Carraro India Limited Sustainability Profile
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.
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.
Industry Benchmark
Carraro India Limited's score of 26 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, a slight decrease from 19,264 kg CO2e in 2022. The emissions breakdown for 2023 includes 543,000 kg CO2e from Scope 1, primarily from fugitive emissions, and 27,864 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data. Despite the reduction in total emissions, Carraro India Limited has not set specific reduction targets or climate pledges, nor are there any initiatives reported under the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, Carraro India Limited, indicating a corporate family relationship that influences their reporting. Overall, while Carraro India Limited has shown a minor reduction in emissions, the absence of formal climate commitments or reduction targets suggests an opportunity for further engagement in sustainability practices.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 258,000 | 000,000 |
| Scope 2 | 32,882 | 00,000 |
| Scope 3 | - | - |
How Carbon Intensive is Carraro India Limited's Industry?
How Carbon Intensive is Carraro India Limited's Location?
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.
