Illinois Tool Works
Illinois Tool Works Inc. (ITW) is a global leader in the manufacturing sector, headquartered in Glenview, Illinois, USA. Founded in 1912, ITW has established a strong presence across various operational regions, including North America, Europe, and Asia. The company operates within the industrial manufacturing industry, focusing on diverse business areas such as automotive, construction, and food equipment. ITW is renowned for its innovative core products and services, which include advanced fastening systems, packaging solutions, and specialty adhesives. What sets ITW apart is its commitment to innovation and efficiency, driven by a unique business model that emphasises decentralised management. With a robust market position, ITW has consistently achieved notable milestones, including recognition for its sustainable practices and strong financial performance, solidifying its reputation as a trusted partner in the global manufacturing landscape.
DitchCarbon Score
How does Illinois Tool Works'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 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.
Industry Benchmark
Illinois Tool Works's score of 44 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Illinois Tool Works's reported carbon emissions
In 2024, Illinois Tool Works (ITW) reported total greenhouse gas emissions of approximately 495,154,000 kg CO2e, with Scope 1 emissions at about 129,526,000 kg CO2e and Scope 2 emissions (market-based) at approximately 110,959,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 509,517,000 kg CO2e, with Scope 1 at approximately 128,092,000 kg CO2e and Scope 2 (market-based) at around 154,136,000 kg CO2e. ITW has set ambitious climate commitments, aiming to reduce combined Scope 1 and Scope 2 greenhouse gas emissions per U.S. dollar of operating revenue by 40% below 2017 levels by 2030. Additionally, they aim for a 20% reduction in the same metric by 2027. As of 2024, ITW is on track to achieve a 50% reduction in absolute Scope 1 and Scope 2 emissions by 2030, compared to 2021 levels. The company has made significant strides in emissions intensity reduction, achieving a 6.5% decrease in greenhouse gas emissions intensity in 2018 compared to 2017. ITW's commitment to sustainability reflects its proactive approach to addressing climate change and reducing its carbon footprint across its global operations.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 112,647,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 475,154,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Illinois Tool Works 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.
