Hyster-Yale Materials Handling, Inc., a prominent player in the materials handling industry, is headquartered in the United States. Founded in 1989, the company has established itself as a leader in the design and manufacture of forklifts and other material handling equipment, serving major operational regions across North America, Europe, and Asia. Hyster-Yale is renowned for its innovative products, including electric and internal combustion forklifts, pallet jacks, and warehouse solutions, which are distinguished by their reliability and advanced technology. The company has achieved significant milestones, including the introduction of eco-friendly models that enhance operational efficiency while reducing environmental impact. With a strong market position, Hyster-Yale continues to be recognised for its commitment to quality and customer satisfaction, making it a trusted choice for businesses seeking effective material handling solutions.
How does Hyster-Yale Materials Handling, Inc.'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 Transport Equipment 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.
Hyster-Yale Materials Handling, Inc.'s score of 27 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Hyster-Yale Materials Handling, Inc. reported total carbon emissions of approximately 48,074,000 kg CO2e. This figure includes 17,558,000 kg CO2e from Scope 1 emissions, 30,516,000 kg CO2e from Scope 2 emissions, and a significant 447,000,000 kg CO2e attributed to Scope 3 emissions, specifically from waste generated in operations. The company has set ambitious reduction targets as part of its long-term Aspirations Program, aiming to reduce global carbon emissions by 30% across all scopes by 2026, using 2015 as the baseline year. This commitment includes specific targets for Scope 1 and Scope 2 emissions, indicating a comprehensive approach to tackling its carbon footprint. Hyster-Yale's emissions data is cascaded from its corporate family, with the organization operating as a current subsidiary of Hyster-Yale Materials Handling, Inc. This relationship underscores the importance of collective climate action within the corporate structure. Overall, Hyster-Yale Materials Handling, Inc. is actively working towards significant emissions reductions, demonstrating a commitment to sustainability and climate responsibility in the materials handling industry.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 17,558,000 |
Scope 2 | 30,516,000 |
Scope 3 | 447,000,000 |
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.
Hyster-Yale Materials Handling, Inc. is not participating in any 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.