Hyster-Yale Materials Handling, Inc.
Hyster-Yale Materials Handling, Inc., a prominent player in the materials handling industry, is headquartered in the United States. Founded in 1989, the company has established itself as a leader in the design and manufacture of forklifts and other material handling equipment, serving major operational regions across North America, Europe, and Asia. Hyster-Yale is renowned for its innovative products, including electric and internal combustion forklifts, pallet jacks, and warehouse solutions, which are distinguished by their reliability and advanced technology. The company has achieved significant milestones, including the introduction of eco-friendly models that enhance operational efficiency while reducing environmental impact. With a strong market position, Hyster-Yale continues to be recognised for its commitment to quality and customer satisfaction, making it a trusted choice for businesses seeking effective material handling solutions.
DitchCarbon Score
How does Hyster-Yale Materials Handling, Inc.'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 Transport Equipment 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
Hyster-Yale Materials Handling, Inc.'s score of 27 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyster-Yale Materials Handling, Inc.'s reported carbon emissions
In 2022, Hyster-Yale Materials Handling, Inc. reported total carbon emissions of approximately 48,074,000 kg CO2e. This figure includes 17,558,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 30,516,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, the company also reported a significant Scope 3 emission of 447,000,000 kg CO2e, primarily from waste generated in operations. Hyster-Yale has set ambitious long-term reduction targets, aiming to decrease its global carbon emissions by 30% across all scopes by 2026, using 2015 as the baseline year. This commitment includes specific targets for Scope 1 and Scope 2 emissions, as well as a focus on reducing volatile organic compound (VOC) emissions from painting operations by the same percentage. The company is currently on track to meet or exceed these aspirations, demonstrating a proactive approach to climate responsibility and sustainability within the materials handling industry.
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| 2022 | |
|---|---|
| Scope 1 | 17,558,000 |
| Scope 2 | 30,516,000 |
| Scope 3 | 447,000,000 |
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.
Hyster-Yale Materials Handling, Inc. 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.
