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 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Illinois Tool Works's reported carbon emissions
Illinois Tool Works (ITW), a US-based machinery and equipment manufacturer, has been reporting on its carbon emissions since 2010. While Scope 3 emissions are not fully disclosed, ITW has made significant commitments to reduce its environmental impact.
Recent Emissions Data (kg CO2e):
- 2025: Scope 1 emissions were approximately 285,187,000 kg CO2e, and Scope 2 market-based emissions were approximately 136,441,000 kg CO2e.
- 2024: Scope 1 emissions were approximately 286,861,000 kg CO2e, and Scope 2 market-based emissions were approximately 161,777,000 kg CO2e.
- 2023: Scope 1 emissions were approximately 349,214,000 kg CO2e, and Scope 2 market-based emissions were approximately 204,025,000 kg CO2e.
- 2022: Scope 1 emissions were approximately 138,029,000 kg CO2e, and Scope 2 market-based emissions were approximately 284,500,000 kg CO2e.
- 2021: Scope 1 emissions were approximately 417,773,000 kg CO2e, and Scope 2 market-based emissions were approximately 346,026,000 kg CO2e.
Climate Commitments and Reduction Targets:
ITW has established several reduction targets, primarily focusing on Scope 1 and Scope 2 emissions intensity.
- By 2030: ITW aims to reduce combined Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% below 2021 levels. This is an absolute reduction goal.
- By 2030: ITW has a target to reduce combined Scope 1 and Scope 2 GHG emissions per U.S. dollar of operating revenue by 40% from 2017 levels.
- By 2027: ITW aims to reduce combined Scope 1 and 2 GHG emissions per U.S. dollar of operating revenue by 20% from 2017 levels.
In 2018, ITW reported achieving a 6.5% reduction in greenhouse gas emissions intensity compared to 2017. From 2011 to 2017, the company planned to reduce energy intensity and associated GHG emissions by 20% at its top ten energy-consuming businesses.
While Scope 3 emissions data, particularly for purchased goods and services, is noted as missing in recent reports, ITW's disclosed targets demonstrate a commitment to improving its environmental performance.
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Illinois Tool Works’s Climate Goals (2030 & 2050)
4 goals2030
50% reduction in Scope 2
In 2024, ITW’s divisions continued to make considerable progress toward our absolute goal of reducing Scope 1 and Scope 2 (market-based) GHG…
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Illinois Tool Works
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