As of 2024, TI Fluid Systems 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 TI Fluid Systems ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, TI Fluid Systems 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.
As of 2024, TI Fluid Systems has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
TI Fluid Systems's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 258,868 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
As of 2024, TI Fluid Systems is ahead of schedule on its operational emissions reduction target, having achieved 56% of the planned reduction.
As of 2024, TI Fluid Systems 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.
TI Fluid Systems's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 1,051,797 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
Instead of reducing value chain emissions, TI Fluid Systems has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.