Snap-On Inc

Common Name
Snap-On
Country
United States
Sector
Industrials
Industry
Tools & Accessories
Employees
13,000
Ticker
SNA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Snap-on Inc. is a leading manufacturer and marketer of high-quality tools and equipment for professional use. The company's primary function revolves around providing innovative and reliable solutions...

Snap-On Energy Data Preview

In 2023, Snap-On disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Snap-On also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Snap-On also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Snap-On also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Snap-On's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Snap-On's Energy Renewability

In 2023, Snap-On consumed a total of 1.27 million Gigajoules of energy across its operations. Of this total, 9.59% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 90.41% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Snap-On's Energy Renewability Rate

10%

How much of Snap-On's energy consumed is renewable?

In 2023, Snap-On consumed a total of 1.27 million Gigajoules of energy, of which 9.59% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Snap-On has considerable room to improve its energy sustainability strategy.

Insights into Snap-On's Energy Consumption & Production Mix

In 2023, Snap-On disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Snap-On's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Snap-On's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(49.5%)Natural Gas(33.2%)Diesel(15.1%)

What are the main sources and generation technologies behind Snap-On's energy consumption?

In 2023, Snap-On's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (49.51%)
  • Natural Gas (33.15%)
  • Diesel (15.09%)

How diverse is Snap-On’s energy consumption mix?

In 2023, Snap-On consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by Snap-On to produce energy?

In 2023, Snap-On's energy production came primarily from

  • Solar Energy (100%)

How diverse is Snap-On’s energy production mix?

In 2023, Snap-On produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.

Snap-On's Energy Produced by Sources and Technologies

Solar Energy(100.0%)

Insights into Snap-On's Energy Inflows & Self-Sufficiency

In 2023, Snap-On reported total energy inflows of 642,556.8 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 629,467.2 Gigajoules purchased from external suppliers and 13,089.6 Gigajoules generated through internal production. This corresponds to a production share of 2.04%.

Snap-On's Energy Purchased vs Produced Over Time

20230200 k400 k600 k800 kGigajoules (GJ)98%
  • Total Energy Produced
  • Total Energy Purchased
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