TEKNOR APEX Sustainability Profile
Teknor Apex Company, headquartered in the United States, is a leading manufacturer in the thermoplastic elastomers and specialty compounds industry. Founded in 1924, the company has established a strong presence across North America, Europe, and Asia, serving diverse markets such as automotive, medical, and consumer products. With a commitment to innovation, Teknor Apex offers a wide range of core products, including custom compounds and engineered thermoplastics, known for their superior performance and versatility. The company’s unique approach to material science has positioned it as a trusted partner for businesses seeking high-quality solutions tailored to specific applications. Recognised for its sustainability initiatives and customer-centric focus, Teknor Apex continues to achieve notable milestones, solidifying its reputation as a market leader in the polymer industry.
DitchCarbon Score
How does TEKNOR APEX'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 Plastic production 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
TEKNOR APEX's score of 11 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TEKNOR APEX's reported carbon emissions
In 2023, Teknor Apex Company, Inc. reported total greenhouse gas emissions of approximately 165,672,000 kg CO2e for Scope 1 and about 110,000,000 kg CO2e for Scope 2, resulting in a combined total of approximately 121,000,000 kg CO2e for both scopes. This marks a slight increase in emissions from 2022, when Scope 1 emissions were about 153,015,000 kg CO2e and Scope 2 emissions were approximately 124,977,000 kg CO2e, leading to a total of around 132,000,000 kg CO2e. Teknor Apex has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 10% by 2030, with the baseline year being 2020. This initiative reflects the company's dedication to enhancing energy efficiency and resource conservation across its operations. The commitment is part of a broader strategy to address climate change and reduce the environmental impact of its manufacturing processes. As of now, Teknor Apex has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company's emissions data is not cascaded from any parent organisation, ensuring that its commitments and performance are independently reported.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 153,015,000 | 000,000,000 |
| Scope 2 | 124,977,000 | 000,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is TEKNOR APEX's Industry?
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TEKNOR APEX'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.
TEKNOR APEX has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
