TCC GROUP HOLDINGS

TCC GROUP HOLDINGS: Carbon Emissions and Climate Commitments

TCC GROUP HOLDINGS, based in TW and operating within the 'Other services (93)' sector, is actively engaged in managing its carbon footprint.

Recent Emissions Data:

For the fiscal year 2024, TCC GROUP HOLDINGS reported the following emissions:

• Scope 1 Emissions: Approximately 32.8 billion kg CO2e.
• Scope 2 Emissions (Market-based): Approximately 1.4 billion kg CO2e.
• Scope 2 Emissions (Location-based): Approximately 1.4 billion kg CO2e.
• Scope 3 Emissions: Approximately 9.3 billion kg CO2e.
• Total Emissions (Scope 1+2+3): Approximately 43.5 billion kg CO2e.

In 2023, the company's emissions were:

• Scope 1 Emissions: Approximately 20.9 billion kg CO2e.
• Scope 2 Emissions (Market-based and Location-based): Approximately 0.9 billion kg CO2e.
• Scope 3 Emissions: Approximately 6.3 billion kg CO2e.
• Total Emissions (Scope 1+2+3): Approximately 28.1 billion kg CO2e.

Climate Commitments and Reduction Targets:

TCC GROUP HOLDINGS has established several significant climate commitments:

• Net-Zero by 2050: The company has set a long-term goal to achieve net-zero emissions by 2050, aligning with the highest scientific standards and developing a comprehensive carbon reduction strategy.

• Scope 1 Emission Intensity Reduction: TCC aims for a 23.9% reduction in Scope 1 carbon emission intensity per tonne of cementitious material by 2030, based on a 2016 baseline. This target is aligned with a 1.5°C pathway.

• Scope 2 Emission Intensity Reduction: TCC is targeting a 64.4% reduction in Scope 2 carbon emission intensity per tonne of cementitious material by 2030, also from a 2016 baseline and aligned with a 1.5°C pathway.

• Absolute Emission Reduction Targets:

  • TCC aims to reduce its Scope 1 emissions by 30% from a 2020 baseline by 2030.
  • The company also aims to reduce its Scope 2 emissions by 25% from a 2020 baseline by 2030.

• SBTi Alignment: TCC's greenhouse gas reduction targets are aligned with the Science Based Targets initiative (SBTi) 1.5°C pathway. This includes commitments to reduce Scope 1 and Scope 2 GHG emissions per ton of cementitious materials by specific percentages by 2025 and 2030.

It is important to note that some of the provided emissions data originates from reporting years that may differ from the reporting period of the emissions themselves (e.g., a report published in 2024 may cover data from 2023).