In 2023, TXC 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).
However, TXC has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,681.48a | 5,472.04a | 4,023.66a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 62,286.01a | 57,157.56a | 57,643.86a | |
Total Scope 3 | 13,356.23a | 13,078.35a | 11,705.48a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 10.4085a | 12.768a | 7.3169a |
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In 2023, the total operational greenhouse gas (GHG) emissions of TXC amounted to 65,967.49 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 TXC increased by 5.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of TXC were 3,681.48 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, TXC's Scope 1 emissions have increased by 713.18%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), TXC's Scope 1 emissions decreased by 32.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, TXC reported Scope 2 greenhouse gas (GHG) emissions of 62,286.01 tCO₂e without specifying the calculation method.a
Since 2020, TXC's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that TXC's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2022), TXC's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that TXC's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, TXC reported its Scope 2 emissions using an unspecified methodology.a
In 2023, TXC reported 13,356.23 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 2023 disclosure of TXC includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, TXC reported total Scope 3 emissions of 13,356.23 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, TXC's Scope 3 emissions have increased by 224.87%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), TXC's Scope 3 emissions remained relatively stable, indicating that TXC's emissions have plateaued with no significant change in its value chain footprint.a
In 2023, TXC reported Scope 1 greenhouse gas (GHG) emissions of 3,681.48 tCO₂e and total revenues of USD 354 millions. This translates into an emissions intensity of 10.41 tCO₂e per millions USD.a
In 2023, TXC reported a Scope 1 emissions intensity of 10.41 tCO₂e per millions USD. Compared to the peer group median of 3.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, TXC ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
TXC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, TXC reported a total carbon footprint of 79,323.72 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.78% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to TXC's total carbon footprint was Scope 2 emissions, accounting for 78.52% of the company's total carbon footprint, followed by Scope 3 emissions at 16.84%.a