In 2024, TIS 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).
TIS has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 444a | 481a | 513a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 25,572a | 53,076a | 64,157a | |
Total Scope 3 | 511,036a | 465,226a | 418,761a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.1225a | 0.126a | 0.1297a |
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In 2024, the total operational greenhouse gas (GHG) emissions of TIS amounted to 26,016 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 2023, the total operational greenhouse gas (GHG) emissions of TIS decreased by 51.42%, 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 TIS were 444 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, TIS's Scope 1 emissions have decreased by 49.83%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), TIS's Scope 1 emissions decreased by 7.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, TIS reported Scope 2 greenhouse gas (GHG) emissions of 25,572 tCO₂e without specifying the calculation method.a
Since 2019, TIS's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 64.03%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), TIS's Scope 2 emissions (Unspecified Calculation Method) fell by 51.82% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, TIS reported its Scope 2 emissions using an unspecified methodology.a
In 2024, TIS reported 511,036 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of TIS includes a breakdown across 7 of 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, TIS reported total Scope 3 emissions of 511,036 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), TIS's Scope 3 emissions remained relatively stable, indicating that TIS's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, TIS reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to TIS's Scope 3 emissions were:a
In 2024, TIS reported Scope 1 greenhouse gas (GHG) emissions of 444 tCO₂e and total revenues of USD 3,624 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD.a
In 2024, TIS reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 0.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, TIS ranked 4 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places TIS among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, TIS reported a total carbon footprint of 537,052 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.52% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to TIS's total carbon footprint was Scope 3 emissions, accounting for 95.16% of the company's total carbon footprint, followed by Scope 2 emissions at 4.76%.a