Terminal Investment Corporation Sustainability Profile
Terminal Investment Corporation, commonly referred to as TIC, is a prominent player in the logistics and transportation industry, headquartered in the United States. Founded in 2001, the company has established itself as a leader in providing innovative solutions for container handling and terminal operations, with a strong presence in major operational regions across North America and Europe. TIC specialises in the design and manufacturing of high-quality terminal tractors and related equipment, setting itself apart through advanced technology and exceptional durability. The company has achieved significant milestones, including expanding its product line and enhancing operational efficiency for clients in the shipping and logistics sectors. With a commitment to excellence, Terminal Investment Corporation continues to solidify its market position, recognised for its reliability and customer-centric approach in the competitive landscape of terminal operations.
DitchCarbon Score
How does Terminal Investment Corporation'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 Machinery Rental 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
Terminal Investment Corporation's score of 28 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Terminal Investment Corporation's reported carbon emissions
In 2022, Terminal Investment Corporation reported total emissions of approximately 8,266,000 kg CO2e, comprising 6,119,000 kg CO2e from Scope 1 and 2,147,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. In 2021, the corporation's emissions were significantly higher, with a total of approximately 36,863,000,000 kg CO2e. This included 36,863,000,000 kg CO2e from Scope 1, 330,000,000 kg CO2e from Scope 2 (market-based), and 28,952,000,000 kg CO2e from Scope 3 emissions. Despite these figures, Terminal Investment Corporation has not set any specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of reduction targets indicates a potential area for improvement in their sustainability strategy. Overall, while the company has made strides in emissions reporting, the lack of clear climate commitments or reduction initiatives suggests that further action may be necessary to align with industry standards for climate responsibility.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 36,863,000,000 | 0,000,000 |
| Scope 2 | 330,000,000 | 0,000,000 |
| Scope 3 | 28,952,000,000 | - |
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Terminal Investment Corporation's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the primary emissions source at 1% of Scope 3 emissions.
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Terminal Investment Corporation'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.
Terminal Investment Corporation 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.
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