In 2024, CTI 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).
However, CTI has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 7,797.14a | 10,068.06a | 9,557.98a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 99,253.21a | 90,524.59a | 79,474a | |
Total Scope 3 | 44,834.26a | 45,413.26a | 41,908.35a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 9.3531a | 12.7669a | 12.9715a |
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In 2024, the total operational greenhouse gas (GHG) emissions of CTI amounted to 107,050.35 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 CTI increased by 6.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of CTI were 7,797.14 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, CTI's Scope 1 emissions have decreased by 2.65%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), CTI's Scope 1 emissions decreased by 22.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, CTI reported Scope 2 greenhouse gas (GHG) emissions of 99,253.21 tCO₂e without specifying the calculation method.a
Since 2020, CTI's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 55.45%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), CTI's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that CTI's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, CTI reported its Scope 2 emissions using an unspecified methodology.a
In 2024, CTI reported 44,834.26 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 CTI includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, CTI reported total Scope 3 emissions of 44,834.26 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, CTI's Scope 3 emissions have increased by 10.54%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), CTI's Scope 3 emissions remained relatively stable, indicating that CTI's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, CTI reported Scope 1 greenhouse gas (GHG) emissions of 7,797.14 tCO₂e and total revenues of USD 834 millions. This translates into an emissions intensity of 9.35 tCO₂e per millions USD.a
In 2024, CTI reported a Scope 1 emissions intensity of 9.35 tCO₂e per millions USD. Compared to the peer group median of 1.92, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, CTI ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
CTI is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, CTI reported a total carbon footprint of 151,884.61 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.03% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to CTI's total carbon footprint was Scope 2 emissions, accounting for 65.35% of the company's total carbon footprint, followed by Scope 3 emissions at 29.52%.a