Public Profile

Godrej And Boyce

Godrej And Boyce Manufacturing Company Limited, commonly known as Godrej, is a prominent player in the Indian manufacturing sector, headquartered in Mumbai, India. Established in 1897, the company has evolved into a diversified conglomerate, operating across various industries including furniture, appliances, and security solutions. With a strong presence in both domestic and international markets, Godrej And Boyce is renowned for its innovative products, such as modular furniture and advanced home appliances, which combine functionality with aesthetic appeal. The company has achieved significant milestones, including numerous awards for sustainability and design excellence, solidifying its position as a market leader. Godrej's commitment to quality and customer satisfaction, along with its rich heritage, continues to drive its success in the competitive landscape of manufacturing and consumer goods.

DitchCarbon Score

How does Godrej And Boyce's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

21

Industry Average

Mean score of companies in the Machinery Rental industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

1

Industry Benchmark

Godrej And Boyce's score of 21 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Godrej And Boyce's reported carbon emissions

In 2023, Godrej And Boyce reported total carbon emissions of approximately 99,865,000 kg CO2e, comprising 18,201,000 kg CO2e from Scope 1, 81,664,000 kg CO2e from Scope 2, and 99,865,000 kg CO2e from Scope 3 emissions. This marks a significant increase from previous years, with total emissions recorded at 96,857,000 kg CO2e in 2022 and 73,801,000 kg CO2e in 2021. The company has demonstrated a commitment to reducing its carbon footprint, having set near-term targets under the Science Based Targets initiative (SBTi). Although specific reduction targets were not disclosed, the company is in compliance with the SBTi's commitment compliance policy, with targets expected to be submitted by July 31, 2023. Godrej And Boyce has not yet committed to a net-zero target. Historically, the company has shown fluctuations in emissions, with Scope 1 and 2 emissions peaking at 46,242,000 kg CO2e and 31,364,000 kg CO2e in 2013, respectively. The ongoing efforts to address climate change reflect the company's recognition of its role in the consumer durables and household products sector, as it strives to align with global sustainability standards.

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20112012201320142015201620172020202120222023
Scope 1
42,299,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
25,550,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
00,000,000
000,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Godrej And Boyce's primary industry is Renting services of machinery and equipment without operator and of personal and household goods (71), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Godrej And Boyce is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Godrej And Boyce is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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