In 2024, Tandem Group 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).
Tandem Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 32.2a | 26.68a |
Total Scope 2 | ||
Unspecified Calculation Method | 35.58a | 33.66a |
Total Scope 3 | 1.42a | 7.97a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.0423a | 0.942a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.
In 2024, the total operational greenhouse gas (GHG) emissions of Tandem Group amounted to 67.78 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 Tandem Group increased by 12.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Tandem Group were 32.2 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Tandem Group's Scope 1 emissions increased by 20.69%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Tandem Group reported Scope 2 greenhouse gas (GHG) emissions of 35.58 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Tandem Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Tandem Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Tandem Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Tandem Group reported 1.42 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 Tandem Group includes a breakdown across 1 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, Tandem Group reported total Scope 3 emissions of 1.42 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Tandem Group's Scope 3 emissions decreased by 82.18%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Tandem Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Tandem Group's Scope 3 emissions were:a
In 2024, Tandem Group reported Scope 1 greenhouse gas (GHG) emissions of 32.2 tCO₂e and total revenues of USD 31 millions. This translates into an emissions intensity of 1.04 tCO₂e per millions USD.a
In 2024, Tandem Group reported a Scope 1 emissions intensity of 1.04 tCO₂e per millions USD. Compared to the peer group median of 2.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Tandem Group ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Tandem Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Tandem Group reported a total carbon footprint of 69.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.3% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Tandem Group's total carbon footprint was Scope 2 emissions, accounting for 51.42% of the company's total carbon footprint, followed by Scope 1 emissions at 46.53%.a