Terex Sustainability Profile
Terex Corporation, commonly referred to as Terex, is a leading global manufacturer headquartered in the United States. Established in 1933, the company has evolved significantly, marking key milestones in the construction and materials handling industry. With major operational regions across North America, Europe, and Asia, Terex is renowned for its innovative solutions in the production of aerial work platforms, cranes, and material processing equipment. The company’s core products, including the Genie® and Demag® brands, are distinguished by their advanced engineering and commitment to safety and efficiency. Terex holds a strong market position, recognised for its dedication to sustainability and customer-centric approach. With a rich history and a focus on technological advancement, Terex continues to set industry standards, making it a trusted partner for construction and industrial sectors worldwide.
DitchCarbon Score
How does Terex'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 Motor Vehicle 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
Terex's score of 18 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Terex's reported carbon emissions
In 2023, Terex Corporation reported total carbon emissions of approximately 34,287,000 kg CO2e for Scope 1 and 21,875,000 kg CO2e for Scope 2, totalling about 56,162,000 kg CO2e. This represents a slight increase from 2022, where emissions were approximately 31,197,000 kg CO2e for Scope 1 and 19,396,000 kg CO2e for Scope 2, totalling around 50,593,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Terex has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised commitments to reduce emissions at this time. Terex's emissions intensity for 2023 was reported at 0.0115 metric tonnes CO2e per million USD in revenue, reflecting their ongoing efforts to manage emissions relative to financial performance. The company continues to monitor and report its emissions, but further commitments or reduction strategies have not been specified. Overall, while Terex has made strides in emissions reporting, the absence of reduction targets suggests an opportunity for enhanced climate action in the future.
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| 2006 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 95,182,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 76,952,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
How Carbon Intensive is Terex's Industry?
How Carbon Intensive is Terex's Location?
Terex'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.
Terex 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.
