TCR, officially known as TCR Group, is a leading provider of ground support equipment (GSE) and services, headquartered in Belgium. Established in 2000, the company has expanded its operations across Europe and beyond, solidifying its presence in the aviation industry. TCR specialises in the rental, maintenance, and management of GSE, offering a comprehensive range of products that cater to the unique needs of airports and airlines. With a commitment to innovation and sustainability, TCR's services stand out due to their focus on efficiency and reliability. The company has achieved significant milestones, including the development of eco-friendly equipment solutions, positioning itself as a market leader in the GSE sector. TCR's dedication to quality and customer satisfaction has earned it a reputable standing among industry peers, making it a trusted partner for aviation operations worldwide.
How does Tcr'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.
Mean score of companies in the Business 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.
Tcr's score of 29 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, TCR Group (Envol Holdings Ltd), headquartered in Belgium, reported total carbon emissions of approximately 162,705,000 kg CO2e. Of this, about 3,687,000 kg CO2e were classified under Scope 1 and 2 emissions. This represents a slight increase from 2020, when total emissions were around 143,026,000 kg CO2e, with Scope 1 and 2 emissions at approximately 3,254,000 kg CO2e. In 2019, the company recorded total emissions of about 154,284,000 kg CO2e, with Scope 1 and 2 emissions at around 3,855,000 kg CO2e. TCR Group has set ambitious near-term reduction targets, committing to a 38% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2029, using 2023 as the base year. Additionally, the company aims to reduce absolute Scope 3 emissions from the use of sold products for fossil fuels by 38% and from downstream leased assets by 48% per million EUR value added, both within the same timeframe. Furthermore, TCR Group plans for 39% of its suppliers by spend to have science-based targets by 2029, along with 76% of its suppliers covering capital goods. These commitments align with industry standards for climate action, reflecting TCR's dedication to reducing its carbon footprint and contributing to global climate goals.
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Tcr is participating in some 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.