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The Shyft Group, Inc.
Transport Equipment ManufacturingUnited States
Last verified 13 days agotheshyftgroup.com
The Shyft Group, Inc., commonly referred to as Shyft or TSG, is a prominent player in the United States' transportation equipment industry. Headquartered in Michigan, the company specialises in designing and manufacturing innovative vehicle bodies, chassis, and delivery solutions within the broader "Other transport equipment (35)" sector. Since its founding, Shyft has established a reputation for delivering custom, durable, and efficient transport solutions tailored to commercial and specialty vehicle markets.
With a history of strategic growth and technological advancements, The Shyft Group has become a recognised leader in its field, serving major clients across North America. Its core products include walk-in vans, step vans, and chassis, distinguished by their quality and adaptability. As a key innovator in the industry, Shyft continues to set standards for safety, sustainability, and operational efficiency in commercial vehicle manufacturing.
20
DitchCarbon score
-8 vs industry average
The Shyft Group, Inc.’s score of 20 is lower than 40% 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
High
Transport Equipment Manufacturing has above-average carbon intensity
Industry performance
0.533
20182025
The Transport Equipment Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
The Shyft Group, Inc.'s reported carbon emissions
The Shyft Group, Inc., headquartered in the US and operating in the "Other transport equipment (35)" industry, reported a total of approximately 20.86 million kg CO2e for fiscal year 2023. This figure encompasses Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions were approximately 8.28 million kg CO2e, and Scope 2 emissions were approximately 6.29 million kg CO2e.
For fiscal year 2022, the company reported combined Scope 1 and Scope 2 emissions totalling approximately 11.63 million kg CO2e. Scope 1 emissions for 2022 stood at approximately 4.24 million kg CO2e, while Scope 2 emissions were approximately 7.38 million kg CO2e.
The Shyft Group is committed to achieving carbon neutrality by 2050, with specific targets for Scope 1 and Scope 2 emissions. The company's climate commitments include a long-term goal for carbon neutrality across both Scope 1 and Scope 2 emissions.
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The Shyft Group, Inc.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
The Shyft Group, Inc.13 days ago
20
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