Ti Fluid Systems

TI Fluid Systems, a US-headquartered company in the Motor vehicles, trailers and semi-trailers industry, reported its total greenhouse gas emissions for 2024 as approximately 1.28 billion kg CO2e. This includes Scope 1 emissions of approximately 24.1 million kg CO2e, Scope 2 emissions of about 162.2 million kg CO2e, and Scope 3 emissions of roughly 1.095 billion kg CO2e.

Looking back, in 2023, the company's total emissions were approximately 1.288 billion kg CO2e, comprising Scope 1 emissions of about 27.1 million kg CO2e, Scope 2 emissions of around 193.1 million kg CO2e, and Scope 3 emissions of approximately 1.068 billion kg CO2e.

TI Fluid Systems has set several climate commitments and reduction targets. They aim to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, using a 2021 base year. Additionally, the company commits to reducing absolute Scope 3 GHG emissions by 30% within the same timeframe (2021-2030). These near-term targets are consistent with reductions required to keep global warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi).

Furthermore, TI Fluid Systems has a long-term target to achieve a 37.5% reduction in Scope 1 and 2 emissions by 2039 compared to 2019 levels on a like-for-like basis. Interim milestones for this long-term target include a 16% reduction in Scope 1 and 2 emissions by 2029 and a 26% reduction by 2034, both relative to 2019 levels.