TCM Group A/S

Common Name
TCM Group
Country
Denmark
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
537
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 2023, TCM Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction 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 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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2030

This table provides a simplified preview of selected climate targets 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 TCM Group's Greenhouse Gas Emissions Pathways

As of 2023, TCM Group 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.

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

As of 2023, TCM Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

TCM Group's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 2,340 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

TCM Group has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

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

20212023203006001.2 k1.8 k2.4 kBaselineCurrent (-47%)
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