TPG Corporation Limited
TPG Corporation Limited, commonly known as TPG, is a leading telecommunications and technology company headquartered in Australia. Founded in 1986, TPG has established itself as a key player in the Australian telecommunications industry, providing a wide range of services including broadband, mobile, and data solutions. With a strong presence in major operational regions across Australia, TPG is renowned for its innovative approach to connectivity, offering unique products such as high-speed fibre and NBN services. The company has achieved significant milestones, including the merger with Vodafone Hutchison Australia in 2020, which enhanced its market position and expanded its service offerings. TPG's commitment to delivering reliable and affordable telecommunications solutions has solidified its reputation as a trusted provider, making it a prominent choice for consumers and businesses alike.
DitchCarbon Score
How does TPG Corporation Limited'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 Telecommunications 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
TPG Corporation Limited's score of 36 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TPG Corporation Limited's reported carbon emissions
In 2021, TPG Corporation Limited reported significant carbon emissions, totalling approximately 242,300,000 kg CO2e from both Scope 1 and Scope 2 sources. Specifically, Scope 1 emissions accounted for about 4,800,000 kg CO2e, while Scope 2 emissions were substantially higher at approximately 237,500,000 kg CO2e. TPG Corporation has set ambitious climate commitments, aiming for net-zero greenhouse gas (GHG) emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and Scope 2 GHG emissions by 95% by 2030, using 2021 as the baseline year. Additionally, TPG aims to cut absolute Scope 3 emissions—covering purchased goods and services, fuel- and energy-related activities, upstream leased assets, and the use of sold products—by 30% within the same timeframe. For the long term, TPG Corporation is committed to maintaining at least a 95% reduction in absolute Scope 1 and Scope 2 emissions from 2030 through 2050. Furthermore, the company plans to achieve a 90% reduction in absolute Scope 3 emissions by 2050, again using 2021 as the reference year. These targets align with industry standards for climate action and demonstrate TPG's commitment to addressing climate change effectively.
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| 2021 | |
|---|---|
| Scope 1 | 4,800,000 |
| Scope 2 | 237,500,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
TPG Corporation Limited is participating in some of the initiatives that 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.
