Illinois Tool Works

Industrial Machinery

ITW

$ 243 0.3

Share price

$ 73 bn

Market Cap

$ 80 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.18x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8.2% weighted average for S&P 500

FY2023

Illinois Tool Works aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2021

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Illinois Tool Works reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 505 Kt (-1.9 /-0.4% y-o-y). Also positively, carbon intensity declined to 32 t (-3.4 /-9.7% y-o-y).

No public disclosure of Scope 3 emissions has been found for Illinois Tool Works at the moment.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2021, which translates into the estimated reduction of -31 Kt per annum over the period of FY2023 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	505	111	394	15,932	32
2021Q4	507	111	397	14,455	35
2020Q4	541	108	437	12,574	43
2019Q4	603	133	476	14,109	43
2018Q4	608	141	467	14,768	41
2017Q4	660	131	524	14,314	46
2016Q4	637	109	529	13,599	47
2015Q4	588	113	475	13,405	44
2014Q4	651	126	525	14,484	45

Illinois Tool Works

Carbon footprint

Primary Climate Goal

Illinois Tool Works aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2021

GHG emissions and Carbon intensity

Illinois Tool Works's carbon footprint

Company environmental metrics