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 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 2021, TPI Corporation reported total carbon emissions of approximately 1.7 billion kg CO2e. This figure includes Scope 1 emissions of about 18.4 million kg CO2e, Scope 2 emissions (market-based) of approximately 92.7 million kg CO2e, and Scope 3 emissions amounting to around 1.66 billion kg CO2e. Despite the significant emissions, TPI Corporation has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for enhanced focus on sustainability practices within the organisation. TPI Corporation's emissions data is not cascaded from any parent company, indicating that the reported figures are solely from their own operations. As the company continues to navigate the evolving landscape of climate responsibility, establishing clear reduction targets could be beneficial for aligning with industry standards and expectations.
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| 2021 | |
|---|---|
| Scope 1 | 18,392,000 |
| Scope 2 | 92,667,000 |
| Scope 3 | 1,661,000,000 |
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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.
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