Manitowoc Company, Inc., commonly referred to as Manitowoc, is a leading player in the global crane and lifting equipment industry. Headquartered in the United States, Manitowoc operates extensively across North America, Europe, and Asia, providing innovative solutions for construction and industrial applications. Founded in 1902, the company has achieved significant milestones, including the development of the first hydraulic crane.
Manitowoc's core offerings include a diverse range of cranes, including tower cranes, mobile cranes, and crawler cranes, distinguished by their advanced technology and robust design. The company is renowned for its commitment to quality and safety, positioning itself as a trusted partner in the construction sector. With a strong market presence and a reputation for excellence, Manitowoc continues to set industry standards and drive innovation in lifting solutions.
-5 vs industry average
Manitowoc’s score of 21 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Furniture Manufacturing has typical carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Manitowoc's reported carbon emissions
In 2023, Manitowoc reported total emissions of approximately 37,110,000 kg CO2e, comprising 23,618,000 kg CO2e from Scope 1 and 13,892,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Manitowoc has set ambitious reduction targets, aiming for a 15% reduction in Scope 1 and 2 greenhouse gas emissions intensity, normalised by revenue, by 2025, compared to 2019 levels. Additionally, they have a specific target to achieve a reduction of 7.5% in Scope 2 emissions by 2022, with a further goal of reaching 21,600,000 kg CO2e in Scope 1 emissions by 2025, which represents a 15% reduction from 2019. These commitments reflect Manitowoc's dedication to sustainability and climate action, aligning with industry standards for emissions reduction. The data is sourced directly from The Manitowoc Company, Inc., with no cascaded emissions data from parent organisations.
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Manitowoc’s Climate Goals (2030 & 2050)
4 goals2025
15% reduction in Scope 2
Reduce Scope 1 and 2 GHG emissions intensity by 15% normalized by revenue
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Manitowoc
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