Crane Co

Common Name
Crane
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
7,500
Ticker
CR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Crane NXT Co. is a diversified industrial company specializing in the provision of advanced payment and merchandising technology solutions. It primarily focuses on the development of secure and reliab...

Crane's GHG Emissions Data Preview

In 2023, Crane completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Crane has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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c
0000000
Total Scope 2
Market-Based
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b
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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c
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Verified Sources Behind Crane’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Crane’s data sources below and access millions more through our Disclosure Search.

a. Crane's Sustainability Report 2023
a. Crane's Sustainability Report 2023
b. Crane's Financial & Extra-Financial Disclosure 2021
b. Crane's Financial & Extra-Financial Disclosure 2021
c. Crane's Sustainability Report 2022
c. Crane's Sustainability Report 2022

Insights into Crane's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Crane amounted to 49,650 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Crane decreased by 13.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Crane's Scope 1 Emissions Over Time

202020212022202309 k18 k27 k36 ktCO2e+74%-49%-22%
  • Total Scope 1
  • Year-over-Year Change

What are Crane's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Crane were 13,970 metric tons of CO₂ equivalent (tCO₂e). a

Has Crane reduced its Scope 1 emissions over time?

Since 2020, Crane's Scope 1 emissions have decreased by 30.77%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Crane's Scope 1 emissions decreased by 21.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Crane's Scope 2 emissions?

In 2023, Crane reported Scope 2 greenhouse gas (GHG) emissions of 35,680 tCO₂e using the market-based method. a

Has Crane reduced its Scope 2 emissions over time?

Since 2020, Crane's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 15.03%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Crane's Scope 2 emissions (Market-Based) fell by 10.26% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Crane use for Scope 2 reporting?

In 2023, Crane reported its Scope 2 emissions using the market-based method. a

Crane's Scope 2 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Market-Based

Insights into Crane’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Crane reported Scope 1 greenhouse gas (GHG) emissions of 13,970 tCO₂e and total revenues of USD 2,086 millions. This translates into an emissions intensity of 6.7 tCO₂e per millions USD. a

Crane's Scope 1 Emissions Intensity Compared to Peers

1,0005,00020,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Chart IndustriesYear: 2024Scope 1: 19,844 tCO2eRevenue: $M 4,160Scope 1 Intensity: 4.77 tCO2e/$MFlowserveYear: 2023Scope 1: 15,570 tCO2eRevenue: $M 4,321Scope 1 Intensity: 3.60 tCO2e/$MWatts Water TechnologiesYear: 2024Scope 1: 10,712 tCO2eRevenue: $M 2,252Scope 1 Intensity: 4.76 tCO2e/$MEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MParker-HannifinYear: 2023Scope 1: 127,000 tCO2eRevenue: $M 19,065Scope 1 Intensity: 6.66 tCO2e/$MEnproYear: 2024Scope 1: 11,394 tCO2eRevenue: $M 1,049Scope 1 Intensity: 10.86 tCO2e/$MRegal RexnordYear: 2024Scope 1: 61,149 tCO2eRevenue: $M 6,034Scope 1 Intensity: 10.13 tCO2e/$MKadantYear: 2024Scope 1: 30,384 tCO2eRevenue: $M 1,053Scope 1 Intensity: 28.84 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MGates IndustrialYear: 2024Scope 1: 106,200 tCO2eRevenue: $M 3,408Scope 1 Intensity: 31.16 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MXylemYear: 2023Scope 1: 76,221 tCO2eRevenue: $M 7,364Scope 1 Intensity: 10.35 tCO2e/$MITTYear: 2023Scope 1: 32,312 tCO2eRevenue: $M 3,283Scope 1 Intensity: 9.84 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MCumminsYear: 2023Scope 1: 294,863 tCO2eRevenue: $M 34,065Scope 1 Intensity: 8.66 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MDonaldsonYear: 2023Scope 1: 23,797 tCO2eRevenue: $M 3,431Scope 1 Intensity: 6.94 tCO2e/$MGracoYear: 2023Scope 1: 14,247 tCO2eRevenue: $M 2,196Scope 1 Intensity: 6.49 tCO2e/$MNordsonYear: 2023Scope 1: 5,986 tCO2eRevenue: $M 2,629Scope 1 Intensity: 2.28 tCO2e/$MMiddlebyYear: 2021Scope 1: 17,748 tCO2eRevenue: $M 3,251Scope 1 Intensity: 5.46 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MCraneYear: 2023Scope 1: 13,970 tCO2eRevenue: $M 2,086Scope 1 Intensity: 6.70 tCO2e/$M

How does Crane's GHG emissions intensity compare to its peers?

In 2023, Crane reported a Scope 1 emissions intensity of 6.7 tCO₂e per millions USD. Compared to the peer group median of 6.94 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Crane rank on GHG emissions intensity within its industry?

In 2023, Crane ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Crane is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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