Illinois Tool Works Inc

Common Name
Illinois Tool Works
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
44,000
Ticker
ITW
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Illinois Tool Works Inc. is a multinational manufacturer specializing in industrial equipment and tools. The company is renowned for creating engineered products and systems, serving diverse sectors s...

Illinois Tool Works's GHG Emissions Data Preview

In 2023, Illinois Tool Works 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, Illinois Tool Works has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Illinois Tool Works's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Illinois Tool Works amounted to 509,517 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Illinois Tool Works decreased by 4.55%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Illinois Tool Works's Scope 1 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e-6%-18%+27%+1%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Illinois Tool Works's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Illinois Tool Works were 128,092 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Illinois Tool Works reduced its Scope 1 emissions over time?

Since 2018, Illinois Tool Works's Scope 1 emissions have decreased by 9.3%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Illinois Tool Works's Scope 1 emissions decreased by 7.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Illinois Tool Works's Scope 2 emissions?

In 2023, Illinois Tool Works reported Scope 2 greenhouse gas (GHG) emissions of 154,136 tCOâ‚‚e using the market-based method, and 381,425 tCOâ‚‚e using the location-based method.

Has Illinois Tool Works reduced its Scope 2 emissions over time?

Since 2018, Illinois Tool Works's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.28%, reflecting a declining long-term trend in Scope 2 emissions over time.

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

What methodology does Illinois Tool Works use for Scope 2 reporting?

In 2023, Illinois Tool Works reported its Scope 2 emissions using the market-based method and using the location-based method.

Illinois Tool Works's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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