Ceratizit Sustainability Profile
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 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceratizit S.A., headquartered in Luxembourg (LU), has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its entire value chain by FY2040. The company has established near-term targets to reduce absolute Scope 1, 2, and 3 emissions by 54% by FY2030, using FY2020 as the baseline year. Furthermore, Ceratizit aims for a significant long-term reduction of 90% in these emissions by FY2040. The company's targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, ensuring that their reduction strategies are consistent with global climate goals. The near-term targets encompass a wide range of emissions sources, including 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. Ceratizit is a current subsidiary of Plansee Holding AG, which may influence its emissions performance and climate strategies. However, specific emissions data for the most recent year is not available, indicating a need for further transparency in reporting. Overall, Ceratizit's commitments reflect a proactive approach to addressing climate change within the technology hardware and equipment sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 65,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 98,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 226,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Ceratizit'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.
Ceratizit has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
