Toromont Sustainability Profile
Toromont Industries Ltd., commonly known as Toromont, is a leading Canadian company headquartered in Concord, Ontario. Established in 1961, Toromont has built a strong reputation in the heavy equipment and industrial services sector, primarily serving the construction, mining, and forestry industries across Canada and parts of the United States. The company is renowned for its distribution of Caterpillar equipment, offering a diverse range of products and services, including equipment sales, rentals, and maintenance. Toromont's commitment to customer service and innovative solutions has positioned it as a trusted partner in the industry. With a focus on sustainability and efficiency, Toromont continues to achieve significant milestones, solidifying its market position as a key player in the heavy machinery landscape.
DitchCarbon Score
How does Toromont'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 Construction Work 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
Toromont's score of 25 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toromont's reported carbon emissions
In 2022, Toromont Industries Ltd. reported total carbon emissions of approximately 62,300,000 kg CO2e, encompassing Scope 1 and Scope 2 emissions. This figure reflects the company's commitment to transparency in its environmental impact, although no Scope 3 emissions data was disclosed for this year. Comparatively, in 2020, Toromont's emissions were significantly higher, with Scope 1 emissions at about 75,454,000 kg CO2e, Scope 2 emissions at approximately 71,125,000 kg CO2e, and Scope 3 emissions reaching around 1,000,000,000 kg CO2e. The total for Scope 1 and 2 combined was about 146,579,000 kg CO2e. This indicates a notable reduction in emissions over the two-year period, particularly in Scope 1 and 2 categories. Despite these reductions, Toromont has not set specific reduction targets or climate pledges, nor are there any initiatives reported under the Science Based Targets initiative (SBTi). The absence of formal commitments suggests that while the company is actively monitoring its emissions, it may not yet have established a comprehensive strategy for long-term climate goals. Overall, Toromont's emissions data reflects a positive trend towards lower carbon output, but further commitments and targets would enhance its climate strategy and accountability.
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| 2020 | 2022 | |
|---|---|---|
| Scope 1 | 75,454,000 | - |
| Scope 2 | 71,125,000 | - |
| Scope 3 | 1,000,000,000 | - |
How Carbon Intensive is Toromont's Industry?
How Carbon Intensive is Toromont's Location?
Toromont'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.
Toromont 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.
