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Manitowoc, officially known as Manitowoc Company, Inc., is a prominent player in the furniture and other manufactured goods sector, based in the United States. Headquartered in Manitowoc, Wisconsin, the company operates across various regions, serving diverse markets with a focus on innovative manufacturing solutions. Founded in 1902, Manitowoc has a long-standing history of delivering high-quality products and has achieved notable milestones in its industry.
The company specialises in producing durable furniture and specialised manufactured goods, distinguished by their craftsmanship and customisation options. Manitowoc’s market position is reinforced by its commitment to quality and its reputation for reliable, innovative products. As a key player in the furniture and manufacturing industry, Manitowoc continues to evolve, maintaining its status as a trusted name in its field.
-5 vs industry average
Manitowoc’s score of 18 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Furniture Manufacturing has above-average carbon intensity
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Manitowoc reported its 2023 Scope 1 emissions as 23,618,000 kg CO2e and Scope 2 emissions as 13,892,000 kg CO2e. For 2022, the company's Scope 1 emissions were 23,756,000 kg CO2e and Scope 2 emissions were 14,035,000 kg CO2e. In 2021, Scope 1 emissions were 25,567,000 kg CO2e and Scope 2 emissions were 16,366,000 kg CO2e.
Manitowoc has set several near-term reduction targets. The company aims to reduce Scope 1 and 2 GHG emissions intensity by 15% normalized by revenue between 2019 and 2025. Specifically, for Scope 1 emissions, Manitowoc targeted a 7.5% reduction against 2019 levels by 2022 and a 15% reduction by 2025. Similarly, for Scope 2 emissions, the company aimed for a 7.5% reduction against 2019 levels by 2022. Manitowoc's emissions data is directly reported by The Manitowoc Company, Inc.
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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