Exide
Exide Industries Limited, commonly known as Exide, is a leading player in the battery manufacturing industry, headquartered in Kolkata, India. Founded in 1947, Exide has established itself as a pioneer in the production of lead-acid batteries, catering to a diverse range of sectors including automotive, industrial, and renewable energy. With a robust presence across India and significant operations in international markets, Exide offers a comprehensive portfolio of products, including automotive batteries, inverter batteries, and specialised industrial batteries. The company is renowned for its innovative technology and commitment to quality, which have positioned it as a trusted brand among consumers and businesses alike. Exide's notable achievements include being one of the largest manufacturers of lead-acid batteries in India, reflecting its strong market position and dedication to sustainability and customer satisfaction.
DitchCarbon Score
How does Exide'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 Furniture 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.
Industry Benchmark
Exide's score of 16 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Exide's reported carbon emissions
In 2023, Exide Industries Limited reported total carbon emissions of approximately 912,765,000 kg CO2e from Scope 3, 33,907,300 kg CO2e from Scope 2, and 29,994,000 kg CO2e from Scope 1. This data reflects a comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. Over the past few years, Exide has shown a commitment to reducing its carbon footprint, with emissions from Scope 1 and Scope 2 reported at 29,186,000 kg CO2e and 314,201,000 kg CO2e in 2022, and 22,818,000 kg CO2e and 331,211,000 kg CO2e in 2021, respectively. This indicates a focus on improving operational efficiency and reducing direct emissions. Despite the absence of specific reduction targets or climate pledges, Exide's emissions intensity metrics suggest a commitment to sustainability. For instance, the total Scope 1 and Scope 2 emission intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) was approximately 0.0053847 in 2023, indicating a proactive approach to managing emissions relative to revenue. Exide's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of its operations. The company continues to navigate the challenges of climate change while striving for improved environmental performance.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 22,818,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 331,211,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
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.
Exide 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.
