Techtronic Industries Sustainability Profile
Techtronic Industries Company Limited, commonly known as TTI, is a leading global manufacturer headquartered in Hong Kong. Founded in 1985, TTI has established a strong presence in the power tools, outdoor products, and floor care sectors, with significant operations across North America, Europe, and Asia. Renowned for its innovative approach, TTI offers a diverse range of products, including cordless power tools and advanced outdoor equipment, under well-known brands such as Milwaukee, Ryobi, and Hoover. The company’s commitment to research and development has positioned it as a market leader, consistently delivering high-performance solutions that meet the evolving needs of professionals and consumers alike. With a focus on sustainability and cutting-edge technology, Techtronic Industries continues to achieve notable milestones, reinforcing its reputation as a key player in the global tools and equipment industry.
DitchCarbon Score
How does Techtronic Industries'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 Furniture Manufacturing 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
Techtronic Industries's score of 54 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Techtronic Industries's reported carbon emissions
In 2024, Techtronic Industries, headquartered in Hong Kong, reported total carbon emissions of approximately 185.9 million kg CO2e. This figure includes 32.2 million kg CO2e from Scope 1 emissions and 35.4 million kg CO2e from Scope 2 emissions. Notably, the company has not disclosed Scope 3 emissions data for this year. For the previous year, 2023, Techtronic Industries' total emissions were significantly higher, at approximately 3.4 billion kg CO2e, with Scope 1 emissions at 35.6 million kg CO2e, Scope 2 emissions at 42.2 million kg CO2e, and Scope 3 emissions reaching about 3.3 billion kg CO2e. This indicates a substantial reliance on Scope 3 emissions, which encompass indirect emissions from the supply chain and product use. Techtronic Industries has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 60% by 2030, using 2021 as the baseline year. This target reflects a strategic decarbonisation pathway that the company has mapped out, demonstrating its commitment to addressing climate change. The company is currently classified as "Committed" to near-term targets, although it has not set a net-zero target. These initiatives are part of Techtronic Industries' broader efforts to enhance sustainability within the electrical equipment and machinery sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,779,000 | 0,000,000 | 0,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 51,928,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | - | - | - | 0,000,000,000 | 0,000,000 |
How Carbon Intensive is Techtronic Industries's Industry?
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Techtronic Industries'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.
Techtronic Industries 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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