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Public Profile
Retail Trade Services
DK
updated a month ago

Tcm Sustainability Profile

Company website

TCM Group A/S, commonly referred to as TCM, is a leading player in the kitchen and furniture industry, headquartered in Denmark (DK). Founded in 1972, the company has established a strong presence across Europe, particularly in the Nordic and German markets. TCM is renowned for its innovative kitchen solutions, offering a diverse range of products that combine functionality with contemporary design. The company’s core offerings include modular kitchen systems and bespoke furniture, distinguished by their high-quality materials and craftsmanship. TCM's commitment to sustainability and customer-centric design has positioned it as a trusted brand in the industry. With a focus on continuous improvement and innovation, TCM has achieved significant milestones, solidifying its reputation as a market leader in the Scandinavian furniture sector.

DitchCarbon Score

How does Tcm'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.

33

Industry Average

Mean score of companies in the Retail Trade Services 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.

31

Industry Benchmark

Tcm's score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Tcm's reported carbon emissions

In 2023, TCM reported total carbon emissions of approximately 1,231,000 kg CO2e, comprising 989,000 kg CO2e from Scope 1 emissions (stationary combustion) and 16,000 kg CO2e from Scope 2 emissions (purchased heat). This marks a significant reduction from 2022, where total emissions were about 1,924,000 kg CO2e, with Scope 1 emissions at 836,000 kg CO2e and Scope 2 emissions at 892,000 kg CO2e. Looking back to 2021, TCM's emissions were considerably higher, with total emissions reaching approximately 23,400,000 kg CO2e, including 4,603,700 kg CO2e from Scope 1 and 1,041,000 kg CO2e from Scope 2, alongside a substantial 75,051,000 kg CO2e from Scope 3 emissions. This indicates a positive trend in reducing direct emissions over the past two years. Despite these reductions, TCM has not set specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi). The company operates without cascaded emissions data from a parent organization, indicating that its reported figures are independently sourced. Overall, TCM's commitment to reducing its carbon footprint is evident through its decreasing emissions, although further transparency regarding future climate commitments would enhance its sustainability profile.

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20192020202120222023
Scope 1
1,207,000
0,000,000
0,000,000
000,000
000,000
Scope 2
1,728,000
0,000,000
0,000,000
000,000
00,000
Scope 3
-
-
00,000,000
-
-

How Carbon Intensive is Tcm's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tcm's primary industry is Retail Trade Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Tcm's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Tcm is in DK, which has a very low grid carbon intensity relative to other regions.

Tcm'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.

Tcm 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Tcm's Emissions with Industry Peers

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Updated 2 days ago

Hcl

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Computer and related services (72)
Updated 8 minutes ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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