Arvind

Arvind, headquartered in India and operating in the Textiles industry, has reported its carbon emissions and set ambitious climate commitments.

In 2023, Arvind's Scope 1 emissions were approximately 365,935,120 kg CO2e, and its Scope 2 emissions were about 166,644,060 kg CO2e. For 2022, the company reported Scope 1 emissions of approximately 363,942,000 kg CO2e, Scope 2 emissions of around 283,654,000 kg CO2e, and Scope 3 emissions of roughly 418,569,000 kg CO2e. In 2021, Arvind's Scope 1 emissions were about 287,658,000 kg CO2e, Scope 2 emissions were approximately 193,347,000 kg CO2e, and Scope 3 emissions totalled around 246,067,000 kg CO2e. This included Scope 3 emissions from purchased goods and services (approximately 141,195,000 kg CO2e), fuel and energy-related activities (about 63,522,000 kg CO2e), employee commute (approximately 19,254,000 kg CO2e), downstream transportation and distribution (around 16,689,000 kg CO2e), upstream transportation and distribution (about 3,859,000 kg CO2e), capital goods (approximately 1,559,000 kg CO2e), and business travel (about 89,000 kg CO2e).

Arvind has set Science Based Targets initiative (SBTi) approved targets. The company commits to reaching net-zero greenhouse gas emissions across its value chain by FY2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 63% by FY2034 from a FY2019 base year. Additionally, Arvind aims to reduce absolute Scope 3 GHG emissions by 40% by FY2034 from a FY2022 base year. For its long-term targets, Arvind commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2045 from a FY2019 base year, and absolute Scope 3 GHG emissions by 90% by FY2045 from a FY2022 base year.