Bajaj Electricals
Bajaj Electricals Limited, a prominent player in the electrical equipment industry, is headquartered in Mumbai, India. Founded in 1938, the company has established itself as a leader in various sectors, including lighting, electrical appliances, and engineering projects. With a strong presence across India and international markets, Bajaj Electricals is renowned for its innovative products and commitment to quality. The company offers a diverse range of core products, including consumer appliances, fans, and lighting solutions, distinguished by their energy efficiency and cutting-edge technology. Bajaj Electricals has achieved significant milestones, such as being awarded the prestigious 'Superbrand' status, reflecting its strong market position and customer trust. With a focus on sustainability and innovation, Bajaj Electricals continues to shape the future of the electrical industry in India and beyond.
DitchCarbon Score
How does Bajaj Electricals'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 Machinery and Equipment 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
Bajaj Electricals's score of 16 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bajaj Electricals's reported carbon emissions
In 2023, Bajaj Electricals reported total carbon emissions of approximately 3,485,760 kg CO2e for Scope 1 and 4,122,570 kg CO2e for Scope 2. This marked a significant increase from 2022, where emissions were about 779,680 kg CO2e for Scope 1 and 3,528,360 kg CO2e for Scope 2. Looking ahead to 2024, the company aims to reduce its emissions, reporting projected figures of around 1,665,700 kg CO2e for Scope 1 and 3,919,530 kg CO2e for Scope 2. This indicates a commitment to lowering its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Bajaj Electricals has not established any formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, which places them in a broader industry context where many companies are increasingly setting ambitious climate goals. The company’s emissions intensity metrics indicate a focus on improving efficiency, with a reported intensity of 2.4 kg CO2e per tonne of physical output in 2023, down from 3.21e-09 kg CO2e per rupee of turnover adjusted for Purchasing Power Parity (PPP). Overall, while Bajaj Electricals is making strides in emissions reporting and efficiency, the absence of formal reduction commitments highlights an area for potential growth in their climate strategy.
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Get Started| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 779,680 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,528,360 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Bajaj Electricals 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.
