TPI Corporation
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 26 is higher than 54% 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 2023, TPI Corporation reported carbon emissions of approximately 15,700 kg CO2e from Scope 1, primarily from stationary combustion, and about 2,276,800 kg CO2e from Scope 3, with business travel accounting for approximately 2,124,700 kg CO2e. This marks a significant increase in Scope 3 emissions compared to 2022, where Scope 1 emissions were about 21,200 kg CO2e and Scope 3 emissions totalled approximately 1,387,600 kg CO2e. Over the past few years, TPI Corporation has shown fluctuations in its emissions profile. In 2021, Scope 1 emissions were about 25,100 kg CO2e, while Scope 3 emissions were significantly lower at approximately 161,600 kg CO2e. The company’s emissions from 2020 were about 7,000 kg CO2e for Scope 1 and approximately 373,300 kg CO2e for Scope 3. Notably, in 2019, Scope 1 emissions were only about 900 kg CO2e, with Scope 3 emissions peaking at approximately 2,298,100 kg CO2e. Despite these figures, TPI Corporation has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent or related organisation, maintaining its own reporting standards. Overall, TPI Corporation's emissions data reflects a complex landscape of carbon output, particularly in Scope 3, which warrants further scrutiny and potential action to align with global climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 900 | 0,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | 2,298,100 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
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 Corporation 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.
