Triumph

Triumph, an Air transport services provider based in PK, reported its 2023 Scope 1 emissions as 5,975,000 kg CO2e and Scope 2 (market-based) emissions as 24,956,000 kg CO2e. In 2022, their Scope 1 emissions were 7,435,000 kg CO2e and Scope 2 (market-based) emissions were 25,135,000 kg CO2e. For 2021, Scope 1 emissions were 9,479,000 kg CO2e and Scope 2 (market-based) emissions were 34,270,000 kg CO2e. In 2020, Triumph's Scope 1 emissions were 11,092,000 kg CO2e and Scope 2 (market-based) emissions were 43,089,000 kg CO2e.

Triumph has set several climate commitments. They aim to reduce their Scope 1 and Scope 2 greenhouse gas intensity (metric tons CO2e/$million revenue) by 30% by 2030, using a 2020 baseline. Additionally, Triumph has a long-term ambition to achieve carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions.

The company also has Science Based Targets initiative (SBTi) approved targets. Triumph commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 63.0% by 2035 from a 2023 base year. Furthermore, they commit to reduce absolute Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and waste generated in operations by 63.0% within the same timeframe. These targets are consistent with reductions required to keep warming to 1.5°C.