Techtronic Industries
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 56 is higher than 94% 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 2023, Techtronic Industries, headquartered in Hong Kong, reported total carbon emissions of approximately 171,984,000 kg CO2e. This figure includes 35,630,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 42,168,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The company also disclosed significant Scope 3 emissions, primarily from capital goods and employee commuting, amounting to approximately 2,670,777,000 kg CO2e. 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 decarbonisation pathway reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability. In previous years, the company reported emissions of 178,708,000 kg CO2e in 2021 and 186,793,000 kg CO2e in 2019, indicating a growing awareness and response to its environmental impact. The commitment to significant reductions in emissions underscores Techtronic Industries' dedication to sustainability and responsible corporate practices in the electrical equipment and machinery sector.
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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 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000 | 00,000 | 00,000,000 | - | 00,000,000 | - | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
