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In 2024, TI Fluid Systems 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).
TI Fluid Systems has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofTI Fluid Systems amounted to186,378metric 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 TI Fluid Systemsdecreased by 15.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of TI Fluid Systems were 24,136 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2021, TI Fluid Systems's Scope 1 emissions have decreased by 13.06%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), TI Fluid Systems's Scope 1 emissions decreased by 10.95%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, TI Fluid Systems reported Scope 2 greenhouse gas (GHG) emissions of 162,242 tCOâ‚‚e using the market-based method.a
Since 2021, TI Fluid Systems's Scope 2 greenhouse gas (GHG) emissions (Market-Based)have decreased by 29.8%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), TI Fluid Systems's Scope 2 emissions(Market-Based) fell by 15.98% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, TI Fluid Systems reported its Scope 2 emissions using the market-based method.a
In 2024, TI Fluid Systems reported 1,157,841 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of TI Fluid Systems includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, TI Fluid Systems reported total Scope 3 emissions of 1,157,841 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.24%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.76%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, TI Fluid Systems's Scope 3 emissionshave increased by 10.08%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), TI Fluid Systems's Scope 3 emissions remained relatively stable, indicating that TI Fluid Systems's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, TI Fluid Systems reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to TI Fluid Systems's Scope 3 emissions were:a
In 2024, TI Fluid Systems reported a total carbon footprint of 1,344,219 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.19% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to TI Fluid Systems's total carbon footprint was Scope 3 emissions, accounting for 86.13% of the company's total carbon footprint, followed by Scope 2 emissions at 12.07%.a