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Motor Vehicle Retail Services
IN
updated a month ago

Carraro India Limited Sustainability Profile

Company website

Carraro India Limited, a subsidiary of the renowned Carraro Group, is headquartered in India and operates primarily in the agricultural machinery and power transmission sectors. Established in 2007, the company has rapidly evolved, becoming a key player in the Indian market, particularly in regions with a strong agricultural base. Specialising in high-quality gearboxes, axles, and transmission systems, Carraro India Limited distinguishes itself through innovative engineering and a commitment to sustainability. The company’s products are designed to enhance efficiency and performance in agricultural equipment, making them a preferred choice among manufacturers. With a focus on technological advancement and customer satisfaction, Carraro India Limited has achieved significant milestones, solidifying its position as a leader in the industry. Its dedication to quality and innovation continues to drive its success in the competitive landscape of agricultural machinery.

DitchCarbon Score

How does Carraro India Limited'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.

26

Industry Average

Mean score of companies in the Motor Vehicle Retail 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.

32

Industry Benchmark

Carraro India Limited's score of 26 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Carraro India Limited's reported carbon emissions

In 2023, Carraro India Limited reported total carbon emissions of approximately 18,765 kg CO2e, with Scope 1 emissions primarily from fugitive emissions amounting to about 543,000 kg CO2e and Scope 2 emissions totalling approximately 27,864 kg CO2e. This reflects a slight decrease from 2022, where total emissions were about 19,264 kg CO2e, with Scope 1 emissions from fugitive sources at approximately 258,000 kg CO2e and Scope 2 emissions at about 32,882 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2023, but in previous years, such as 2020, total Scope 3 emissions were reported at approximately 21,944,000 kg CO2e. This included significant contributions from upstream transportation and distribution. Carraro India Limited has not set specific reduction targets or climate pledges, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The emissions data is cascaded from the parent company, Carraro India Limited, indicating a corporate family relationship that influences their sustainability reporting. Overall, while Carraro India Limited has made some progress in managing its carbon footprint, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020222023
Scope 1
18,720,000
00,000,000
000,000
000,000
Scope 2
15,708,000
00,000,000
00,000
00,000
Scope 3
20,867,000
00,000,000
-
-

How Carbon Intensive is Carraro India Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Carraro India Limited's primary industry is Motor Vehicle Retail Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Carraro India Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Carraro India Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Carraro India Limited's Scope 3 Categories Breakdown

Carraro India Limited's Scope 3 emissions, which increased by 5% last year and increased by approximately 5% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 41% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 99% of Scope 3 emissions.

Top Scope 3 Categories

2020
Upstream Transportation & Distribution
99%
Business Travel
1%

Carraro India Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Carraro India Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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