Ingersoll Rand

Ingersoll Rand, a US-based company in the electrical machinery and apparatus industry, reported total emissions of approximately 213.8 billion kg CO2e for 2023. This figure encompasses Scope 1, 2, and 3 emissions.

In 2024, the company's Scope 1 emissions were approximately 389.3 million kg CO2e. Scope 2 emissions, on a market-based approach, were approximately 50.1 million kg CO2e, while location-based Scope 2 emissions were approximately 57.7 million kg CO2e. Scope 3 emissions for 2024 were substantial, totalling approximately 192.6 billion kg CO2e. The largest contributor to Scope 3 emissions was the "use of sold products," accounting for approximately 191.6 billion kg CO2e.

Ingersoll Rand has set ambitious climate commitments. They aim to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2020 baseline. Furthermore, the company is committed to reaching net-zero greenhouse gas emissions across its value chain by 2050, which includes a target to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050. They also have a near-term target to reduce Scope 3 GHG emissions from the use of sold products by 63.8% per USD value added by 2034, and a long-term target for a 97% reduction in Scope 3 emissions from the use of sold products per USD value added by 2050. These targets are validated by the Science Based Targets initiative (SBTi).