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 29 is higher than 55% 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 greenhouse gas emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, particularly from 2021, when Scope 1 emissions alone were reported at 533,000,000 kg CO2e. The company has set ambitious climate commitments, aiming to significantly reduce its greenhouse gas emissions by 2030. This includes specific targets for both Scope 1 and Scope 2 emissions, with a focus on achieving substantial reductions in the near term. The targets are part of a broader strategy to align with net-zero goals, although specific percentage reductions have not been disclosed. Schmitt Industries, Inc. does not currently report Scope 3 emissions, indicating a potential area for future focus. The company’s emissions data is not cascaded from any parent organization, ensuring that its commitments and performance are independently reported. Overall, Schmitt Industries, Inc. is actively working towards enhancing its sustainability practices and reducing its carbon footprint in line with industry standards.
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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.
