TPI Composites, Inc.
TPI Composites, Inc., a leading name in the composite manufacturing industry, is headquartered in the United States, with significant operations across North America and Asia. Founded in 1968, TPI has established itself as a pioneer in the production of advanced composite materials, primarily serving the wind energy and transportation sectors. The company is renowned for its innovative wind turbine blades, which are designed to enhance efficiency and performance in renewable energy generation. TPI's commitment to sustainability and cutting-edge technology has positioned it as a key player in the global market, contributing to the growth of clean energy solutions. With numerous accolades for its engineering excellence, TPI Composites continues to drive advancements in composite manufacturing, solidifying its reputation as an industry leader.
DitchCarbon Score
How does TPI Composites, Inc.'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 and Equipment 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
TPI Composites, Inc.'s score of 27 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TPI Composites, Inc.'s reported carbon emissions
In 2022, TPI Composites, Inc. reported total carbon emissions of approximately 1,515,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 9,210,000 kg CO2e, while Scope 2 emissions totalled approximately 78,383,000 kg CO2e (market-based) and 71,187,000 kg CO2e (location-based). The majority of their emissions stemmed from Scope 3, which accounted for about 1,503,000,000 kg CO2e. In previous years, TPI Composites demonstrated a commitment to reducing their carbon footprint. For instance, in 2021, their total emissions were approximately 1,683,000,000 kg CO2e, with Scope 1 emissions at about 18,392,000 kg CO2e and Scope 2 emissions at approximately 92,667,000 kg CO2e (market-based). In 2020, the company reported total emissions of around 1,143,000,000 kg CO2e, with Scope 1 emissions of about 25,137,000 kg CO2e and Scope 2 emissions of approximately 98,035,000 kg CO2e (market-based). Despite these figures, TPI Composites has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further transparency regarding their long-term climate strategy. Overall, TPI Composites operates within an industry context that increasingly prioritises sustainability and carbon reduction, highlighting the importance of setting measurable goals to align with global climate objectives.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 16,003,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 67,719,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
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.
TPI Composites, Inc. is not participating in any 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.
