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Manitowoc
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.
DitchCarbon Score
How does Manitowoc'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 Furniture 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
Manitowoc's score of 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Manitowoc's reported carbon emissions
In 2023, Manitowoc reported total greenhouse gas emissions of approximately 23,618,000 kg CO2e for Scope 1 and about 13,892,000 kg CO2e for Scope 2. This reflects a slight decrease in Scope 1 emissions from 2022, where they were about 23,756,000 kg CO2e, and a minor reduction in Scope 2 emissions from approximately 14,035,000 kg CO2e. Manitowoc has set ambitious targets to reduce its greenhouse gas emissions intensity by 15% for both Scope 1 and Scope 2 emissions, normalised by revenue, by 2025. This commitment is part of their near-term strategy, which began in 2019. Specifically, they aim for a reduction target of 21,600,000 kg CO2e for Scope 1 by 2025, representing a 15% decrease compared to 2019 levels. For Scope 2, they also target a reduction to 23,500,000 kg CO2e by 2022, which equates to a 7.5% reduction from 2019. Overall, Manitowoc's climate commitments demonstrate a proactive approach to managing and reducing their carbon footprint, aligning with industry standards for sustainability and climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 27,084,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 19,343,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| 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.
Manitowoc 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.
