Illinois Tool Works Inc 2023 SR
The report highlights Illinois Tool Works Inc.'s (ITW) progress in its sustainability journey, specifically achieving an approximate 30% absolute reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to a 2021 baseline. The company increased its clean-tech product revenue to 31% of total revenue, totaling $5 billion. ITW also focused on diversity, reaching 29% women in global leadership and 20% racial/ethnic diversity in U.S. leadership. Furthermore, the company invested over $22 million in philanthropic giving and committed to a multi-year $40 million investment in Chicago neighborhoods. The report aligns with SASB and TCFD frameworks, reflecting ITW's commitment to transparent reporting and its goal of a 50% absolute GHG reduction by 2030.
Company: Illinois Tool Works Inc
Sector: Industrials
Country: United States
Year: 2023
Type: SR
Pages: 27
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Illinois Tool Works Inc
Sustainability Report
The report highlights Illinois Tool Works Inc.'s (ITW) progress in its sustainability journey, specifically achieving an approximate 30% absolute reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to a 2021 baseline. The company increased its clean-tech product revenue to 31% of total revenue, totaling $5 billion. ITW also focused on diversity, reaching 29% women in global leadership and 20% racial/ethnic diversity in U.S. leadership. Furthermore, the company invested over $22 million in philanthropic giving and committed to a multi-year $40 million investment in Chicago neighborhoods. The report aligns with SASB and TCFD frameworks, reflecting ITW's commitment to transparent reporting and its goal of a 50% absolute GHG reduction by 2030.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees