Ceylon Tobacco Company
Ceylon Tobacco Company PLC, commonly referred to as CTC, is a leading player in the tobacco industry, headquartered in Colombo, Sri Lanka (LK). Established in 1908, CTC has a rich history marked by significant milestones, including its listing on the Colombo Stock Exchange. The company primarily operates in the manufacture and distribution of tobacco products, with a diverse portfolio that includes well-known brands such as Gold Leaf and Classic. CTC is renowned for its commitment to quality and innovation, utilising advanced agricultural practices and sustainable sourcing methods. As a subsidiary of British American Tobacco, Ceylon Tobacco Company holds a prominent market position, contributing significantly to Sri Lanka's economy while adhering to stringent regulatory standards. With a focus on responsible business practices, CTC continues to evolve within the dynamic landscape of the tobacco industry.
DitchCarbon Score
How does Ceylon Tobacco Company'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 Business 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
Ceylon Tobacco Company's score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceylon Tobacco Company's reported carbon emissions
In 2023, Ceylon Tobacco Company (CTC), headquartered in Sri Lanka (LK), reported total carbon emissions of approximately 4,955,000 kg CO2e, comprising 1,555,000 kg CO2e from Scope 1 and 2,399,000 kg CO2e from Scope 2 emissions. The company has made significant strides in its climate commitments, being the first end-market within the British American Tobacco (BAT) Group to achieve carbon neutrality in Scope 1 and 2 greenhouse gas emissions across its depots, Colombo factory, and commercial operations. This initiative is part of a broader target set to be achieved by 2030. CTC's emissions data is cascaded from its parent company, British American Tobacco p.l.c., reflecting a commitment to sustainability within the corporate family. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Overall, CTC's proactive approach to reducing its carbon footprint aligns with industry standards and demonstrates a commitment to environmental responsibility.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | 0,000,000 | 0,000,000 |
| 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.
Ceylon Tobacco Company 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.
