- Supply chain disruptions
- Climate-related physical risks (flooding, wind, hurricanes, earthquakes, fire) at some facilities
- Transitional risks from climate-change related regulations (though currently considered not substantive)
ITW (NYSE: ITW)
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, ITW (NYSE: ITW) disclosed greenhouse gas emissions of 1.6M metric tons CO2e. By scope: Scope 1: 135.1K metric tons CO2e; Scope 2: 480.3K metric tons CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.6M metric tons CO2e
2021
Water Usage
651.9K thousand U.S. gallons
2021
Waste
62.4K U.S. tons (recycled)
2021
Energy Use
1.5M MWh
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 135.1K metric tons CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 480.3K metric tons CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 37 percent reduction in GHG emissions intensity through 2021 (compared with 2017 baseline)
- Increased clean-tech revenue by 7 percentage points over the last four years (representing approximately 29 percent of overall revenue in 2021)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase U.S. third-party spend on products and services from African American suppliers to $6 million (by 2021 - achieved over $4 million)
📅 Medium-term
- By 2025, increase third-party spend on products and services from diverse suppliers to more than $180 million
- By 2023, have 95 percent of U.S. and European preferred carriers recognized under their respective region’s accreditation (SmartWay and Lean & Green)
🔭 Long-term
- By 2030, reduce combined Scope 1 and Scope 2 GHG emissions per U.S. dollar of operating revenue by 40 percent below 2017 levels
- Actively studying the feasibility of a possible path to carbon neutrality
🌱 ESG Focus Areas
Governance & EthicsOur PeopleOur CommunitiesOur Environment