Elecon
Elecon Engineering Company Limited, commonly known as Elecon, is a prominent player in the engineering sector, headquartered in Anand, Gujarat, India. Established in 1951, Elecon has carved a niche in the manufacturing of material handling equipment and gearboxes, serving diverse industries such as cement, steel, and power generation. With a strong presence across India and international markets, Elecon is renowned for its innovative solutions and high-quality products. The company’s extensive portfolio includes gear drives, industrial gearboxes, and bulk material handling systems, distinguished by their reliability and efficiency. Over the decades, Elecon has achieved significant milestones, solidifying its market position as a leader in engineering solutions. Its commitment to excellence and customer satisfaction has earned it numerous accolades, making Elecon a trusted name in the industry.
DitchCarbon Score
How does Elecon'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 Furniture 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
Elecon's score of 22 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Elecon's reported carbon emissions
In 2023, Elecon Engineering Company Limited reported total greenhouse gas emissions of approximately 10,049,430 kg CO2e, comprising 2,060,900 kg CO2e from Scope 1 and 8,445,530 kg CO2e from Scope 2. This represents a commitment to reducing absolute Scope 1 and 2 emissions by 54.6% by FY2033, using FY2023 as the baseline year. Additionally, Elecon aims for 81.4% of its suppliers, covering emissions from purchased goods and services as well as upstream and downstream transportation, to establish science-based targets by FY2028. The company has set these near-term targets in alignment with the Science Based Targets initiative (SBTi), demonstrating its commitment to climate action and sustainability within the construction and engineering sector. Elecon's long-term vision includes a net-zero commitment by 2050, further solidifying its role in addressing climate change.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,060,900 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,445,530 | 0,000,000 | 00,000,000 |
| 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.
Elecon 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.
