TT electronics PLC

Common Name
TT electronics
Country
United Kingdom
Sector
Technology
Industry
Electronic Components
Employees
3,901
Ticker
TTG
Exchange
LONDON STOCK EXCHANGE
Description
TT Electronics Plc is a prominent global provider of engineered electronics for performance-critical applications. Specializing in the design and manufacture of electronic components, the company serv...

TT electronics's GHG Emissions Data Preview

In 2024, TT electronics 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).

TT electronics has also provided a category-level breakdown for 5 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind TT electronics’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 TT electronics’s data sources below and access millions more through our Disclosure Search.

a. TT electronics's Annual Report 2024
a. TT electronics's Annual Report 2024

Insights into TT electronics's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of TT electronics amounted to 16,573 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 TT electronics decreased by 8.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

TT electronics's Scope 1 Emissions Over Time

20192023202404008001.2 k1.6 ktCO2e-25%-10%
  • Total Scope 1
  • Year-over-Year Change

What are TT electronics's Scope 1 emissions?

In 2024, the total Scope 1 emissions of TT electronics were 991 metric tons of CO₂ equivalent (tCO₂e). a

Has TT electronics reduced its Scope 1 emissions over time?

Since 2019, TT electronics's Scope 1 emissions have decreased by 33%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), TT electronics's Scope 1 emissions decreased by 10.07%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are TT electronics's Scope 2 emissions?

In 2024, TT electronics reported Scope 2 greenhouse gas (GHG) emissions of 6,587 tCO₂e using the market-based method and 15,582 tCO₂e using the location-based method. a

Has TT electronics reduced its Scope 2 emissions over time?

Since 2019, TT electronics's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 40.22%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), TT electronics's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that TT electronics 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does TT electronics use for Scope 2 reporting?

In 2024, TT electronics reported its Scope 2 emissions using the market-based method and using the location-based method. a

TT electronics's Scope 2 Emissions Over Time

20192023202407 k14 k21 k28 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into TT electronics's Value Chain Emissions

In 2024, TT electronics reported 196,723 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 TT electronics includes a breakdown across 5 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

TT electronics's Scope 3 Emissions Over Time

20232024050 k100 k150 k200 ktCO2e+15%
  • Total Scope 3
  • Year-over-Year Change

What are TT electronics's Scope 3 emissions?

In 2024, TT electronics reported total Scope 3 emissions of 196,723 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), TT electronics's Scope 3 emissions increased by 15.3%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does TT electronics disclose?

In 2024, TT electronics reported emissions for 5 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.

What are the main sources of TT electronics's Scope 3 emissions?

In 2024, the largest contributors to TT electronics's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 187,394 tCO₂e (95.26%)
  • Upstream Transportation and Distribution (Cat. 4): 4,310 tCO₂e (2.19%)
  • Employee Commuting (Cat. 7): 3,478 tCO₂e (1.77%)

TT electronics's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(1.8%)Purchased Goods andServices (Cat. 1)(95.3%)UpstreamTransportation andDistribution(Cat. 4)(2.2%)

Insights into TT electronics’s GHG Emissions Intensity Compared to Industry Peers

In 2024, TT electronics reported Scope 1 greenhouse gas (GHG) emissions of 991 tCO₂e and total revenues of USD 654 millions. This translates into an emissions intensity of 1.52 tCO₂e per millions USD. a

TT electronics's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000200,000Scope 1 Emissions (tCO2e)201005002,00020,000Revenues (Millions of USD)CRSTZTCCCareer Technology MFGYear: 2023Scope 1: 13,303 tCO2eRevenue: $M 321Scope 1 Intensity: 41.50 tCO2e/$MHannsTouch HoldingsYear: 2023Scope 1: 5,757 tCO2eRevenue: $M 43Scope 1 Intensity: 132.61 tCO2e/$MChin-Poon IndustrialYear: 2023Scope 1: 7,389 tCO2eRevenue: $M 546Scope 1 Intensity: 13.53 tCO2e/$MTXCYear: 2023Scope 1: 3,681 tCO2eRevenue: $M 354Scope 1 Intensity: 10.41 tCO2e/$MApex InternationalYear: 2023Scope 1: 11,937 tCO2eRevenue: $M 412Scope 1 Intensity: 29.00 tCO2e/$MIncapYear: 2023Scope 1: 906 tCO2eRevenue: $M 245Scope 1 Intensity: 3.69 tCO2e/$MHanzaYear: 2024Scope 1: 1,616 tCO2eRevenue: $M 440Scope 1 Intensity: 3.67 tCO2e/$MRRRaspberry Pi HoldingsYear: 2024Scope 1: 29 tCO2eRevenue: $M 197Scope 1 Intensity: 0.14 tCO2e/$MJentech Precision IndustrialYear: 2023Scope 1: 433 tCO2eRevenue: $M 393Scope 1 Intensity: 1.10 tCO2e/$MTaiflex ScientificYear: 2023Scope 1: 7,482 tCO2eRevenue: $M 266Scope 1 Intensity: 28.16 tCO2e/$MEverlight ElectronicsYear: 2023Scope 1: 1,011 tCO2eRevenue: $M 582Scope 1 Intensity: 1.74 tCO2e/$MHannstar DisplayYear: 2023Scope 1: 18,665 tCO2eRevenue: $M 403Scope 1 Intensity: 46.35 tCO2e/$MCicor TechnologiesYear: 2024Scope 1: 276 tCO2eRevenue: $M 531Scope 1 Intensity: 0.52 tCO2e/$MHana MicroelectronicsYear: 2024Scope 1: 467 tCO2eRevenue: $M 722Scope 1 Intensity: 0.65 tCO2e/$MSSSyncmold EnterpriseYear: 2023Scope 1: 32 tCO2eRevenue: $M 286Scope 1 Intensity: 0.11 tCO2e/$MTTTaiwan PCB TechvestYear: 2023Scope 1: 12,219 tCO2eRevenue: $M 617Scope 1 Intensity: 19.80 tCO2e/$MSinbon ElectronicsYear: 2023Scope 1: 2,838 tCO2eRevenue: $M 1,068Scope 1 Intensity: 2.66 tCO2e/$MTaiyo YudenYear: 2023Scope 1: 51,000 tCO2eRevenue: $M 2,399Scope 1 Intensity: 21.26 tCO2e/$MZZZhen Ding Technology HoldingYear: 2024Scope 1: 109,237 tCO2eRevenue: $M 5,240Scope 1 Intensity: 20.85 tCO2e/$MVentureYear: 2024Scope 1: 1,411 tCO2eRevenue: $M 2,007Scope 1 Intensity: 0.70 tCO2e/$MAlps AlpineYear: 2023Scope 1: 14,589 tCO2eRevenue: $M 7,005Scope 1 Intensity: 2.08 tCO2e/$MHoly Stone EnterpriseYear: 2022Scope 1: 321 tCO2eRevenue: $M 490Scope 1 Intensity: 0.65 tCO2e/$MAT&SYear: 2024Scope 1: 33,000 tCO2eRevenue: $M 1,673Scope 1 Intensity: 19.73 tCO2e/$MShenzhen Sunway CommunicationYear: 2023Scope 1: 4,595 tCO2eRevenue: $M 1,062Scope 1 Intensity: 4.33 tCO2e/$MTTTT electronicsYear: 2024Scope 1: 991 tCO2eRevenue: $M 654Scope 1 Intensity: 1.52 tCO2e/$M

How does TT electronics's GHG emissions intensity compare to its peers?

In 2024, TT electronics reported a Scope 1 emissions intensity of 1.52 tCO₂e per millions USD. Compared to the peer group median of 4.01 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does TT electronics rank on GHG emissions intensity within its industry?

In 2024, TT electronics ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

TT electronics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into TT electronics's Total Carbon Footprint

In 2024, TT electronics reported a total carbon footprint of 213,296 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to TT electronics's total carbon footprint was Scope 3 emissions, accounting for 92.23% of the company's total carbon footprint, followed by Scope 2 emissions at 7.31%. a

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