Ingersoll Rand

Ingersoll Rand's reported carbon emissions

Ingersoll Rand, a US-based company in the electrical machinery and apparatus sector, reported its latest carbon emissions data for 2024. The company's Scope 1 emissions totalled approximately 389,321,000 kg CO2e, while Scope 2 emissions (market-based) were about 50,061,000 kg CO2e and (location-based) 57,694,000 kg CO2e. The most significant portion of their emissions comes from Scope 3, with a total of approximately 192,593,255,000 kg CO2e. The largest contributor within Scope 3 was the 'use of sold products', accounting for roughly 191,580,579,000 kg CO2e. Other notable Scope 3 categories include employee commute (about 287,172,000 kg CO2e) and business travel (approximately 128,972,000 kg CO2e). Ingersoll Rand has established several climate commitments, including a near-term target to reduce absolute GHG emissions by 60% across Scope 1 and 2 by 2030, using a 2020 baseline. Furthermore, the company aims for net-zero emissions for Scope 1 and 2 by 2050. A more specific commitment includes reducing Scope 1 emissions by 30% and Scope 2 emissions by 25% from 2020 levels by 2030. In addition, Ingersoll Rand has validated Science Based Targets initiative (SBTi) targets, committing to a 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2020 base year, and a 90% reduction by 2050. They also aim to reduce Scope 3 emissions from the use of sold products by 63.8% per USD value added by 2034 and 97% by 2050, both from a 2020 base year, reflecting a commitment to achieving net-zero across their value chain by 2050.