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In 2024, Titan SA 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).
Titan SA has also provided a category-level breakdown for 12 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 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 ofTitan SA amounted to11,287,945metric 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 Titan SAincreased by 0.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Titan SA were 10,516,383 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Titan SA's Scope 1 emissions have decreased by 1.72%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Titan SA's Scope 1 emissions increased by 1.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Titan SA reported Scope 2 greenhouse gas (GHG) emissions of 783,384 tCOâ‚‚e using the market-based method and 771,562 tCOâ‚‚e using the location-based method.a
Since 2019, Titan SA's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 14.27%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Titan SA's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Titan SA's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Titan SA reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Titan SA reported 2,651,087 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 Titan SA includes a breakdown across 12of 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, Titan SA reported total Scope 3 emissions of 2,651,087 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 75.61%of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.39%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Titan SA's Scope 3 emissions increased by 13.28%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Titan SA reported emissions for 12 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 Titan SA's Scope 3 emissions were:a
In 2024, Titan SA reported Scope 1 greenhouse gas (GHG) emissions of 10,516,383 tCOâ‚‚e and total revenues of USD 2,751 millions. This translates into an emissions intensity of 3,822.16 tCOâ‚‚e per millions USD.a
In 2024, Titan SA reported a Scope 1 emissions intensity of 3,822.16 tCOâ‚‚e per millions USD. Compared to the peer group median of 4,331.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Titan SA ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Titan SA is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Titan SA reported a total carbon footprint of 13,939,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.64% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Titan SA's total carbon footprint was Scope 1 emissions, accounting for 75.45% of the company's total carbon footprint, followed by Scope 3 emissions at 19.02%.a