TPI Corporation Sustainability Profile
TPI Corporation, headquartered in the United States, is a leading player in the manufacturing and distribution of high-quality thermal and acoustic insulation products. Founded in 1985, the company has established a strong presence across various operational regions, including North America and Europe. TPI Corporation is renowned for its innovative solutions in the insulation industry, offering a diverse range of products that cater to both commercial and industrial applications. With a commitment to sustainability and energy efficiency, TPI's core offerings include advanced insulation materials that stand out for their performance and durability. The company has achieved significant milestones, positioning itself as a trusted partner for clients seeking reliable insulation solutions. TPI Corporation's dedication to quality and customer satisfaction has solidified its reputation as a market leader in the insulation sector.
DitchCarbon Score
How does TPI 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 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 Corporation's score of 21 is lower than 57% 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 Corporation's reported carbon emissions
In 2021, TPI Corporation reported total carbon emissions of approximately 1,683,000,000 kg CO2e. This figure includes 18,392,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 92,667,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, heat, or steam. The majority of their emissions, approximately 1,666,100,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Despite the significant emissions reported, TPI Corporation has not disclosed any specific reduction targets or initiatives as part of their climate commitments. There are no data cascaded from a parent or related organization, indicating that the emissions data is solely from TPI Corporation itself. The company has not made any public climate pledges or commitments to reduce emissions, which places them in a context where many industry peers are actively pursuing science-based targets and sustainability initiatives. Overall, TPI Corporation's emissions profile highlights the need for enhanced climate action and transparency in their environmental strategies.
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| 2021 | |
|---|---|
| Scope 1 | 18,392,000 |
| Scope 2 | 92,667,000 |
| Scope 3 | 1,661,000,000 |
How Carbon Intensive is TPI Corporation's Industry?
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TPI 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.
TPI 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.
