TIM Group, headquartered in the United States, is a leading provider of financial data and technology solutions, specialising in the capital markets industry. Founded in 2000, the company has established a strong presence in major operational regions, including North America and Europe. TIM Group offers a suite of innovative products and services, including real-time market data, analytics, and trading solutions, designed to enhance decision-making for financial professionals. Their unique approach combines advanced technology with comprehensive data coverage, setting them apart in a competitive landscape. With a commitment to excellence, TIM Group has achieved significant milestones, positioning itself as a trusted partner for investment firms and financial institutions worldwide. Their dedication to delivering high-quality, reliable information has earned them a notable reputation in the financial services sector.
How does TIM Group'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.
Mean score of companies in the Business Services 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.
TIM Group's score of 46 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TIM Group reported total carbon emissions of approximately 25,059,470 kg CO2e, comprising 11,963,510 kg CO2e from Scope 1 and 13,095,960 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 75% by 2030, using 2019 as the base year. Additionally, TIM Group plans to achieve 100% renewable electricity sourcing by 2025, up from 25% in 2019. For Scope 3 emissions, which include purchased goods and services, capital goods, and the use of sold products, the company targets a 47% reduction by 2030 from the same base year. These targets align with the Science Based Targets initiative (SBTi) and reflect TIM Group's commitment to sustainable practices in the telecommunications sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 130,650,131 | - | 00,000,000 |
Scope 2 | 495,622,685 | - | 00,000,000 |
Scope 3 | 8,390,698 | 0,000,000,000 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
TIM Group is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.