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.
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.
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.
Essar's score of 8 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, there are currently no publicly disclosed reduction targets or climate pledges from Essar, which suggests a need for further commitment to long-term sustainability goals. The company has reported intensity ratios of 240.0 tCO2e/TCOP for 2022, indicating a measure of emissions relative to production output. Essar's emissions data highlights the importance of ongoing monitoring and improvement in carbon management practices, particularly as the global focus on climate change intensifies.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | |
---|---|---|
Scope 1 | 1,089,656,000 | 000,000,000 |
Scope 2 | 15,636,000 | 0,000,000 |
Scope 3 | - | - |
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 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.