Asian Paints
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.
DitchCarbon Score
How does Asian Paints'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 Business Services 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
Asian Paints's score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Asian Paints's reported carbon emissions
In 2024, Asian Paints reported total carbon emissions of approximately 3,327,940,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 72,794,000 kg CO2e, while Scope 2 emissions totalled approximately 44,357,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 3,320,000,000 kg CO2e, primarily from purchased goods and services (approximately 2,730,000,000 kg CO2e) and upstream transportation and distribution (about 510,000,000 kg CO2e). In 2023, the company reported slightly lower emissions, with Scope 1 at approximately 74,943,000 kg CO2e, Scope 2 at about 44,600,000 kg CO2e, and Scope 3 at around 3,280,000,000 kg CO2e. This indicates a trend of stabilisation in emissions levels over the years. Asian Paints has made notable strides in reducing its carbon footprint, achieving a 41% reduction in Scope 1 emissions and a 47% reduction in Scope 2 emissions from FY 2013–14 to 2023. These reductions reflect the company's commitment to sustainability and its proactive approach to mitigating climate impact. The emissions data is sourced directly from Asian Paints Limited, with no cascading from a parent or related organisation. The company continues to focus on enhancing its sustainability initiatives and reducing its overall carbon emissions in alignment with industry standards.
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| 2014 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 25,072,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,407,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
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.
Asian Paints 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.
