Ceat
Ceat Limited, a prominent player in the tyre manufacturing industry, is headquartered in Mumbai, India. Established in 1958, Ceat has grown to become a leading provider of a diverse range of tyres for various vehicles, including passenger cars, two-wheelers, trucks, and buses. The company is renowned for its commitment to quality and innovation, offering products that are designed to enhance performance and safety on the road. With a strong presence across India and significant operations in international markets, Ceat has achieved notable milestones, including the introduction of advanced technology in tyre production. Their core offerings, characterised by durability and superior grip, set them apart in a competitive landscape. Ceat's dedication to sustainability and customer satisfaction has solidified its position as a trusted brand, making it a preferred choice among consumers and industry professionals alike.
DitchCarbon Score
How does Ceat'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 Manufacturing 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
Ceat's score of 40 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceat's reported carbon emissions
In 2023, CEAT Limited reported total carbon emissions of approximately 160,485,000 kg CO2e from Scope 2, 66,841,000 kg CO2e from Scope 1, and 164,320,000 kg CO2e from Scope 3. This reflects a significant commitment to reducing their carbon footprint, particularly in Scope 1 and 2 emissions, which have decreased from 144,329,000 kg CO2e and 139,999,000 kg CO2e in 2019 to their current levels. CEAT has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. This long-term target aligns with their commitment to the Science Based Targets initiative (SBTi), which underscores their dedication to sustainable practices within the tyre manufacturing sector. The company has also made strides in reducing their emissions intensity, achieving a Scope 1 and 2 emission intensity of 0.044746 kg CO2e per rupee of turnover in 2023. Overall, CEAT's proactive approach to managing carbon emissions and their long-term net-zero commitment positions them as a responsible player in the industry, contributing to global climate goals while enhancing their operational efficiency.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 220,684,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 136,224,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,427,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
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.
Ceat is participating in some 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.
