Finolex Cables Limited
Finolex Cables Limited, a leading name in the Indian electrical and telecommunications industry, is headquartered in Pune, Maharashtra. Established in 1958, the company has grown to become a prominent manufacturer of a diverse range of cables and wires, including PVC insulated cables, power cables, and communication cables. With a strong presence across India, Finolex is renowned for its commitment to quality and innovation, consistently delivering products that meet stringent industry standards. The company’s core offerings, such as its robust electrical cables and advanced telecom solutions, are distinguished by their durability and reliability. Finolex Cables has achieved significant milestones, including being one of the largest manufacturers in the country, and continues to maintain a strong market position through its focus on research and development, ensuring it remains at the forefront of the industry.
DitchCarbon Score
How does Finolex Cables 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 Other Non-Ferrous Metal Products 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
Finolex Cables Limited's score of 10 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Finolex Cables Limited's reported carbon emissions
In 2023, Finolex Cables Limited reported total carbon emissions of approximately 18,089,000 kg CO2e, comprising 659,000 kg CO2e from Scope 1 and 17,430,000 kg CO2e from Scope 2. In 2022, the company’s emissions were about 15,284,000 kg CO2e, with 769,000 kg CO2e from Scope 1 and 14,515,000 kg CO2e from Scope 2. The data for 2024 is not yet available, but the company has indicated a focus on emission intensity, reporting a Scope 1 and 2 emission intensity of about 0.033 kg CO2e per rupee of turnover in 2023. Despite these figures, Finolex Cables has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed Scope 3 emissions data suggests that the company may still be developing its comprehensive climate strategy. Overall, Finolex Cables Limited is actively monitoring its carbon footprint, but further commitments and reduction strategies are needed to enhance its climate action profile.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 769,000 | 000,000 |
| Scope 2 | 14,515,000 | 00,000,000 |
| 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.
Finolex Cables Limited 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.
