GlobalData offers a comprehensive analysis of Tetra Tech, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Tetra Tech’s ESG performance. GlobalData’s company profile on Tetra Tech offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Tetra Tech, a global engineering and consulting firm, is committed to reduce its greenhouse gas (GHG) emissions. It is dedicated to reducing GHG emissions across its projects and operations, actively supporting global initiatives aligned with the Paris Agreement's goal of limiting the global temperature increase to 1.5 degrees Celsius. By using a Science Based Targets Initiative (SBTi), the company aims to achieve a 50% reduction in GHG emissions from its operations by 2030 compared to its 2021 baseline. Tetra Tech tracks its emissions across scope 1 (direct emissions), scope 2 (indirect emissions from purchased electricity), and scope 3 (indirect emissions from business travel, waste generation, and purchased goods and services). The company also focuses on other sustainability metrics such as water consumption, renewable energy use, and land and water protection.
In terms of carbon emissions, Tetra Tech has made significant progress. In 2022, the company saw a 25% decrease in GHG emissions per employee for scope 1 and 2 emissions. This reduction was achieved through increased efficiencies, including the use of renewable sources of energy for electricity, which accounted for 54% of operations. Tetra Tech also reduced its real estate footprint per employee by 26%. These efforts align with the company's commitment to be climate positive and carbon negative.
Tetra Tech has taken several steps to achieve its emission reduction goals. The company has expanded its scope of data sets included in scope 3 emissions, which now includes business travel, upstream purchases and deliveries, and waste generation. The company's global impact is assessed through the 1 Billion People Challenge, which, including projects conducted in 2022, has impacted 545 million people and led to a reduction of 101.2 million metric tons of CO2e. Tetra Tech is also leveraging technology and partnerships to address environmental challenges. For example, the company is using forest monitoring technologies and partnerships with government, private sector, and Indigenous communities to reduce deforestation and avoid GHG emissions in Peru. In addition, Tetra Tech has been involved in projects such as wetland habitat restoration and wind power development, which contribute to conservation efforts and carbon emissions reduction.
Overall, Tetra Tech's commitment to sustainability and emission reduction is evident in its actions and achievements. The company's efforts to track and reduce its GHG emissions, increase renewable energy use, conserve water, and protect ecosystems demonstrate its dedication to environmental stewardship. By setting carbon reduction targets and implementing various initiatives, Tetra Tech is making significant progress towards a more sustainable future.
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