Fortive Corporation

Industrial Machinery
FTV
$ 60 3
Share price
$ 21 bn
Market Cap
$ 24 bn
Enterprise Value

Carbon footprint

2.2 Ton
GHG emissions per $ 1 mln investment
0.05x the weighted average for S&P 500
FY2021
How is this calculated?
-8.9%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-11%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Fortive Corporation aims to reduce Scope 1 + 2 by 50% by 2025 from a base year 2017


This target has not been verified as science based according to SBTi
Fortive Corporation's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Fortive Corporation's GHG emissions (location-based) (Kt of CO2e)
Fortive Corporation's Carbon intensity (Tons per 1 USDm)

Fortive Corporation's carbon footprint

Fortive Corporation reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 54 Kt (-5.3 /-8.9% y-o-y). Also positively, carbon intensity dropped to 10 t (-2.5 /-19.7% y-o-y).

No public disclosure of Scope 3 emissions has been found for Fortive Corporation at the moment.

The company is committed to reducing Scope 1 + 2 by 50% by 2025 from a base year 2017, which translates into the estimated reduction of -5.7 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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