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 6 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Finolex Cables Limited's reported carbon emissions
In 2024, Finolex Cables Limited reported total carbon emissions of approximately 42,430,000 kg CO2e from Scope 1 and 52,600,000 kg CO2e from Scope 2, resulting in a combined total of about 95,030,000 kg CO2e. This marks a significant increase in emissions compared to 2023, where the company recorded approximately 6,590,000 kg CO2e for Scope 1 and 17,430,000 kg CO2e for Scope 2, totalling around 18,089,000 kg CO2e. In 2022, the emissions were approximately 769,000 kg CO2e for Scope 1 and 14,515,000 kg CO2e for Scope 2, leading to a total of about 15,284,000 kg CO2e. The data indicates a trend of increasing emissions over the years, particularly in Scope 2 emissions, which are primarily associated with the electricity consumption of the company. Despite the rising emissions, there are currently no publicly disclosed reduction targets or climate pledges from Finolex Cables Limited. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. As such, their climate strategy remains unclear within the context of industry standards for emissions reduction.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 769,000 | 000,000 | 0,000,000 |
| Scope 2 | 14,515,000 | 00,000,000 | 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 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.
