In 2024, Snap-On 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, Snap-On has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 32,494a | 40,601b | 40,679c | |
Total Scope 2 | ||||
Unspecified Calculation Method | 56,591a | 58,421b | 61,126c | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.3609a | 8.5834b | 9.0543c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Snap-On amounted to 89,085 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 2023, the total operational greenhouse gas (GHG) emissions of Snap-On decreased by 10.04%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Snap-On were 32,494 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Snap-On's Scope 1 emissions have increased by 26.73%, reflecting a rising long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2023), Snap-On's Scope 1 emissions decreased by 19.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Snap-On reported Scope 2 greenhouse gas (GHG) emissions of 56,591 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Snap-On's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Snap-On's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Snap-On reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Snap-On reported Scope 1 greenhouse gas (GHG) emissions of 32,494 tCO₂e and total revenues of USD 5,108 millions. This translates into an emissions intensity of 6.36 tCO₂e per millions USD.a
In 2024, Snap-On reported a Scope 1 emissions intensity of 6.36 tCO₂e per millions USD. Compared to the peer group median of 6.91, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Snap-On ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Snap-On is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a