Ingersoll Rand

Ingersoll Rand reported total Scope 1, 2, and 3 emissions of approximately 193.1 billion kg CO2e in 2024. This includes about 389.3 million kg CO2e from Scope 1 emissions, 50.1 million kg CO2e from Scope 2 market-based emissions (or 57.7 million kg CO2e from Scope 2 location-based emissions), and 192.6 billion kg CO2e from Scope 3 emissions. A significant portion of their Scope 3 emissions, about 191.6 billion kg CO2e, comes from the use of sold products.

The company has set several climate commitments. Ingersoll Rand commits to reaching net-zero greenhouse gas emissions across its value chain by 2050, with both near-term and long-term Science Based Targets Initiative (SBTi) validated targets. Their near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2020 base year. They also aim to reduce Scope 3 GHG emissions from the use of sold products by 63.8% per USD value added by 2034 from a 2020 base year. For their long-term goals, Ingersoll Rand commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2020 base year, and to reducing Scope 3 GHG emissions from the use of sold products by 97% per USD value added within the same timeframe. Ingersoll Rand's operations in Vignate, Italy, have a specific target to achieve net-zero GHG emissions by 2030.