CarTrade Tech Limited Sustainability Profile
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 76% 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 2024, CarTrade Tech Limited reported total carbon emissions of approximately 704,390 kg CO2e, comprising 242,070 kg CO2e from Scope 1 and 462,320 kg CO2e from Scope 2. This marks a slight increase in emissions compared to 2023, where the company recorded about 543,440 kg CO2e, with 241,680 kg CO2e from Scope 1 and 301,760 kg CO2e from Scope 2. In 2022, the emissions were approximately 473,650 kg CO2e, with 250,210 kg CO2e from Scope 1 and 223,440 kg CO2e from Scope 2. CarTrade Tech Limited has not set specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from CarTrade Tech Limited. Overall, while the company has made strides in reporting its emissions, it currently lacks defined reduction commitments or significant climate initiatives.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 250,210 | 000,000 | 000,000 |
| Scope 2 | 223,440 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is CarTrade Tech Limited's Industry?
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CarTrade Tech 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.
CarTrade Tech 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.
