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 Machinery and Equipment 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 30 is higher than 94% 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
In 2022, Ceratizit S.A. reported total carbon emissions of approximately 600,000,000 kg CO2e, a reduction from about 640,000,000 kg CO2e in 2021. The emissions breakdown for 2022 includes 100,000,000 kg CO2e from Scope 1, 200,000,000 kg CO2e from Scope 2, and 300,000,000 kg CO2e from Scope 3 emissions. Ceratizit is committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. The company is a member of the Science Based Targets initiative (SBTi) and has set a commitment to reduce emissions across all scopes. This commitment reflects Ceratizit's proactive approach to addressing climate change and aligns with industry standards for sustainability. Headquartered in Luxembourg (LU), Ceratizit continues to focus on reducing its carbon footprint while contributing to the global effort against climate change.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 130,000,000 | 000,000,000 |
| Scope 2 | 190,000,000 | 000,000,000 |
| Scope 3 | 320,000,000 | 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.
