Fortive Corporation, headquartered in the United States, is a leading provider of industrial technology solutions. Founded in 2016 as a spin-off from Danaher Corporation, Fortive has quickly established itself in the market, focusing on sectors such as instrumentation, automation, and software. With a diverse portfolio that includes core products like electronic test tools, sensing technologies, and software solutions, Fortive stands out for its commitment to innovation and quality. The company operates globally, with significant presence in North America, Europe, and Asia, catering to a wide range of industries including healthcare, manufacturing, and telecommunications. Recognised for its strong market position, Fortive has achieved notable milestones, including consistent revenue growth and strategic acquisitions that enhance its technological capabilities. This positions Fortive as a key player in the industrial technology landscape, dedicated to delivering exceptional value to its customers.
How does Fortive'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.
Mean score of companies in the Electrical Machinery Manufacturing 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.
Fortive's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fortive reported total carbon emissions of approximately 650,169,000 kg CO2e, comprising 13,258,000 kg CO2e from Scope 1, 37,911,000 kg CO2e from Scope 2, and a significant 599,919,000 kg CO2e from Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, including all three scopes, which is essential for understanding the full impact of their operations. Fortive's emissions have varied over the years, with total emissions recorded at approximately 66,066,000 kg CO2e in 2018, 62,135,000 kg CO2e in 2019, and 67,753,000 kg CO2e in 2020. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future commitment. The company’s emissions intensity, measured as GHG emissions per dollar of revenue, has shown fluctuations, with a notable intensity of 51.0 kg CO2e per $1,000 revenue in 2021. This metric is crucial for assessing the efficiency of their operations in relation to their carbon footprint. Overall, while Fortive has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for enhanced climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 54,479,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 90,595,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Fortive is not committed to any 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.