Balkrishna Industries
Balkrishna Industries Limited (BKT), headquartered in India, is a prominent player in the global tyre manufacturing industry. Established in 1987, the company has carved a niche in producing off-highway tyres, catering to sectors such as agriculture, construction, and mining. With a strong operational presence across Europe, North America, and Asia, BKT has consistently expanded its market reach. Renowned for its innovative approach, BKT offers a diverse range of products, including agricultural tyres, industrial tyres, and earthmoving tyres, distinguished by their durability and performance. The company has achieved significant milestones, including numerous awards for quality and sustainability, solidifying its position as a leader in the off-highway tyre market. BKT's commitment to excellence and continuous improvement has made it a trusted choice for customers worldwide.
DitchCarbon Score
How does Balkrishna Industries'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
Balkrishna Industries's score of 34 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Balkrishna Industries's reported carbon emissions
In 2024, Balkrishna Industries, headquartered in India, reported total carbon emissions of approximately 4,000,000,000 kg CO2e. This figure includes 629,185,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 78,216,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Notably, the company also disclosed significant Scope 3 emissions, amounting to about 3,660,829,000 kg CO2e, which includes emissions from the entire value chain, such as the use of sold products and purchased goods and services. Balkrishna Industries has demonstrated a commitment to transparency in its emissions reporting, having disclosed data across all three scopes (1, 2, and 3) for 2024. However, there are currently no specific reduction targets or initiatives outlined in their sustainability reports. The company has not adopted Science-Based Targets Initiative (SBTi) reduction targets, nor have they made any formal climate pledges. In previous years, emissions have shown variability, with 2023 emissions recorded at approximately 614,243,000 kg CO2e for Scope 1 and 2 combined, indicating a potential increase in emissions in 2024. The company continues to monitor its emissions and engage in sustainability practices, although specific reduction initiatives have not been detailed. Overall, Balkrishna Industries is actively involved in emissions reporting and is positioned within the industry context of increasing scrutiny on carbon footprints, yet it currently lacks defined reduction commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 111,230,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 197,050,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 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.
Balkrishna Industries 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.
