Park-Ohio Holdings Corp., often referred to as Park-Ohio, is a prominent player in the manufacturing and supply chain management industry, headquartered in the United States. Founded in 1961, the company has established a strong presence across various operational regions, including North America and Europe. Specialising in the production of industrial components and logistics services, Park-Ohio offers a diverse range of core products, including metal and plastic parts, as well as supply chain solutions. What sets them apart is their commitment to innovation and quality, ensuring that they meet the evolving needs of their clients. With a solid market position, Park-Ohio has achieved notable milestones, including strategic acquisitions that have expanded their capabilities and reach. Their dedication to excellence has made them a trusted partner for numerous industries, reinforcing their reputation as a leader in the sector.
How does Park-Ohio Holdings Corp.'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.
Mean score of companies in the Machinery and Equipment 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.
Park-Ohio Holdings Corp.'s score of 23 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Park-Ohio Holdings Corp. reported total carbon emissions of approximately 6,418,000 kg CO2e. This figure includes 2,219,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and 1,230,000 kg CO2e from Scope 3 emissions, which encompasses business travel (466,000 kg CO2e), employee commute (526,000 kg CO2e), and waste generated in operations (236,000 kg CO2e). Comparatively, in 2019, the company’s total emissions were about 6,822,000 kg CO2e, with Scope 2 emissions at 2,593,000 kg CO2e and Scope 3 emissions significantly higher at 2,428,000 kg CO2e. In 2018, total emissions were reported at approximately 4,402,000 kg CO2e, with Scope 2 emissions of 88,000 kg CO2e and Scope 3 emissions of 2,886,000 kg CO2e. Park-Ohio Holdings Corp. has set a long-term target to reduce emissions associated with its fleet by 45% by 2038, using a 2010 baseline. This commitment reflects the company's proactive approach to addressing its carbon footprint, particularly in Scope 1 emissions related to fleet operations. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Park-Ohio Holdings Corp. As the company continues to refine its sustainability strategies, it remains focused on achieving its reduction targets while monitoring its overall emissions profile.
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.
Park-Ohio Holdings Corp. 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.