Illinois Tool Works Inc. (ITW) is a global leader in the manufacturing sector, headquartered in Glenview, Illinois, USA. Founded in 1912, ITW has established a strong presence across various operational regions, including North America, Europe, and Asia. The company operates within the industrial manufacturing industry, focusing on diverse business areas such as automotive, construction, and food equipment. ITW is renowned for its innovative core products and services, which include advanced fastening systems, packaging solutions, and specialty adhesives. What sets ITW apart is its commitment to innovation and efficiency, driven by a unique business model that emphasises decentralised management. With a robust market position, ITW has consistently achieved notable milestones, including recognition for its sustainable practices and strong financial performance, solidifying its reputation as a trusted partner in the global manufacturing landscape.
How does Illinois Tool Works'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 Machinery and Equipment 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.
Illinois Tool Works's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Illinois Tool Works (ITW) reported total greenhouse gas emissions of approximately 509,517,000 kg CO2e, with Scope 1 emissions at about 128,092,000 kg CO2e and Scope 2 emissions at approximately 381,425,000 kg CO2e. The company has set an ambitious target to reduce combined Scope 1 and Scope 2 greenhouse gas emissions per U.S. dollar of operating revenue by 40% below 2017 levels by the year 2030. This commitment reflects ITW's ongoing efforts to enhance sustainability and reduce its carbon footprint. In previous years, ITW achieved a 6.5% reduction in greenhouse gas emissions intensity in 2018 compared to 2017, demonstrating its commitment to continuous improvement in emissions management. The company initiated a plan in 2011 to reduce energy intensity and associated greenhouse gas emissions by 20% at its top ten energy-consuming businesses, which it successfully met by 2017. Overall, ITW's climate commitments and reduction initiatives underscore its dedication to addressing climate change and minimising its environmental impact while maintaining operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 112,647,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 475,154,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 00,000,000 | - | - | 0,000,000 | 00,000,000 | - | - |
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.
Illinois Tool Works 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.