TCFD sustainability report

Sustainability Report and Carbon Intensity Rankings

Is TCFD sustainability report doing their part?

Their DitchCarbon score is 71

The TCFD sustainability report indicates a score of 71 for the company, reflecting a relatively high level of sustainability practices. This score suggests that the company has made significant efforts to reduce its carbon intensity. A higher score denotes better performance in managing and lowering emissions in alignment with sustainability goals.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

TCFD sustainability report is part of the research and development sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The company in the United States has a low carbon intensity rating, indicating a smaller carbon footprint in its operations. This reflects positively on the company’s sustainability efforts due to the environmentally conscious region it operates in.
19.64%

...this company is doing 19.64% better in emissions than the industry average.

The Task Force on Climate-related Financial Disclosures (TCFD), founded in 2015, operates within the research and development sector in the United States. TCFD specializes in developing voluntary guidelines for climate-related financial risk disclosures, aimed at companies that need to inform stakeholders such as investors, lenders, and insurers. Their work focuses on enhancing the understanding of climate change risks and improving the alignment of corporate disclosures with the expectations of financial markets.

Bad news, company has not committed to SBTi guidelines yet

The company has not yet established specific commitments to the Science Based Targets initiative (SBTi) as outlined in their TCFD sustainability report. This means they are currently not aligned with any science-based targets to reduce greenhouse gas emissions and limit global warming.

There’s always room for improvement,

DitchCarbon recommends...

The company should undertake a thorough inventory of all direct emissions sources to identify and mitigate Scope 1 emissions effectively.
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✓ Comprehensive database of calculators, life cycle analysis, carbon footprints of companies

✓ Peer group, recommended actions, historical reports, data sources

✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.