In 2023, TVS Holdings 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, TVS Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 19,516a | 19,685b |
Total Scope 2 | ||
Unspecified Calculation Method | 61,150a | 61,371b |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.8904a | 5.8329b |
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In 2023, the total operational greenhouse gas (GHG) emissions of TVS Holdings amounted to 80,666 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 TVS Holdings decreased by 0.48%, 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 TVS Holdings were 19,516 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), TVS Holdings's Scope 1 emissions remained relatively stable, indicating that TVS Holdings's emissions have plateaued with no significant change in its operational footprint.ab
In 2023, TVS Holdings reported Scope 2 greenhouse gas (GHG) emissions of 61,150 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), TVS Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that TVS Holdings's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2023, TVS Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2023, TVS Holdings reported Scope 1 greenhouse gas (GHG) emissions of 19,516 tCO₂e and total revenues of USD 3,991 millions. This translates into an emissions intensity of 4.89 tCO₂e per millions USD.a
In 2023, TVS Holdings reported a Scope 1 emissions intensity of 4.89 tCO₂e per millions USD. Compared to the peer group median of 17.89, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, TVS Holdings ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places TVS Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a