2023 Sustainability Highlights
Reducing Our Environmental Footprint
- ~30% absolute reduction in Scope 1 and Scope 2 GHG emissions through 2023, compared with a 2021 baseline
- 65% of our total electricity spend was on green electricity
- Completed 10+ solar projects, with 20+ projects in the due diligence phase
- 25% increase in recyclable waste
Innovating for a Cleaner Environment
- ~31% of ITW’s revenue came from clean-tech products, up from 22% in 2017
- ~19,600 granted and pending patents through 2023
- Clean-tech product examples include automotive OEM lightweighting, energy/water conservation in food equipment and emissions reductions in welding
Cultivating An Inclusive Workplace
- 87% of colleagues* recommend ITW as a great place to work
- 2,000+ global managers and supervisors participated in ITW’s Inclusive Leader training
- 1,900+ colleagues on hiring and interview teams participated in ITW’s Inclusive Recruiting training
- 6,000+ colleagues actively engaged in events across 7 Employee Resource Groups with 55 global chapters
Harnessing the Power of Diversity
- 29% women (global) and 20% people of color (U.S. only) among our top 1,000 leaders
- 42% overall Board diversity**
- 25% gender diversity
- 17% racial/ethnic diversity
Investing in Our Communities
- $22+ million in total philanthropic giving
- 5-year, $2.5 million investment in the Austin/Belmont-Cragin neighborhood in Chicago
- $40+ million multi-year investment in buildings and property acquisition, capital improvements and workforce development to add manufacturing jobs in the Austin/Belmont-Cragin neighborhood
- ~$200 million spent with diverse suppliers
* Based on the McKinsey & Company’s Women in the Workplace Study survey, which ITW distributed to more than 6,100 U.S. professional colleagues to better understand their ITW experiences
** Data as of March 1, 2024
