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Technicolor SA, a prominent player in the printed matter and recorded media industry, is headquartered in the United States. Founded in 1915, the company has evolved significantly, marking key milestones in the realms of film and media technology. With a strong presence in North America and Europe, Technicolor excels in providing innovative solutions across various sectors, including film production, post-production, and digital distribution.
The company is renowned for its unique offerings in colour processing and visual effects, setting industry standards with its cutting-edge technology. Technicolor's commitment to quality and creativity has solidified its market position, making it a trusted partner for filmmakers and content creators worldwide. With a rich history and a focus on innovation, Technicolor continues to shape the future of media and entertainment.
+16 vs industry average
Technicolor’s score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Media Production is among the most carbon-intensive industries
The Media Production industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Technicolor reported total Scope 1, 2, and 3 carbon emissions of approximately 4.05 billion kg CO2e in 2021. Their Scope 1 emissions were 4.76 million kg CO2e and Scope 2 emissions were 85.31 million kg CO2e (location-based). Scope 3 emissions were substantial, totalling around 3.96 billion kg CO2e, with the largest contributors being use of sold products (3.44 billion kg CO2e) and purchased goods and services (811.10 million kg CO2e).
Looking back, Technicolor's combined Scope 1 and 2 emissions have shown a downward trend: 116.12 million kg CO2e in 2020, 141.91 million kg CO2e in 2019, 181.50 million kg CO2e in 2018, and 206.12 million kg CO2e in 2017. Emissions data for 2016 and 2006 are not available, and only Scope 1 (7.65 million kg CO2e) and Scope 2 (149.20 million kg CO2e location-based) data is available for 2012.
Technicolor is a current subsidiary of Technicolor Inc. and has committed to Science-Based Targets (SBT) and the Net Zero Standard by the end of 2021. The company plans to submit its targets for validation during 2022. They aim for an 80% absolute reduction in Scope 1 and Scope 2 emissions by 2030, aligning with a 1.5°C scenario, and a long-term Net Zero target by 2050. These commitments have been cascaded from the parent organization Vantiva S.A.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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