ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.5 billion in 2021. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. Mission: You see ITW’s Values — Integrity, Simplicity, Trust, Respect & Shared Risk – in action every day in how we treat each other and how our leaders lead.
ITW
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1.26
Overall Excellence Rating
Industry
ManufacturingCategory
Chemical ManufacturingESG/Ethical Impact
We made significant progress in reducing our environmental impact. We reduced our combined Scope 1 and Scope 2 greenhouse gas (GHG) emissions per U.S. dollar of operating revenue by 45% from the 2017 baseline, exceeding our goal of a 40% reduction ahead of our 2030 target date. In collaboration with our Board of Directors, in 2022, we also refreshed our sustainability strategy. Our goal was to ensure that our strategy fits our business, reflects a commitment to continuous improvement and is fact-based, realistic and aligned with our “Do What We Say” philosophy. A key aspect of this refresh was to establish a new GHG emissions reduction target: to achieve a 50% absolute reduction of Scope 1 and Scope 2 GHG emissions by 2030, compared with a 2021 baseline. We recognize that setting an absolute reduction target is necessary to drive meaningful progress toward addressing climate change, and our strategy to achieve this goal aligns with known technologies for GHG emissions reduction. While our focus is on operationalizing our new Scope 1 and Scope 2 emissions reduction target, we continue to take a data-driven approach to study our Scope 3 emissions as well as the feasibility, actions and associated costs for a potential path toward carbon neutrality.
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Awards Received
2023
Revenues
16107000000.00
Website Traffic
Employee Rating
3.70
Customer Rating
3.90
Company Size
10000+
ESG Risk Rating
3.00
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