TC Energy Corp
TC Energy's Climate Target Data Preview
As of 2024, TC Energy has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into TC Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Fugitive, Scope 1 - Venting, Scope 1 - Flaring | Metric Tonnes of CH4 (mtCH4) | Copy restricted. Please purchase to unlock this data.  a, b | 2025 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced | Copy restricted. Please purchase to unlock this data.  c | 2030 |
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Verified Sources Behind TC Energy’s Climate Targets Data
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Insights into TC Energy's Greenhouse Gas Emissions Pathways
As of 2024, TC Energy has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b c
Does TC Energy have a target to reduce the emissions from its operations?
As of 2024, TC Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b c
TC Energy's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced in 2019. a b c
Instead of reducing operational emissions, TC Energy has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a b c