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TI Fluid Systems Ltd

Common Name
TI Fluid Systems
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
27,600
Ticker
TIFS
Exchange
LONDON STOCK EXCHANGE
Description
Ti Fluid Systems plc is a leading global manufacturer of highly engineered automotive fluid systems. The company's primary function is to design and produce systems that store and transport critical f...

TI Fluid Systems's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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0000000
Total Scope 3
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a
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a
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a
0000000
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Verified Sources Behind TI Fluid Systems’s Greenhouse Gas (GHG) Emissions 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 TI Fluid Systems’s data sources below and access millions more through our Disclosure Search.

a. TI Fluid Systems's Sustainability Report 2024
a. TI Fluid Systems's Sustainability Report 2024

Insights into TI Fluid Systems's Operational Emissions

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

TI Fluid Systems's Scope 1 Emissions Over Time

202120222023202408 k16 k24 k32 ktCO2e+9%-11%-11%
  • Total Scope 1
  • Year-over-Year Change

What are TI Fluid Systems's Scope 1 emissions?

In 2024, the total Scope 1 emissions of TI Fluid Systems were 24,136 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has TI Fluid Systems reduced its Scope 1 emissions over time?

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

What are TI Fluid Systems's Scope 2 emissions?

In 2024, TI Fluid Systems reported Scope 2 greenhouse gas (GHG) emissions of 162,242 tCOâ‚‚e using the market-based method.a

Has TI Fluid Systems reduced its Scope 2 emissions over time?

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

What methodology does TI Fluid Systems use for Scope 2 reporting?

In 2024, TI Fluid Systems reported its Scope 2 emissions using the market-based method.a

TI Fluid Systems's Scope 2 Emissions Over Time

2021202220232024060 k120 k180 k240 ktCO2e
  • Total Scope 2 Market-Based

Insights into TI Fluid Systems's Value Chain Emissions

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

TI Fluid Systems's Scope 3 Emissions Over Time

20212022202320240300 k600 k900 k1.2 MtCO2e+2%+3%+6%
  • Total Scope 3
  • Year-over-Year Change

What are TI Fluid Systems's Scope 3 emissions?

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

Has TI Fluid Systems reduced its Scope 3 emissions over time?

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

What categories of Scope 3 emissions does TI Fluid Systems disclose?

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.

What are the main sources of TI Fluid Systems's Scope 3 emissions?

In 2024, the largest contributors to TI Fluid Systems's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 819,619 tCOâ‚‚e(70.79%)
  • Upstream Transportation and Distribution (Cat. 4): 118,775 tCOâ‚‚e(10.26%)
  • Capital Goods (Cat. 2): 88,988 tCOâ‚‚e(7.69%)

TI Fluid Systems's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(7.7%)Purchased Goods andServices (Cat. 1)(70.8%)UpstreamTransportation andDistribution(Cat. 4)(10.3%)

Insights into TI Fluid Systems's Total Carbon Footprint

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

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