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Fortive Corp

Common Name
Fortive
Country
United States
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
18,000
Ticker
FTV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Fortive Corporation is a diversified industrial technology company that designs, develops, manufactures, and services professional and engineered products, software, and services globally. The company...

Fortive's GHG Emissions Data Preview

In 2024, 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 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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b
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b
0000000
Unspecified Calculation Method
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a
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified 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.

a. Fortive's Sustainability Report 2024
a. Fortive's Sustainability Report 2024
b. Fortive's CDP Climate sourced from company’s website 2024
b. Fortive's CDP Climate sourced from company’s website 2024

Insights into Fortive's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFortive amounted to47,254metric 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 2023, the total operational greenhouse gas (GHG) emissions of Fortivedecreased by 15.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Fortive's Scope 1 Emissions Over Time

20192020202120222023202405.5 k11 k16.5 k22 ktCO2e-7%-28%+13%-16%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Fortive's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Fortive were 13,769 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Fortive reduced its Scope 1 emissions over time?

Since 2019, Fortive's Scope 1 emissions have decreased by 35.2%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Fortive's Scope 1 emissions increased by 2.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Fortive's Scope 2 emissions?

In 2024, Fortive reported Scope 2 greenhouse gas (GHG) emissions of 33,485 tCOâ‚‚e without specifying the calculation method.a

What methodology does Fortive use for Scope 2 reporting?

In 2024, Fortive reported its Scope 2 emissions using an unspecified methodology.a

Fortive's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Fortive's Value Chain Emissions

In 2024, Fortive reported 495,595 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Fortive includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,up from 9 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Fortive's Scope 3 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e+52%-9%-17%
  • Total Scope 3
  • Year-over-Year Change

What are Fortive's Scope 3 emissions?

In 2024, Fortive reported total Scope 3 emissions of 495,595 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 74%of these emissions originated from upstream activities such as purchased goods and capital goods, while 26%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Fortive's Scope 3 emissions decreased by 17.4%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Fortive disclose?

In 2024, 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 2024, the largest contributors to Fortive's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 161,024 tCOâ‚‚e(32.49%)
  • Use of Sold Products (Cat. 11): 126,745 tCOâ‚‚e(25.57%)
  • Upstream Transportation and Distribution (Cat. 4): 75,774 tCOâ‚‚e(15.29%)

Fortive's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(15.3%)Purchased Goods andServices (Cat. 1)(32.5%)Use of Sold Products(Cat. 11)(25.6%)

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

In 2024, Fortive reported Scope 1 greenhouse gas (GHG) emissions of 13,769 tCOâ‚‚e and total revenues of USD 6,232 millions. This translates into an emissions intensity of 2.21 tCOâ‚‚e per millions USD.a

Fortive's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)CoherentYear: 2024Scope 1: 49,811 tCO2eRevenue: $M 4,708Scope 1 Intensity: 10.58 tCO2e/$MBadger MeterYear: 2024Scope 1: 1,988 tCO2eRevenue: $M 827Scope 1 Intensity: 2.41 tCO2e/$MJuniper NetworksYear: 2024Scope 1: 6,446 tCO2eRevenue: $M 5,074Scope 1 Intensity: 1.27 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MGen DigitalYear: 2025Scope 1: 414 tCO2eRevenue: $M 3,935Scope 1 Intensity: 0.11 tCO2e/$MGartnerYear: 2024Scope 1: 904 tCO2eRevenue: $M 6,269Scope 1 Intensity: 0.14 tCO2e/$MTrimbleYear: 2024Scope 1: 2,648 tCO2eRevenue: $M 3,683Scope 1 Intensity: 0.72 tCO2e/$MMKSYear: 2024Scope 1: 7,254 tCO2eRevenue: $M 3,586Scope 1 Intensity: 2.02 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MSensata Technologies HoldingYear: 2024Scope 1: 4,590 tCO2eRevenue: $M 3,933Scope 1 Intensity: 1.17 tCO2e/$MSkyworks SolutionsYear: 2024Scope 1: 28,960 tCO2eRevenue: $M 4,178Scope 1 Intensity: 6.93 tCO2e/$MQorvoYear: 2025Scope 1: 107,713 tCO2eRevenue: $M 3,719Scope 1 Intensity: 28.96 tCO2e/$MF5Year: 2024Scope 1: 872 tCO2eRevenue: $M 2,817Scope 1 Intensity: 0.31 tCO2e/$MTeledyne TechnologiesYear: 2024Scope 1: 58,970 tCO2eRevenue: $M 5,670Scope 1 Intensity: 10.40 tCO2e/$MVontierYear: 2024Scope 1: 10,931 tCO2eRevenue: $M 2,979Scope 1 Intensity: 3.67 tCO2e/$MDropboxYear: 2024Scope 1: 515 tCO2eRevenue: $M 2,548Scope 1 Intensity: 0.20 tCO2e/$MESCO TechnologiesYear: 2024Scope 1: 5,996 tCO2eRevenue: $M 1,027Scope 1 Intensity: 5.84 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MKeysight TechnologiesYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 4,979Scope 1 Intensity: 2.67 tCO2e/$MBroadridge Financial SolutionsYear: 2024Scope 1: 12,150 tCO2eRevenue: $M 6,507Scope 1 Intensity: 1.87 tCO2e/$MItronYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 2,441Scope 1 Intensity: 1.56 tCO2e/$MCognexYear: 2024Scope 1: 2,021 tCO2eRevenue: $M 915Scope 1 Intensity: 2.21 tCO2e/$MNovantaYear: 2024Scope 1: 3,027 tCO2eRevenue: $M 949Scope 1 Intensity: 3.19 tCO2e/$MAmdocsYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 5,005Scope 1 Intensity: 0.29 tCO2e/$MFortiveYear: 2024Scope 1: 13,769 tCO2eRevenue: $M 6,232Scope 1 Intensity: 2.21 tCO2e/$M

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

In 2024, Fortive reported a Scope 1 emissions intensity of 2.21 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.71, 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 2024, Fortive ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Fortive reported a total carbon footprint of 542,849 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.22% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Fortive's total carbon footprint was Scope 3 emissions, accounting for 91.3% of the company's total carbon footprint, followed by Scope 2 emissions at 6.17%.a

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