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Illinois Tool Works (ITW) is a globally recognised leader in the machinery and equipment sector, specialising in diverse industrial solutions. Headquartered in the United States, ITW operates across multiple regions, serving a broad range of markets with innovative products and services. Founded in 1912, the company has a long history of growth and innovation, establishing a strong market presence through strategic acquisitions and product development.
ITW’s core offerings include specialised equipment, consumables, and engineered solutions that cater to various industrial applications. Its unique approach combines technological expertise with customer-centric innovation, setting it apart within the machinery and equipment industry. As a notable player in its field, ITW continues to maintain a significant market position through its commitment to quality and operational excellence.
+8 vs industry average
Illinois Tool Works’s score of 35 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment has above-average carbon intensity
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Illinois Tool Works (ITW) reported total Scope 1 and Scope 2 (market-based) emissions of approximately 421.6 million kg CO2e in 2025. This includes about 285.2 million kg CO2e from Scope 1 and approximately 136.4 million kg CO2e from Scope 2. In 2024, their combined Scope 1 and 2 (market-based) emissions were around 448.6 million kg CO2e. For 2023, the figure was approximately 553.2 million kg CO2e.
ITW has set an absolute target to reduce combined Scope 1 and Scope 2 (market-based) greenhouse gas emissions by 50% by 2030, using a 2021 base year. Additionally, ITW aims to reduce combined Scope 1 and Scope 2 GHG emissions per US dollar of operating revenue by 40% below 2017 levels by 2030. They had a previous intensity target to reduce combined Scope 1 and 2 GHG emissions per US dollar of operating revenue by 20% below 2017 levels by 2027. In 2018, ITW achieved a 6.5% greenhouse gas emissions intensity reduction compared to 2017.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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