Hyster-Yale Materials Handling, Inc
Hyster-Yale Materials Handling, Inc., a leading player in the materials handling industry, is headquartered in Great Britain. Founded in 1989, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in the design and manufacture of forklifts and other material handling equipment, Hyster-Yale is renowned for its innovative solutions that enhance productivity and safety in various sectors.
The company’s core product offerings include a diverse range of lift trucks, warehouse equipment, and automated solutions, distinguished by their durability and advanced technology. Hyster-Yale has achieved significant milestones, including the introduction of electric and hybrid models that cater to evolving market demands. With a commitment to quality and sustainability, Hyster-Yale Materials Handling continues to solidify its position as a trusted name in the industry, recognised for its exceptional service and customer-centric approach.
+7 vs industry average
Hyster-Yale Materials Handling, Inc’s score of 32 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 5% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hyster-Yale Materials Handling, Inc's reported carbon emissions
In 2024, Hyster-Yale Materials Handling, Inc. reported total carbon emissions of approximately 53.6 million kg CO2e, comprising 21,161,000 kg CO2e from Scope 1 and 32,442,000 kg CO2e from Scope 2 emissions. The company has set ambitious near-term reduction targets, aiming to decrease carbon emissions by 30% across both Scope 1 and Scope 2 by 2026, with the initiative starting in 2023. In 2023, the total emissions were approximately 54.1 million kg CO2e, with Scope 1 emissions at 20,814,000 kg CO2e and Scope 2 emissions at 33,266,000 kg CO2e. The previous year, 2022, saw total emissions of about 54.9 million kg CO2e, with Scope 1 at 21,312,000 kg CO2e and Scope 2 at 33,577,000 kg CO2e. Hyster-Yale's commitment to reducing emissions reflects its dedication to sustainability within the materials handling industry. The company has not disclosed any Scope 3 emissions data, indicating potential areas for future focus. Overall, Hyster-Yale is actively working towards its climate commitments while navigating the challenges of emissions reporting and reduction.
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Hyster-Yale Materials Handling, Inc’s Climate Goals (2030 & 2050)
2 goals2026
Strive to reduce Carbon Emissions by 30%
Strive to reduce Carbon Emissions by 30%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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