Technicolor

Technicolor's reported carbon emissions

Technicolor's climate commitments include a target for an 80% absolute reduction in emissions by 2030, aligning with a below 1.5°C pathway. The company has committed to Science-Based Targets (SBT) and the Net Zero Standard as of the end of 2021, with plans to submit targets for validation in 2022. Technicolor aims for Net Zero by 2050. In 2021, Technicolor reported a total of approximately 3.59 billion kg CO2e across Scope 1, 2, and 3 emissions. This included Scope 1 emissions of about 4.76 million kg CO2e and Scope 2 emissions totalling approximately 85.31 million kg CO2e. Scope 3 emissions for 2021 were substantial, driven significantly by purchased goods and services at about 811.10 million kg CO2e, and the use of sold products at approximately 3.44 billion kg CO2e. Upstream transportation and distribution contributed about 73.95 million kg CO2e, and employee commute accounted for approximately 28.49 million kg CO2e. For 2020, Technicolor's Scope 1 emissions were approximately 5.51 million kg CO2e, and Scope 2 emissions were about 110.60 million kg CO2e. Scope 3 data was not fully disclosed for this year. In 2019, Scope 1 emissions were approximately 7.85 million kg CO2e, with Scope 2 emissions at about 134.06 million kg CO2e. In 2018, Scope 1 emissions were around 8.64 million kg CO2e, and Scope 2 emissions totalled approximately 172.84 million kg CO2e. For 2017, Scope 1 emissions were about 7.09 million kg CO2e, and Scope 2 emissions were approximately 199.04 million kg CO2e. It is noted that Technicolor Inc. is a current subsidiary, and its data is cascaded from Vantiva S.A. for SBTi and CDP initiatives.