True Corporation PCL
True's GHG Emissions Data Preview
In 2024, True 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).
True has also provided a category-level breakdown for 10 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  | Copy/Paste is a PRO feature.  a | 0000000 |
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bVerified Sources Behind True’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 True’s data sources below and access millions more through our Disclosure Search.
Insights into True's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of True amounted to 767,222.87 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 True decreased by 12.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
True's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are True's Scope 1 emissions?
In 2024, the total Scope 1 emissions of True were 9,721.32 metric tons of CO₂ equivalent (tCO₂e).a
Has True reduced its Scope 1 emissions over time?
Since 2020, True's Scope 1 emissions have decreased by 29.39%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), True's Scope 1 emissions decreased by 38.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are True's Scope 2 emissions?
In 2024, True reported Scope 2 greenhouse gas (GHG) emissions of 661,048.99 tCO₂e using the market-based method and 757,501.55 tCO₂e using the location-based method.a
Has True reduced its Scope 2 emissions over time?
Since 2020, True's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 87.62%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), True's Scope 2 emissions (Location-Based) fell by 11.56% 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 True use for Scope 2 reporting?
In 2024, True reported its Scope 2 emissions using the market-based method and using the location-based method.a
True's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into True's Value Chain Emissions
In 2024, True reported 227,916.05 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 True includes a breakdown across 10 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
True's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are True's Scope 3 emissions?
In 2024, True reported total Scope 3 emissions of 227,916.05 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 92.3% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.7% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has True reduced its Scope 3 emissions over time?
Since 2020, True's Scope 3 emissions have decreased by 22.82%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), True's Scope 3 emissions decreased by 33.71%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does True disclose?
In 2024, True reported emissions for 10 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 True's Scope 3 emissions?
In 2024, the largest contributors to True's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 104,111 tCO₂e (45.68%)
- Fuel- and Energy-Related Services (Cat. 3): 67,503 tCO₂e (29.62%)
- Capital Goods (Cat. 2): 28,586 tCO₂e (12.54%)
True's Scope 3 Emissions by Categories
Insights into True’s GHG Emissions Intensity Compared to Industry Peers
In 2024, True reported Scope 1 greenhouse gas (GHG) emissions of 9,721.32 tCO₂e and total revenues of USD 6,000 millions. This translates into an emissions intensity of 1.62 tCO₂e per millions USD.a
True's Scope 1 Emissions Intensity Compared to Peers
How does True's GHG emissions intensity compare to its peers?
In 2024, True reported a Scope 1 emissions intensity of 1.62 tCO₂e per millions USD. Compared to the peer group median of 3.35, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does True rank on GHG emissions intensity within its industry?
In 2024, True ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
True is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into True's Total Carbon Footprint
In 2024, True reported a total carbon footprint of 995,138.92 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.17% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to True's total carbon footprint was Scope 2 emissions, accounting for 76.12% of the company's total carbon footprint, followed by Scope 3 emissions at 22.9%.a