Tecnifibre Sustainability Profile
Tecnifibre, officially known as Tecnifibre S.A., is a prominent player in the sports equipment industry, headquartered in France. Founded in 1979, the company has established itself as a leader in the production of high-quality tennis and squash gear, catering to both amateur and professional athletes. With a strong presence in Europe and expanding operations in Asia and North America, Tecnifibre is renowned for its innovative racquets, strings, and accessories. The brand is particularly noted for its unique blend of technology and performance, offering products that enhance player experience and skill development. Tecnifibre's commitment to quality has earned it a loyal following among sports enthusiasts, contributing to its notable market position. Over the years, the company has achieved significant milestones, solidifying its reputation as a trusted name in racquet sports.
DitchCarbon Score
How does Tecnifibre'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 Wood Reprocessing 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
Tecnifibre's score of 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tecnifibre's reported carbon emissions
Tecnifibre, headquartered in France, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established near-term targets through the Science Based Targets initiative (SBTi). Tecnifibre commits to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by approximately 42% by 2030, using 2023 as the baseline year. Additionally, the company aims for a 51.6% reduction in Scope 3 emissions per million USD unit value added, which includes emissions from purchased goods and services, business travel, employee commuting, end-of-life treatment of sold products, and investments, also by 2030. These targets are aligned with the necessary reductions to limit global warming to 1.5°C, reflecting Tecnifibre's commitment to sustainability within the textiles, apparel, footwear, and luxury goods sector. It is important to note that these targets are cascaded from its parent company, Lacoste S.A.S, indicating a corporate family approach to climate action. Overall, Tecnifibre's proactive stance on climate commitments demonstrates its dedication to reducing its environmental impact and contributing to global sustainability efforts.
How Carbon Intensive is Tecnifibre's Industry?
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Tecnifibre'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.
Tecnifibre 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.
