The Shyft Group, Inc.
The Shyft Group, Inc., headquartered in the United States, is a leading provider in the specialty vehicle industry, focusing on the design and manufacture of innovative mobile solutions. Founded in 2014, the company has rapidly established itself as a key player, particularly in the production of custom vehicles for various sectors, including emergency services, commercial fleets, and recreational vehicles.
With a commitment to quality and innovation, The Shyft Group offers a diverse range of products, including walk-in vans, service bodies, and specialty trailers, all tailored to meet the unique needs of its clients. The company’s strategic operational regions span across North America, enhancing its market presence and customer reach. Notable achievements include significant partnerships and a growing portfolio that underscores its position as a trusted leader in the specialty vehicle market.
-9 vs industry average
The Shyft Group, Inc.’s score of 18 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Transport Equipment Manufacturing has typical carbon intensity
Industry performance
The Transport Equipment Manufacturing industry has reduced its overall emissions by 46% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
The Shyft Group, Inc.'s reported carbon emissions
In 2023, The Shyft Group, Inc. reported total carbon emissions of approximately 14,566,000 kg CO2e, comprising 8,275,000 kg CO2e from Scope 1 and 6,291,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. This represents a significant increase from 2022, when total emissions were approximately 11,625,000 kg CO2e, with Scope 1 emissions at 4,243,000 kg CO2e and Scope 2 emissions at 7,382,000 kg CO2e. The Shyft Group has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This long-term target reflects the company's dedication to reducing its carbon footprint and addressing climate change. The commitment is part of a broader strategy to enhance sustainability and align with industry standards for climate action. As a merged entity, The Shyft Group, Inc. inherits its emissions data and climate initiatives from its corporate family, ensuring a cohesive approach to environmental responsibility. The company is actively working towards its goals, demonstrating a commitment to transparency and accountability in its climate efforts.
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The Shyft Group, Inc.’s Climate Goals (2030 & 2050)
2 goals2050
We aim to achieve carbon neutrality by 2050
We aim to achieve carbon neutrality by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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The Shyft Group, Inc.
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