Fortive Corp
Fortive's GHG Emissions Data Preview
In 2023, Fortive 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Fortive has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind Fortive’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 Fortive’s data sources below and access millions more through our Disclosure Search.
Insights into Fortive's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Fortive amounted to 51,169 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 Fortive decreased by 11%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
Fortive's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fortive's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Fortive were 13,258 metric tons of CO₂ equivalent (tCO₂e). a
Has Fortive reduced its Scope 1 emissions over time?
Since 2018, Fortive's Scope 1 emissions have decreased by 5.58%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), Fortive's Scope 1 emissions decreased by 13.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Fortive's Scope 2 emissions?
In 2023, Fortive reported Scope 2 greenhouse gas (GHG) emissions of 37,911 tCO₂e without specifying the calculation method. a
What methodology does Fortive use for Scope 2 reporting?
In 2023, Fortive reported its Scope 2 emissions using an unspecified methodology. a
Fortive's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Fortive's Value Chain Emissions
In 2023, Fortive reported 599,920 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Fortive includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Fortive's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fortive's Scope 3 emissions?
In 2023, Fortive reported total Scope 3 emissions of 599,920 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 67.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 32.67% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Fortive's Scope 3 emissions increased by 39.02%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Fortive disclose?
In 2023, Fortive reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Fortive's Scope 3 emissions?
In 2023, the largest contributors to Fortive's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 192,512 tCO₂e (32.09%)
- Purchased Goods and Services (Cat. 1): 185,489 tCO₂e (30.92%)
- Capital Goods (Cat. 2): 119,357 tCO₂e (19.9%)
Fortive's Scope 3 Emissions by Categories
Insights into Fortive’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Fortive reported Scope 1 greenhouse gas (GHG) emissions of 13,258 tCO₂e and total revenues of USD 6,065 millions. This translates into an emissions intensity of 2.19 tCO₂e per millions USD. a
Fortive's Scope 1 Emissions Intensity Compared to Peers
How does Fortive's GHG emissions intensity compare to its peers?
In 2023, Fortive reported a Scope 1 emissions intensity of 2.19 tCO₂e per millions USD. Compared to the peer group median of 2.03 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Fortive rank on GHG emissions intensity within its industry?
In 2023, Fortive ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Fortive is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Fortive's Total Carbon Footprint
In 2023, Fortive reported a total carbon footprint of 651,089 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.14% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Fortive's total carbon footprint was Scope 3 emissions, accounting for 92.14% of the company's total carbon footprint, followed by Scope 2 emissions at 5.82%. a