In 2024, 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 5 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 | 22,351,000a | 21,520,000a | 21,748,000a | |
Total Scope 2 | ||||
Location-Based | 426,000a | 548,000a | 560,000a | |
Total Scope 3 | 4,178,000a | 4,182,000a | 4,218,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,334.7504a | 1,787.9952a | 1,965.3424a |
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 TC Energy amounted to 22,777,000 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of TC Energy increased by 3.21%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of TC Energy were 22,351,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, TC Energy's Scope 1 emissions have increased by 22.24%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), TC Energy's Scope 1 emissions increased by 3.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, TC Energy reported Scope 2 greenhouse gas (GHG) emissions of 426,000 tCO₂e using the location-based method.a
Since 2019, TC Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 80.02%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), TC Energy's Scope 2 emissions (Location-Based) fell by 22.26% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, TC Energy reported its Scope 2 emissions using the location-based method.a
In 2024, TC Energy reported 4,178,000 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 TC Energy includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, TC Energy reported total Scope 3 emissions of 4,178,000 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
Since 2019, TC Energy's Scope 3 emissions have increased by 33.23%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), TC Energy's Scope 3 emissions remained relatively stable, indicating that TC Energy's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, TC Energy reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to TC Energy's Scope 3 emissions were:a
In 2024, TC Energy reported Scope 1 greenhouse gas (GHG) emissions of 22,351,000 tCO₂e and total revenues of USD 9,573 millions. This translates into an emissions intensity of 2,334.75 tCO₂e per millions USD.a
In 2024, TC Energy reported a Scope 1 emissions intensity of 2,334.75 tCO₂e per millions USD. Compared to the peer group median of 622.65, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, TC Energy ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places TC Energy among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, TC Energy reported a total carbon footprint of 26,955,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.69% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to TC Energy's total carbon footprint was Scope 1 emissions, accounting for 82.92% of the company's total carbon footprint, followed by Scope 3 emissions at 15.5%.a