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.
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.
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.
TPI Corporation's score of 18 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, TPI Corporation reported a CO2e intensity of approximately 610.0 tonnes CO2e per tonne of product produced. This figure reflects the company's emissions performance, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The previous year's data indicates a CO2e intensity of about 670.0 tonnes CO2e per tonne in 2020, and 720.0 tonnes CO2e per tonne in 2019, showing a gradual improvement in emissions intensity over the three years. Despite these figures, TPI Corporation has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges or documented reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As TPI Corporation operates within the global manufacturing sector, it is essential for the company to enhance its climate commitments and set measurable targets to align with industry standards and expectations for sustainability.
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.