Essar
Essar Group, a prominent Indian multinational corporation, is headquartered in Mumbai, India. Founded in 1969, Essar has established itself as a key player in various sectors, including energy, resources, infrastructure, and services. The company operates extensively across India and has a significant presence in several international markets. Essar's core offerings encompass oil refining, steel production, and power generation, distinguished by their commitment to innovation and sustainability. Notable achievements include the development of one of the world's largest single-location refineries and a robust portfolio of renewable energy projects. With a strong market position, Essar continues to drive growth and contribute to the global economy through its diverse business ventures.
DitchCarbon Score
How does Essar'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
Essar's score of 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Essar's reported carbon emissions
In 2022, Essar reported total carbon emissions of approximately 1,041,631,000 kg CO2e, a significant reduction from about 2,224,716,000 kg CO2e in 2021. The emissions breakdown for 2022 includes approximately 425,151,000 kg CO2e from Scope 1 and about 7,549,000 kg CO2e from Scope 2. This indicates a focused effort on reducing direct emissions from operations and energy consumption. Despite these reductions, Essar has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions intensity ratio for 2022 was reported at 240.0 tCO2e/TCOP, reflecting its operational efficiency in relation to carbon output. Essar's climate strategy appears to be evolving, but further details on future commitments or initiatives to address Scope 3 emissions remain unspecified. As the company continues to navigate its carbon footprint, ongoing transparency and commitment to climate action will be crucial in aligning with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,089,656,000 | 000,000,000 |
| Scope 2 | 15,636,000 | 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.
Essar is not committed to any 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.
