Technicolor

Technicolor's reported carbon emissions

Technicolor, a company in the Printed matter and recorded media (22) industry with its HQ in the US, reported a total of approximately 1.24 billion kg CO2e in emissions for the year 2021. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. **2021 Emissions Breakdown:** * **Scope 1:** Approximately 4.76 million kg CO2e * **Scope 2:** Approximately 85.31 million kg CO2e * **Scope 3:** Approximately 1.15 billion kg CO2e (with significant contributions from purchased goods and services at approximately 811.10 million kg CO2e and use of sold products at approximately 344.00 million kg CO2e). In 2020, Technicolor's Scope 1 and 2 emissions totalled approximately 116.12 million kg CO2e. Prior to that, in 2019, Scope 1 and 2 emissions were approximately 141.91 million kg CO2e, and in 2018, they were approximately 181.50 million kg CO2e. Scope 3 data was not fully disclosed for these years. **Climate Commitments:** Technicolor has committed to Science-Based Targets (SBT) and the Net Zero Standard. As of the end of 2021, the company aimed to submit its targets for validation in 2022. The Group is working towards an ambitious short-term outcome of an 80% absolute reduction in emissions by 2030, aligning with a below 1.5°C trajectory. A longer-term goal of Net Zero by 2050 has also been established. It's important to note that Technicolor's emissions data is inherited from its parent company, Technicolor Inc. (cascade level 1, relationship type: current subsidiary). Emission data for SBTi, CDP, and RTZ initiatives are sourced from Vantiva S.A.