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.
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.
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.
Asian Paints's score of 41 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2024, Asian Paints reported significant carbon emissions, totalling approximately 72,794,000 kg CO2e for Scope 1 and 44,357,000 kg CO2e for Scope 2, alongside 3,320,000,000 kg CO2e for Scope 3 emissions. This indicates a continued reliance on fossil fuels and other carbon-intensive processes, particularly in their supply chain. In 2023, the company recorded emissions of about 74,943,000 kg CO2e for Scope 1, 44,600,000 kg CO2e for Scope 2, and 3,280,000,000 kg CO2e for Scope 3. This data reflects a slight increase in Scope 1 emissions compared to the previous year, highlighting the challenges in reducing direct emissions. Asian Paints has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it may not yet have formalised a comprehensive strategy for emissions reduction. Overall, Asian Paints faces the challenge of addressing its substantial carbon emissions while navigating the complexities of its supply chain and production processes.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 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 | 0,000,000,000 |
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 committed to any reduction initiatives 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.