Tennant

Tennant Company, a manufacturer in the motor vehicles, trailers and semi-trailers industry based in the US, has set ambitious climate commitments. For fiscal year 2024, the company reported total greenhouse gas emissions of approximately 272.7 million kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions.

Specifically for fiscal year 2024, Scope 1 emissions were approximately 23.9 million kg CO2e, and Scope 2 emissions (market-based) were approximately 0.9 million kg CO2e. Scope 3 emissions were significantly higher, totalling approximately 247.9 million kg CO2e, with the majority stemming from the use of sold products (approximately 411.2 million kg CO2e) and purchased goods and services (approximately 168.1 million kg CO2e).

Tennant Company has committed to a comprehensive emissions reduction strategy. They aim to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 45% by 2030, using 2021 as the base year. Furthermore, they have a long-term goal to achieve a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040, also from a 2021 base year. These targets are aligned with the Science Based Targets initiative (SBTi) and are considered consistent with limiting global warming to 1.5°C.

In addition to direct operational emissions, Tennant Company is also addressing its value chain emissions. They are committed to reducing absolute Scope 3 GHG emissions from purchased goods and services and the use of sold products by 45% by 2030, and by 90% by 2040, both from a 2021 base year. The company has also set a net-zero target for its entire value chain by 2040.

In the near term, Tennant reported a 1.7% reduction in Scope 1 and 2 emissions between 2021 and 2022.