TT Electronics plc Sustainability Profile
TT Electronics plc, headquartered in Great Britain, is a leading global provider of engineered electronics solutions. Founded in 1900, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in the design and manufacture of advanced components and systems, TT Electronics serves diverse industries such as aerospace, defence, medical, and industrial. The company is renowned for its innovative products, including sensors, connectivity solutions, and power management systems, which are distinguished by their reliability and performance. With a commitment to quality and customer satisfaction, TT Electronics has achieved significant milestones, positioning itself as a trusted partner in the electronics sector. Its dedication to technological advancement and sustainability further solidifies its reputation as a market leader.
DitchCarbon Score
How does TT Electronics plc'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 Communication Equipment Manufacturing 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
TT Electronics plc's score of 70 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TT Electronics plc's reported carbon emissions
In 2024, TT Electronics plc reported total carbon emissions of approximately 7,506,000 kg CO2e, which includes 991,000 kg CO2e from Scope 1 and 6,587,000 kg CO2e from Scope 2 emissions (market-based). The company also disclosed significant Scope 3 emissions, totalling about 196,723,000 kg CO2e, with the largest contributions from purchased goods and services (approximately 187,394,000 kg CO2e) and upstream transportation and distribution (about 4,310,000 kg CO2e). Comparatively, in 2023, TT Electronics' total emissions were around 10,533,000 kg CO2e, with Scope 1 emissions at 1,102,000 kg CO2e and Scope 2 emissions at approximately 9,431,000 kg CO2e (market-based). The company has shown a commitment to reducing its carbon footprint, having set a net-zero target through the Science Based Targets initiative (SBTi), aiming for long-term reductions across all scopes by 2050. TT Electronics is actively working towards its climate commitments, with a focus on transparency and accountability in its emissions reporting. The company is committed to achieving net-zero emissions, reflecting its dedication to sustainability within the electrical equipment and machinery sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,479,000 | - | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 26,066,000 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 |
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TT Electronics plc's Scope 3 Categories Breakdown
TT Electronics plc's Scope 3 emissions, which increased by 15% last year and increased by approximately 15% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 95% of Scope 3 emissions.
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TT Electronics plc'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.
TT Electronics plc has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about TT Electronics plc's sustainability data and climate commitments