Graco Inc

Common Name
Graco
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
4,300
Ticker
GGG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Graco Inc. is a renowned manufacturing company known for producing fluid handling systems and components. Founded in 1926 and headquartered in Minneapolis, Minnesota, Graco specializes in equipment th...

Graco's GHG Emissions Data Preview

In 2023, Graco 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, Graco 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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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Graco’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 Graco’s data sources below and access millions more through our Disclosure Search.

a. Graco's ESG Report 2023
a. Graco's ESG Report 2023

Insights into Graco's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Graco amounted to 47,641 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 Graco decreased by 1.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Graco's Scope 1 Emissions Over Time

20212022202304 k8 k12 k16 ktCO2e+14%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Graco's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Graco were 14,247 metric tons of CO₂ equivalent (tCO₂e). a

Has Graco reduced its Scope 1 emissions over time?

Since 2021, Graco's Scope 1 emissions have increased by 10.49%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Graco's Scope 1 emissions decreased by 3.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Graco's Scope 2 emissions?

In 2023, Graco reported Scope 2 greenhouse gas (GHG) emissions of 33,394 tCO₂e using the location-based method. a

Has Graco reduced its Scope 2 emissions over time?

Since 2021, Graco's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Graco 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Graco's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Graco 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Graco use for Scope 2 reporting?

In 2023, Graco reported its Scope 2 emissions using the location-based method. a

Graco's Scope 2 Emissions Over Time

20212022202308.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based

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

In 2023, Graco reported Scope 1 greenhouse gas (GHG) emissions of 14,247 tCO₂e and total revenues of USD 2,196 millions. This translates into an emissions intensity of 6.49 tCO₂e per millions USD. a

Graco'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: $M 3,431Scope 1 Intensity: 6.94 tCO2e/$MNordsonYear: 2023Scope 1: 5,986 tCO2eRevenue: $M 2,629Scope 1 Intensity: 2.28 tCO2e/$MMiddlebyYear: 2021Scope 1: 17,748 tCO2eRevenue: $M 3,251Scope 1 Intensity: 5.46 tCO2e/$MCraneYear: 2023Scope 1: 13,970 tCO2eRevenue: $M 2,086Scope 1 Intensity: 6.70 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MGracoYear: 2023Scope 1: 14,247 tCO2eRevenue: $M 2,196Scope 1 Intensity: 6.49 tCO2e/$M

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

In 2023, Graco reported a Scope 1 emissions intensity of 6.49 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 Graco rank on GHG emissions intensity within its industry?

In 2023, Graco ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Graco 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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