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 48 is higher than 69% 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 32,212,000 kg CO2e for Scope 1 and about 35,394,000 kg CO2e for Scope 2, resulting in a combined total of around 185,918,000 kg CO2e for both scopes. The company has set ambitious targets to reduce its Scope 1 and 2 greenhouse gas emissions by 60% by 2030, using 2021 as the baseline year. This commitment reflects a strategic decarbonisation pathway aimed at significantly lowering their carbon footprint. In 2023, the company disclosed a total of approximately 3,275,640,890 kg CO2e in Scope 3 emissions, indicating a substantial impact from upstream activities, particularly in purchased goods and services, which accounted for about 2,670,777,000 kg CO2e. This highlights the importance of addressing emissions beyond direct operations. Techtronic Industries is committed to transparency in its climate initiatives, having reported emissions data consistently over the years. The company is currently classified as "Committed" to near-term targets under the Science Based Targets initiative (SBTi), although it has not yet set a net-zero target. The focus on reducing Scope 1 and 2 emissions aligns with industry standards for climate action, demonstrating a proactive approach to sustainability in 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 | - |
How Carbon Intensive is Techtronic Industries's Industry?
How Carbon Intensive is Techtronic Industries's Location?
Techtronic Industries's Scope 3 Categories Breakdown
Techtronic Industries's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
Top Scope 3 Categories
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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Frequently Asked Questions
Common questions about Techtronic Industries's sustainability data and climate commitments