Snap-on Incorporated, commonly known as Snap-on, is a leading American manufacturer of high-quality tools and equipment, headquartered in Kenosha, Wisconsin, USA. Founded in 1920, the company has established itself as a key player in the automotive, aerospace, and industrial sectors, providing innovative solutions that enhance productivity and efficiency. With a diverse range of products, including hand tools, power tools, diagnostic equipment, and tool storage solutions, Snap-on is renowned for its commitment to quality and durability. The brand's unique offerings, such as its custom tool solutions and advanced diagnostic technology, set it apart in a competitive market. Snap-on's strong market position is underscored by its extensive global presence, serving professionals in over 130 countries. The company has achieved numerous accolades for its innovation and customer service, solidifying its reputation as a trusted partner for tradespeople worldwide.
How does Snap-on'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 Metal Fabrication 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.
Snap-on's score of 15 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Snap-on reported total carbon emissions of approximately 99,021,000 kg CO2e, which encompasses Scope 1 and 2 emissions. This figure reflects the company's operational impact on the environment, with emissions intensity calculated at about 0.019 kg CO2e per USD of revenue. While Snap-on has made strides in tracking its emissions, there are currently no publicly disclosed reduction targets or specific climate commitments outlined in their reports. The absence of such initiatives suggests a need for further development in their climate strategy, particularly in setting measurable goals for emissions reduction. As a leading manufacturer in the tools and equipment industry, Snap-on's commitment to addressing climate change will be crucial in aligning with global sustainability efforts and enhancing its corporate responsibility profile.
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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.
Snap-on 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.