TVS Motor Company, headquartered in Hosur, India, is a prominent player in the automotive industry, specialising in the manufacture of two-wheelers and three-wheelers. Founded in 1978, the company has achieved significant milestones, including the launch of innovative models and expansion into international markets. With a diverse product portfolio that includes motorcycles, scooters, and electric vehicles, TVS Motor stands out for its commitment to quality and advanced technology. The company is recognised for its strong market position, consistently ranking among the top motorcycle manufacturers in India. TVS Motor's dedication to sustainability and customer satisfaction has earned it numerous accolades, solidifying its reputation as a leader in the automotive sector.
How does Tvs Motor'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.
Mean score of companies in the Motor Vehicle Manufacturing 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.
Tvs Motor's score of 26 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, TVS Motor Company reported total carbon emissions of approximately 22,693,340 kg CO2e for Scope 1, 4,437,470 kg CO2e for Scope 2, and a significant 22,700,763,360 kg CO2e for Scope 3 emissions. This indicates a substantial reliance on indirect emissions, which constitute the majority of their carbon footprint. In 2023, the company recorded Scope 1 emissions of about 19,046,000 kg CO2e and Scope 2 emissions of approximately 9,584,320 kg CO2e. The data for Scope 3 emissions was not disclosed for that year, highlighting a potential area for improvement in transparency. TVS Motor has not set specific near-term or long-term reduction targets and is not currently committed to achieving net-zero emissions. Previous commitments have been removed or expired, indicating a need for renewed climate action strategies. The company operates within the automobiles and components sector in India, where the automotive industry faces increasing pressure to reduce carbon emissions and enhance sustainability practices. Overall, while TVS Motor has made strides in reporting emissions, the absence of clear reduction targets and commitments to net-zero emissions suggests that further action is necessary to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 17,876,210 | 00,000,000 | 00,000,000 |
Scope 2 | 11,835,340 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 00,000,000,000 |
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.
Tvs Motor 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.