Asian Paints Limited, headquartered in India, is a leading player in the decorative paints industry, renowned for its innovative solutions and extensive product range. Founded in 1942, the company has grown to dominate the market, serving not only India but also several international regions, including the Middle East and Africa.
Specialising in decorative paints, industrial coatings, and home improvement products, Asian Paints stands out for its commitment to quality and sustainability. The company has achieved significant milestones, including the introduction of advanced colour technology and eco-friendly paint options. With a strong market position, Asian Paints is celebrated for its customer-centric approach and has consistently been recognised as one of the most trusted brands in the industry.
+3 vs industry average
Asian Paints’s score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Asian Paints's reported carbon emissions
As of 2024, Asian Paints reported total emissions of approximately 3.4 billion kg CO2e, comprising 72,794,000 kg CO2e from Scope 1, 44,357,000 kg CO2e from Scope 2, and 3,403,000,000 kg CO2e from Scope 3 emissions. The company has achieved significant reductions in its emissions, with a 41% decrease in Scope 1 emissions and a 47% decrease in Scope 2 emissions since the fiscal year 2013-14. Asian Paints has disclosed emissions data for all three scopes, demonstrating a commitment to transparency in its climate impact. The company has set ambitious targets to further reduce its carbon footprint, aligning with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Asian Paints Limited independently reports its climate metrics. The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.
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Asian Paints’s Climate Goals (2030 & 2050)
2 goals2023
47% reduction in Scope 2
We have reduced our Scope 1 emissions by 41% and our Scope 2 emissions by 47% from FY 2013–14.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Asian Paints
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