Bakelite Synthetics
Bakelite Synthetics, a leading name in the thermosetting plastics industry, is headquartered in India and operates extensively across various regions. Founded in the early 20th century, the company has established itself as a pioneer in the development of high-performance materials, particularly in the automotive, electrical, and consumer goods sectors. Bakelite Synthetics is renowned for its innovative range of products, including Bakelite resins and moulding compounds, which are distinguished by their durability and heat resistance. The company has achieved significant milestones, positioning itself as a trusted supplier in the global market. With a commitment to quality and sustainability, Bakelite Synthetics continues to set industry standards, making it a formidable player in the synthetic materials landscape.
DitchCarbon Score
How does Bakelite Synthetics'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 Chemicals 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
Bakelite Synthetics's score of 20 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bakelite Synthetics's reported carbon emissions
In 2023, Bakelite Synthetics reported total carbon emissions of approximately 2,000,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which totalled about 1,850,956,000 kg CO2e. This includes emissions from purchased goods and services (approximately 1,018,703,000 kg CO2e) and end-of-life treatment of sold products (approximately 479,008,000 kg CO2e). Scope 1 emissions were reported at about 113,811,000 kg CO2e, while Scope 2 emissions were approximately 111,919,000 kg CO2e. In 2022, the company’s total emissions were about 2,713,933,000 kg CO2e, with Scope 3 emissions again being the largest contributor at approximately 2,496,933,000 kg CO2e. Notably, Scope 1 emissions were around 94,000,000 kg CO2e, and Scope 2 emissions were about 123,000,000 kg CO2e. Despite the substantial emissions figures, Bakelite Synthetics has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies suggests a need for further transparency regarding their approach to mitigating climate impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 94,000,000 | 000,000,000 |
| Scope 2 | 124,840,918 | 000,000,000 |
| Scope 3 | 2,496,933,000 | 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.
Bakelite Synthetics 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.
