Terex
Terex Corporation, commonly referred to as Terex, is a leading global manufacturer headquartered in the United States. Established in 1933, the company has evolved significantly, marking key milestones in the construction and materials handling industry. With major operational regions across North America, Europe, and Asia, Terex is renowned for its innovative solutions in the production of aerial work platforms, cranes, and material processing equipment. The company’s core products, including the Genie® and Demag® brands, are distinguished by their advanced engineering and commitment to safety and efficiency. Terex holds a strong market position, recognised for its dedication to sustainability and customer-centric approach. With a rich history and a focus on technological advancement, Terex continues to set industry standards, making it a trusted partner for construction and industrial sectors worldwide.
DitchCarbon Score
How does Terex's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Terex's score of 23 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Terex's reported carbon emissions
In 2024, Terex reported an emissions intensity of approximately 0.182 metric tons CO2e per million USD in revenue, with total revenue of about 5.13 billion USD. The company has not disclosed specific absolute emissions figures for this year. In 2023, the emissions intensity was significantly lower at about 0.0115 metric tons CO2e per million USD in revenue, with total revenue of approximately 5.15 billion USD. For 2022, Terex disclosed comprehensive emissions data, reporting total emissions of approximately 31,197,000 kg CO2e for Scope 1, 19,396,000 kg CO2e for Scope 2, and a substantial 152,826,000 kg CO2e for Scope 3 emissions. The total emissions for Scope 1 and 2 combined were about 50,593,000 kg CO2e. The Scope 3 emissions were primarily driven by purchased goods and services (approximately 84,348,000 kg CO2e) and fuel and energy-related activities (about 84,692,000 kg CO2e). Terex has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with the Science Based Targets initiative (SBTi). The absence of disclosed reduction targets suggests a need for further commitment to climate action within the industry context. Overall, Terex's emissions data highlights a focus on emissions intensity rather than absolute reductions, indicating potential areas for improvement in their sustainability strategy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 48,490,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 44,409,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Terex is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
