Tmg Automotive

TMG Automotive, headquartered in Portugal within the Motor Vehicles, Trailers, and Semi-trailers industry, has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.

For its near-term targets, TMG Automotive commits to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2021 base year. Additionally, the company pledges to reduce absolute Scope 3 GHG emissions by 25% within the same timeframe, specifically targeting emissions from purchased goods and services, fuel and energy-related activities, employee commuting, use of sold products, and end-of-life treatment of sold products.

Looking further ahead, TMG Automotive has set long-term targets to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from the 2021 base year. Concurrently, the company aims for a 90% reduction in absolute Scope 3 GHG emissions within the same long-term horizon. These targets demonstrate TMG Automotive's dedication to significant decarbonisation efforts across its operations and value chain.