Technicolor

Technicolor, operating in the Printed matter and recorded media industry, reported total Scope 1, 2, and 3 carbon emissions of approximately 4,506,069,000 kg CO2e in 2021. This included about 4,756,000 kg CO2e from Scope 1 emissions, approximately 85,313,000 kg CO2e from Scope 2 emissions, and roughly 4,415,900,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were use of sold products (about 3,440,000,000 kg CO2e) and purchased goods and services (approximately 811,098,000 kg CO2e).

Looking back, Technicolor's Scope 1 and 2 emissions were approximately 116,116,000 kg CO2e in 2020, and around 141,910,000 kg CO2e in 2019.

Technicolor has committed to Science-Based Targets (SBT) and the Net Zero Standard, with goals to achieve an 80% absolute reduction in Scope 1 and Scope 2 emissions by 2030, targeting a 1.5°C outcome. The company also aims for net-zero emissions by 2050. These targets were adopted at the end of 2021 and are in the process of validation. Technicolor has also set a near-term net-zero target for Scope 1 and Scope 2 emissions by 2030, with a start year of 2023. These reduction initiatives are inherited from its ultimate parent company, Vantiva S.A.