Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

TTI Commits to Setting Science-Based Targets

Global power equipment and floorcare & cleaning company Techtronic Industries Co. Ltd. (“TTI” or the “Company”) (stock code: HK:0669, ADR symbol: TTNDY) is proud to announce it has committed to setting Science-Based targets by signing the Science Based Target initiatives (SBTi) commitment letter. This action officially aligns the Company with the mission of the Paris Agreement and establishes our commitment to reducing carbon emissions throughout our value chain.

We are progressing towards our Scope 1 and Scope 2 reduction goal of a 60% absolute reduction by 2030, based on our 2021 baseline. In 2022, we improved our emission intensity by 4%, as compared to the prior year, resulting in an absolute total CO2e emissions reduction of 6,000 tonnes. To complete our commitment, we plan to validate our current 60% reduction and complete our Scope 3 mapping to submit our reduction targets to SBTi for validation by 2025.

Sustainability is an important part of TTI’s culture, and we are well positioned to accelerate our sustainability journey and achieve our goals and objectives. We look forward to sharing the full 2022 TTI Environmental, Social, and Governance report, prepared in accordance with Appendix 27 of The Stock Exchange of Hong Kong Listing Rules on April 17, 2023 with further details.

About TTI

TTI is a world leader in cordless technology spanning Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products for the DIY, consumer, professional, and industrial users in the home, construction, maintenance, industrial and infrastructure industries. The Company has a foundation built on four strategic drivers – Powerful Brands, Innovative Products, Exceptional People and Operational Excellence - reflecting an expansive long-term vision to advance cordless technology. The global growth strategy of the relentless pursuit of product innovation has brought TTI to the forefront of its industries while maintaining high environmental, social and corporate governance standards. TTI's powerful brand portfolio includes MILWAUKEE, AEG and RYOBI power tools, accessories and hand tools, RYOBI and HOMELITE outdoor products, EMPIRE layout and measuring products, and HOOVER, ORECK, VAX and DIRT DEVIL floorcare cleaning products and solutions.

Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is one of the constituent stocks of the Hang Seng Index, Hang Seng Corporate Sustainability Benchmark Index, FTSE RAFITM All-World 3000 Index, FTSE4Good Developed Index, and MSCI ACWI Index. For more information, please visit www.ttigroup.com.

All trademarks listed other than AEG and RYOBI are owned by the Group. AEG is a registered trademark of AB Electrolux (publ.), and is used under license. RYOBI is a registered trademark of Ryobi Limited, and is used under license.

Contacts

For Investor Relations enquiries:

Main Contact

TTI Investor Relations

Tel: +1 (954) 541-9660

Email: ir@ttihq.com

Asia/Pacific

TTI Investor Relations

Tel: +(852) 2402 6888

Email: ir@tti.com.hk

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