- High inflation
- Volatility in customer production schedules
- UAW strike
- Geopolitical uncertainties
- Supply chain disruptions
- Transition to EVs
- Competition and customer pricing pressure
- Talent attraction and retention
- Critical cyber events
- Climate change impacts (heat stress, etc.)
TI Fluid Systems plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, TI Fluid Systems plc disclosed greenhouse gas emissions of 220.2K tonnes CO2e/year. By scope: Scope 1: 27.1K tonnes CO2e/year; Scope 2: 193.1K tonnes CO2e/year; Scope 3: 1.1M tonnes CO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
220.2K tonnes CO2e/year
2023
Energy Use
500.5M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 27.1K tonnes CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 193.1K tonnes CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.1M tonnes CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 220.2K tonnes CO2e/year |
| 2022 | 260.7K tCO2e/year (Scope 1 & 2) |
| 2021 | 34.6K tCO2e (Scope 1) and 230266.09 tCO2e (Scope 2) in 2021 |
| 2019 | 484.2K tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 15% reduction in Scope 1 & 2 emissions compared to 2021 baseline
- SBTi approval of 2030 carbon emission reduction targets (Scope 1 & 2: -50%, Scope 3: -30%)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Grow revenue to €3.8–4.2 billion by 2026
📅 Medium-term
- Grow revenue to >€4.5 billion by 2030
- Return to double-digit Adjusted EBIT margin
- Reduce Scope 1 & 2 emissions by 50% by 2030 (vs 2021 baseline)
- Reduce Scope 3 emissions by 30% by 2030 (vs 2021 baseline)
- 90% landfill avoidance and 80% recycling rate for waste materials by 2030
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceSupply Chain ResponsibilityEmployee Well-being