Chaity Composite, headquartered in Bangladesh, is a leading player in the composite materials industry, specialising in the production of high-quality fibreglass and carbon fibre products. Founded in 2010, the company has established a strong presence in both domestic and international markets, with significant operations across Asia and Europe. Renowned for its innovative approach, Chaity Composite offers a diverse range of products, including custom composite solutions for various sectors such as automotive, aerospace, and construction. Their commitment to quality and sustainability sets them apart, ensuring that each product meets rigorous industry standards. With a reputation for excellence, Chaity Composite has achieved notable milestones, positioning itself as a trusted partner for businesses seeking advanced composite materials. The company continues to drive growth and innovation, solidifying its status as a leader in the composite manufacturing landscape.
How does Chaity Composite'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.
Mean score of companies in the 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.
Chaity Composite's score of 18 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Chaity Composite, headquartered in Bangladesh, reported significant carbon emissions totalling approximately 3,140,000,000 kg CO2e from Scope 1, 690,000,000 kg CO2e from Scope 2, and 575,439,000 kg CO2e from Scope 3. This reflects a slight increase in Scope 1 emissions compared to 2021, where they were about 3,070,000,000 kg CO2e, while Scope 2 emissions remained stable. Chaity Composite has committed to achieving net-zero emissions by 2050, with a long-term target set in 2023. The company is actively working towards this goal by implementing strategies across all scopes of emissions. Their commitment aligns with industry standards and reflects a growing trend among companies in the textiles, apparel, footwear, and luxury goods sector to address climate change proactively. Overall, Chaity Composite's emissions data and climate commitments demonstrate a clear intention to reduce their carbon footprint and contribute to global sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 3,040,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 740,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 1,260,044,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
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.
Chaity Composite is committed to some reduction initiatives 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.