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 13 is higher than 56% 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 significant reductions in its carbon emissions, with Scope 1 emissions at approximately 2,061,900 kg CO2e and Scope 2 emissions at about 8,445,530 kg CO2e. This marks a substantial decrease from 2022, where Scope 1 emissions were approximately 2,060,900,000,000 kg CO2e and Scope 2 emissions were around 8,445,530,000,000 kg CO2e. Elecon has set ambitious near-term targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 54.6% by FY2033, using FY2023 as the baseline year. Additionally, the company 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. Furthermore, Elecon has committed to achieving net-zero emissions across all scopes by 2050, aligning its strategies with the 1.5°C climate goal. These commitments reflect Elecon's proactive approach to addressing climate change and reducing its carbon footprint in the construction and engineering sector.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,060,900,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,445,530,000,000 | 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.
