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 8 is lower than 80% 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 2022, Bakelite Synthetics reported total carbon emissions of approximately 2,713,933,000 kg CO2e. This figure includes Scope 1 emissions of about 94,987,655 kg CO2e, Scope 2 emissions of approximately 124,840,918 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 2,494,104,430 kg CO2e. As part of its climate commitments, Bakelite Synthetics aims to meet the goals of the Paris Agreement, targeting a reduction in greenhouse gas emissions by 50% by 2030 and achieving net-zero emissions by 2050 at the latest. This commitment encompasses all scopes of emissions, reflecting a long-term strategy to address climate change effectively. Currently, there is no emissions data available for 2023, and the company has not disclosed specific reduction targets through the Science Based Targets initiative (SBTi). The emissions data reported is not cascaded from any parent organization, indicating that Bakelite Synthetics is independently managing its climate impact and sustainability efforts.
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| 2022 | |
|---|---|
| Scope 1 | 94,987,655 |
| Scope 2 | 124,840,918 |
| Scope 3 | 2,494,104,430 |
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.
