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 16 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Exide's reported carbon emissions
In 2023, Exide Industries Limited reported total carbon emissions of approximately 29994000 kg CO2e for Scope 1 and about 912765000 kg CO2e for Scope 3. The company has not disclosed Scope 2 emissions for this year. The previous year, 2022, saw similar figures with Scope 1 emissions at about 29186000 kg CO2e and Scope 3 emissions at approximately 912273000 kg CO2e. Exide's emissions intensity for Scope 1 and Scope 2 combined was reported at 0.201 metric tons CO2e per rupee of turnover in 2023, indicating a focus on reducing emissions relative to revenue. However, there are currently no specific reduction targets or climate pledges documented, and no emissions data has been cascaded from a parent or related organization. The company is actively monitoring its carbon footprint but has yet to establish formal commitments to emissions reduction initiatives or science-based targets. As a significant player in the battery manufacturing industry, Exide's climate strategy will be crucial in addressing its substantial Scope 3 emissions, which represent the majority of its carbon footprint.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 22,818,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 331,211,000 | 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 participating in any of the initiatives that 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.
