Kennametal
Kennametal Inc., a leading global provider of tooling and industrial materials, is headquartered in the United States. Founded in 1938, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in metalworking solutions, Kennametal offers a diverse range of products and services, including cutting tools, tooling systems, and wear-resistant materials, all designed to enhance productivity and efficiency in manufacturing processes. With a commitment to innovation, Kennametal has achieved significant milestones, such as pioneering advanced materials and coatings that extend tool life and performance. The company is recognised for its market leadership, consistently delivering high-quality solutions that meet the evolving needs of industries such as aerospace, automotive, and energy. Through its dedication to excellence, Kennametal continues to set benchmarks in the tooling industry.
DitchCarbon Score
How does Kennametal's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kennametal's score of 19 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kennametal's reported carbon emissions
In 2023, Kennametal reported total greenhouse gas emissions of approximately 2,031,000 kg CO2e, comprising 137,000 kg CO2e from Scope 1 and 1,968,000 kg CO2e from Scope 2 emissions. The company has disclosed emissions data for both Scope 1 and Scope 2, but has not reported any Scope 3 emissions. Comparatively, in 2022, Kennametal's emissions were about 3,598,900 kg CO2e, with 130,200 kg CO2e from Scope 1 and 3,527,900 kg CO2e from Scope 2. This indicates a significant reduction in total emissions from 2022 to 2023. Kennametal has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organisation, and all reported figures are directly from Kennametal Inc. Overall, while Kennametal has made strides in reducing its emissions, further commitments and targets would enhance its climate strategy and accountability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 27,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 2 | 185,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kennametal is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
