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 32 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Balkrishna Industries's reported carbon emissions
In 2023, Balkrishna Industries, headquartered in India, reported total carbon emissions of approximately 614,243,000 kg CO2e, comprising 508,202,000 kg CO2e from Scope 1 and 106,041,000 kg CO2e from Scope 2 emissions. This marked an increase from 2022, where total emissions were about 451,886,000 kg CO2e, with Scope 1 emissions at 441,601,100 kg CO2e and Scope 2 emissions at 127,457,000 kg CO2e. The company has shown a significant increase in emissions over the years, with Scope 1 emissions rising from 111,230,000 kg CO2e in 2019 to 508,202,000 kg CO2e in 2023. Similarly, Scope 2 emissions increased from 197,050,000 kg CO2e in 2019 to 106,041,000 kg CO2e in 2023. Despite these figures, Balkrishna Industries has not publicly disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests a need for enhanced commitment to sustainability practices within the industry context. Overall, while Balkrishna Industries has made strides in reporting emissions, the lack of clear reduction strategies highlights an opportunity for the company to strengthen its climate commitments moving forward.
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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 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.
