TCL Electronics Holdings Limited Sustainability Profile
TCL Electronics Holdings Limited, commonly known as TCL, is a prominent player in the global consumer electronics industry, headquartered in Hong Kong. Founded in 1981, TCL has rapidly evolved into one of the largest television manufacturers worldwide, with significant operations across Asia, Europe, and North America. The company is renowned for its innovative range of products, including smart TVs, audio devices, and home appliances, distinguished by cutting-edge technology and competitive pricing. TCL's commitment to research and development has led to notable achievements, such as being a leader in 8K and QLED television technology. With a strong market position, TCL continues to expand its footprint, consistently ranking among the top television brands globally, thanks to its focus on quality, design, and user experience.
DitchCarbon Score
How does TCL Electronics Holdings Limited'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 Communication Equipment Manufacturing 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
TCL Electronics Holdings Limited's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TCL Electronics Holdings Limited's reported carbon emissions
In 2023, TCL Electronics Holdings Limited reported total carbon emissions of approximately 74,507,000 kg CO2e, comprising 6,118,000 kg CO2e from Scope 1 and 68,389,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2022, where total emissions were about 88,545,000 kg CO2e, with Scope 1 at 7,672,000 kg CO2e and Scope 2 at 80,873,000 kg CO2e. The company has shown a consistent effort to lower its emissions over the years, with a notable decrease from 99,926,000 kg CO2e in 2021 and 125,730,000 kg CO2e in 2020. Despite these reductions, TCL has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from TCL Electronics Holdings Limited, reflecting its current subsidiary status. The company continues to focus on transparency in its emissions reporting, although it has not yet addressed Scope 3 emissions. Overall, TCL Electronics Holdings Limited is making strides in reducing its carbon footprint, aligning with industry standards for climate accountability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 7,186,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 47,884,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is TCL Electronics Holdings Limited's Industry?
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TCL Electronics Holdings Limited'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.
TCL Electronics Holdings Limited 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.
