Elgi Rubber Company Limited Sustainability Profile
Elgi Rubber Company Limited, commonly referred to as Elgi Rubber, is a prominent player in the rubber manufacturing industry, headquartered in India. Established in 1960, the company has carved a niche in producing high-quality rubber products, particularly in the automotive and industrial sectors. With a strong operational presence across various regions, Elgi Rubber is renowned for its innovative solutions, including rubber components for vehicles and industrial applications. The company’s core offerings, such as rubber mouldings and extrusions, are distinguished by their durability and performance, setting them apart in a competitive market. Elgi Rubber has achieved significant milestones, including expanding its product range and enhancing its manufacturing capabilities, solidifying its position as a trusted supplier. With a commitment to quality and sustainability, Elgi Rubber continues to lead in the rubber industry, catering to diverse customer needs globally.
DitchCarbon Score
How does Elgi Rubber Company Limited'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 Machinery and Equipment 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
Elgi Rubber Company Limited's score of 11 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Elgi Rubber Company Limited's reported carbon emissions
In 2022, Elgi Rubber Company Limited reported total carbon emissions of approximately 16,221,000 kg CO2e, comprising 3,571,000 kg CO2e from Scope 1 and 12,691,000 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in their environmental impact, although no Scope 3 emissions data has been disclosed. Comparatively, in 2021, the company recorded total emissions of about 12,013,000 kg CO2e, with 3,273,000 kg CO2e from Scope 1 and 9,241,000 kg CO2e from Scope 2. In 2020, the emissions were approximately 10,000,000 kg CO2e, consisting of 3,319,000 kg CO2e from Scope 1 and 10,571,000 kg CO2e from Scope 2. This indicates a significant increase in emissions from 2021 to 2022. Elgi Rubber Company Limited has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of reduction commitments suggests a need for further action in aligning with industry standards for climate accountability. Overall, while Elgi Rubber Company Limited has made strides in reporting its emissions, the lack of reduction targets and initiatives highlights an area for potential improvement in their climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,319,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,571,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Elgi Rubber Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Elgi Rubber Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
