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 2023, Schmitt Industries, Inc. reported total carbon emissions of approximately 46,138,000 kg CO2e for Scope 1 and about 47,977,000 kg CO2e for Scope 2. The combined total for Scope 1 and Scope 2 emissions was approximately 39,000 kg CO2e. This data reflects the company's commitment to transparency in its environmental impact. Schmitt Industries has set ambitious reduction targets, aiming for a 25% decrease in both Scope 1 and Scope 2 emissions from a 2019 baseline by 2025. This commitment underscores their proactive approach to mitigating climate change. Additionally, the company has outlined a goal to significantly reduce greenhouse gas emissions by 2030, further demonstrating its dedication to sustainability. The emissions data is not cascaded from any parent organisation, indicating that Schmitt Industries is independently managing its climate commitments and reporting. The company continues to focus on enhancing its sustainability practices in line with industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 533,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Schmitt Industries, Inc.'s Industry?
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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.
