Tube Investments Of India
Tube Investments of India Limited, headquartered in Chennai, India, is a prominent player in the engineering and manufacturing sector. Founded in 1955, the company has established itself as a leader in diverse industries, including bicycles, engineering, and metal products. With a strong presence across India and significant operations in international markets, Tube Investments is renowned for its innovative solutions and high-quality products. The company’s core offerings include precision-engineered components, bicycles, and automotive parts, distinguished by their durability and performance. Tube Investments has achieved notable milestones, such as pioneering advancements in bicycle technology and expanding its product range to meet evolving market demands. With a commitment to excellence, Tube Investments of India continues to strengthen its market position, making it a trusted name in the industry.
DitchCarbon Score
How does Tube Investments Of India'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.
Industry Average
Mean score of companies in the Financial Intermediation 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.
Industry Benchmark
Tube Investments Of India's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tube Investments Of India's reported carbon emissions
In 2024, Tube Investments of India reported total carbon emissions of approximately 46,252,000 kg CO2e for Scope 1 and about 62,081,000 kg CO2e for Scope 2, resulting in a combined total of approximately 108,333,000 kg CO2e. This reflects a slight increase in emissions compared to 2023, where Scope 1 emissions were about 42,063,000 kg CO2e and Scope 2 emissions were approximately 66,839,000 kg CO2e, leading to a total of around 108,902,000 kg CO2e. In 2022, the company recorded Scope 1 emissions of about 41,557,000 kg CO2e and Scope 2 emissions of approximately 62,422,000 kg CO2e, totalling around 103,979,000 kg CO2e. Tube Investments of India has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The company’s emissions data is self-reported and does not appear to be cascaded from a parent or related organization. The reported emissions intensity for Scope 1 and Scope 2 per rupee of turnover was approximately 0.004375 in 2024, indicating a focus on improving efficiency relative to revenue. Overall, while Tube Investments of India has made strides in tracking and reporting its emissions, the absence of reduction targets suggests an opportunity for further commitment to climate action.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 41,557,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 62,422,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions 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.
Tube Investments Of India is not participating in any of the initiatives that 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.
