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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 43% 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.
In 2023, Manitowoc reported Scope 1 emissions of approximately 23,618,000 kg CO2e and Scope 2 emissions of about 13,892,000 kg CO2e. For 2022, Scope 1 emissions were approximately 23,756,000 kg CO2e and Scope 2 emissions were about 14,035,000 kg CO2e. In 2021, the company's Scope 1 emissions were approximately 25,567,000 kg CO2e and Scope 2 emissions were about 16,366,000 kg CO2e.
Manitowoc aims to reduce Scope 1 and 2 GHG emissions intensity by 15% normalized by revenue between 2019 and 2025. Specifically, the company targets a 7.5% absolute reduction in Scope 1 emissions by 2022 and a 15% absolute reduction in Scope 1 emissions by 2025, both against a 2019 baseline. The company also set an absolute target for Scope 2 emissions, aiming for a 7.5% reduction by 2022 against a 2019 baseline. Manitowoc has not disclosed Scope 3 emissions data.
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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