2024 Sustainability Highlights
Reducing Our Environmental Footprint
- ~40% absolute reduction of Scope 1 and Scope 2 (market-based) GHG emissions through 2024, compared with a 2021 baseline year
- Renewable electricity constituted ~66% of our total spend
- ~8% increase in recyclable waste
Innovating & Operating Responsibly
- $5 billion of clean-tech products sold, ~32% of ITW’s 2024 revenue
- 92% of our U.S. preferred carriers were SmartWay carriers, and 81% of our European carriers were Lean & Green carriers
- ~85% of the total third-party spend across our supply chain was supported by a “buy local, sell local” sourcing strategy
- 18% increase in patent filings, with ~21,000 total pending and granted patents protecting customer solutions
Respecting & Protecting Our Colleagues
- Total recordable incident rate (TRIR) and lost time incident rate (LTIR) were down ~40% since 2016
- 35 divisions with zero lost time incidents
- 84% of respondents to our U.S. colleague survey say ITW is a great place to work
- 1,000+ colleagues participated in training to build inclusive workplaces
Commitment to Our Communities
- $22.5 million in total philanthropic giving in 2024
- 1,665+ Chicago-area students served by the ITW David Speer Academy since opening its doors in 2014; 90% of 2024 graduates accepted into college
- 16,300+ hours of employee volunteer service recorded
