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 45 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, TCR Group, headquartered in Belgium, reported total carbon emissions of approximately 162,705,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 3,687,000 kg CO2e. This represents an increase from 2020, when total emissions were about 143,026,000 kg CO2e, with Scope 1 and 2 emissions at approximately 3,254,000 kg CO2e. In 2019, the total emissions were around 154,284,000 kg CO2e, with Scope 1 and 2 emissions of about 3,855,000 kg CO2e. TCR Group has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 38% by 2029 from a 2023 baseline. Additionally, the company plans to reduce Scope 3 emissions from the use of sold products for fossil fuels by 38% and Scope 3 emissions from downstream leased assets by 48% per million EUR value added within the same timeframe. Furthermore, TCR Group commits that 39% of its suppliers by spend will have science-based targets by 2029, alongside 76% of its suppliers covering capital goods. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect TCR Group's commitment to addressing climate change and reducing its carbon footprint in line with global climate goals.
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Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
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.