TC Energy Corp

Common Name
TC Energy
Country
Canada
Sector
Energy
Industry
Oil & Gas Midstream
Employees
6,668
Ticker
TRP
Exchange
TORONTO STOCK EXCHANGE
Description
TC Energy Corporation is a leading North American energy infrastructure company that primarily focuses on the development, ownership, and operation of major pipelines and power generation assets. The ...

TC Energy's GHG Emissions Data Preview

In 2023, TC Energy 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).

TC Energy has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into TC Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of TC Energy amounted to 22,938,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of TC Energy decreased by 1.32%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

TC Energy's Scope 1 Emissions Over Time

20182019202020212022202305.5 M11 M16.5 M22 MtCO2e-1%+9%+6%-1%
  • Total Scope 1
  • Year-over-Year Change

What are TC Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of TC Energy were 20,902,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), TC Energy's Scope 1 emissions decreased by 1.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are TC Energy's Scope 2 emissions?

In 2023, TC Energy reported Scope 2 greenhouse gas (GHG) emissions of 2,036,000 tCOâ‚‚e using the location-based method.

Has TC Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2022), TC Energy's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that TC Energy 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does TC Energy use for Scope 2 reporting?

In 2023, TC Energy reported its Scope 2 emissions using the location-based method.

TC Energy's Scope 2 Emissions Over Time

2018201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based

Insights into TC Energy's Value Chain Emissions

In 2023, TC Energy reported 4,434,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of TC Energy includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

TC Energy's Scope 3 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e+4%-14%+18%+11%+26%
  • Total Scope 3
  • Year-over-Year Change

What are TC Energy's Scope 3 emissions?

In 2023, TC Energy reported total Scope 3 emissions of 4,434,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has TC Energy reduced its Scope 3 emissions over time?

Since 2018, TC Energy's Scope 3 emissions have increased by 46.53%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), TC Energy's Scope 3 emissions increased by 26%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does TC Energy disclose?

In 2023, TC Energy reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of TC Energy's Scope 3 emissions?

In 2023, the largest contributors to TC Energy's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 4,352,000 tCOâ‚‚e (98.13%)
  • Waste Generated in Operations (Cat. 5): 61,000 tCOâ‚‚e (1.38%)
  • Upstream Leased Assets (Cat. 8): 15,000 tCOâ‚‚e (0.34%)

TC Energy's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(98.1%)Waste Generated inOperations (Cat. 5)(1.4%)

Insights into TC Energy's Total Carbon Footprint

In 2023, TC Energy reported a total carbon footprint of 27,372,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.27% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to TC Energy's total carbon footprint was Scope 1 emissions, accounting for 76.36% of the company's total carbon footprint, followed by Scope 3 emissions at 16.2%.

Want Full Access to TC Energy's GHG Emissions Dataset?
Sign Up