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 66,125,000 kg CO2e from Scope 1 and 2 combined, alongside 28,952,000,000 kg CO2e from Scope 3 emissions. This indicates a substantial reduction in emissions from 2021 to 2022. Despite these figures, Terminal Investment Corporation has not set any specific reduction targets or commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests a need for enhanced climate action strategies within the organisation. Overall, while Terminal Investment Corporation has made progress in reducing its emissions, the lack of comprehensive targets and commitments highlights an area for potential improvement in its climate strategy.
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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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