Idex Sustainability Profile
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.
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.
Industry Benchmark
Idex's score of 38 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Idex's reported carbon emissions
In 2024, IDEX Corporation reported total carbon emissions of approximately 63,130,000 kg CO2e, comprising 17,116,000 kg CO2e from Scope 1 and 50,977,000 kg CO2e from Scope 2 (market-based). Additionally, Scope 3 emissions from waste generated in operations were about 959,000 kg CO2e. The previous year, 2023, saw total emissions of around 64,160,000 kg CO2e, with Scope 1 emissions at 15,151,000 kg CO2e and Scope 2 emissions (market-based) at 51,648,000 kg CO2e, alongside 872,000 kg CO2e from Scope 3. IDEX has set a significant long-term commitment 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 goal reflects the company's proactive approach to climate action and aligns with industry standards for emissions reduction. The company has consistently disclosed its emissions data across all relevant scopes, demonstrating transparency in its sustainability efforts. Overall, IDEX's emissions reduction strategy is focused on improving efficiency and minimising its carbon footprint, contributing to broader climate goals within the industry.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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?
How Carbon Intensive is Idex's Location?
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
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.
