Arvind

Arvind, a Textiles company based in India, reported Scope 1 emissions of 358,301,800 kg CO2e, Scope 2 emissions of 277,550,300 kg CO2e, and Scope 3 emissions of 670,950,000 kg CO2e for 2023. This compares to 2022, when the company reported Scope 1 emissions of 363,942,000 kg CO2e, Scope 2 emissions of 283,654,000 kg CO2e, and Scope 3 emissions of 418,569,000 kg CO2e. In 2021, Arvind's Scope 1 emissions were 287,658,000 kg CO2e, Scope 2 emissions were 193,347,000 kg CO2e, and Scope 3 emissions were 246,067,000 kg CO2e.

Arvind has set ambitious climate commitments, with its Science Based Targets initiative (SBTi) approved targets demonstrating a dedication to climate action. The company commits to achieving net-zero greenhouse gas emissions across its entire value chain by FY2050. Near-term targets include a 63% absolute reduction in Scope 1 and 2 GHG emissions by FY2034 from a FY2019 base year, and a 40% absolute reduction in Scope 3 GHG emissions by FY2034 from a FY2022 base year. For the long-term, Arvind aims for a 90% absolute reduction in Scope 1 and 2 GHG emissions by FY2045 from a FY2019 base year, and a 90% absolute reduction in Scope 3 GHG emissions by FY2045 from a FY2022 base year. These targets are classified as consistent with a 1.5°C warming scenario.