Tecnoglass Inc

Common Name
Tecnoglass
Country
Colombia
Sector
Basic Materials
Industry
Building Materials
Employees
9,837
Ticker
TGLS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Tecnoglass Inc. is a leading manufacturer of architectural glass, windows, and associated aluminum products. Its primary function is to design, fabricate, distribute, and install a variety of glass pr...

Tecnoglass's GHG Emissions Data Preview

In 2023, Tecnoglass 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).

However, Tecnoglass has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
0000000
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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 Tecnoglass's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Tecnoglass amounted to 86,375 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 Tecnoglass increased by 42.01%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Tecnoglass's Scope 1 Emissions Over Time

20222023025 k50 k75 k100 ktCO2e+53%
  • Total Scope 1
  • Year-over-Year Change

What are Tecnoglass's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Tecnoglass were 82,992 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Tecnoglass's Scope 1 emissions increased by 52.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Tecnoglass's Scope 2 emissions?

In 2023, Tecnoglass reported Scope 2 greenhouse gas (GHG) emissions of 3,383 tCOâ‚‚e without specifying the calculation method.

Has Tecnoglass reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Tecnoglass's Scope 2 emissions (Unspecified Calculation Method) fell by 47.87% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Tecnoglass use for Scope 2 reporting?

In 2023, Tecnoglass reported its Scope 2 emissions using an unspecified methodology.

Tecnoglass's Scope 2 Emissions Over Time

2022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Tecnoglass's Value Chain Emissions

In 2023, Tecnoglass reported 304,036 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 Tecnoglass includes a breakdown across 0 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.

Tecnoglass's Scope 3 Emissions Over Time

2023080 k160 k240 k320 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Tecnoglass's Scope 3 emissions?

In 2023, Tecnoglass reported total Scope 3 emissions of 304,036 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Insights into Tecnoglass's Total Carbon Footprint

In 2023, Tecnoglass reported a total carbon footprint of 390,411 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 541.86% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Tecnoglass's total carbon footprint was Scope 3 emissions, accounting for 77.88% of the company's total carbon footprint, followed by Scope 1 emissions at 21.26%.

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