Schmitt Industries, Inc. Sustainability Profile
Schmitt Industries, Inc., a prominent player in the precision measurement and control industry, is headquartered in the United States. Founded in 1984, the company has established itself as a leader in providing innovative solutions for various sectors, including manufacturing and industrial applications. With a strong presence in North America and expanding operations globally, Schmitt Industries is renowned for its advanced measurement systems and control technologies. The company’s core products, such as laser measurement systems and automated control solutions, are distinguished by their accuracy and reliability, catering to the needs of diverse industries. Schmitt Industries has achieved significant milestones, including the development of cutting-edge technologies that enhance operational efficiency. With a commitment to quality and innovation, Schmitt Industries continues to solidify its market position as a trusted provider of precision measurement solutions.
DitchCarbon Score
How does Schmitt Industries, Inc.'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 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.
Industry Benchmark
Schmitt Industries, Inc.'s score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schmitt Industries, Inc.'s reported carbon emissions
In 2022, Schmitt Industries, Inc. reported total emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. The company has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 emissions by 25% from a 2019 baseline by 2025. This commitment reflects a proactive approach to mitigating climate impact and aligns with industry standards for greenhouse gas reduction. While no Scope 3 emissions data is available, Schmitt Industries is focused on significant reductions in its direct and indirect emissions. The company has also expressed intentions to further reduce greenhouse gas emissions significantly by 2030, indicating a long-term commitment to sustainability. Schmitt Industries operates without cascading emissions data from a parent company, ensuring that its reported figures and commitments are independently sourced. The company's climate initiatives demonstrate a clear strategy towards achieving net-zero emissions and contributing positively to climate action.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 000,000,000 | 000,000 |
| Scope 2 | 1,439,703,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000 |
| Scope 3 | 208,157,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - | - |
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Schmitt Industries, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Schmitt Industries, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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