CarTrade Tech Limited, headquartered in India, is a prominent player in the retail trade services sector, specifically focusing on services excluding motor vehicles and motorcycles, as well as the repair of personal and household goods. Founded in 2010, the company has established itself as a leader in the online automotive marketplace, facilitating seamless transactions between buyers and sellers.
With a strong presence across major Indian cities, CarTrade Tech offers a unique platform that combines technology with automotive expertise, providing services such as vehicle valuation, inspection, and financing solutions. The company’s innovative approach has garnered significant recognition, positioning it as a trusted name in the industry. Notable achievements include a robust user base and strategic partnerships that enhance its service offerings, making CarTrade Tech a key player in the evolving landscape of retail trade services in India.
-4 vs industry average
CarTrade Tech Limited’s score of 31 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
CarTrade Tech Limited's reported carbon emissions
CarTrade Tech Limited, operating within the retail trade services sector (excluding motor vehicles and motorcycles), has disclosed its carbon emissions for recent reporting years.
For the year 2024, CarTrade Tech Limited reported Scope 1 emissions of approximately 242,070 kg CO2e and Scope 2 emissions of approximately 462,320 kg CO2e. In 2023, Scope 1 emissions were approximately 241,680 kg CO2e and Scope 2 emissions were approximately 301,760 kg CO2e. Moving back to 2022, Scope 1 emissions were around 250,210 kg CO2e and Scope 2 emissions were approximately 223,440 kg CO2e.
Earlier data from 2018 shows significantly higher emissions across all scopes. In 2018, total emissions were approximately 125,961,000 kg CO2e, comprising Scope 1 emissions of about 4,460,000 kg CO2e and Scope 2 emissions of approximately 25,050,000 kg CO2e. Scope 3 emissions in 2018 were substantial, totalling around 96,451,000 kg CO2e. Correspondingly, in 2017, total emissions were approximately 130,640,000 kg CO2e, with Scope 1 emissions at about 9,713,000 kg CO2e, Scope 2 at approximately 37,130,000 kg CO2e, and Scope 3 emissions at around 83,800,000 kg CO2e.
CarTrade Tech Limited's climate commitments include a target to reduce Scope 1 emissions by 30% from a 2020 baseline by 2030. Additionally, they aim to reduce Scope 1 and Scope 2 emissions to near zero by 2025. There is also a commitment to achieve net zero emissions by 2050 at the latest.
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CarTrade Tech Limited’s Climate Goals (2030 & 2050)
5 goals2030
30% reduction in Scope 2
We will reduce our Scope 2 emissions by 30% from 2020 baseline by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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