CY 2022 Greenhouse Gas Emissions Report
Teracore measured and established a baseline of our greenhouse gas emissions for Calendar Year 2022 for all assets leased and controlled by the company.
Teracore’s Greenhouse Gas (GHG) emissions report provides measurement of our Scope 1 and Scope 2 emissions, as well as our Scope 3 emissions for CY 2022. Teracore attests that the Scope 1, 2 and 3 GHG emissions were calculated in accordance with the GHG Protocol Corporate Accounting and Reporting Standard.
In calendar year 2022, Teracore’s Scope 1 and 2 emissions measured approximately 4.48 metric tons of CO2e. Its Scope 3 emissions measured approximately 12.52 metric tons CO2e. The entirety of Teracore’s emissions are from the electricity used in the facility we lease, which is a commercial office space, and from aemployee business travel and commuting.
Teracore is committed to further reduce our greenhouse gas emissions and our impact on the climate and will establish annual reduction targets beginning in 2023. We believe that establishing and meeting these short and mid-term goals will enable us to achieve a reduction in our emissions to net-zero by or before 2030.