Tereos

Tereos, headquartered in France and operating in the Chemicals nec industry, reported total carbon emissions of approximately 925.8 million kg CO2e in 2023. This comprised about 417.5 million kg CO2e from Scope 1, 703,310 kg CO2e from Scope 2, and approximately 507.6 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 included purchased goods and services (about 303.6 million kg CO2e) and downstream transportation and distribution (approximately 137.9 million kg CO2e).

Looking back, Tereos's total emissions in 2022 were approximately 757.6 million kg CO2e, with Scope 1 at about 331.0 million kg CO2e, Scope 2 at 17,100 kg CO2e, and Scope 3 at around 426.6 million kg CO2e. In 2021, total emissions were about 503.3 million kg CO2e, including approximately 311.3 million kg CO2e from Scope 1, 2.3 million kg CO2e from Scope 2, and about 189.8 million kg CO2e from Scope 3.

Tereos is committed to significant emissions reductions, aiming for Net Zero by 2050, as evidenced by its pledge with the Science Based Targets initiative (SBTi) in 2022. The company targets a 50% reduction in Scope 1 and Scope 2 industrial activity emissions by the 2032-2033 campaign. Specifically for Europe, Tereos plans to reduce CO2 emissions by 30% (against a 2015 baseline) in both Scope 1 and Scope 2 by 2030. Additionally, the company aims to withdraw from coal for all its dehydration units by 2030. For its Brazilian operations (Tereos Sugar & Energy Brazil), there is a target to achieve a 4.84% reduction in Scope 1 and Scope 2 CO2 emissions by 2026, based on an average of 2019 and 2020 results. Furthermore, Tereos intends to reduce Scope 3 emissions from agricultural activities by 18% by the end of 2025, compared to 2023, by ensuring 100% of its agricultural raw materials are non-deforesting.