Snap-On Inc

Machinery Tools Heavy Vehicles Trains & Ships

Company Summary

Snap-On, Inc. is a machinery company based in the United States of America with a medium risk rating score of 27.6. Specializing in premium tools and software for repair professionals, Snap-On operates through three segments: repair systems and information, commercial and industrial, and tools. The company's unique business model involves franchisee-operated mobile van networks that serve auto technicians who purchase tools at their own expense. Franchisees bear significant risk by investing in the mobile van, inventory, and software, while also extending personal credit to technicians. Snap-On's finance arm provides financing, including loans and leases for mobile vans, to support franchisees. The company's focus on environment, sustainability, and governance (ESG) makes it a standout in the industry.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

30.8
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Machinery264 out of 617
Universe
Global Universe10015 out of 16215

Overall ESG Rating :

47
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E28S56G57

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Snap-On is average among 46 companies in the industrial machinery industry.

Temperature Rise :

2.5℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned