In 2023, TIPCO Asphalt 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) and Scope 2 (indirect emissions from purchased energy).
However, TIPCO Asphalt has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,255a | 11,368b | N/A | |
Total Scope 2 | ||||
Unspecified Calculation Method | 1,602a | 1,629b | N/A | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 11.3509a | 11.7864b | N/A |
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In 2023, the total operational greenhouse gas (GHG) emissions of TIPCO Asphalt amounted to 11,857 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).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of TIPCO Asphalt decreased by 8.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2023, the total Scope 1 emissions of TIPCO Asphalt were 10,255 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, TIPCO Asphalt's Scope 1 emissions have decreased by 32.35%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), TIPCO Asphalt's Scope 1 emissions decreased by 9.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2023, TIPCO Asphalt reported Scope 2 greenhouse gas (GHG) emissions of 1,602 tCO₂e without specifying the calculation method.a
Since 2020, TIPCO Asphalt's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 24.26%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), TIPCO Asphalt's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that TIPCO Asphalt's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2023, TIPCO Asphalt reported its Scope 2 emissions using an unspecified methodology.a
In 2023, TIPCO Asphalt reported Scope 1 greenhouse gas (GHG) emissions of 10,255 tCO₂e and total revenues of USD 903 millions. This translates into an emissions intensity of 11.35 tCO₂e per millions USD.a
In 2023, TIPCO Asphalt reported a Scope 1 emissions intensity of 11.35 tCO₂e per millions USD. Compared to the peer group median of 4,786.77, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, TIPCO Asphalt ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places TIPCO Asphalt among the top performers, with one of the lowest emissions intensities relative to peers.a