TeamGroup Sustainability Profile
TeamGroup, officially known as Team Group Inc., is a leading technology company headquartered in Thailand (TH). Founded in 1997, the company has established a strong presence in the global memory and storage solutions industry, with significant operations across Asia, Europe, and North America. Specialising in high-performance memory modules, solid-state drives (SSDs), and USB flash drives, TeamGroup is renowned for its innovative products that cater to gamers, professionals, and everyday users alike. Their commitment to quality and cutting-edge technology has positioned them as a trusted brand in the competitive tech landscape. With numerous awards for product excellence and a reputation for reliability, TeamGroup continues to push the boundaries of performance and design, making it a notable player in the memory and storage market.
DitchCarbon Score
How does TeamGroup'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 Construction Work 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
TeamGroup's score of 36 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TeamGroup's reported carbon emissions
In 2024, TeamGroup reported total greenhouse gas emissions of approximately 4,856,000 kg CO2e, comprising 555,000 kg CO2e from Scope 1, 645,000 kg CO2e from Scope 2, and about 3,656,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2023, where total emissions were around 1,372,000 kg CO2e, with Scope 1 at 314,000 kg CO2e, Scope 2 at 598,000 kg CO2e, and Scope 3 at 460,000 kg CO2e. TeamGroup has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. The company also plans to measure and reduce its Scope 3 emissions, although specific targets for these emissions have not been disclosed. The emissions data and reduction targets are sourced from TEAM Consulting Engineering and Management Public Company Limited, which is the parent organization. TeamGroup's climate strategy is indicative of a broader industry trend towards transparency and accountability in emissions reporting and reduction efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 000,000 |
| Scope 2 | 867,330 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | 000,000 | 000,000 | 0,000,000 |
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TeamGroup'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.
TeamGroup has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
