Tc Energy Sustainability Profile
Tc Energy Corporation, commonly referred to as Tc Energy, is a leading energy infrastructure company headquartered in Calgary, Alberta, Canada. Founded in 1951, the company has established a strong presence in North America, focusing on the transportation and storage of natural gas, liquids, and power generation. With a diverse portfolio that includes pipelines, power generation facilities, and storage solutions, Tc Energy is recognised for its commitment to safety and environmental stewardship. The company operates extensive pipeline networks across Canada, the United States, and Mexico, positioning itself as a key player in the energy sector. Notable achievements include the successful completion of major pipeline projects and a strong emphasis on sustainable practices, which have solidified Tc Energy's reputation as a trusted provider in the energy industry.
DitchCarbon Score
How does Tc Energy'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 Natural Gas Liquids 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
Tc Energy's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tc Energy's reported carbon emissions
In 2023, TC Energy reported significant greenhouse gas (GHG) emissions, with Scope 1 emissions totalling approximately 20,902,000,000 kg CO2e, Scope 2 emissions at about 2,036,000,000 kg CO2e, and Scope 3 emissions reaching around 4,434,000,000 kg CO2e. The total emissions from Scope 1 and 2 combined were approximately 22,938,000 kg CO2e. The company has set ambitious targets to reduce its GHG emissions intensity by 30% by 2030, focusing on both Scope 1 and Scope 2 emissions. This target is part of a broader commitment to achieve net-zero emissions for Scope 1 and 2 by 2050. These initiatives reflect TC Energy's dedication to addressing climate change and reducing its carbon footprint. TC Energy's emissions data is sourced directly from the company, with no cascading from a parent organization. The company is actively working towards its climate commitments, aiming to balance its operations' emissions through various reduction strategies.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,118,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 350,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Tc Energy's Industry?
How Carbon Intensive is Tc Energy's Location?
Tc Energy's Scope 3 Categories Breakdown
Tc Energy's Scope 3 emissions, which increased by 26% last year and increased by approximately 47% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 16% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Tc Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tc Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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