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 41 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Ceratizit's reported carbon emissions
Ceratizit S.A., headquartered in Luxembourg (LU), has made significant commitments to reduce its carbon emissions. Although specific emissions data for the most recent year is not available, the company has set ambitious targets to address its greenhouse gas emissions across all scopes. Ceratizit has committed to achieving net-zero greenhouse gas emissions by FY2040. This long-term goal encompasses all scopes of emissions, including Scope 1, Scope 2, and Scope 3. In the near term, the company aims to reduce absolute emissions by 54% by FY2030, using FY2020 as the baseline. This reduction target applies to all scopes, including emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, and investments. For the long term, Ceratizit has set a target to reduce absolute emissions by 90% by FY2040 from the FY2020 baseline. This commitment aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions required to limit global warming to 1.5°C. Ceratizit's proactive approach to climate action reflects its dedication to sustainability and responsible corporate practices within the technology hardware and equipment sector.
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 participating in some of the initiatives that 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.
