457,000,000 | 000,000,000 | 000,000,000 | 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.
Ceratizit 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.
