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 45 is higher than 69% 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 2023, TPI Composites, Inc. reported total carbon emissions of approximately 1,234,000,000 kg CO2e, with emissions distributed across various scopes: 9,610,000 kg CO2e for Scope 1, 64,242,000 kg CO2e for Scope 2 (market-based), and 1,224,000,000 kg CO2e for Scope 3. The total emissions for Scope 1 and 2 combined amounted to about 73,852,000 kg CO2e (market-based). Comparatively, in 2022, the company recorded total emissions of about 1,503,000,000 kg CO2e, with Scope 1 emissions at 11,155,000 kg CO2e, Scope 2 emissions at 78,383,000 kg CO2e (market-based), and Scope 3 emissions at 1,503,000,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. TPI Composites has set ambitious climate commitments, aiming for carbon neutrality for Scope 1 and 2 emissions by the end of 2030. The company plans to achieve this by ensuring that 100% of its energy comes from renewable sources. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. Overall, TPI Composites is actively working towards reducing its carbon footprint while maintaining transparency in its emissions reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 16,003,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 75,252,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 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.
