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 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Targray's reported carbon emissions
In 2023, Targray reported total carbon emissions of approximately 1,848,930,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,840,930,000 kg CO2e. This includes emissions from purchased goods and services (approximately 1,630,091,000 kg CO2e) and the use of sold products (about 46,851,000 kg CO2e). Scope 1 emissions were reported at 82,000 kg CO2e, while Scope 2 emissions totalled 63,000 kg CO2e. Comparatively, in 2022, Targray's total emissions were approximately 2,455,975,000 kg CO2e, with Scope 3 emissions again being the largest contributor at about 2,455,975,000 kg CO2e. Scope 1 emissions were lower at 64,000 kg CO2e, and Scope 2 emissions were slightly higher at 72,000 kg CO2e. Despite the substantial emissions figures, Targray has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategies.
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| 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 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.
