Ceratizit
Ceratizit, officially known as Ceratizit S.A., is a leading player in the cutting tool and hard material industry, headquartered in Luxembourg (LU). Founded in 2002, the company has rapidly established itself as a key provider of innovative solutions across Europe, Asia, and the Americas. Specialising in high-performance cutting tools, hard materials, and wear protection products, Ceratizit is renowned for its commitment to quality and technological advancement. Their unique offerings include carbide tools and customised solutions that cater to diverse sectors such as automotive, aerospace, and metalworking. With a strong market position, Ceratizit has achieved notable milestones, including strategic acquisitions that have expanded its product portfolio and global reach. The company continues to set industry standards, making it a trusted partner for manufacturers seeking precision and reliability in their operations.
DitchCarbon Score
How does Ceratizit'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 Machinery and Equipment 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
Ceratizit's score of 41 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceratizit's reported carbon emissions
Ceratizit S.A., headquartered in Luxembourg (LU), has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Ceratizit aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2040. For the near term, the company has committed to reducing absolute Scope 1, 2, and 3 greenhouse gas emissions by 54% by FY2030, using FY2020 as the baseline year. This includes emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, and investments. In the long term, Ceratizit has set a target to reduce absolute emissions by 90% by FY2040 from the same baseline year. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Ceratizit is a member of the BA1.5 initiative, demonstrating its commitment to climate action and sustainability within the technology hardware and equipment sector.
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.
Ceratizit is participating in some 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.
