True

True's reported carbon emissions

True's Carbon Emissions and Climate Commitments In 2024, True reported total emissions of approximately 916,830,000 kg CO2e, encompassing Scope 1, Scope 2 (market-based), and Scope 3 emissions. Scope 2 emissions, utilising market-based accounting, were approximately 661,048,990 kg CO2e, while Scope 1 emissions were about 9,721,320 kg CO2e, and Scope 3 emissions amounted to approximately 227,916,050 kg CO2e. For 2023, the company's total emissions were approximately 1,060,000,000 kg CO2e. This breaks down into Scope 1 emissions of approximately 15,777,790 kg CO2e, Scope 2 (market-based) emissions of approximately 702,553,860 kg CO2e, and Scope 3 emissions of approximately 343,832,000 kg CO2e. True has established several ambitious climate targets. The company is committed to reaching net-zero greenhouse gas emissions across its value chain by 2050. As part of its near-term strategy, True aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2020 as a baseline year. Furthermore, the company is working towards a 25% reduction in absolute Scope 3 greenhouse gas emissions by the same year. For the long term, True has set a target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2050, and absolute Scope 3 emissions by 90% within the same timeframe, also relative to a 2020 baseline. These targets are in alignment with the Science-Based Targets initiative (SBTi).