Targray
Targray, officially known as Targray Technology International Inc., is a leading provider of sustainable solutions in the energy and materials sectors. Headquartered in Canada, the company operates across key regions including North America, Europe, and Asia. Founded in 1989, Targray has established itself as a pioneer in the renewable energy industry, focusing on the development and distribution of advanced materials for solar, battery, and biofuel applications. The company’s core offerings include high-performance materials for lithium-ion batteries, solar photovoltaic modules, and biofuels, distinguished by their commitment to sustainability and innovation. Targray's market position is bolstered by its extensive experience and a robust portfolio of products that cater to the evolving needs of the clean energy landscape. With a strong emphasis on quality and environmental responsibility, Targray continues to drive advancements in the green technology sector.
DitchCarbon Score
How does Targray'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.
Industry Average
Mean score of companies in the Electricity from Other Sources 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.
Industry Benchmark
Targray's score of 29 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Targray's reported carbon emissions
In 2023, Targray reported total carbon emissions of approximately 1,840,930,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 82,000 kg CO2e, while Scope 2 emissions totalled approximately 63,000 kg CO2e. The majority of their emissions stemmed from Scope 3, which accounted for about 1,840,930,000 kg CO2e, including significant contributions from purchased goods and services (approximately 1,630,091,000 kg CO2e) and upstream transportation and distribution (around 142,000,000 kg CO2e). In comparison, the previous year, 2022, Targray's total emissions were approximately 2,455,975,000 kg CO2e, with Scope 1 at about 64,000 kg CO2e and Scope 2 at around 72,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023, reflecting their ongoing commitment to climate action. Despite the significant emissions figures, Targray has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Their focus appears to be on understanding and managing their carbon footprint across all scopes, particularly in Scope 3, which represents the largest portion of their emissions.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 64,000 | 00,000 |
| Scope 2 | 72,000 | 00,000 |
| Scope 3 | 2,455,975,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Targray is not committed to any reduction initiatives 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.
