Illinois Tool Works (ITW)

Overall impact
D (36)

Commentary

Illinois Tool Works is a below-average overall performer. With a 'D' rating of 35.7 for overall impact (bottom 25% of all companies), Illinois Tool Works ranks 64th out of 76 industry peers, behind Cummins, Ocean Power Technologies, Ideal Power and 60 others, and ahead of Piedmont Lithium, Crane Holdings, Carrier Global and 9 others. On top material causes for Illinois Tool Works's industry (Manufacturing), Illinois Tool Works performs well in Sanitation Access (82.8 score) and performs poorly in No Poverty (15.5 score), Accountable Institutions (38.1), Improved Mental Health (19.6) and 10 other causes where it received a 'D' or 'F' score.
Impact
Cause ITW
Peer rank
Overall impact

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Company
Founded
1912
Employees
44,000
Sector
Industrials
Industry
Machinery
Sub-industry
Industrial Machinery & Supplies & Components
SASB industry
Industrial Machinery & Goods
Headquarters
Il, United States
Share classes
ITW
Description
Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.
Material causes
Ethos considers the following causes material for Illinois Tool Works, based on its industry sub-industry Industrial Machinery & Supplies & Components. Learn more about material causes in our methodology overview.

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