Ti Fluid Systems

Ti Fluid Systems's reported carbon emissions

In 2024, TI Fluid Systems reported total carbon emissions of approximately 1.28 billion kg CO2e, comprising 24,136,000 kg CO2e from Scope 1, 162,242,000 kg CO2e from Scope 2, and 1,095,148,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in emissions reporting, with all three scopes disclosed. The company has set ambitious reduction targets, aiming for a 50% absolute reduction in Scope 1 and 2 emissions by 2030 from a 2021 baseline. Additionally, TI Fluid Systems is committed to a 30% reduction in Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Looking further ahead, TI Fluid Systems has established a long-term goal of achieving a 37.5% reduction in Scope 1 and 2 emissions by 2039 compared to 2019 levels, with interim milestones set for 2029 and 2034 to track progress. Overall, TI Fluid Systems demonstrates a proactive approach to managing its carbon footprint, with clear targets and a commitment to sustainability in the automotive components sector.