Tiong Woon Corporation Sustainability Profile
Tiong Woon Corporation Limited, often referred to as Tiong Woon, is a leading provider of integrated logistics and engineering services based in Singapore (SG). Established in 1969, the company has built a strong reputation in the heavy lifting and transportation industry, serving key operational regions across Southeast Asia. Specialising in heavy lifting, transportation, and project logistics, Tiong Woon distinguishes itself through its commitment to safety and innovation. The company’s extensive fleet and advanced equipment enable it to handle complex projects efficiently, making it a preferred partner for various sectors, including construction and oil and gas. With decades of experience, Tiong Woon has achieved significant milestones, solidifying its market position as a trusted industry leader. Its dedication to quality and customer satisfaction continues to drive its success in the competitive logistics landscape.
DitchCarbon Score
How does Tiong Woon 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 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.
Industry Benchmark
Tiong Woon Corporation's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tiong Woon Corporation's reported carbon emissions
In 2024, Tiong Woon Corporation, headquartered in Singapore (SG), reported carbon emissions of approximately 4,329,000 kg CO2e for Scope 1 and about 672,000 kg CO2e for Scope 2. This reflects a decrease from 2023, where emissions were about 4,810,000 kg CO2e for Scope 1 and approximately 172,000 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data. Despite these figures, Tiong Woon Corporation has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company’s emissions data is sourced directly from Tiong Woon Corporation Holding Ltd, with no cascaded data from a parent organization. Overall, Tiong Woon Corporation's emissions reflect their operational impact, and while they have made strides in reducing emissions year-on-year, a more robust climate action plan could enhance their environmental performance and align with industry standards.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 1,440,000 | 0,000,000 |
| Scope 2 | 600,000 | 000,000 |
| Scope 3 | - | - |
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Tiong Woon 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.
Tiong Woon 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.
