TCM Group A/S

Common Name
TCM Group
Country
Denmark
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
524
Ticker
TCM
Exchange
NASDAQ COPENHAGEN A/S
Description
TCM Group A/S is a leading furniture manufacturer based in Denmark, specializing in the design and production of kitchen, bathroom, and storage solutions. The company operates mainly within the Nordic...

TCM Group's Climate Target Data Preview

As of 2024, TCM Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 TCM Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
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Verified Sources Behind TCM Group’s Climate Targets Data

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. Explore TCM Group’s data sources below and access millions more through our Disclosure Search.

a. TCM Group's Annual Report 2024
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Insights into TCM Group's Greenhouse Gas Emissions Pathways

As of 2024, TCM Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does TCM Group have a target to reduce the emissions from its operations?

As of 2024, TCM Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

TCM Group's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 2,557 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

TCM Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

TCM Group's Operational (Scope 1+2) Emissions Pathway

20212024203006501.3 k1.95 k2.6 kBaselineCurrent (-53%)

Does TCM Group have a target to reduce the emissions from its value chain?

As of 2024, TCM Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

TCM Group's most ambitious value chain target is to reduce these emissions by 42% by 2050, compared to a baseline of 99,826 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

Instead of reducing value chain emissions, TCM Group has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target. a

TCM Group's Value Chain (Scope 3) Emissions Pathway

202320242050030 k60 k90 k120 kCurrent (+7%)Target 2050 (-42%)
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