Graco Inc., a leading manufacturer in the fluid handling industry, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1926, Graco has established itself as a pioneer in the design and production of equipment for the management of fluids, including paint sprayers, lubrication systems, and sealant applicators. The company is renowned for its innovative core products, which are distinguished by their reliability and efficiency, catering to a diverse range of sectors such as construction, automotive, and manufacturing. Graco's commitment to quality and performance has solidified its market position, making it a trusted name among professionals worldwide. With a rich history of milestones, Graco continues to lead the industry through technological advancements and a focus on customer satisfaction.
How does Graco'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 Furniture 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.
Graco's score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Graco reported total carbon emissions of approximately 47,641,000 kg CO2e, comprising 14,247,000 kg CO2e from Scope 1 and 33,394,000 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, where total emissions were about 48,283,000 kg CO2e, with Scope 1 emissions at 14,718,000 kg CO2e and Scope 2 emissions at 33,565,000 kg CO2e. Over the past few years, Graco has demonstrated a commitment to reducing its carbon footprint. In 2021, the company reported total emissions of approximately 46,336,000 kg CO2e, with Scope 1 emissions of 12,894,000 kg CO2e and Scope 2 emissions of 33,442,000 kg CO2e. This indicates a general trend of stabilisation in emissions despite increasing revenue, which rose from about 1.65 billion USD in 2020 to approximately 2.20 billion USD in 2023. Graco has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions, focusing on transparency and accountability in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 12,510,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 29,951,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Graco 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.