In 2024, CTCI completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CTCI has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,683a | 4,248a | 5,501a | |
Total Scope 2 | ||||
Market-Based | 5,428a | 5,246a | 5,486a | |
Location-Based | 6,910a | 6,731a | 5,537a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 801,741a | 592,199a | 773,948a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2793a | 1.2588a | 1.7775a |
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In 2024, the total operational greenhouse gas (GHG) emissions of CTCI amounted to 11,593 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of CTCI increased by 5.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of CTCI were 4,683 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, CTCI's Scope 1 emissions have decreased by 38.22%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), CTCI's Scope 1 emissions increased by 10.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, CTCI reported Scope 2 greenhouse gas (GHG) emissions of 5,428 tCO₂e using the market-based method and 6,910 tCO₂e using the location-based method.a
Compared to the previous year (2023), CTCI's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CTCI's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, CTCI reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, CTCI reported 801,741 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CTCI includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, CTCI reported total Scope 3 emissions of 801,741 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.45% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), CTCI's Scope 3 emissions increased by 35.38%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, CTCI reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to CTCI's Scope 3 emissions were:a
In 2024, CTCI reported Scope 1 greenhouse gas (GHG) emissions of 4,683 tCO₂e and total revenues of USD 3,661 millions. This translates into an emissions intensity of 1.28 tCO₂e per millions USD.a
In 2024, CTCI reported a Scope 1 emissions intensity of 1.28 tCO₂e per millions USD. Compared to the peer group median of 9.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, CTCI ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places CTCI among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, CTCI reported a total carbon footprint of 813,334 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.84% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to CTCI's total carbon footprint was Scope 3 emissions, accounting for 98.57% of the company's total carbon footprint, followed by Scope 2 emissions at 0.85%.a