CarTrade Tech Limited
CarTrade Tech Limited, headquartered in India, is a leading player in the automotive technology industry, specialising in online vehicle trading and related services. Founded in 2010, the company has established a strong presence across major operational regions in India, providing innovative solutions that connect buyers and sellers in the automotive market. The core offerings of CarTrade Tech include a comprehensive online platform for buying and selling new and used vehicles, along with valuation services and data analytics. What sets them apart is their commitment to transparency and user-friendly technology, which enhances the overall customer experience. With a robust market position, CarTrade Tech has achieved significant milestones, including partnerships with various automotive manufacturers and financial institutions, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does CarTrade Tech 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 Retail Trade 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
CarTrade Tech Limited's score of 21 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CarTrade Tech Limited's reported carbon emissions
In 2023, CarTrade Tech Limited reported total carbon emissions of approximately 241,680 kg CO2e for Scope 1 and about 301,760 kg CO2e for Scope 2, resulting in a combined total of around 543,440 kg CO2e. This reflects a slight decrease in Scope 1 emissions from 2022, where they were approximately 250,210 kg CO2e, while Scope 2 emissions increased from about 223,440 kg CO2e in the previous year. CarTrade Tech Limited has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company does not disclose any Scope 3 emissions data, which typically includes indirect emissions from the value chain. The emissions data is not cascaded from any parent organization, indicating that the figures are solely representative of CarTrade Tech Limited's own operations. The company continues to focus on transparency in its sustainability reporting, as evidenced by its published documents.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 250,210 | 000,000 |
| Scope 2 | 223,440 | 000,000 |
| Scope 3 | - | - |
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.
CarTrade Tech Limited 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.
