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.
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.
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.
Techtronic Industries's score of 48 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This data reflects a commitment to transparency in their emissions reporting, although no Scope 3 emissions data was disclosed for this year. In 2023, the company reported higher emissions, with Scope 1 at approximately 35,630,000 kg CO2e and Scope 2 at about 42,168,000 kg CO2e. Notably, Scope 3 emissions were significant, with capital goods contributing approximately 119,220,000 kg CO2e, and purchased goods and services accounting for about 2,670,777,000 kg CO2e. Techtronic Industries has set ambitious reduction targets, aiming to decrease Scope 1 and 2 greenhouse gas emissions by 60% by 2030, using 2021 as the baseline year. This commitment is part of their broader decarbonisation pathway, which is designed to align with industry standards and contribute to global climate goals. The company is actively engaged in climate initiatives, having committed to near-term targets as part of their sustainability strategy. They are not currently pursuing a net-zero target but remain focused on significant emissions reductions in the near future.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 6,779,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 51,928,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 00,000,000 | - | - | - | 0,000,000,000 | - |
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.
Techtronic Industries 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.