TPG, also known as Texas Pacific Group, is a leading global investment firm headquartered in the United States. Founded in 1992, TPG has established a strong presence in various operational regions, including North America, Europe, and Asia. The firm primarily operates within the private equity and alternative asset management sectors, focusing on sectors such as healthcare, technology, and consumer goods. With a diverse portfolio, TPG is renowned for its strategic investments and innovative approach to value creation. The firm has achieved notable milestones, including significant investments in well-known companies and a reputation for driving growth in its portfolio. TPG's commitment to sustainability and responsible investing further distinguishes it in the competitive investment landscape, solidifying its position as a trusted partner for investors worldwide.
How does Tpg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Tpg's score of 48 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TPG reported total carbon emissions of approximately 14,352,000 kg CO2e, with emissions distributed across various scopes: 287,040 kg CO2e (Scope 1), 1,578,720 kg CO2e (Scope 2), and a significant 12,486,240 kg CO2e (Scope 3). This represents an increase from 2022, where total emissions were about 12,419,000 kg CO2e, indicating a need for enhanced climate action. TPG has set ambitious climate commitments, aiming for net zero emissions across all scopes by 2025. Notably, a&o Hostels, a subsidiary, has successfully reduced its CO2 emissions per overnight stay by about 78% since 2015 and is on track to become the first European hostel chain to achieve net zero by 2025. Additionally, TPG has publicly committed to reaching net zero emissions by 2050, reflecting a long-term strategy to address climate change. The company’s emissions data highlights the importance of focusing on Scope 3 emissions, which constitute the majority of their carbon footprint. As TPG continues to implement its reduction initiatives, monitoring progress towards these targets will be crucial for its sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,478,320 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 1,906,400 | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
Scope 3 | 14,679,280 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tpg is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.