Triumph

Triumph reported Scope 1 emissions of approximately 5.98 million kg CO2e and Scope 2 emissions of about 24.96 million kg CO2e in 2023. In 2022, their Scope 1 emissions were approximately 7.44 million kg CO2e, and Scope 2 emissions were around 25.14 million kg CO2e. For 2021, Scope 1 emissions were about 9.48 million kg CO2e, and Scope 2 emissions were approximately 34.27 million kg CO2e. In 2020, Triumph's Scope 1 emissions stood at roughly 11.09 million kg CO2e, with Scope 2 emissions at approximately 42.27 million kg CO2e. Triumph has not disclosed Scope 3 emissions data.

Triumph is committed to reducing its environmental impact. They aim to reduce Scope 1 and Scope 2 greenhouse gas intensity by 30% by 2030, using a 2020 baseline. This includes an absolute reduction target of 30% for Scope 1 and Scope 2 GHG emissions by 2030, also from a 2020 baseline. Furthermore, Triumph has a long-term ambition to achieve carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions.

The company has also set Science-Based Targets initiative (SBTi) commitments. Triumph aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 63% by 2035, using a 2023 base year. Additionally, Triumph commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and waste generated in operations by 63% within the same timeframe (2023-2035). These targets are consistent with reductions required to limit global warming to 1.5°C.