Exide
Exide Industries Limited, commonly known as Exide, is a leading player in the battery manufacturing industry, headquartered in Kolkata, India. Founded in 1947, Exide has established itself as a pioneer in the production of lead-acid batteries, catering to a diverse range of sectors including automotive, industrial, and renewable energy. With a robust presence across India and significant operations in international markets, Exide offers a comprehensive portfolio of products, including automotive batteries, inverter batteries, and specialised industrial batteries. The company is renowned for its innovative technology and commitment to quality, which have positioned it as a trusted brand among consumers and businesses alike. Exide's notable achievements include being one of the largest manufacturers of lead-acid batteries in India, reflecting its strong market position and dedication to sustainability and customer satisfaction.
DitchCarbon Score
How does Exide'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
Exide's score of 28 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Exide's reported carbon emissions
In 2023, Exide reported total carbon emissions of approximately 1,236,000,000 kg CO2e, comprising 29,186,000 kg CO2e from Scope 1, 314,201,000 kg CO2e from Scope 2, and 912,273,000 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 1 emissions compared to 2022, where they were about 27,164,000 kg CO2e, and a decrease in Scope 2 emissions from approximately 385,760,000 kg CO2e. Exide has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its emissions intensity metrics, reporting a total Scope 1 and Scope 2 emission intensity of about 0.0053847 per rupee of turnover in 2023. As a leading player in the battery manufacturing industry, Exide's commitment to addressing climate change is crucial, especially given the significant contribution of Scope 3 emissions, which primarily arise from purchased goods and services. The company is expected to enhance its climate strategies to align with global sustainability goals.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 22,818,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 331,211,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 |
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.
Exide 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.
