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Illinois Tool Works Inc
Illinois Tool Works's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | 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 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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 |
Verified Sources Behind Illinois Tool Works’s Greenhouse Gas (GHG) Emissions Data
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Insights into Illinois Tool Works's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofIllinois Tool Works amounted to495,154metric 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 Illinois Tool Worksdecreased by 2.82%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Illinois Tool Works's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Illinois Tool Works's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Illinois Tool Works were 129,526 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Illinois Tool Works reduced its Scope 1 emissions over time?
Since 2019, Illinois Tool Works's Scope 1 emissions have decreased by 2.26%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Illinois Tool Works's Scope 1 emissions increased by 1.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Illinois Tool Works's Scope 2 emissions?
In 2024, Illinois Tool Works reported Scope 2 greenhouse gas (GHG) emissions of 110,959 tCOâ‚‚e using the market-based method and 365,628 tCOâ‚‚e using the location-based method.a
Has Illinois Tool Works reduced its Scope 2 emissions over time?
Since 2019, Illinois Tool Works's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 11.76%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), 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.a
What methodology does Illinois Tool Works use for Scope 2 reporting?
In 2024, Illinois Tool Works reported its Scope 2 emissions using the market-based method and using the location-based method.a
Illinois Tool Works's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Illinois Tool Works’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Illinois Tool Works reported Scope 1 greenhouse gas (GHG) emissions of 129,526 tCOâ‚‚e and total revenues of USD 15,898 millions. This translates into an emissions intensity of 8.15 tCOâ‚‚e per millions USD.a
Illinois Tool Works's Scope 1 Emissions Intensity Compared to Peers
How does Illinois Tool Works's GHG emissions intensity compare to its peers?
In 2024, Illinois Tool Works reported a Scope 1 emissions intensity of 8.15 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.11, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Illinois Tool Works rank on GHG emissions intensity within its industry?
In 2024, Illinois Tool Works ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Illinois Tool Works is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a