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 22 is lower than 54% 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 73976000 kg CO2e for Scope 1, 139989000 kg CO2e for Scope 2, and 165090000 kg CO2e for Scope 3, totalling about 338054000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. CEAT has set ambitious climate commitments, aiming for a 50% reduction in its carbon footprint by 2030 for both Scope 1 and Scope 2 emissions. This target is part of a broader strategy that includes transitioning to renewable energy, enhancing energy efficiency, and optimising logistics and supply chain processes to eliminate avoidable emissions. The company is currently on track to meet its five-year goals, with significant initiatives underway. Additionally, CEAT is committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term sustainability strategy. This commitment is aligned with the Science Based Targets initiative (SBTi) and reflects the company's dedication to addressing climate change within the tyre manufacturing sector. Overall, CEAT Limited's proactive stance on carbon emissions and climate commitments positions it as a responsible player in the industry, striving for significant reductions and sustainable practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 84,460,000 | 000,000,000 | 000,000,000 | 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 |
| Scope 3 | 1,303,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
