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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's (ITW) latest reported emissions data shows approximately 421.6 million kg CO2e for 2025. This includes about 285.2 million kg CO2e from Scope 1 emissions and approximately 136.4 million kg CO2e from market-based Scope 2 emissions.
For 2024, ITW reported total emissions of approximately 448.6 million kg CO2e, comprising around 286.9 million kg CO2e in Scope 1 and approximately 161.8 million kg CO2e in market-based Scope 2. In 2023, total emissions were about 553.2 million kg CO2e, with Scope 1 at approximately 349.2 million kg CO2e and market-based Scope 2 at around 204.0 million kg CO2e. For 2022, the company reported combined Scope 1 and market-based Scope 2 emissions of approximately 422.5 million kg CO2e. In 2021, total emissions were approximately 763.8 million kg CO2e, with Scope 1 emissions of about 417.8 million kg CO2e and market-based Scope 2 emissions of approximately 346.0 million kg CO2e.
ITW has set several emissions reduction targets. The company aims to reduce combined Scope 1 and Scope 2 (market-based) GHG emissions by 50% by 2030, using a 2021 base year. Additionally, ITW targets a 40% reduction in combined Scope 1 and Scope 2 GHG emissions per US dollar of operating revenue by 2030, against 2017 levels. An earlier target aimed to reduce combined Scope 1 and 2 GHG emissions per US dollar of operating revenue by 20% below 2017 levels by 2027. The company reported achieving a 6.5% greenhouse gas emissions intensity reduction in 2018 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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