TYCOONS GROUP ENTERPRISE CO., LTD.
TYCOONS GROUP ENTERPRISE CO., LTD., commonly referred to as TYCOONS, is a leading manufacturer based in Taiwan (TW), with a strong presence in the global steel and metal industry. Founded in 1975, the company has established itself as a key player in the production of high-quality steel products, including pipes, tubes, and various metal components, catering to diverse sectors such as construction, automotive, and energy. With its headquarters in Taiwan, TYCOONS operates extensively across Asia and beyond, leveraging advanced technology and innovative practices to deliver exceptional products. The company is renowned for its commitment to quality and sustainability, achieving notable certifications that underscore its market position. TYCOONS continues to thrive, driven by a dedication to excellence and a focus on meeting the evolving needs of its customers.
DitchCarbon Score
How does TYCOONS GROUP ENTERPRISE CO., LTD.'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 Iron and Steel Production 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
TYCOONS GROUP ENTERPRISE CO., LTD.'s score of 19 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TYCOONS GROUP ENTERPRISE CO., LTD.'s reported carbon emissions
In 2023, Tycoons Group Enterprise Co., Ltd. reported total carbon emissions of approximately 10,292,080 kg CO2e. This figure includes 1,288,620 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 25,532,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, the majority of their emissions stem from Scope 3, amounting to about 524,465,000 kg CO2e, which encompasses all other indirect emissions that occur in the value chain. Comparatively, in 2022, the company reported total emissions of approximately 13,648,730 kg CO2e, with Scope 1 emissions at 68,285,000 kg CO2e and Scope 2 emissions remaining consistent at 25,532,000 kg CO2e. The significant increase in total emissions from 2022 to 2023 indicates a need for enhanced climate strategies. Currently, Tycoons Group does not have any publicly disclosed reduction targets or commitments, including those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a company headquartered in Taiwan (TW), Tycoons Group is positioned within an industry context that increasingly prioritises sustainability and carbon reduction. However, without established targets or initiatives, the company faces challenges in aligning with global climate goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 68,285,000 | 0,000,000 |
| Scope 2 | 25,532,000 | 00,000,000 |
| Scope 3 | 524,465,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
TYCOONS GROUP ENTERPRISE CO., LTD. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
