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.
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.
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.
Balkrishna Industries's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Balkrishna Industries, headquartered in India, reported total carbon emissions of approximately 4,000,000,000 kg CO2e. This figure includes Scope 1 emissions of about 629,185,000 kg CO2e, Scope 2 emissions of approximately 78,216,000 kg CO2e, and a significant Scope 3 total of around 3,660,829,000 kg CO2e. The Scope 1 emissions breakdown reveals mobile combustion emissions of about 30,500 kg CO2e, process emissions of approximately 122,630 kg CO2e, and fugitive emissions of about 2,803,220 kg CO2e. In 2023, the company reported Scope 1 emissions of approximately 508,202,000 kg CO2e and Scope 2 emissions of about 106,041,000 kg CO2e, leading to a combined total of around 614,243,000 kg CO2e for Scope 1 and 2. The emissions data for previous years indicates a trend of increasing emissions, with 2022 figures showing Scope 1 emissions of about 441,602,000 kg CO2e and Scope 2 emissions of approximately 127,457,000 kg CO2e. Balkrishna Industries has not set specific reduction targets or initiatives as part of their climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The company has not disclosed any climate pledges or significant reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, while Balkrishna Industries has made strides in emissions reporting, the absence of reduction targets highlights the need for a more robust climate action plan to address their substantial carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.