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Tungaloy Corporation, a leading name in the cutting tool industry, is headquartered in Japan and operates extensively across Asia, Europe, and the Americas. Founded in 1934, Tungaloy has established itself as a pioneer in innovative tooling solutions, particularly in the fields of metal cutting and machining. The company is renowned for its advanced carbide inserts, tool holders, and cutting tools, which are designed to enhance productivity and precision in manufacturing processes. Tungaloy's commitment to research and development has led to numerous breakthroughs, solidifying its position as a trusted partner for industries ranging from automotive to aerospace. With a strong market presence and a reputation for quality, Tungaloy continues to set benchmarks in the cutting tool sector, making significant contributions to the evolution of machining technologies.
How does Tungaloy Corporation'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.
Mean score of companies in the Machinery and Equipment 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.
Tungaloy Corporation's score of 23 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tungaloy Corporation, headquartered in Japan, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Berkshire Hathaway Inc., which may influence its climate commitments and reporting practices. While Tungaloy has not established specific reduction targets or initiatives, it is part of a broader corporate family that includes commitments from Berkshire Hathaway Inc. This parent company has been involved in various climate initiatives, including the Carbon Disclosure Project (CDP) and Climate Action 100+ (CA100), which may indirectly impact Tungaloy's sustainability strategies. As of now, Tungaloy's climate commitments remain unspecified, and there are no reported initiatives or targets under the Science Based Targets initiative (SBTi) or other recognised frameworks. The lack of specific emissions data and reduction targets highlights an opportunity for Tungaloy to enhance its climate strategy and transparency in emissions reporting.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tungaloy Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.