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 43 is higher than 66% 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 Scope 1 emissions of about 35,630,000 kg CO2e and Scope 2 emissions of approximately 42,168,000 kg CO2e. Notably, their Scope 3 emissions were significantly higher, with capital goods contributing about 119,220,000 kg CO2e, and purchased goods and services accounting for approximately 2,670,777,000 kg CO2e. Techtronic Industries has set ambitious reduction targets, aiming to decrease their Scope 1 and 2 greenhouse gas emissions by 60% by 2030, using 2021 as the baseline year. This decarbonisation pathway is part of their broader climate commitment, which is currently classified as "committed" under near-term targets. The company has demonstrated a proactive approach to climate action, with a clear strategy to reduce emissions and enhance sustainability within their operations. Their efforts are aligned with industry standards and reflect a growing recognition of the importance of corporate responsibility in addressing climate change.
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 | 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 | 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.