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Furniture Manufacturing
US
updated 12 days ago

Idex Sustainability Profile

Company website

Idex Corporation, commonly referred to as Idex, is a leading global provider of engineered solutions, headquartered in the United States. Founded in 1988, the company has established a strong presence in various operational regions, including North America, Europe, and Asia. Idex operates primarily within the industrial manufacturing sector, focusing on fluid and metering technologies, health and science technologies, and fire and safety products. The company is renowned for its innovative core products, which include precision pumps, valves, and flow measurement devices, distinguished by their reliability and efficiency. Idex has achieved significant milestones, including strategic acquisitions that have bolstered its market position and expanded its product offerings. With a commitment to quality and customer satisfaction, Idex continues to be a trusted partner across diverse industries, solidifying its reputation as a leader in engineered solutions.

DitchCarbon Score

How does Idex'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.

38

Industry Average

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.

27

Industry Benchmark

Idex's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Idex's reported carbon emissions

In 2024, IDEX Corporation reported total emissions of approximately 63.1 million kg CO2e, comprising 17.1 million kg CO2e from Scope 1, 50.9 million kg CO2e from Scope 2 (market-based), and 959,000 kg CO2e from Scope 3 emissions related to waste generated in operations. This reflects a slight increase in total emissions compared to 2023, where total emissions were approximately 64.2 million kg CO2e, with Scope 1 at 15.2 million kg CO2e, Scope 2 at 49 million kg CO2e (location-based), and 872,000 kg CO2e from Scope 3. IDEX has set a long-term goal to reduce the intensity of its Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2035, using 2021 as the baseline year. This commitment underscores the company's focus on improving its emissions efficiency relative to revenue, aiming to align with industry standards for sustainability and climate action. The emissions data is sourced directly from IDEX Corporation, with no cascading from a parent or related organization.

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20202021202220232024
Scope 1
5,058,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
31,821,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
000,000
000,000
000,000
000,000

How Carbon Intensive is Idex's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Idex's primary industry is Furniture Manufacturing, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Idex's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Idex is in US, which has a low grid carbon intensity relative to other regions.

Idex's Scope 3 Categories Breakdown

Idex's Scope 3 emissions, which increased by 10% last year and increased by approximately 63% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2024
Waste Generated in Operations
100%

Idex'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.

Idex has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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